Answer:
$711.23
Step-by-step explanation:
We assume the entire closing cost went to reducing the principal of the loan. Then the amount borrowed was $147,192.
<h3>Monthly payment</h3>
The amortization formula tells you the monthly payment.
A = P(r/12)/(1 -(1 +r/12)^(-12t))
P is the principal, r is the annual rate, and t is the number of years.
The monthly payment is ...
A = $147,192(0.041/12)/(1 -(1 +0.041/12)^-360) ≈ $711.23
Jeff's monthly payment is $711.23.
If you used $8, then you must add 8 to 32 which equals $40
Answer:
Please explain more further. It is not described very well.
Step-by-step explanation:
Answer: D
Dependent variable is Distance.
9514 1404 393
Answer:
-3/5
Step-by-step explanation:
The slope can be found using the formula ...
m = (y2 -y1)/(x2 -x1)
Using the values from the marked points, we have ...
m = (-2 -1)/(2 -(-3)) = -3/5 . . . . it is negative