Answer:
Yes, you are correct
Step-by-step explanation:
The monthly payment for purchasing the home will be $457.85.
<h3>What is a monthly payment?</h3>
The term loan refers to a sort of credit vehicle in which a sum of money is lent to another party in exchange for the value or principal amount being repaid in the future.
Then the formula of monthly payment (MP) will be

In order to purchase a home, a family borrows $110,000 at 2.9% for 30 years.
We have
P = $110,000
r = 0.029 / 12 = 0.0024
n = 30 × 12 = 360
Then the monthly payment will be

On further solving, we have
MP = 110000 × 0.0024 × 1.723
MP = $ 457.85
More about the monthly payment link is given below.
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Answer: He is more likely to win more money than lose money, but he has a equal chance of winning/losing.
The answer is number B
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Answer: 4583.33$
Explanation:
55000 / 12
I hope this helped!
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Answer:
8 pizzas and 32 drinks
Step-by-step explanation:
12 times 8 equals 96
0.50 times 32 equals 16
96 plus 16 equals 112