Answer:
Option A,$ 1,832.91 is correct
Step-by-step explanation:
The monthly payment can be computed using the below pmt formula i excel shown below:
=pmt(rate,nper,-pv,fv)
rate is the monthly rate on the mortgage which is 17.5%/12=0.014583333
nper is the number of months of payment i.e 30*12=360
pv is the amount of the loan which is $125,000
fv is the total amount of repayment which is unknown
=pmt(0.014583333
,360,-125000,0)=$ 1,832.91
The correct option is A,$ 1,832.91 which is the amount of money they need to pay back on the mortgage for 360 months
9514 1404 393
Answer:
draw the line using a ruler on which you have identified points 2 7/16 inches apart
Step-by-step explanation:
On your ruler graduated in inches with marks at 1/16-inch intervals, locate the 0 mark and the mark 1/16 inch before the half-inch mark between 2 and 3 inches.
Draw your line along the edge of the ruler between the two marks you have identified: 0 and 2 7/16. The line will be 2 7/16 inches long.
Answer:
300,000, 10 million, 15 million, 240 million, and 4.6 billion
Step-by-step explanation:
Answer:
x=21
y=16
z=28
Step-by-step explanation:
Let
The first side=x
The second side =y
The third side=z
The rest is in the attached file