Imagine that you have the opportunity to purchase a large piece of land for $100,000, after taking out a loan. You have decided to take out a loan for $135,000 in order to cover the cost of the land purchase and building your park. You have hired a financial adviser to help you explore different loan options and decide which one is best for you. Below you will see the different loan options. You will need to calculate the total cost of each loan with interest. Once you have do this you and your group members will need to decide which of the loan options is best for you and why.

Option #1 – charges 5% simple interest per year; this is a short-term loan for only 5-years.






Option #2 – charges 7% simple interest per year; this is a short-term loan for only 3-years.








Option #3 – charges 3.2% simple interest per year; there is no time limit on this loan (as a group determine how long you think it will take you to make enough money to be able to pay back the loan with interest)








Option #4 - charges 10% simple interest per year; only lasts 10 months






Option #5 - charges 12% simple interest per year; only lasts 6 months








Written Response

You will be meeting with your financial adviser in two days. Write out which loan option your group is choosing to use and why. You really want to impress her with how much thought you have put into this decision so be as detailed as possible.

Answers

Answer 1

what is this

Step-by-step explanation:

Option #1 – charges 5% simple interest per year; this is a short-term loan for only 5-years.

Option #2 – charges 7% simple interest per year; this is a short-term loan for only 3-years.

Option #3 – charges 3.2% simple interest per year; there is no time limit on this loan (as a group determine how long you think it will take you to make enough money to be able to pay back the loan with interest)

Option #4 - charges 10% simple interest per year; only lasts 10 months

Option what is this

Answer 2

Answer:

Its option one

Step-by-step explanation:

Because 135,000/5=27000 then x5=135,000


Related Questions

Type the correct answer in the box. Figure 1 is similar to figure 2. The height of the cone in figure 2 is centimeters.
On Plato!!!

Answers

The height of the cone in figure 2 is 4.5 centimeters.

Similar figure

Two figures are said to be similar if they have the same shape and the ratio of their corresponding sides are in the same proportion.

From the diagram, the two cone are similar. Let h represent the height of the cone in figure 2, hence:

h/3 = 12/8

h = 4.5 cm

The height of the cone in figure 2 is 4.5 centimeters.

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Answer:

4.5

Step-by-step explanation:

How many milligrams of medication are in 75 mL of a 2% solution?

Help

Answers

The answer is 23 I took the test

The number of red marbles in a jar is 3 times the number of blue marbles

There are 27 red marbles and b blue marbles. Write an equation to represent this situation. How many blue marbles are there?

Answers

Answer:

I think this is the answer

9 blue marbles

3x=27

The equation which represents the given scenerio is 3b=27 and the number of blue marbles are 9.

What is Equation?

Two or more expressions with an Equal sign is called as Equation.

Let b represents the number of blue marbles.

r represents number of red marbles in jar.

The number of red marbles in a jar is 3 times the number of blue marbles.

r=3b

There are 27 red marbles and b blue marbles.

27=3b

To find the number of blue marbles we have to solve the above equation.

Divide both sides by 3

27/3=3b/3

9=b

Hence, the equation which represents the given scenerio is 3b=27 and the number of blue marbles are 9.

To learn more on Equation:

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Simplify
Plsss hurry

Answers

Answer:

imma say the third one

Step-by-step explanation:

sorry if wrong

5x + y = 6
5x + 3y=-4
The y-coordinate of the solution to the system shown is
-5
01
1
2
0-1

Answers

Answer:

I think it’s -5

God bless you & have a beautiful rest of your day “and sorry if it didn’t help”.

a bucket was 2/5 filled with water. a farmer then fills the bucket with another 4/10 more water. what fraction of the bucket is now full?

Answers

Answer:

8/10

Step-by-step explanation:

50 POINTS!!!!!!! WILL GET BRAINLIEST IF CORRECT!!!!!

Answers

Answer:

43

Step-by-step explanation:

Bob's Trees are selling trees. You have decided to buy some holiday trees to
donate to local nursing homes. They are selling for $50 each. If you have a
total of $400.00 to spend, how many trees were you able to donate?

