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Find the monthly house payments necessary to amortize a 10.8% loan of $125,800 over 20 years.
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<em>This means that at some specific number of days the cost for Oceanview and Beachside will be the same.</em>
<h2 /><h2>Explanation:</h2>See the complete question in the attached file. In this exercise, we know that Oceanview charges $100 per day plus a one-time fee of $40. This can be represented by the following equation:
Total cost for Oceanview:
Total cost for Beachside:
Where:
So we have to explain what the equation:
represents in the context of the problem. We have used substitution in order to get that equation, so <em>this means that at some specific number of days the cost for Oceanview and Beachside will be the same.</em>
This value was calculated and we get that<em> the cost at the hotels will be the same after 4 days and it will be $440.</em>
<h2>Learn more:</h2>Linear equations: brainly.com/question/12412678
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First of all, it is 2r
and it would be divide by 3.14 (pi) and then you should have the diameter. Then divide by 2 to find radius.