Larry is considering taking out a loan. He estimates that he can afford monthly payments of $265 for 10 years in order to support his loan. He finds that, with an APR of 5.5% compounded monthly, he can take a loan of $24,418.05.

Assuming that Larry's monthly payment and the length of the loan remain fixed, which of these statements is true about the size of the loan Larry could take if he received a different APR?

A. If the interest rate were 6.6%, the amount of the loan that Larry is considering taking out would be more than $24,418.05.
B. If the interest rate were 6.2%, the amount of the loan that Larry is considering taking out would be more than $24,418.05.
C. If the interest rate were 5.2%, the amount of the loan that Larry is considering taking out would be less than $24,418.05.
D. If the interest rate were 5.8%, the amount of the loan that Larry is considering taking out would be less than $24,418.05.

simplifying

5(x + -6) = 2(x + 3)

reorder the terms:

5(-6 + x) = 2(x + 3)

(-6 * 5 + x * 5) = 2(x + 3)

(-30 + 5x) = 2(x + 3)

reorder the terms:

-30 + 5x = 2(3 + x)

-30 + 5x = (3 * 2 + x * 2)

-30 + 5x = (6 + 2x)

solving

-30 + 5x = 6 + 2x

solving for variable 'x'.

move all terms containing x to the left, all other terms to the right.

add '-2x' to each side of the equation.

-30 + 5x + -2x = 6 + 2x + -2x

combine like terms: 5x + -2x = 3x

-30 + 3x = 6 + 2x + -2x

combine like terms: 2x + -2x = 0

-30 + 3x = 6 + 0

-30 + 3x = 6

add '30' to each side of the equation.

-30 + 30 + 3x = 6 + 30

combine like terms: -30 + 30 = 0

0 + 3x = 6 + 30

3x = 6 + 30

combine like terms: 6 + 30 = 36

3x = 36

divide each side by '3'.

x = 12

simplifying

x = 12

this should .

if you're trying to figure out how much each ounce cost it would be 0.20

cents each ounce

step-by-step explanation:

the answer is c

step-by-step explanation: i took a test with this question on it