Answer:
The new mortgage repayment is $10,580.69
Step-by-step explanation:
As at the time Douglas lost his job,he has already made repayments on the mortgage for a period of 7 years,by extending the repayment period by another 7 years,Douglas now have a period of repayment of 30 years now(30-7+7).
The new repayment yearly can be computed using the pmt formula in excel as given below:
=pmt(rate,nper,-pv,fv)
rate is the interest rate on mortgage given as 4.25%
nper is the period of repayment now 30 years
pv is the current of balance of $177,533.62
fv is the total amount repayable on the mortgage and it is not known hence taken as zero
=pmt(4.25%,30,-177533.62,0)=$10,580.69
Answer:
Step-by-step explanation:
The Pythagorean Theorem is used to find a missing side length in a right triangle, and the formula is used to find the missing side, assuming a and b are legs, while c is the hypotenuse.
Answer:
g(-2) = -6
g(0) = 0
g(5) = 15
Step-by-step explanation:
For each of the evaluations, you have to plug in the number everywhere where there is an x
Answer:
110 degrees
Step-by-step explanation:
it is 110 degrees because on a line comebinedt is 180 degrees. And you already ahve one side which is 70 degrees. So 180 minus 70 is 110 degrees.
