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

I will give the BRAINIEST

Simplify. Write your answer in standard form.

(4x^3+6x-7)+(3x^3-5x^2-5x+9)



Answers

Answer:

Step-by-step explanation:

Combine like terms.Like terms have same variable with same exponent

4x³ + 6x - 7 + 3x³ - 5x² - 5x + 9 = 4x³ + 3x³ - 5x² + 6x - 5x  - 7 + 9

                                                  = 7x³ -5x² + x + 2

Help
Subtract 2/9 - 2/15 fractions in Lowest terms

Answers

the answer is 6/45 i think

PLZ help this is the last question

Answers

Answer: D

Step-by-step explanation: I just know if not D its c

John has two different sugar syrups. Syrup A is 2 parts of sugar and 8 parts of water, and Syrup B is 3 parts of sugar and 5 parts of water. How much of each should john mix together to get 280 quarts of syrup that is 3 parts sugar and 7 parts water.

Answers

Answer:

Volume of syrup A = 120 quarts

Volume of syrup B = 280 - 120 = 160 quarts .

Step-by-step explanation:

Syrup A : 2 parts sugar , 8 parts of water .

Total = 10 parts

Syrup B : 3 parts sugar , 5 parts of water .

Total = 8 parts .

Mixture required 280 quarts , 3 parts sugar , 7 parts water

In 280 quarts , sugar = 280 x 3  / ( 3 + 7 )

sugar = 84 parts

Let volume of syrup A be x , volume of syrup B = 280 - x

sugar A =  2 x / 10 = 0.2 x

sugar B = 3 ( 280 - x ) / 8 = .375 ( 280 - x )

Total sugar =  .2 x + .375 ( 280 - x ) = 84 .

.2 x + 105 - .375 x = 84

105 - 84 = .375 x - .2 x = .175 x

.175 x = 21

x = 21 / .175 = 120

Volume of syrup A = 120 quarts

Volume of syrup B = 280 - 120 = 160 quarts .

John mixes 120 quarts of syrup A and 160 quarts of syrup of B together to get 280 quarts of syrup that is 3 parts sugar and 7 parts water.

Given that,

John has two different sugar syrups.

Syrup A is 2 parts of sugar and 8 parts of water, and Syrup B is 3 parts of sugar and 5 parts of water.

We have to determine,

How much of each should john mix together to get 280 quarts of syrup that is 3 parts sugar and 7 parts water.

According to the question,

Syrup A: 2 parts sugar, 8 parts of water.

Total number of parts = 10 parts

Syrup B : 3 parts sugar, 5 parts of water.

The total number of parts  = 8 parts.

The mixture required 280 quarts, 3 parts sugar, 7 parts water,

In 280 quarts, parts of sugar are,

[tex]= \dfrac{280 \times 3 }{ ( 3 + 7 )}\\\\= \dfrac{280 \times 3}{10}\\\\= 84[/tex]

 

Let the volume of syrup A be x,

And the volume of syrup B be 280 - x

[tex]Sugar\ A = \dfrac{2x}{10} \\\\Sugar \ A = 0.2 x[/tex]

[tex]Sugar \ B = \dfrac{3 ( 280 - x ) }{8 }\\\\Sugar \ B= .375 ( 280 - x )[/tex]

The total amount of sugar is,

[tex]0.2 x + 0.375 ( 280 - x ) = 84 \\\\0.2 x + 105 -0 .375 x = 84\\\\105 - 84 = 0.375 x - 0.2 x = 0.175 x\\\\ 0.175 x = 21\\\\x = \dfrac{21}{0.175}\\\\x = 120[/tex]

Therefore,

The volume of syrup A = 120 quarts

Volume of syrup B = 280 - 120 = 160 quarts

Hence, John mixes 120 quarts of syrup A and 160 quarts of syrup of B together to get 280 quarts of syrup that is 3 parts sugar and 7 parts water.

