Listed price = $1.4 million
Down payment = 20% of $1.4 million = 0.2 x 1,400,000 = 280,000
Amount left to pay = $1.4 million - 280,000 = $1,120,000
Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt) / r
where: PV = $1,120,000
r = 5% = 0.05
t = 12
n = 30 years.
1,120,000 = P(1 - (1 + 0.05/12)^-(12 x 30)) / 0.05
1,120,000 x 0.05 = P(1 - (1 + 1/240)^-360)
56,000 = P(1 - 0.2238)
P = 56,000 / 0.7761 = 72,148.83
Therefore, the monthly payment is $72,148.83
Answer:
A) 35/12
Step-by-step explanation:
The tangent of an angle is the opposite side of that angle over the adjacent side of the angle
Answer:
slope = 4
Step-by-step explanation:
Answer:
Option B (2, -2) is correct.
Step-by-step explanation:
Have a great day! :)
and can I plz have brainliest?
Answer:
6 m, 6 m, 5 m
Step-by-step explanation:
If x is the common length then the perimeter is the sum of side lengths:
x + x + (2x-7) = 17
4x = 24 . . . . . . . . . add 7
x = 6 . . . . . . . . . . divide by 4
2x -7 = 12 -7 = 5 . . . find the length of the 3rd side
The side lengths are 6 m, 6 m, and 5 m.
