Total cost of the house = $215,000
Amount financed through mortgage = $189,375
Amount paid through other means (such as cash) = 215,000-189,375 = $25,625
Rate = 6.1% = 0.061
Number of years = 15 years
Monthly payment, M = P[i(1+i/12)^12*15]/[(1+i/12)^12*15 -1] = 189,375[0.061/12(1+0.061/12)^12*15]/[(1+0.061/12)^12*15 - 1] = $1,608.30
Total amount paid = $25,625 + (M*12*15) = $25,625 + $289,494.56 = $315,119.56
Seems the options given don't match the correct answer.
Since both 2 and 5 are prime numbers, there are no multiples for the fraction 2/5.
Answer:
2x + y = 2.
Step-by-step explanation:
First find the slope of the required line by writing the line 2x + y = -5 in slope intercept form:
2x + y = -5
y = -2x - 5
- so the slope is -2.
Therefore the required equation is
y = -2x + 2 (where 2 is the y-intercept).
Converting to standard form:
y = -2x + 2
2x + y = 2.
Answer:
45
Step-by-step explanation:
Multiply 9 · 10 = 90 then divided by 2 = 45