Answer:
62.5%
Step-by-step explanation:
150/240=0.625
you do 0.625x100 to get the percent.
$187,500 is cost of house. 20%, or $37,500 is the down payment. The loan amount would be $187,500 - $37,500 = $150,000. If we assume the annual rate of the loan is 4.65% Then the monthly rate would be 4.65%/12 = 0.3875% If the loan is $150,000, the interest is 0.3875% The interst for the first month is $150,000 * 0.3875% = $581.25. You stated that their payment is $1,575. So the amount that pays off the loan is $1,575 - $581.25 = $993.75. At the end of the month, they owe $150,000 - $993.75 = $149,006.25 For the second month, the amount of the payment that goes towards intrest is $149,006.25 * 0.3875% = $577.40. and the amount that goes towards the loan is $997.60. At the end of the second month they owe $148,008.65. Regarding realized income, we recommend a monthly loan payment not to exceed 28% of the monthly income. So if a payment of $1,575 is 28% of Gross, then the math is : $1,575 = 0.28*Gross. Gross = $5,625 monthly. About $67,500 annually. About $33.75 an hour.
Answer:
(2,3)
Step-by-step Explanation:
2x - y = 1
-y = -2x + 1
y = 2x - 1
4x + y = 11
4x + 2x -1 = 11
6x = 12
x=2
y=2x-1
y=2(2)-1
y=3
Answer:
Step-by-step explanation: the answer is true
Answer:
C
Step-by-step explanation:
if ethan jogged 13/3 of a mile (i converted it to an improper fraction) and chloe jogged 1 1/4 as much, thats basically just saying the same as ethan so 13/3, with an additional 1/4 of the distance ethan ran. so it would be 13/3+ 13/12, which is equal to 52/12+13/12, which is 65/12 unsimplified and 5 5/12 simplified
