The equation of the line is y-2x+5=0 I believe. Good luck :)
The answer would be -11/20
P=1560000
APR=5.6%
monthly interest, i=5.6%/12=7/1500 [fractions keep exact values]
R=1+i=1+7/1500
# of periods, n=30 years = 360 periods
monthly payment, A
A=PR^n(i)/(R^n-1)
=1560000*(1+7/1500)^360*(7/1500)/((1+7/1500)^360-1)
=$8955.632
At the end of eight years,
number of periods, n1 = 8*12 = 96
If paid off at the end of 8 years, value of loan then
future value of principal
F1=PR^n1=1560000*(1+7/1500)^96=2439135.635
future value of payments
F2=A(R^n1-1)/i=8955.632*(1+7/1500)^96-1)/(7/1500)=1081485.620
Therefore the balloon payment
= future value of principal (owing) - future value of payments (paid)
=F1-F2
=2439135.635-1081485.620
=1357650.0152
Round to two places after decimal to get final answer.
Answer:
Symmetry of functions
A function is an even function if its graph is symmetric with respect to the yyy-axis.
Algebraically, fff is an even function if f(-x)=f(x)f(−x)=f(x)f, left parenthesis, minus, x, right parenthesis, equals, f, left parenthesis, x,
Step-by-step explanation:
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I believe this is how you would go about and solve this question.