For more details, refer to the link.

https://brainly.com/question/11921451

A class is collecting data on the number of pets each student has. The class is divided into 4 groups. Which table shows the group of students with the greatest mean number of pets?

Answers

Can you at least add the picture?

2k-12-2=-4 i need help I'm in class rn

Answers

Answer:

k=5

Step-by-step explanation:


Sam earned $154 washing 7 cars. He earned the same amount for washing each car
Select all the equations that show reasonable estimates for the amount Sam eamed washing each car
A $140 = 7 = $20
B. $190 = 9 = $10
C. $160 = 8=320
D. $150 = 5= $10
E $150 = 3= $50

Answers

Answer:

the answer is A cause you divide 7 by 140 and the answer is 22 so 20 is the closest

Explain the power of products property and give an example.

Answers

Answer:

(ab)^n = a

Step-by-step explanation:

It basically says to take the entire equation in the parentheses and multiply by the exponent, sorry for the horrible handwriting

Write fractions in order 5/8 2/3 3/8

Answers

Answer:

3/8, 5/8, 2/3

3/8 5/8 2/3 that’s is them in smallest to greatest

Julie’s family took a 4-day trip. Julie’s mother wrote an equation to calculate their gas mileage, m, in miles per gallon. Let d = the number of total miles driven on the trip. Let g = the total number of gallons of gas used for the trip.


=



What was the gas mileage for the 4-day trip?

Answers

Answer:

[tex]m = 26[/tex]

Step-by-step explanation:

Given

See attachment for missing details

Required

Determine the gas mileage for the trip

First, we calculate the miles driven

[tex]Miles = 476 + 439 + 382 + 263[/tex]

[tex]Miles = 1560[/tex] --- d

Next, we calculate the amount of gas used

[tex]Gas = 15.0 + 13.5 + 15.4 + 16.1[/tex]

[tex]Gas = 60.0[/tex] ---- g

The gas mileage is then calculated as:

[tex]m = \frac{d}{g}[/tex]

[tex]m = \frac{1560}{60}[/tex]

[tex]m = 26[/tex]

Hence, the gas mileage is 26 miles per gallon

A pet store has 9 dogs, 6 cats, 8 gerbils, and 7 parrots. A pet is chosen at random. What is the probability of choosing a cat or dog?

Answers

Answer:

15/30 = 1/2 or 50%

Step-by-step explanation:

Since there are 9 dogs and 6 cats, if you add them you get 15

15 will me your numerator

To get the denominator add all of the animals. So 9 + 6 + 8 + 7

You will get 30

Subtract the complex numbers.

(5 + 4i) - (7 + 8i)

Answers

Answer:

Step-by-step explanation:

5 + 4i - 7 - 8i

-2 - 4i

Moira borrowed $4,500 from her grandfather to pay for her first year of college. Three years later, she repaid the $4,500 along with an interest of $243. What was the annual interest rate? Round your answer to one decimal place.

Answers

9514 1404 393

Answer:

  1.8%

Step-by-step explanation:

The effective rate can be found using the simple interest formula.

  I = Prt . . . interest of principal P at annual rate r for t years

  r = I/(Pt) . . . . solve for r

Using the given numbers, we have ...

  r = 243/(4500·3) = 0.018 = 1.8%

The annual interest rate was 1.8%.

An equation is shown.

1/12(14.4+18)+2.75.
Part A
Rakim starts to evaluate the expression.
Step 1: 1.2 + 18+ 2.75.
The expression Rakim wrote for step 1 is incorrect. Explain how to correct the error in step one.

Enter your explination in the box provided

Answers

Answer:

Step 1 should be (14.4+18)...PEMDAS

Step-by-step explanation:

The expression Rakim wrote for step 1 is incorrect therefore the correct solution will give 5.45.

What is an equation?

An equation is an expression that shows the relationship between two or more numbers and variables.

We are given an expression as;

1/12(14.4+18)+2.75.

Part A;

Rakim starts to evaluate the expression.

Step 1: first solve the bracket;

1/12(14.4+18)+2.75.

