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stepladder [879]
2 years ago
10

What are two reasons someone might purposely choose a HIGHER monthly payment?

Mathematics
2 answers:
zubka84 [21]2 years ago
8 0

Answer:

To pay back the loan in a shorter period and to pay less interest.

Step-by-step explanation:

The monthly payment refers to the amount someone has to pay every month for a loan until it is paid back in full. A person might purposely choose a higher monthly payment because this will alow him/her to pay the loan in a shorter period as he/she wil be putting more money towards the principal. Also, the person will pay less interest because that is the amount the lender charges for the money that was borrowed and if someone pays more money towards the principal, he/she will owe less interest because the balance is lower.

Allisa [31]2 years ago
4 0
To earn extra money a month
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Rammy has $9.60 to spend on some peaches and a gallon of milk. Peaches
sergeinik [125]

Answer:

\large \boxed{\text{5.00 lb}}

Step-by-step explanation:

\begin{array}{rcl}1.20x + 3.60 & \leq & 9.60\\1.20x & \leq & 6.00\\x &\leq & \mathbf{5.00}\\\end{array}\\\text{Rammy can buy $\large \boxed{\textbf{5.00 lb}}$ of peaches.}

Check:

\begin{array}{rcl}1.20(5.00) + 3.60 & \leq & 9.60\\6.00 + 3.60 & \leq & 9.60\\9.60 & \leq & 9.60\\\end{array}

OK.

5 0
2 years ago
Hamid has gained weight
Aleksandr-060686 [28]

Answer:

80

Step-by-step explanation:

if 88 is 10% higher than his previous weight then his current weight is 110%

divide 88 by 110 then multiply it by 100 to find his previous weight

88 ÷ 110 × 100 = 80

5 0
2 years ago
Scores on a test have a mean of 70 and q3 is 83. the scores have a distribution that is approximately normal. find p90. (you wil
Hunter-Best [27]
<span>Answer: Q3 represents 75%, meaning a z of ~0.67 80 - 70 is 10, so the standard deviations is ~14.9. 10 / 0.67 = 14.9 now find the z that represents a score of 90 90 - 70 is 20 20 / 14.9 = 1.34 from a z-table, a z of 1.34 represents a probability of ~90.99% meaning that there is about a 9.01% chance of getting a 90 or better.</span>
5 0
2 years ago
Robert called two bowling centers, Fannin Lanes and Fun Times Lanes, to déterminé the cost to bowl. Fannin Lanes charges 2.50 pe
Archy [21]

Answer:

4 games

Step-by-step explanation:

<em>Robert called two bowling centers, Fannin Lanes and Fun Times Lanes, to déterminé the cost to bowl.</em>

Let x number of games played

y represents total cost to bowl

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y = 2.50x + 2

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y = 2x + 4

<u><em>If total cost to bowl be same at both center</em></u>

2.50x + 2 = 2x + 4

2.5x - 2x = 4-2

        0.5x = 2

             x = 4

Hence, 4 games will the cost to bowl be the same at both center.

3 0
2 years ago
4(3x-8)-4 = 24
tangare [24]

Answer:

C

Step-by-step explanation:

5 0
2 years ago
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