Molly is deciding between two loans.
Loan A $272,500 20-year fixed 6.45% 0 discount points M=$2023.67

Loan B $272,500 20-year fixed 6.125% 2 discount points M=$1971.98

Molly has calculated all of the associated fees as well as any other expenses. She has $5,500 available to purchase the points, and plans to stay in the house for half the length of the loan.

Which statement represents the best financial decision? (3 points)

Molly should purchase the discount points because doing so lowers her interest rate.

Molly should not purchase the discount points because she does not have enough available cash.

Molly should purchase the discount points because she will be in the house long enough to justify the purchase.

Molly should not purchase the discount points because she will not be in the house long enough to justify the purchase.

x > 1.3

step by step:

8.5−0.9x> 9.8−1.9x

step 1: simplify both sides of the inequality.

−0.9x+8.5> −1.9x+9.8

step 2: add 1.9x to both sides.

−0.9x+8.5+1.9x> −1.9x+9.8+1.9x

1x+8.5> 9.8

step 3: subtract 8.5 from both sides.

1x+8.5−8.5> 9.8−8.5

1x> 1.3

step 4: divide both sides by 1.

1x/1 > 1.3/1

step-by-step explanation:

what grade level is this? need to know so i can look in my old textbooks!

answer:

total cost for tiles and paints is $924.  

step-by-step explanation:

we have been given that a community hall is in the shape of a cuboid. the hall is 40m long 15m high and 3m wide.

the paint will be required for 4 walls and ceiling.

let us find area of walls and ceiling.

therefore, the area of walls and ceiling is 1410 square meters.

given: cost for 10 litre of paint is $10 and 10 litre paint covers 25 square meter. therefore,

therefore, the total painting cost is $564.

tiles will be required for floor. let us find the area of floor.

given: 1m squared floor tiles costs $3. so,

therefore, the total tiles cost is $360.

now let us find combined total cost of tiles and paint.

therefore, the combined total cost of tiles and paint is $924.