By applying the formulas of present and future values of annuity we can solve this problem. In this mortgage problem, first we have to find loan amount after the down payment. It is 699,000 - 699,000 * 0.2 = 559,200$. We have to set it as PV (Present Value) of annuity. Using the PV formula , we first find A, which is an annual payment. Exact calculation with mortgage calculator gives us A = 33,866.56$. After finding it, plugging this number into FV (Future Value) formula , we find the value of the future value and it is 1,185,329.66$. And the total financial charge is 1,185,329.66 - 559,200 = 626,129.66$
Answer:
The sale price of the item is $
255
Step-by-step explanation:
To determine the amount of discount (
d
) offered by the store, we calculate
15
% of the sale price. Thus:
d = 300 × 15
÷ 100
d = 3
00 × 15 ÷ 1
00 (take the 2 zeros out on both the hundred and 3 hundred)
d = 3 × 15
d = 45
If the amount of discount is known, the sale price (
s
) of the item will be the regular price minus the discount. Hence:
s = 300 − 45
s = 255
Hope this helps you! If not sorry!
What are you trying to ask can you post a pic with the exact question?
Answer:
The GFC is 2
Step-by-step explanation:
A common denominatortor 9 and 12 is 3 and 6