Answer:
5
Step-by-step explanation:
t-u/v
substitute (-1) - (-3)/(1/2)
divide (-1) - (-6)
simplify (-1) + 6
add 5
Im think its C. Accounting.
Hope that is correct.
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.
Answer:
The first loan L1 = $20,000
This is the loan with 3% simple interest
The second loan L2 = $4,000
This is the loan with 5.5% simple interest
Step-by-step explanation:
L1 + L2 = $24,000 ...(1)
4(3% of L1) + 4(5.5% of L2) = $3,280 ...(2)
Where the first term in equation (2) represents the total interest paid on loan 1 after 4 years
The second term represents total interest accruing to loan 2 after 4 years
From equation (1), we single out L1
L1 = 24,000 - L2
Substitute this value for L1 in equation (2)
288,000 + 10L2 = 328,000
L2 = $4,000
L1 = $24,000 - $4,000 = $20,000
A 12-sided die is rolled. The set of equally likely outcomes is {1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12} . Find the probability
Free_Kalibri [48]
Answer:
11/12
Step-by-step explanation:
Greater than 1: 2,3.... 12
P(greater than 1) = 11/12
