You want to buy a $135,000 home. You plan to pay 5% as a down payment, and take out a 30 year loan at
6.1% interest for the rest.

How much is the loan amount going to be?

What will your monthly payments be?

How much total interest do you pay?

Suppose you want to pay off the loan in 15 years rather than 30. What will your monthly payment be?

Answers

Answer 1

On solving the provided question, we can say that - so, percentage - 400/500 X 100 = 80%

What is percentage?

A percentage in mathematics is a figure or ratio that is stated as a fraction of 100. The abbreviations "pct.," "pct," and "pc" are also occasionally used. It is frequently denoted using the percent symbol "%," though. The amount of percentages has no dimensions. With a denominator of 100, percentages are basically fractions. To show that a number is a percentage, place a percent symbol (%) next to it. For instance, if you correctly answer 75 out of 100 questions on a test (75/100), you receive a 75%. To compute percentages, divide the amount by the total and multiply the result by 100. The percentage is calculated using the formula (value/total) x 100%.

here,

total is 500

obtained is 400

so, percentage - 400/500 X 100 = 80%

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Related Questions

Rewrite 12x4y3 − 48x3y4 using a common factor.

Answers

Pull out a 6x^3y^3. We would get,

6x^3y^3(2x-8y)

The second option is correct.

Answer: 12x^3 y^3 (x − 4y)

(GCF is: 12x^3 y^3)

Step-by-step explanation:

This is the best I can do, sorry that I don't have an explanation.

4) You are hired to work for a company at age 25 and the company has a retirement plan
where you can put up to 6% of your salary into the plan each month and they will match
that amount. Your starting monthly salary is $6,100, assume for simplicity sake you
never get a raise, and the retirement plan guarantees a 6.28% interest rate over the life of
the plan.
Scenario 1: You decide to start the retirement plan right away and you can afford
to put the full amount (6% of your salary) into the plan each month.
a) What is 6% of your salary? _______________
b) Since your company matches what you put into your retirement account, what is the
total amount put into your account each month?
_______________
c) How much money will you have in the retirement account when you reach full
retirement age, the time when you can start taking money out of the account, which is 62
years old? ________________
d) How much money did you put into the account? ________________
e) How much money did your employer put into your account? ________________
f) How much money did your account gain in interest over the years? _______________
Scenario 2: You decide to start the retirement plan right away, but you can only
afford to put 3% of your salary into the plan each month.
a) What is 3% of your salary? _______________
b) Since your company matches what you put into your retirement account, what is the
total amount put into your account each month?
_______________
c) How much money will you have in the retirement account when you reach full
retirement age, the time when you can start taking money out of the account, which is 62
years old? ________________
d) How much money did you put into the account? ________________
e) How much money did your employer put into your account? ________________
f) How much money did your account gain in interest over the years? _______________
What is the difference in the amount of money you will have at age 62 between scenarios
1 and 2? ________________
What is the difference in the amounts of money you put into retirement between
scenarios 1 and 2? _______________
How much more money did you get from your employer in scenario 1 than 2? ________

Answers

6% of the salary is $366

The total amount that would in the retirement account in the account each month is $732.

The amount that would be in the retirement account when you retire is $345,418.50.

The amount of money that you put in the account is $162,504.

The amount of money that the employer put in the account is $162,504.

The interest that was gained over the years is $20,410.50.

3% of the salary is $183.

The total amount that would in the retirement account in the account each month is $366.

The amount that would be in the retirement account when you retire is $172,709.25.

The amount of money that you put in the account is $81,252

The amount of money that the employer put in the account is $81,252

The interest that was gained over the years is $10,205.25.

How much would be in the retirement account?

6% of the salary = salary x percentage

6% of the salary = 6% x $6,100

6% of the salary = 0.06 x $6,100 = $366

The amount in your account at the end of the month = amount the company puts + amount you deposit

= $366 + $366 = $732

Amount that would be in your retirement account = (1 + interest rate) x amount in the account

Amount that would have been deposited in the account at retirement = number of years until retirement x number of months in a year x amount deposited each year

Amount in the account at retirement = $732 x 12 x (62 -25)

$732 x 12 x 37 = $325,008

Amount in the account at retirement = (1 + 0.0628) x $325,008 = $345,418.50

Amount the employer put in the account =  $325,008 \ 2 = $162,504

Interest earned = $345,418.50 - $325,008 = $20,410.50

3% of the salary = salary x percentage

3% of the salary = 3% x $6,100

3% of the salary = 0.03 x $6,100 = $183

The amount in your account at the end of the month = amount the company puts + amount you deposit