Answers

Your answer would be eight

3x - 2(6 - x) = 7x + 2(5 + x) - 6
What is the answer

Answers

Answer:

x= -4

Step-by-step explanation:

Answer: x = -4

Step-by-step explanation:

first, we remove the parentheses.

3x - 12 + 2x = 7x + 10 + 2x - 6

then, we cancel equal terms.

3x - 12 = 7x + 10 - 6

then, we calculate.

3x - 12 = 7x + 4

next, we move the terms.

3x - 7x = 4 + 12

then, we collect like terms and calculate.

-4x = 16

finally, we divide both sides.

x = -4

Is 15 ft 20 ft 24 ft a right triangle

Answers

Answer:

No

Step-by-step explanation:

If:

a=15

b=20 then

c (hypotenuse)=25

Answer:

No

Step-by-step explanation:

A right angle is always 90°

u add up all the sides, if it doesn't equal 90 then it's not a right triangle.

so 15 + 20 + 24 = 59 so this is not a right triangle.  

Quadrilaterals WXYZ and W"X"Y"Z"are similar. Identify the type of reflection

performed and the scale factor.

A)

To obtain quadrilateral W"X"Y"Z" quadrilateral WXYZ is reflected across

the x-axis and dilated with a scale factor of 3.

B) To obtain quadrilateral W'X'Y"Z" quadrilateral WXYZ is reflected across

the x-axis and dilated with a scale factor of 1/2

c) To obtain quadrilateral W'X'Y"Z" quadrilateral WXYZ is reflected across

the x-axis and dilated with a scale factor of 2.

D) To obtain quadrilateral W X Y Z" quadrilateral WXYZ is reflected across

the x-axis and dilated with a scale factor of 1/3.

Answers

Answer:

B) To obtain quadrilateral W'X'Y"Z" quadrilateral WXYZ is reflected across

the x-axis and dilated with a scale factor of 1/2

Step-by-step explanation:

Transformation is the movement of a point from its initial location to a new location. Types of transformation are reflection, rotation, translation and dilation.

If a point A(x, y) is reflected across the x axis the new point is at A'(x, -y)

Dilation is the enlargement or reduction in the size of a figure by a scale factor. If a point A(x, y) is dilated by a scale factor of k about the center of origin, the new point is at A'(kx, ky).

The vertex of Quadrilaterals WXYZ is at W(-6, 8), X(-2, 8), Y(-2, 2), Z(-6, 8) while the vertex of Quadrilaterals W"X"Y"Z" is at W"(-3, -4), X"(-2, -4), Y"(-1, -1), Z"(-3, -4)

If quadrilateral WXYZ is reflected across  the x-axis, the new coordinates would be at W'(-6, -), X'(-2, -8), Y'(-2, -2), Z'(-6, -8). If the quadrilateral is then dilated with a scale factor of 1/2, the new point is at W"(-3, -4), X"(-2, -4), Y"(-1, -1), Z"(-3, -4)

someone help me please
13x+7
9x+9

Answers

Answer:

x= 1/2

Step-by-step explanation:

13x+7 and 9x+9 with x inserted in both equal 13.5

(if the equation was 13x+7=9x+9)

13x+7=91 and 9x+9=81

10 ways to divide 96 into equal groups

Answers

Answer:

Step-by-step explanation:

48+48=96

32+32+32=96

24+24+24+24=96

12+12+12+12+12+12+12+12=96

6+6+6+6+6+6+6+6+6+6+6+6+6+6+6+6=96

I'm not going to write out the rest of the numbers. I'll multiply them.

4 x 24=96  (etc. 4+4+4....)

3 x 32=96  (etc. 3+3+3....)

2 x 48=96  (etc. 2+2+2....)

1 x 96=96   (etc. 1+1+1....)

I hope this is what you meant. If you liked, mark me Brainliest please.

The number 96 is divided into equal groups, then the number of 10 ways is shown below.

What is Algebra?

The analysis of mathematical representations is algebra, and the handling of those symbols is logic.

PEMDAS rule means the Parenthesis, Exponent, Multiplication, Division, Addition, and Subtraction. This rule is used to solve the equation in a proper and correct manner.

