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vagabundo [1.1K]
3 years ago
15

Q: Tom would like to take out a secured loan to help pay for a vacation this summer. He has offered his car as collateral. His c

ar is worth $3,500. His bank can offer loans for 80% of collateral value. The vacation he has planned will cost $4,750. Approximately how much additional collateral will Tom need to offer in order to borrow enough to go on his vacations planned?
A: $2,437.50

please walk me through the steps so that I have an explanation/understanding.
Mathematics
1 answer:
givi [52]3 years ago
3 0

Answer:

hi

hi

hi

hi

hi

hihiiiiiiiiiiii

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Andreas93 [3]

Answer:

1050

Step-by-step explanation:

Let x = full capacity

\frac{3}{5} x=\frac{2}{7} x+330

Move the variable to the left side by subtracting both sides by \frac{2}{7} x

\frac{3}{5} x-\frac{2}{7}x=\frac{2}{7} x+330 -\frac{2}{7}x

\frac{3}{5} x-\frac{2}{7} x=330

Combine the like terms (don't forget about common denominator)

\frac{21}{35} x-\frac{10}{35} x=330

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Multiply both sides by \frac{35}{11} to isolate the x

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5 0
3 years ago
NEED HELP!!!!!!!!!!! NO LINKS!!!!!!!
omeli [17]

Answer:

3x=18

Step-by-step explanation:

We want to get the variable x by itself.

Since we see a -3 with the 3x, we want to move the 3 to the other side of the equal sign by adding 3 to both sides of the equal sign.

3x - 3 = 15

3x - 3 + 3 = 15 + 3

Then we get:

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7 0
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What's the number of 6-charcter passwords made of lowercase letters where no two consecutive characters are the same?
Stolb23 [73]
The first letter can be any of 26. Each remaining letter can be any of the 25 that remain after the one before is deleted from consideration. Your number is
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7 0
3 years ago
1 2/5 hours in minutes
never [62]

Answer:

84 minutes

HOPE THIS HELPS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Step-by-step explanation:

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24 minutes plus an hour (60 minutes)

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3 0
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C will represent the amount he will get back.
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