= $183 + $183 = $366

Amount that would be in your retirement account = (1 + interest rate) x amount in the account

Amount that would have been deposited in the account at retirement = number of years until retirement x number of months in a year x amount deposited each year

Amount in the account at retirement = $366 x 12 x (62 -25)

$366 x 12 x 37 = $162,504

Amount in the account at retirement = (1 + 0.0628) x $325,008 = $172,709.25

Amount the employer put in the account =  $162,504 \ 2 = $81,252

Interest earned = $172,709.25 - $162,504 = $10,205.25

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how long would it tak to go 75 miles if you can go 45 mph

Answers

Answer - 1 hour and 40 minutes

Step by step -

Time = distance
speed
= 75mi
45mph

=75
45
= 1 2
3
hours
= 1 hour 40 minutes
= 01:40:00 (hh:mm:ss)

A line passes through the points (-2, 9) and (1, 3).

Click “show your work” and provide work for calculating the slope and y-intercept. Then, write the equation for the line in slope-intercept form. Please write your answers on the lines provided in the whiteboard.

Answers

The equation of the line passing through the points (-2,9) and (1,3) is

y = -2x + 11 where the slope is -2 and the y-intercept is +11

What is the Equation of a Line?

The equation of a line can be formed with the help of the slope of the line and a point on the line. The slope of the line is the inclination of the line with the positive x-axis and is expressed as a numeric integer, fraction, or the tangent of the angle it makes with the positive x-axis. The point refers to a point in the coordinate system with the x coordinate and the y coordinate.

m = (y2 - y1) / (x2 - x1)

y1 = 9

y2 = 3

x1 = -2

x2 = 1

m = (3 - 9) / (1 - (-2))

m = - 6 / 3

m = - 2

The equation of the line;

m = (y - y1) / (x - x1)

-2 = y - 9 / x - 1

y - 9 = -2(x - 1)

y - 9 = -2x + 2

y = -2x + 11

Therefore the y-intercept is +11.

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When the angle of elevation to the sun is 49°, Naomi's shadow is 5 feet long. The
shadow of a nearby tree is 8 times as long as her shadow. How tall is the tree to the
nearest foot?

Answers

Answer:

46 feet

-------------------------------

The height h of the tree is opposite to 49° angle of a right triangle with the other leg:

5*8 = 40 feet long

Use tangent to find the value of h:

tangent = opposite/adjacenttan 49° = h/40h = 40*tan 49°h = 46 feet (rounded)

The height of the tree is 40 feet to the nearest foot.

How can the height of the tree be found?

It can be found using similar triangles.

Let's call the height of the tree "x".

Since the angle of elevation to the sun is 49°, we have two similar triangles:

Triangle 1: Sun - Naomi - Ground (illustration attached)

Triangle 2: Sun - Tree - Ground

The height of Naomi, 5 feet, is one of the corresponding sides in the two triangles, and the height of the tree, x feet, is the other. We know the ratio of their heights is 8:1, so:

x ÷ 5 = 8

Solving for x, we find that:

x = 40

So the height of the tree is 40 feet to the nearest foot.

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A machinist must cut 12 strips of metal that are each 3 ft 4 7/8 in. long. What is the total length needed in inches?

Answers

The total length needed in inches will be 490.5 inches.

How to calculate the fraction?

A fraction simply means a piece of a whole. In this situation, the number is represented as a quotient such that the numerator and denominator are split. In this situation, in a simple fraction, the numerator as well as the denominator are both integers.

Since the machinist must cut 12 strips of metal that are each 3 ft 4 7/8 in. long  The total length needed in inches will be:

= (3 ft 4 7/8 inch × 12)

Note that 1 feet = 12 inches

= (12 × 3) + (4 7/8) × 12

= (36 + 4.875) × 12

= 490.5 inches

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Prove that for any natural n: a the number 7^(n+4) −7^n is divisible by 30.

Answers

For, n = 0, 1 we proved that 7⁽ⁿ⁺⁴⁾ - 7ⁿ hence by induction it is divisible by 30 for all n ∈ N.

What is mathematical induction?

