Answer:
<h2><u>
15.12 is the discount</u></h2><h2><u>
68.88 is the sell price</u></h2>
Step-by-step explanation:
When you are taking off percentages from numbers, you first want to make the percent a number. This step is super simple. Just divide the 18 by 100
This gets you 0.18
Now multiply
84 * 0.18 = 15.12
So 15.12 is the discount
Then take 84 and subtract 15.12
84 - 15.12 = 68.88
So 68.88 is the sell price
Answer:
$1166.08 is the monthly payment for the mortgage per month.
Step-by-step explanation:
The meaning of this stated formula on the statement is the present annuity formula because we will have future monthly payments on the mortgage of the house in which they pay off the present value of the house which is $240000 x 80% = $ 192000 as this amount will excludes the down payment of 20% that is made.
We are given Pv the present value which excludes the down payment $192000.
We have the interest rate i which is 1.2%/12 as it is compounded monthly.
n is the number of payments made over a period which is 12 x 15 years= 180 payments as it is compounded monthly.
no we substitute the above mentioned information to the present value annuity formula stated to calculate R the monthly payment:
Pv = R[(1-(1+i)^-n)/i]
$192000 = R[(1-(1+(1.2%/12))^-180)/ (1.2%/12)] divide both sides by the coefficient of R
$192000/[(1-(1+(1.2%/12))^-180)/(1.2%/12)] = R
$1166.08 =R which this is the amount that will be paid for the mortgage every month for 15 years.
Answer:
C
Step-by-step explanation:
Two equations and workout the answer
Answer:
36? im pretty sure it's 36