48 + 48 = 96

32 + 32 + 32 = 96

24 + 24 + 24 + 24 = 96

12 + 12 + 12 + 12 + 12 + 12 + 12 + 12 = 96

6 + 6 + 6 + 6 + 6 + 6 + 6 + 6 + 6 + 6 + 6 + 6 + 6 + 6 + 6 + 6 = 96

And the rest are written in the form of multiplication. Then we have

4 x 24 = 96  (etc. 4 + 4 + 4 ....)

3 x 32 = 96  (etc. 3 + 3 + 3 ....)

2 x 48 = 96  (etc. 2 + 2 + 2 ....)

1 x 96 = 96   (etc. 1 + 1 + 1 ....)

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what is the measure of jm?

Answers

Answer:

10

Step-by-step explanation:

mams buy 3 large sandwiches to serve at a picnic. 9 people come to the picnic. Show 3 different ways to cut the sandwich so that each person gets an equal share.

Answers

Cut each sandwich into thirds.

Hopefully, your friends aren't very hungry

i need help in this question can someone help me

Answers

A is the answer :))))))

Chase is making a cake for his daughter's birthday. The normal recipe calls for 8 ounces of butter and 16 ounces of sugar. Chase then decides to make a slightly smaller cake and only use 6 ounces of butter. How many ounces of sugar will he need in his smaller cake?

Answers

Answer:

A lot

Step-by-step explanation:

Why am I baking cakes. I SUCK.

There are 12 ounces of sugar will he need in his smaller cake.

What is Proportional?

Any relationship that is always in the same ratio and quantity which vary directly with each other is called the proportional.

Given that;

The normal recipe calls for 8 ounces of butter and 16 ounces of sugar.

Let the amount of sugar will he need in his smaller cake = x

So, By definition of proportion, we get;

⇒ Amount of Butter / Amount of Sugar

⇒ 8 / 16 = 6 / x

⇒ x = 6 × 16 / 8

⇒ x = 12 ounces

Learn more about the proportion visit:

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Maya painted 3/4 of her art project in the morning and 1/8 of her project in the evening which wich equation can my used to find how much of project she painted in all

Answers

Answer: The project is 7/8 painted.

Step-by-step explanation: Add 1/8 to 3/4 for the total.

Use the least common denominator, /8

3/4 is equivalent to 6/8.

6/8 + 1/8 = 7/8

Step-by-step explanation: To find how much of the wall Maya painted, we will add the two fractions. Let's do it step-by-step.

1. These fractions have unlike denominators, to make them alike, we have to find the LCD (Least Common Denominator).

3/4 = 6/8

1/8 = 1/8

Note: What you did to the bottom, you do to the top.

1a. I multiplied 2 by 3 and 4 to get 6/8.

1b. I multiplied 1 by 1 and 8 to get 1/8.

2. Since we have like denominators, we can add!

[tex]Solve:\frac{6}{8} +\frac{1}{8} = \frac{7}{8}[/tex]

Therefore, your answer is 7/8. The fraction don't need to be reduced to lowest terms.

The formula for the cost of buying a car is:
cost = 12 X monthly payment + deposit
a) Find the cost of a car when the monthly payment is £350 and
the deposit is £2000.

b) The cost of another car is £8000.
Find the monthly payment when the deposit is £2600.

Answers

Answer:

a) The cost of buying this car is of £6200.

b) The monthly payment is of £450.

Step-by-step explanation:

The cost of buying a car is given by:

cost = 12 X monthly payment + deposit

a) Find the cost of a car when the monthly payment is £350 and the deposit is £2000.

So

cost = 12*350 + 2000 = 4200 + 2000 = 6200

The cost of buying this car is of £6200.

b) The cost of another car is £8000. Find the monthly payment when the deposit is £2600.

Again, the formula is applied. So

cost = 12 X monthly payment + deposit

8000 = 12x + 2600

12x = 5400

x = 5400/12

x = 450

The monthly payment is of £450.

Courtney walks 5 laps around 1/4 mile track. how far does she walk?

Answers

Answer:

1 1/4 miles

Step-by-step explanation:

What is 83% as a decimal SHOW WORK IF U CAN HELP ASAP!!