1/12(32.4) + 2.75.

2.7+ 2.75.

= 5.45

The expression Rakim wrote for step 1 is incorrect therefore the correct solution will give 5.45.

Learn more about equations here;

https://brainly.com/question/25180086

#SPJ2

2/4 < ?/6
I dont get it.

Answers

Answer:

4

Step-by-step explanation:

This is wanting you to put a numerator that will make this fraction bigger then 2/4.

2/4 is greater then 1/6, so that won't work

2/4 is greater then 2/6, so that won't work either

2/4 is equal to 3/6 because they reduce to 1/2, so it won't work

2/4 is less then 4/6, this will work

any number bigger then 3 can be put in the ? spot

Last year the girls basketball team had 12 fifth grade students and 3 sixth grade students what is the ratio of sixth grade students to total students on the team

(Include a answer in paper)

Answers

Answer:4:1

Step-by-step explanation: you have to find the unit rate ( how much for 1) so you set 3 to equal 1 and to do that you divide by three so you do that to the 12 also

The answer for your question will be...3:12

Find x to the nearest tenth.

Answers

Hello ma’am where is full question

Josh made $253 for 11 hours of work. At the same rate, how many hours would he have to work to make $299

Answers

Answer:

The answer is 13.

Step-by-step explanation:

Divide 253 by 11. This gives you the total he makes within an hour, which is 23. Next add 253 and 23 together. This gives you 276. Add 23 again and you get 299. Since you added 23 together twice, that's two extra hour of work. Finally, add 11 and 2 and you get 13.

Which of the following units are most commonly used in the United States? Check all that apply

A. Ounces

B. Meters

C. Kilograms

D. Feet

Answers

a,b, and d *i think because the rest of the world uses kilograms*

1. What is the 15th partial sum of the geometric sequence (262,144; 32,768; 4,096; 512; ...)? Round to the nearest whole number, if needed.

Answers

Answer:

[tex]S_{15} = 299593[/tex]

Step-by-step explanation:

Given

[tex]262144,\ 32768,\ 4096,\ 512; ...[/tex]

Required

Determine the 15th partial sum

The nth partial sum of a geometric series is:

[tex]S_n = a* \frac{1 - r^n}{1 - r}[/tex]

In this case:

[tex]a = 262144[/tex]

[tex]n = 15[/tex]

r is calculated as:

[tex]r = \frac{32768}{262144}[/tex]

[tex]r = 0.125[/tex]

Substitute values for a, r and n in [tex]S_n = a* \frac{1 - r^n}{1 - r}[/tex]

[tex]S_{15} = 262144* \frac{1 - 0.125^{15}}{1 - 0.125}[/tex]

[tex]S_{15} = 262144* \frac{1}{0.875}[/tex]

[tex]S_{15} = \frac{262144* 1}{0.875}[/tex]

[tex]S_{15} = \frac{262144}{0.875}[/tex]

[tex]S_{15} = 299593.142857[/tex]

[tex]S_{15} = 299593[/tex] -- approximated

Solve for r.
5r - -17r - 4r + -9 = 9

Answers

15 + 17r - 4r - 9 = 9
6 + 13r = 9
13r = -3
r = -3/13
:)

Answer:

r=1

Step-by-step explanation:

Step 1: Simplify both sides of the equation.

5r−−17r−4r−9=9

5r+17r+−4r+−9=9

(5r+17r+−4r)+(−9)=9(Combine Like Terms)

18r+−9=9

18r−9=9

Step 2: Add 9 to both sides.

18r−9+9=9+9

18r=18

Step 3: Divide both sides by 18.

18r/18 = 18/18

r=1

Studies suggest that people with a high sense of humor tolerate negative events better than people with low sense of humor. Let x represent the intensity of a negative life event. To find the depression level for people

Answers

Answer:

explain

Step-by-step explanation:

javier is shopping for school supplies . he is buying 3 of the same notebooks and 2 pens that cost $1.75 each. His total, before tax, is $12.47. which equation below could be used to determine the cost of each notebook.

