<span>Using the formula above, your merit increase will be 2.5%. You received a score of 3.4 on your annual review. Since the merit increase model is 0.5% salary increase at a score of 2.6, with an additional 1% for every .4 points above that baseline, you get 2.5%, which is the baseline of 0.5% + 2% for the 0.8 points you scored above that baseline.</span>
For this case we must find the value of the variable "x" of the following expression:
We apply distributive property to the terms within parentheses: 
We subtract 4x on both sides:
We add 2 to both sides:
We divide between 2 on both sides:
Answer:
Answer:
C. a higher monthly payment.
Step-by-step explanation:
<h3>Answer options:</h3>
Rate adjustment resulted in
<u>A. a lower interest rate.
</u>
- No, interest rate increased from 0.4 to 0.5 percent
<u>B. a higher principal.
</u>
- No, principal decreased from $200000 to $187000
<u>C. a higher monthly payment.
</u>
- Yes, monthly payment increased from $1059.85 to $1162.56
<u>D. a higher number of payments.</u>
- No, number of payments remained as 336
Answer:
m = - 5
Step-by-step Explanation:
