Answer:
€24
Step-by-step explanation:
We can use ratios to solve this.
3:4 = 18:x
Cross multiply: 3x = 18*4
Divide: x = 18*4/3
Simplify: x = 6*4 = 24
The second and third ones are the true ones
Answer:
= 6
Step-by-step explanation:
in the third step, they did 2 x -12 and got 24. It should’ve been -24 since it was a positive times a negative. It shouldve been
-24 - (-30)
-24 + 30
= 6
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
