Answer: 0.28
Step-by-step explanation:
3,500,000 - 2,800,000 = 700,000
So the magazine needs 700,000 readers to meet their goal.
Hope that helps you. :-)
Answer:
If Dominic buys 2 points (2% of the loan value) he will get a better rate and hence less payment. The question is asking how long will it take him to save the initial investment of 2% of the loan value due to a smaller payment. The monthly payment at 5.45% is $1,146.43, the monthly payment for 5.2% is $1,118.66. This is a difference of $27.77 per month. The 2 points will cost him $3,752.00. The question is asking how long will it take Dominic to re-coup his $3,752.00 if he saves $27.77 per month. Just divide the 2 numbers and you get 135.10 months. If you divide that by 12 you get 11.26 years, which is roughly 11 years, 4 months.
Step-by-step explanation:
Here is what the question is asking. If Dominic buys 2 points (2% of the loan value) he will get a better rate and hence less payment. The question is asking how long will it take him to save the initial investment of 2% of the loan value due to a smaller payment. The monthly payment at 5.45% is $1,146.43, the monthly payment for 5.2% is $1,118.66. This is a difference of $27.77 per month. The 2 points will cost him $3,752.00. The question is asking how long will it take Dominic to re-coup his $3,752.00 if he saves $27.77 per month. Just divide the 2 numbers and you get 135.10 months. If you divide that by 12 you get 11.26 years, which is roughly 11 years, 4 months.
7. 0.78 8. 0.55 9. 0.185 10. 0.574 11. 0.33 12. 0.09 13. 0.4763 14. 0.9125
15. 1.66 16. 2.17 17. 0.0006 18. 0.00034 19. 74% 20. 52% 21. 89% 22. 76.8%
23. 99% 24. 49% 25. 48.7% 26. 12.8% 27. 368% 28. 512% 29. 3.71%
30. 0.46% Converting Decimal to Percentage, Multiply Decimal by 100. Percentage to Decimal, divide by 100.
