Answer:
The amount of the loan is $120,000 -10% + 2% = $110,400, assuming the "points" are added to the financed amount.
I find that the monthly payment will be
$848.89. There will be 360 such payments over 30 years, for a total payment amount of $30The amount of the loan is $120,000 -10% + 2% = $110,400, assuming the "points" are added to the financed amount.
R = Pi/[1 - (1+i)^(-n)] where
P = 110,400
R = the monthly payment
i = 8.5/[100(12)] = .007083...
n = 30(12) = 360 yielding
R = $848.88 per month.
Therefore, the total interest paid is 360(848.88) - 100,400.
5,600. Subtract the original principle (110,400) from that to get the interest paid.
hopes this helps :]
The answer to this question is:
D. The y intercept is 52, and if Jordan does not use any gigabytes of data then his charge is $52
It’s in the y = mx + b form
The 52 is in the b area, which stands for the y intercept while the number with a variable is the rate.
Answer: No, because an identity is an equation that is always true and cos(theta) - sin(theta) does not always equal 1.
Hope this helped! :)
Answer:
In mathematics, an inverse function (or anti-function) is a function that "reverses" another function: if the function f applied to an input x gives a result of y, then applying its inverse function g to y gives the result x, and vice versa, i.e., f(x) = y if and only if g(y) = x.
Step-by-step explanation:
