Answer:
$557.51
Step-by-step explanation:
A financial calculator tells you the payments are ...
on $80,000 at 4.75%: $417.32
on $20,000 at 7.525%: $140.19
Then the total monthly payment is ...
$417.32 +140.19 = $557.51
_____
You can use the amortization formula to find the payment (A) on principal P at interest rate r for t years to be ...
A = P(r/12)/(1 -(1+r/12)^(-12t))
I find it takes fewer keystrokes to enter the numbers into a financial calculator. Both give the same result.
Answer:
66.66
Step-by-step explanation:
So for this one all you really have to do is turn 2/3 into a precent which is pretty easy.
This fist step to this would just be dividing 2 and 3
2/3=0.66666666666666666666 (and on and on and on)
Now just move the decimal 2 times to the right
66.6666666666666666666666
And of course round it, and in this case to the hundreth place
66.66
Answer:
x = 3
Step-by-step explanation:
7(x + 4) - 7 = 48 - 2x ← distribute parenthesis and simplify left side
7x + 28 - 7 = 48 - 2x
7x + 21 = 48 - 2x ( add 2x to both sides )
9x + 21 = 48 ( subtract 21 from both sides )
9x = 27 ( divide both sides by 9 )
x = 3
Answer: 6
Step-by-step explanation:
