Answer:
yaah lower is only the answer
The current value of the mortgage will be given by:
A=P(1+r/100)^n
where:
P=$150,000
r=5%
n=16 years
therefore:
A=150000(1+5/100)^16
A=150000(1.05)^16
A=$201,014.35
If He wants to pay off his mortgage now, he needs $201,014.35
A lien is a claim against an asset, often to get a loan. All debts related have to be paid before it is removed.
The type of shopping that is being identified above is
acquisitional shopping because this is where consumers have the intention of
visiting or going to the store to shop in a way that they would purchase
products and acquire for services. It could be seen above as the shopping is
characterized because of the consumers will of having to purchase a specific
product.
Answer:
y = (x / 100) + 100
Explanation:
First, we need to know the amount of money that it spends on advertising for each extra unit sold. That would be equal to: 2,500 / 25 = 100
This value will be the divisor of the advertising expense (x) to obtain the variable factor of the number of units.
Since 100 units are already sold without investment, this value is taken as fixed and added.
And with the previous data, the formula remains:
y = (x / 100) + 100
