Answer:
6.2%
Step-by-step explanation:
Credit rating is an evaluation of the credit risk of a borrower, that how often a person is going to repay their debt, by credit rating it predicts the ability of the debtor to payback.
Mike has credit rating = 720
Tyler has credit rating = 560
Both are approved for loan. Mike's Credit score is higher, which means he is a much safer debtor as compared to Tyler. Mike will be able to pay back much easily than Tyler. Therefore Mike interest rate is 3.2%
Interest rate of Tyler is higher as he is not that trusted and has low Credit rating. Tyler is approved for a loan that charged 3 percentage points higher because of his inferior credit rating so it interest on the loan will be
Interest = 3.2%+3% = 6.2%
Answer:
go to a called math and way but without the space or the and
Step-by-step explanation:
Answer:
x < 2
Step-by-step explanation:
5x-25<-15
Add 25 to each side
5x-25+25<-15+25
5x < 10
Divide by 5
5x/5 < 10/5
x < 2
Open circle at 2 line to left
The circumference is ~43.98 miles.
F it rose 10% that means that it is now worth 110% of what it was a year ago. So set up an equation: 297 = 110% of x297 = 1.1 x270 = x So it was worth $270 a year ago.