An inductive proof requires two cases. The first, or base case, establishes the proposition that n = 0 without requiring any prior knowledge of other situations. The second example, the induction step, demonstrates that if the assertion is true for any particular case where n = k, then it must also be true for the subsequent case when n = k + 1. These two actions prove that the statement is true for all n = 1 natural numbers. The base case establishes the truth of the statement for all natural numbers n N, but it does not always start with n = 0. Instead, it frequently starts with n = 1, and it may also start with any fixed natural number n = N.

Given, We have to prove 7⁽ⁿ⁺⁴⁾ - 7ⁿ is divisible by 30 for all n ∈ N.

Let, n = 0.

Therefore,

7⁴ - 7⁰.

= 2401 - 1.

= 2400.

= 30×80, Divisible by 30.

Similarly for n = 1 we have,

7⁵ - 7¹.

= 16807 - 7.

= 16800.

= 30×560.

Hence by induction, the cycle will continue.

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6+√-18 simplified for edmentum

Answers

Answer:

= 18√2

decimal =25.45584412

Solve for x. 6x−24=x−2

OPTIONS:

Enter answer in the box!

X = [?]

Answers

Answer:

point A

Step-by-step explanation:

1st Step. Add 24 to both sides
6x - 24 = X - 2

6x - 24 + 24 = X - 2 +24

2nd Step. Simplify

• Add the numbers
• Add the numbers
*6x = x + 22

3rd Step. Subtract X from both sides

6x = x + 22
6x - x = x + 22-x

Finally

X = 22/5

A local store is selling a tool for 35% off its normal price. If the tool costs $45, how much would you save by buying it on sale? A. $15.75, B. 18.25, C. 12.75, D. 16.50

Answers

the answer is $15.75

Fill in the blanks to write the solutions to the quadratic equation.Fill in the blanks to write the solutions to the quadratic equation.Fill in the blanks to write the solutions to the quadratic equation.Fill in the blanks to write the solutions to the quadratic equation.x^2+2x+10 = 0

Answers

The solution to the given quadratic equation is x = -1 + 3i OR x = -1 - 3i

Solving Quadratic equations

From the question, we are to solve the given quadratic equation

From the given information,

The quadratic equation is

x² + 2x + 10 = 0

Using the Quadratic formula,

x = [-b ± √(b² - 4ac)] / 2a

From the equation,

a = 1, b = 2, and c = 10

Then,

x = [-b ± √(b² - 4ac)] / 2a

x = [-(2) ± √((2)² - 4(1)(10))] / 2(1)

x = [-2 ± √(4 - 40)] / 2

x = [-2 ± √(-36)] / 2

x = [-2 ± -6i] / 2

x = -1 ± 3i

x = -1 + 3i OR x = -1 - 3i

Hence, the solution is x = -1 + 3i OR x = -1 - 3i

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PLEASE FAST WILL GIVE BRANILY
A 12-foot tall tent pole is secured to the ground using a piece of rope 15 feet long from the top of the tent pole to the ground. If the tent pole makes a 90-degree angle with the ground, determine the number of feet along the ground from the tent pole to the rope.

3 feet
9 feet
19 feet
81 feet

Answers

Answer:

3 feet

Step-by-step explanation:

To solve this problem, we can use the Pythagorean theorem. Let's call the distance from the tent pole to the rope x. We can set up the following equation:

x^2 + 12^2 = 15^2

Solving for x, we get:

x = sqrt(15^2 - 12^2)

x = sqrt(9)

x = 3

Therefore, the distance from the tent pole to the rope is 3 feet.

find the truth value Of 3+4= 12, then 3+2=6​

Answers

The truth value of "If 3 + 4 = 12, then 3 + 2 = 6", is true.

What is Truth Values?

Truth value is defined as whether the given proposition is either true or false, not both.

Here the proposition is of the form if p, then q.

Here p is the statement 3 + 4 = 12 and q is the statement 3 + 2 = 6.

Here, both of the propositions are false.

The truth value of 'if p, then q' is false only when p is true and q is false. In all other cases the truth value is true.

Here, since both of the statements are false, the truth value is true.

Hence the truth value of the given proposition is true.

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a parallelogram has sides that are in the ratio of 7:5 the premeter of the parallelogram is 48 how long does the longer side

Answers

Hello there!

Answer:

14

Step-by-step explanation:

Let the smaller side is x. Then the largest side is x * 7/5.

Perimeter is equal to 2 * (x + 7/5 * x) or 48.