A. 3(1.75)+2x=12.47

B.3x+2(1.75)=12.47

C. 3(12.47)+2(1.75)+x

D. 3(1.75)+2(12.47)=x

PLEASE HELP

Answers

Answer:

3notebooks

2pens

the pens are 1.75 each

total is 12.47

i wouldnt use any of these

12.47-(2x1.75)=? then divide that by three and you get each notebook

but

c...

How much water does Ms. Maryna need to add to 60g of sugar to make a syrup that is 20% concentrated?

Answers

Answer:240

Step-by-step explanation:You get 240 because 60X4 is 240. to get the 4, you need to use 100-20, then therer would be 80. 80 divided by 20 is 4, which is the amount of water.

Ms. Maryna needed 240g water to add to 60g of sugar to make a syrup that is 20% concentrated

Given that,

Ms. Maryna need to add to 60g of sugar to make a syrup that is 20% concentrated.

We have to determine,

How much water does she need.

According to the question,

Ms. Maryna need to add to 60g of sugar to make a syrup that is 20% concentrated.

If  Maryna need 20% sugar by mass,

Then,

[tex]= \dfrac{20}{100} = \dfrac{1}{5}[/tex]

It is 1/5 of the total mass is sugar,

And ,

Total water needed is,

[tex]= 1-\dfrac{1}{5} \\\\=\dfrac{5-1}{5}\\\\= \dfrac{4}{5}[/tex]

It needed 4\5 times of water.

Then,

Maryna needed times as much water as sugar,

[tex]= \dfrac{4}{5} \times \dfrac{5}{1}\\\\= 4 \ times[/tex]

Maryna needed 4 times as much water as sugar.

Maryna need water to add in syrup = 4 × 60g = 240g.

Hence, Maryna needed 240g of water to add to make a syrup.

To know more about Multiplication click the link given below.

https://brainly.com/question/11921451

 

Which of these situations would follow the general rule for basis of inherited property?

Louis died on August 12, 2019, leaving his house to his sister, Etty.

On August 15, 2018, Leroy gave his brother Ralph appreciated stock. Leroy's brother Ralph died on February 16, 2019. Ralph's only heir was Leroy.

Mick died on June 30, 2019. He named his brother Emmett as the beneficiary of his 401(k) plan.

Janet died on January 1, 2019. At that time, she had an IRA with a balance of $32,640. She named her daughter, Emily, as the beneficiary of her IRA.

Answers

Amon the following situation 2 cases follow the general rule for basis of inherited property

Given , Statements of inheritance.

1. Louis died on August 12. 2019 leaving his house to his sister, Etty.

This is a case of inheritance of property as it justifies conditions of the definition of Inheritance of Property i.e Louis died and as a consequence his property is transferred to his sister which is her relative as per law. So, this is a valid case of inheritance. Even a person can transfer his property to some unrelated person, if he so mentions in his will.

2. On August 15, 2018, Leroy give his brother Ralph appreciated stock. Leroy's brother died on February 16, 2019, Ralph's only heir was Leroy.

In this case, transfer of stock from Leroy to Ralph is outside the definition of inheritance, since Leroy was not died at that time. On second instance, when stock was transferred to Leroy after Ralph death in February 2019. It is a case of inheritance but it is the case of inheritance of stock, not inheritance of property. Stock of a company is not considered a property.

3.Mick died on June 30, 2019. He named his brother Emmett as the beneficiary of his 401(k) plan.

A 401(k) plan is a retirement savings account that allows an employee to divert a portion of his or her salary into long-term investments. The employer may match the employee's contribution up to a limit.

This is also a case of inheritance but not the case of inheritence of property. Retirement Savings account is not considered as property.

4.Janet died January 1, 2019. At that time, she had a IRA with balance of $32640. She named her daughter, Emily, as the beneficiary of her IRA.

