Listed price = $1.4 million
Down payment = 20% of $1.4 million = 0.2 x 1,400,000 = 280,000
Amount left to pay = $1.4 million - 280,000 = $1,120,000
Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt) / r
where: PV = $1,120,000
r = 5% = 0.05
t = 12
n = 30 years.
1,120,000 = P(1 - (1 + 0.05/12)^-(12 x 30)) / 0.05
1,120,000 x 0.05 = P(1 - (1 + 1/240)^-360)
56,000 = P(1 - 0.2238)
P = 56,000 / 0.7761 = 72,148.83
Therefore, the monthly payment is $72,148.83
The way your problem is set it should be simplified to this....4x + 55
Answer:
15
Step-by-step explanation:
2 times 4 is 8 minus 2 equals 6- Nia's Score
2 times 6 is 12 plus 3 equals 15- Mark's Score
<h2><em><u>xoxo,</u></em></h2><h2><em><u>your highness...</u></em></h2>
Answer:
The answer to your question is below
Step-by-step explanation:
Domain of a function is the complete set of possible values of "x".
In a radical function, domain must be ≥ 0.
Exercise
f(x) = 
Then
x + 4 ≥ 0
x ≥ -4
Domain is x ≥ -4 or [-4 , ∞)
The result of adding the answer together is 1