2 * (x + 7/5 * x) = 48

5/5 * x + 7/5 * x = 24

12/5 * x = 24

12/5 * 5/12 * x = 24 * 5/12

x = 10.

Tha larger side is 10 * 7/5 = 14.

Step-by-step explanation:

Given ,

Ratio of the sides of a parallelogram are 7:5Perimeter of a parallelogram is 48

To Find : Which side is longer

We know the formula to find the perimeter of a parallelogram is,

[tex]P = 2(a+b)[/tex]

We take 'x' to find out which side is longer

[tex]48 = 2(7x+5x)\\48 = 2(12x)\\48 = 24x\\\frac{48}{24} = x[/tex]

[tex]2 = x[/tex]

Side a = 7x = 7 x 2 = 14

Side b = 5x = 5 x 2 = 10

Side a [tex]\geq[/tex] Side b

Hence,  side a is longer

I need an answer fast

Answers

Alright I got it.

So first what I did was I made an equation that match did the word problem.

The equation was 15x=250+10x

When I solved it the answer was 50.


so they would need to sell 50 Tshirts (x=50)

You buy 8.25 ounces of almonds and 7.5 ounces of cashews. You combine the nuts and divide them equally into 9 bags. How many ounces are in

Options are below
⬇️
1.75 ounces
9.5 ounces
15.5 ounces
17.5 ounces



PLS FOR 18 POINTS

Answers

The answer will be 1.75 ounces

6y2 + 3y - 1 4 for y = 1

Answers

The  value of the given polynomial equation would be: [tex]6(1)^2 + 3(1) - 1 = 6 + 3 - 1 = 8.[/tex]

Why use the vertex form?

In contrast to the vertex form of a quadratic equation, which is y = a (x h) 2 + k, the normal quadratic form is written as an x 2 + b x + c = y. The constant that indicates whether the parabola is facing up (+ a) or down ( a) is called a. It is represented in both forms by the letters y, x, and a.

In the equation we are given the value of y as: 1

[tex]6y2 + 3y - 1 4 \\\\6(1)^2 + 3(1) - 1 = 6 + 3 - 1 = 8.[/tex]

Therefore, we can say that the value of the given polynomial is: 8

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Complete question is: Find 6y2 + 3y - 1 4 for y = 1

A train traveled 250 mi in 2 hours. If it traveled at the same rate of speed how long would it take the train to travel 600 mi

Answers

4.8

Divide 250 by 2 which is 125 then do 600 divided by 125. Then your answer should be 4.8.

HELP ASAP PLS
Question 2 of 5
Select all the correct answers.
Which expressions are prime polynomials?

Answers

Answer: There is no picture

Step-by-step explanation:

an altitude is drawn from the vertex of an isosceles triangle forming a right angle and two congruent triangles. as a result, the altitude cuts the base into two equal segments. the length of the altitude is 30 inches, and the length of the base is 10 inches. find the triangles perimeter. round to the nearest tenth of an inch.

Answers

The perimeter of the isosceles triangle with altitude 30 inches and base 10 inches is calculated to be 70.82 inches

How to find the perimeter of the isosceles triangle

Perimeter of a triangle refers to the surface dimensions, this is calculated by the formula

Perimeter, P = a + b + c

where

a, b, c are sides of the triangle

The third side of the triangle will be calculated using Pythagoras theorem given by the  the formula

hypotenuse² = opposite² + adjacent²

The right triangle consist 1/2 the isosceles triangle base = 5 inches and the altitude = 30 inches

plugging the values as in the problem

let x be the required distance

x² = 30² + 5²

x² = 900 + 25

x² =  925

x = √925

x = 30.41 inches

Perimeter of the isosceles triangle

= 30.41 + 30.41 + 10

= 70.82 inches

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According to historical data, it is believed that 12% of American adults work more than one job. To investigate if this claim is still accurate, a random sample of 100 American adults is selected. It is discovered that 18 of them work more than one job. A researcher would like to know if the data provide convincing evidence that the true proportion of American adults who work more than one job differs from 12%. Are the conditions for inference met? Yes, the conditions for inference are met. No, the 10% condition is not met. No, the Large Counts Condition is not met. No, the randomness condition is not met.

Answers

Answer: The conditions for inference are met in this scenario.

In order to use inference to determine if the true proportion of American adults who work more than one job differs from 12%, the following conditions must be met:

The sample must be randomly selected from the population.

The sample size must be large enough (usually at least 30).

