Simplify The following equations
2 answers:
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Answer:
Step-by-step explanation:
1. Find the Greatest Common Factor of the numerator and denominator.
The prime factors of 35 are <u>5</u>, 7, 35
The prime factors of 60 are 2, 3, 4, <u>5</u>, 6, 10, 12, 15, 20, 30, 60
The only common factor of 35 and 60 is 5.
2. Divide the numerator and denominator by the Greatest Common Factor.
9514 1404 393
Answer:
- monthly payment $690.25
- total interest $123,490
- total repaid $248.490
- difference from rent $9.75
Step-by-step explanation:
Frank's monthly payment will be $690.25.
The total of all payments will be $690.25 × 360 = $248,490.00.
The interest Frank will pay is $248,490 -125,000 = $123,490.00.
The difference between Frank's rent and his loan payment is ...
$700 -690.25 = $9.75
