What is the balance on an amortized loan of $110,000 after the first payment if the interest rate is 5.5% with a monthly P&I
1 answer:
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We are given that Grandma has 14 red roses and 7 pink roses.
In order to represent them on bar modal, we need to make a bar with 14 identical sections for 14 red roses.
And for pink roses, we need to make a bar with 7 identical sections for 7 pink roses.
<em>From the bar graph, we can see that bar for red roses have 7 more boxes than bar of pink roses.</em>
<h3>Therefore, she have 7 more red roses than pink roses.</h3>
Answer: Choice B
a = 42, b = 5, c = 28, d = 33, e = 10
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Explanation:
Refer to the diagram below. We have a table of values in which some values (if not most) are unknown. We have variables as placeholders until we can figure out which numbers replace them.
Along the bottom row, we see that 70+e = 80, which solves to e = 10. I subtracted 70 from both sides.
That must mean the answer is between choice A or choice B.
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Since e = 10, and b+5 = e (third column), we can replace the 'e' with 10 to get the equation b+5 = 10. That solves to b = 5. This rules out choice A.
The final answer is choice B
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If you want to keep going to find a, c and d, then let's solve a+b = 47 which is the same as a+5 = 47 after replacing letter b with 5.
a+5 = 47 solves to a = 42 after subtracting both sides by 5.
Then along the first column, we see that a+c = 70 which is the same as 42+c = 70. Isolating c gets us c = 28
Lastly, c+5 = d is shown along the second row. Plug in c = 28 to find that d = c+5 = 28+5 = 33
So overall we have:
a = 42, b = 5, c = 28, d = 33, e = 10
