Answer:
y = 12x + 8y
Step-by-step explanation:
Answer:
The events A and B are independent
Step-by-step explanation:
The occurrence of disease X is not impacting the chances of occurrence of disease Y. Thus, these two events have no relation with each other.
The probability of getting both the disease X and disease Y when they both are considered as two independent events
Thus , it can be said that the events A and B are independent
Even though the principal would be paid off in just over 10 years, it costs the bank a lot of money to fund the loan. the rest of the loan is paid out in interest.
Given
It takes 30 years to pay off a $150,000 loan, even though you pay $1000 a month.
The loan amount is on monthly basis thus, they charge interest on a monthly basis, and thus as we repay a certain value of the loan and on the remaining value interest is charged which results in the higher values.
The amount of interest charged results in the higher cost of the loan amount and so it took more time to repay the loan than the actual time of the repay of the principal amount.
The amount you have to pay the bank is;
= $150000 + Interest
Hence, Even though the principal would be paid off in just over 10 years, it costs the bank a lot of money to fund the loan. the rest of the loan is paid out in interest.
To know more about Interest click the link given below.