Answer:
504 I think
Step-by-step explanation:
48,462 divided by 96
KEYWORD: Each, each always means division
Answer:
the answer is 14,400
Step-by-step explanation:
Answer: Kriz should pay $50,100 at the end of the term.
Step-by-step explanation:
If the interest is compunded quarterly, then the accumulated amount after t years will be:
, where P= principal value , r = rate of interest .
Given: P= 50,000 , r= 5% = 0.05, t= 4 years
Then,
Hence, Kriz should pay $50,100 at the end of the term.
The best answer is "The buyer paid over 20% of the sales price of the home as a down payment." This indicates that not only is the buyer paying above the minimum down payment, which means he/she has more cash than the minimum needed to purchase the home, but also that the monthly payments, interest, and total loan will be lower. All of this indicates a less risky prospective borrower.
