Solve the problem.What is the meaning of "unearned" interest?

What will be an ideal response?


Unearned interest is the interest that a lending institution fails to collect when a borrower pays a fixed installment loan off early. From the perspective of the borrower, it is the interest saved by paying off the loan early.

Mathematics

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Solve by elimination.-2x - 4y = 3-4x - 8y = -6

A. No solution B. Infinite number of solutions C. (6, 12) D. (-6, -12)

Mathematics

Solve the problem.A store sells tents, sleeping bags, and camp stools. A customer buys a tent, 5 sleeping bags, and 5 camp stools for $255. The price of the tent is 8 times the cost of a camp stool. The cost of a sleeping bag is $15 more than the cost of a camp stool. Find the cost of each item.

A. $80 for a tent; $25 for a sleeping bag; $11 for a camp stool B. $80 for a tent; $30 for a sleeping bag; $15 for a camp stool C. $88 for a tent; $25 for a sleeping bag; $11 for a camp stool D. $80 for a tent; $25 for a sleeping bag; $10 for a camp stool

Mathematics

Solve the problem.Let f(x) compute the time in hours to travel x miles at 60 miles per hour. What is the interpretation of 

A. The hours taken to travel 8 miles B. The hours taken to travel 60 miles C. The miles traveled in 60 hours D. The miles traveled in 8 hours

Mathematics

Solve the inequality algebraically. Express the solution in interval notation. < 0

A. (-5, 6) B. (-?, -5) C. (6, ?) D. (-?, -5) ? (6, ?)

Mathematics