The sample must be representative of the population.

In this case, it is stated that a random sample of 100 American adults was selected, which meets the first condition.

The sample size of 100 is also large enough, which meets the second condition.

There is no information given about whether the sample is representative of the population, but this is not necessary for the conditions for inference to be met.

Therefore, the conditions for inference are met in this scenario.

Step-by-step explanation:

You are dealt one card from a​ 52-card deck. Find the probability that you are not dealt a jack or a ten

Answers

If you are dealt one card from a​ 52-card deck. The probability that you are not dealt a jack or a ten is 12/13.

How to find the probability?

Since there are 4 aces in a deck of card 52 first step is to find the number of cards  not aces in a deck of 52

Number of cards  not aces in a deck = 52 -4

Number of cards  not aces in a deck = 48

Now let find the probability that you won't draw an ace.

Probability = 48/52

Probability = 24/26

Probability = 12/13

Therefore we can conclude that the probability is 12/13.

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The value of a second-hand car is £8,000.

Each year it loses 20% of its value.

Work out the value of the car after 5 years.

Answers

The value of the car will be £2,621 after 5 years.

What is exponential decay?

Exponential decay describes the process of reducing an amount by a consistent percentage rate over a period of time.

Given that, The value of a second-hand car is £8,000. Each year it loses 20% of its value, we are asked to find its value after 5 years.

This is a situation of exponential decay.

Hence, using the exponential decay formula =

A = P(1-r)ⁿ

Where A is final value, P is principal value, r is rate of decrease and n is the number of years.

Here, we will find A, and we have,

P = £8,000.

r = 20% = 0.20

t = 5

Therefore,

A = 8000(1-0.20)⁵

A = 8000(0.80)⁵

A = 8000(0.32768)

A ≈ 2,621

Hence, the value of the car will be £2,621 after 5 years.

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What is the value of y in the equation y = 1/4 x divided by 2 when x =32

Answers

The value of y is 16 when x = 32 for equation y = (1/4)x divided by 2.

What is an equation?

Mathematical expressions with two algebraic expressions on either side of the equals (=) sign are called equations. It displays how the expressions on the left and right sides are equally related. We have LHS = RHS in any mathematical equation. Equations can be solved to get the value of an unknown variable that represents an unknown quantity. If there is no "equal to" symbol, a statement is not an equation.

The given equation is

y = 1/4 x divided by 2

So,

y = ((1/4)x)/ 2

y = (2/4) × x

Put x = 32

y = 2/4 ×32

y = 2 × 8

y = 16

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Keshia goes to the post office to mail a package and a few letters. Stamps cost 49 cents each. It will cost $7.65 to mail the package. Keshila has 10.00. a. Write an inequality to represent this situation, where x is the number of stamps.

Answers

The inequality to represent the number of stamps Keshia can buy with $10.00, considering that each stamp costs 49 cents, can be written as:

0.49x + 7.65 <= 10.00

Define Inequality.

An inequality in mathematics is a relation that compares two numbers or other mathematical expressions in an unequal way. The majority of the time, size comparisons between two numbers on the number line are made.

Define expression.

Mathematical expressions consist of at least two numbers or variables, at least one arithmetic operation, and a statement. It's possible to multiply, divide, add, or subtract with this mathematical operation. An expression's structure is as follows: Expression: (Math Operator, Number/Variable, Math Operator)

The inequality to represent the number of stamps Keshia can buy with $10.00, considering that each stamp costs 49 cents, can be written as:

0.49x + 7.65 <= 10.00

This inequality can be read as "the cost of x number of stamps plus the cost of the package is less than or equal to Keshia's budget of $10.00."

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One pair of base angles of an isosceles trapezoid each have a measure of 2(x–10)°. The other pair of base angles of the trapezoid each have a measure of (4x+8)°. What is the value of x?

Answers

Answer:

x = 32

Step-by-step explanation:

• any lower base angle is supplementary to any upper base angle.

here base angle = 2(x - 10) and upper base angle = 4x + 8

supplementary angles sum to 180°

sum the base and upper base angles and equate to 180

2(x - 10) + 4x + 8 = 180

2x - 20 + 4x + 8 = 180

6x - 12 = 180 ( add 12 to both sides )

6x = 192 ( divide both sides by 6 )

x = 32

Let L be the line through A = (1, 2,−1) and B = (5,−3, 4).
Answer the following questions below:
1. Find a direction vector of L
2. Find a parameterization of L.
3. Find the two points on L that are at distance 2 away from A.
4. Find a unit speed parameterization of L.

