Answer:
Steps below:)
Step-by-step explanation:
1. Find the mortgage amount.
2. Choose a interest rate on your mortgage.
3. Choose a mortgage term that is the median for your financial needs.
4. Calculate the monthly principal and interest payment using a financial calculator, a spreadsheet program such as Excel or an online mortgage calculator.
5. Determine the monthly amount you will pay into escrow each for payment of your property taxes.
4/5 of the original amount at the start of the month will remain. The amount at the start of every month will change. Thus:
an = 4/5 (an-1) ; where a1 = 500.
Answer:
A bank normally is the organization which lends money
Step-by-step explanation:
Answer: You would need 5 men to paint a room in 3 hours
YWW :)
Morgan should first take the 40% off then apply the $15 coupon
Lets say her total was $150.
If you take the 40% off first, you get $90
150 * .6 = 90 (since you are taking off 40% you are still paying the rest of the 60% so you can just save extra steps by multiplying by .6 and not .4)
Now you subtract 15 from that value.
90 - 15 = 75 If Morgan takes the 40% off first and then applies the $15 dollar coupon, she has to pay $75.
If she applies the $15 coupon first, her total before the 40% is $135
150 - 15 = 135
The total will come out to be $81
$135 * .6 = 81
If Morgan takes the discount first before applying the coupon she has to pay less and saves the most money.