Answers

0.83Answer:

Step-by-step explanation:

83% means 83 per 100 or 83/100 if you divide 83 by 100 you get 0.83

Answer:

.83

Step-by-step explanation:

to turn a percentage into a number you have to divide by 100, meaning you need to move the decimal point to the left 2 times so you get:

.83

hope this helps!!

Find the slope of the line through each pair of points.
1. (4,-16), (7,18)
2. (2,1), (-9, -3)
3. (-11,2), (15,5)
4. (5,6), (10, -12)

Answers

Answer:

1. 11 1/3

2. 4/11

3. 3/26

4. -18/5

Step-by-step explanation:

The equation 3x + 2 = 29 is modeled below.
Which is the first step in solving the equation for x?

Answers

Answer:

Subtract 2 from both sides.

Step-by-step explanation:

Remember to do the opposite of PEMDAS. PEMDAS is the order of operation, and stands for:

Parenthesis

Exponents (& Roots)

Multiplication

Division

Addition

Subtraction

> Also, note the equal sign, what you do to one side, you do to the other side of the equation.

First step is to subtract 2 from both sides of the equation:

3x + 2 (-2) = 29 (-2)

3x = 29 - 2

3x = 27

The second step is to divide 3 from both sides of the equation:

(3x)/3 = (27)/3

x = 27/3

x = 9

~

Answer:

The first step is subtracting the two on both sides.

Step-by-step explanation:

You arent exactly following PEMDAS in this equation, but you are still in a way. Before going on to x you need to go on to the numbers first. 3x would be equal to 27.

A market research firm studied the waiting time to order drinks during breakfast time at drive-thru in two coffee shop chains. For a sample of 30 locations of chain A, the sample standard deviation of waiting time was 21.2 seconds, and for a sample of 28 locations of chain B, the sample standard deviation was 31.4 seconds. Do these data suggest that the waiting time is more consistent in chain A

Answers

Answer:

Yes

Step-by-step explanation:

Given that :

CHAIN A:

Sample size n1 = 30

Sample standard deviation of waiting time s1 = 21.2

CHAIN B:

Sample size, n2 = 28

Sample standard deviation of waiting time s2 = 31.4

Null hypothesis H0: s1 = s2

Alternative hypothesis H1: s1 < s2

Test statistic ; Ftest : s1² / s2²

Ftest = 21.2^2 / 31.4^2

= 0.4558399

P value from F statistic : = 0.02 (using p value calculator)

Since the pval < 0.05

Then we reject the Null ; Chain A waiting time is more consistent

How many % cup servings are in % cup?

Answers

Answer:

I can't see all the answers

Factor out the greatest common factor

Answers

Answer:

C

A

B

D

Step-by-step explanation:

Need help, please and thank you!

Answers

9514 1404 393

Answer:

  y = -2·(1/2)^x

Step-by-step explanation:

The general form of the equation can be written as ...

  y = a·b^x

where 'a' is the value of the y-intercept, and 'b' is the ratio of y-values for x-values that differ by 1.

From your table and graph, a = -2. From the table, ...

  b = -1/-2 = 1/2

Then the exponential equation is ...

  y = -2·(1/2)^x

A rectangular park is 100 yards wide and 150 yards long.
Give the length and width of another rectangular park that has the same perimeter but a larger area.



Please help me

Answers

Answer:

ok

Step-by-step explanation:

What are the quotient and remainder of (x^5- 1) /(x-1)?

Answers

Answer:

A

Step-by-step explanation:

x^4+x^3... remainder: 0

Stephanie collected maple syrup from some of her trees. From the first set of trees, she collected 2 gallon of syrup. The second

1

and third set of trees yielded 3 gallons each.

Part A: How many gallons of syrup did she collect in all?

Part B: After using some of the syrup she collected for cooking, Stephanie found that she only had a gallons of syrup left. How

much syrup did she use for cooking?

Answers

Answer:

Part A - 8

Part B - 7

Step-by-step explanation:

Part A

She collected 8 gallons of syrup in total. Two gallons from first tree, three gallons from second tree and three gallons from third tree.

Part B

She used seven gallon of syrup for cooking.

She is left with one gallon syrup only out of total eight gallon syrup

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