Answers

Answer:

(4, -5, 5)L = (1+4t, 2-5t, -1+5t)(1+4√66/33, 2-5√66/33, -1+5√66/33), (1-4√66/33, 2+5√66/33, -1-5√66/33)(1-2t√66/33, 2+5√66/66, -1-5√66/66)

Step-by-step explanation:

Given L is the line through A(1, 2, -1) and B(5, -3, 4), you want its direction vector, a parameterization of L, 2 points on L that are 2 units from A, and a unit speed parametrization of L.

1. Direction vector

A direction vector for L will be the vector AB.

  [tex]\overrightarrow{AB}=B-A=(5,-3,4)-(1,2,-1)\\\\\boxed{\overrightarrow{AB}=(4, -5,5)}[/tex]

2. Parameterized line

The parameterized equation will be ...

  [tex]L=A+t\cdot\overrightarrow{AB}\\\\\boxed{L=(1+4t,2-5t,-1+5t)}[/tex]

3. Distance 2

The direction vector has length √66, so we can find two points on L that are 2 units from A by using t = ±2/√66 in the parameterized equation.

Here, they are:

  P1 = L(2/√66) = (1 +8/√66, 2 -10/√66, -1 +10/√66)

  P2 = L(-2/√66) = (1 -8/√66, 2 +10/√66, -1 -10/√66)

In the Answer section above, these are written with rationalized denominators.

4. Unit speed

The unit speed parametrization uses the unit direction vector instead of the unnormalized direction vector in the parameterized equation. Effectively, t is scaled by a factor of 1/√66.

  L = (1 +4t/√66, 2 -5t/√66, -1 +5t/√66)

In the Answer section above, this is written with rationalized denominators.

You might notice here that it is easier to answer part 3 if you have this equation. You need only substitute t=±2 to get the points 2 units from A.

A group of friends went to lunch. The bill before sales tax and tip was $37.50. A sales tax of 8% was added. The group then tipped 18% on the amount after the sales tax was added. What was the amount, in dollars, of the sales tax?

What was the total amount the group paid, including tax and tip?

Answers

Sales Tax = $3.00

The total amount paid by the group was $48.15

The amount of the sales tax can be calculated by multiplying the pre-tax bill of $37.50 by the sales tax rate of 8%:

Sales tax = $37.50 * 8% = $3.00

The total amount paid including tax and tip can be calculated by adding the amount of the sales tax to the pre-tax bill and then calculating the tip on the new total:

Total = $37.50 + $3.00 + ($37.50 + $3.00) * 18% = $37.50 + $3.00 + $7.65 = $48.15

So the total amount paid by the group was $48.15.

i am number between 47 and 53 no two of my factors are the same number what number am i

Answers

A number between 47 and 53 such that the prime factors are not repeated is:

3*17 = 51

How to find the number?

Remember that any number can be written as a product of prime factors.

If we want to find a number between 47 and 53, such that there are no repeated factors, we just need to take different primes and multiply them.

For example:

2*3*5*7 = 210

There are no repeated factors, but the number is not in the desired range.

2*5*7 = 70

Still not in the range.

You can try some times until you get for example:

3*17 = 51

This a number in the desired range, such that their prime factors are not repeated.

Learn more about prime factors:

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(c) Ben changes £800 to Euros before he goes on holiday.
£1 = 1.25 Euro
He spends 895 Euros.
He changes the Euros that he has left to Pounds (£).
The exchange rate is now £1 = 1.40 Euro
How many Pounds does he get back?

Answers

Amount of pounds that Ben get back is £75.

What is Exchange Rate?

Exchange rate is defined as the value of a currency with respect to another currency in order to convert the currency.

Ben changes £800 to Euros before he goes on holiday.

Before holiday, exchange rate is, £1 = 1.25 Euro

£800 = 800 × 1.25 Euros = 1000 Euros

He spends 895 Euros.

Euros left = 1000 - 895 = 105 Euros

Now, the exchange rate is £1 = 1.40 Euro.

or 1.40 Euro = £1

⇒ 1 Euro = £ 1/1.40

⇒ 105 Euros = £ (1/1.40) × 105 = £75

Hence Ben got £75 of pounds back.

To learn more about Exchange Rate, click :

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