Answer:
Wow, thanks for all the points!
Step-by-step explanation:
Heres your equation:
18,000 - 9,500 = <em>s.</em>
Theres your equation, have a nice day/afternoon/evening/night.
It does not say simple or compound interest.
Simple interest is rarely used these days, so assume compound.
Use the standard formula:
future value = present value*(1+rate/n)^(nt)
n=number of times interest is compounded per year (=1)
t=number of years
Plugging values,
200=100(1.09)^t
1.09^t = 2
take log
t(log(1.09))=log 2
t=log(2)/log(1.09)=0.6931/0.08618=8.04 years.
rule says that 28 % of your total income should be spent on Housing finances and 36 % of your gross total income should be spend for Debts.
Annual Salary = $ 60,750
Maximum mortgage payment=28% of $ 60,750
Maximum ,mortgage payment allowed for someone with an annual salary of $60,750= $ 1,701.00→→→Option (C)
Answer:
if you want it as dollars and cents it is $77.50 but in nearest whole number it would be 78 dollars
Step-by-step explanation:
step 1: multiply the 2 by 5 and you get 10%
step two: you put 10 over 100 and multiply 77,500
10/100 x 77,500/1= $77.50
but when you roung it off you get 78 dollars
Just because the 3 is less than 5 doesn't mean it's less. What max did wrong was automatically see the first number and say it was greater/least because it's just the first digit. 36,594,145 is greater than 5,980,251 because the last 6 digits are invisible right now so thing about the numbers before the first comma- 36 and 5. Which number is greater? 36 so just because it's the first digit in the number doesn't make it automatically greater or less. *-sorry for such long paragraph*
