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 answer is 447 because you got to add 35 plus 410
Answer:
Step-by-step explanation:
Triangle:
Base = 4 units
Height = 3 units {perpendicular height}

= 6 square units
Rectangle:
To find the area count the number of squares. Number of square = 6
Area = 6 square units
or You can find the area of the rectangle as bellow also
Length = 3 units
Width = 2 units
Area = length*width
= 3*2
= 6 square units
Both the triangle and rectangles has the same area 6 square units
$54.29
This is because 5% of $51.70 is $2.59. The sum of the tax and bill would become $54.29.