Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at the end of the loan's eight-year life. At what amount could this loan be sold for to another bank if loans of similar quality carried an 10 percent interest rate? That is, what would be the present value of this loan?

Solve 3x-18=2y and 5x-6y=6 by elimination show work

Elena is paid a constant rate for each hour she works. the table shows the amounts of money that elena earned for various amounts of time that she worked.

Consider a bag that contains 220 coins of which 6 are rare indian pennies. for the given pair of events a and b, complete parts (a) and (b) below. a: when one of the 220 coins is randomly selected, it is one of the 6 indian pennies. b: when another one of the 220 coins is randomly selected (with replacement), it is also one of the 6 indian pennies. a. determine whether events a and b are independent or dependent. b. find p(a and b), the probability that events a and b both occur.