Answer: the monthly payment is $1530.1
Step-by-step explanation:
The cost of the house is $319,000.
The down payment made is 20%. This means that the amount paid as down payment is
20/100 × 319000 = 63800
The balance to be paid would be
319000 - 63800 = $255200
We would apply the periodic interest rate formula which is expressed as
P = a/{[(1+r)^n]-1}/[r(1+r)^n]
Where
P represents the monthly payments.
a represents the amount of the loan
r represents the annual rate.
n represents number of monthly payments. Therefore
a = $255200
r = 0.06/12 = 0.005
n = 12 × 30 = 360
Therefore,
P = 255200/{6.0226 -1}/[0.005(6.0226)]
P = 255200/166.79
P = 1530.1
Answer:
-32 actually
Step-by-step explanation:
-2 x -2 x -2 x -2 x -2
= 4 x 4 x -2
= 16 x -2
= -32
Brainliest???
Answer:
95/351
Step-by-step explanation:
the first thing you must do is to add 140 and 94 and 22 together
you get 256
then you subtract 351 with 256 and get 95
and then you do this
95/351
Step-by-step explanation:
Answer aboove in the photo
Have a nice dayy
