Answer:
14%
Step-by-step explanation:
A way I usually do it is with a fraction setup.
280/2000 = ?/100
multiply 280 by 100, and you get 28000. divide this by 2000, and you get 14!
Answer:
8,14
Step-by-step explanation:
Let one number = x
Other number = 22-x
x - (22-x) = 6
x - 22 +x =6
2x = 6 + 22
2x = 28
x = 28/2
x = 14
Other number = 22 - 14 =8
Answer:
For 30 years at 5% = $354,625.2
For 20 years at 4.5% = $278,618.4
Step-by-step explanation:
The total payback for each payment is given by the monthly payment multiplied by the total number of months for the payment period (years).
1) For 30 years at 5%
Total number of months in 30 years = 30 x 12 = 360 months
Payback = $985.07 x 360 = $354,625.2
2) For 20 years at 4.5%
Total number of months in 20 years = 20 x 12 = 240 months
Payback = $1160.91 x 240 = $278,618.4
Y=24 Y-12=12 Y=12+12 Y=24
(X-12) = 12
X = 12+12
X=24