This is also a case of inheritance but not the case of inheritence of property. IRA (Individual Retirement Account) is not considered as property.

Know more about inheritance of property,

https://brainly.com/question/29375949

#SPJ4

1. Look at the table.
Х
у
2
0.4
4.
0.8
7
1.4
9
1.8
11 2.2
What is the constant of proportionality?
A. 1.6
B. 5
C. 0.2
D. 2

Answers

Answer:

D

Step-by-step explanation:

On the X side they add 2 every time to reach the next number needed. For example if it was to keep going the nect x would be 13

Help me guys, Due now please

Answers

Answer:

about 8.3 miles an hour.

Step-by-step explanation:

34/4 is 8.5

90/11 is 8.2

average: 8.3

What is equal to 3.6 x 0.005

Answers

Answer:

0.018

Step-by-step explanation:

basta yan ang sagot

Answer: 0.018

Step-by-step explanation: insta: camryn_boeling

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!!

Determine whether or not x = 2 would make the following functions equal. Show your work.
y = 2x + 1 and
y = 4x – 3

Answers

Answer:

Yes.

Step-by-step explanation:

Substituting x = 2 into y = 2x + 1,

y = 5

Substituting x = 2 into y = 4x - 3

y = 5

Answer:
Yes

Explanation:
5 = 2(2) + 1
5 = 4(2) - 3
Other Questions
What directional guide does the image give?A.Gira a la izquierda.B. Dobla a la derecha.C. Sigue derecho.D. Ve recto. A very loud sound has a high _____.resting pointamplitudewavelengthbass Two accountants for the firm of Elwes and Wright are arguing about the merits of presenting an income statement in a multiple-step versus a single-step format. The discussion involves the following 2020 information related to Blossom Company ($000 omitted). Administrative expense Officers' salaries $5,488 Depreciation of office furniture and equipment 4,548 Cost of goods sold 61,158 Rent revenue 17,818 Selling expense Delivery expense 3,278 Sales commissions 8,568 Depreciation of sales equipment 7,068 Sales revenue 97,088 Income tax 9,658 Interest expense 2,448Required:a. Prepare income statement for the year 2014 using the mutiple-step form. Common shares outstanding for 2014 total 40,550 (000 omitted).b. Prepare an income statement for the year 2014 using the single-step form. 3. What were the long-term causes of the civil war? (causes of conflict between Charlesand parliament)4. What were the short-term causes of the Civil war? Lincoln led the country during the Civil War to save the union and .reconstruct the Southbuild the transcontinental railroadgive voting rights to all citizensend slavery Can 10, 11, 2 be measures of the sides of a triangle I will give you 15 pints pls answer Round to the nearest tenth if necessary.Find the distance between the two points.(9, 12), (2, 7)14620.212.116 Solve the equation3/5G - 1/3= -10/3G= plss help . i have no idea A small pump can drain a pool in 9 hours. A large pump could drain the same pool in 3 hours. How long (to the nearest minute) will it take to drain the pool if both pumps are used simultaneously? Which expression is equivalent to 4x - (3x2 + x) + 5 - (2x2 + 1)? provide (someone) with a motive for doing something. Classify this triangle by its sides? rewrite the sentence correct the action word in bold so it is in the right tense to match the rest of the sentence What was one similarity between Martin Luther and Henry VIII?both protested against the ideas of the EnlightenmentBboth argued against the establishment of a theocratic stateboth challenged the teachings of the Catholic ChurchDboth died during the Reign of Terror Hey guys I'm just gonna give a random question so yall can have points!1 + 1 x 4 + 3 - 1 + 20 - 20 = 1. A brick and a peanut are dropped of the roof of a house at the same time, whichobject hits the ground first? (Ignore air resistance). what is the value of the y coordinate of point A Kilt Company used a predetermined overhead rate of $41 per direct labor hour for the year and estimated that direct labor hours would total 6,100 hours. Assume the only inventory balance is an ending Work in Process balance of $17,700. How much overhead was applied during the year