Answer: 36 people
Step-by-step explanation:
1. The number of people that aspire to become doctor is:
360 people*0.65=234 people
2. The number of people that aspire to become police is:
360 people*0.05=18 people
3. The number of people that aspire to become pilot is:
360 people*0.2=72
4. The sum of people that do not aspire to become entrepreneurs is:
234 people+18 people+72 people=324 people
5. Therefore, the number of people that aspire to become entrepreneurs is:
360 people-324 people=36 people
Answer:
$390,900
Step-by-step explanation:
Given:
Initial payment = $965
New rapayment = $925 when she decided to refinance her ballon payment with a 30 year mortgage
In this case, a 5/25 ballon mortgage simply means loan repayment for the first 5 years is at a fixed rate.
Which means the total amount she paid in the first five years was=
12 * 5 * $965 = $57,900
When she refinanced the payment with a 30 year mortgage, her total payment = $925 * 12 * 30years = $333,000
Total financed cost Patricia paid =
$57,900 + $333,000 = $390,900
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