Answer:
X=
Step-by-step explanation:
Answer:
Step-by-step explanation:
32 times 32 24 times
32*32*32*32*32*32*32*32*32*32*32*32*32*32*32*32*32*32*32*32*32*32*32 or 32^42=1.329228e+36
Answer:
number of periods per year m, times the number of periods n: simple interest amount = principal amount × (rate / m) × n.
Step-by-step explanation:
Answer: she would catch up with Tom in 1 hour.
Step-by-step explanation:
Let t represent the time it will take for Mary to catch up with Tom.
Tom leaves his boat from a dock and travels at a rate of 25 miles per hour.
Distance = speed × time
Distance travelled by Tom in t hours is
25 × t = 25t
Ten minutes later, Mary leaves the same dock in her speedboat and heads after Tom. Converting 10 minutes to hours, it becomes 10/60 hour
Time spent by Mary is (t - 10/60) hours. If she travels at a rate of 30 miles per hour, it means that the distance that she would travel in
(t - 10/60) hours is
30(t - 10/60)
= 30t - 5
By the time she catches up with Tom, they would have covered the same distance. It means that
25t = 30t - 5
30t - 25t = 5
5t = 5
t = 5/5 = 1 hour
<h3>
Answer: D. 80% of the home’s value</h3>
============================================================
Explanation:
As you probably expect, the first number 80 refers to the percentage the first loan covers. If the house is say $100,000, then the first loan is $80,000 while the second loan is the remaining $20,000.
An 80/20 mortgage, or similar, will have two monthly payments because you are getting two mortgages bundled together. Usually you should pay a down payment, though it may likely depend on your credit history. Those with good credit will pay less or no down payment, compared to those with worse credit will have to pay more down payment. A good rule of thumb is that 20% of the home's value is made as down payment, though this isn't what the "20" in "80/20" is referring to.
An 80% down payment is extremely high and unreasonable. Not many people have that kind of money laying around. A similar story applies to a 20% interest rate which is incredibly large for a mortgage rate (typically they are in the single digits such as 3%).
