Answer:
Both ratios reduce to the same ratio 3/50, so the restocking fee is proportional.
Step-by-step explanation:
For the $200, the restocking fee is $12, so the ratio of the restocking fee to the price of the item is 12/200.
For the $150, the restocking fee is $9, so the ratio of the restocking fee to the price of the item is 9/150.
Now we find out if the ratios 12/200 and 9/150 are equal.
12/200 = 3/50
9/150 = 3/50
Both ratios reduce to the same ratio 3/50, so the restocking fee is proportional.
Answer:
14
Step-by-step explanation:
Multiply the exponents together
Answer:Balloon payment:$84,646.62
Step-by-step explaination:
Monthly payment
Monthly principal and interest payment (PI). The monthly payment is calculated using a term up to 15 years.
Total interest paid:$22,374.55
Total regular payments:$51,227.93
Balloon payment:$84,646.62