Ed wants to borrow $20,000 from a bank to open a small gym. Three banks charge different interest rates. To help decide the best loan option, Ed wants to know the percent profit he will make each month.

Part A
The cost to run the gym each month is $5,000. Find Ed’s total monthly expenses for each loan option.

Bank
Repayment Period
Average Monthly Sales
Monthly Loan Payment
Total Monthly Expenses
First
1 year
$7,500
$1,792
?
City
1 year
$7,500
$1,803
?
Star
1 year
$7,500
$1,817
?

The width of a rectangle is 20 units. can the perimeter p of the rectangle be 64 units when its length x is 11 units? no, because p = 2x + 2(20) no, because p ≠ 2x + 2(20) yes, because p ≠ 2x + 2(20) yes, because p = 2x + 2(20)

Barbara has a good credit history and is able to purchase a car with a low-interest car loan. she co-signs a car loan for her friend jen, who has poor credit history. then, jen defaults on the loan. who will be held legally responsible by the finance company and why? select the best answer from the choices provided. a. barbara will be held legally responsible because she has a good credit history. b. jen will be held legally responsible because she drives the car. c. barbara will be held legally responsible because she is the co-signer. d. jen will be held legally responsible because she has a poor credit history. the answer is a

21 a stick 7 inches long is broken into two pieces, so that one piece is twice as long as the other one. how long are the two pieces?