I believe this question is referring to purchasing a discount on a loan's interest rate by putting more towards closing costs. For mortgages, sometimes they will allow you to "buy" a smaller interest rate. For example:
<span>Loan A has an interest rate of 4.5% and no closing costs. </span>
<span>Loan B has an interest rate of 4.375%, but has $1000 in closing costs. </span>
<span>Normally, Loan A would be the better choice if you plan on keeping the home short term, but Loan B would be more beneficial for keeping the loan long-term. I don't really care to spend the time that is necessary to come up with an actual scenario, but I hope that helps enough for you to understand the question.</span>
Answer:
64.3333333333
Step-by-step explanation:
Simplify the expression. Tap for more steps... Rewrite 64 64 as 43 4 3 .
Answer:
60 minutes for the larger hose to fill the swimming pool by itself
Step-by-step explanation:
It is given that,
Working together, it takes two different sized hoses 20 minutes to fill a small swimming pool.
takes 30 minutes for the larger hose to fill the swimming pool by itself
Let x be the efficiency to fill the swimming pool by larger hose
and y be the efficiency to fill the swimming pool by larger hose
<u>To find LCM of 20 and 30</u>
LCM (20, 30) = 60
<u>To find the efficiency </u>
Let x be the efficiency to fill the swimming pool by larger hose
and y be the efficiency to fill the swimming pool by larger hose
x = 60/30 =2
x + y = 60 /20 = 3
Therefore efficiency of y = (x + y) - x =3 - 2 = 1
so, time taken to fill the swimming pool by small hose = 60/1 = 60 minutes
Okay so the equation. Lets say e is explorers and v is flying vs and m = money.
e + v > or = 30.
80e + 5v =m.
e < or = 20\
v < or = 20.
Okay, the most money he could make would be if he made 20 explorers at 80 dollars and 10 vs at 5 dollars.
Total money...
1600 + 50 = 1650.
So he could make $1650.
A negative plus a positive equals a negative
