The first (and most typical) way to find distance of two points is by using the distance formula.
One alternative is the Manhattan metric, also called the taxicab metric. This option is much more complicated, and rarely used in high school math. d(x,y)=∑i|xi-yi|
Answer:
$0.87
Step-by-step explanation:
2 quarts = 8 cups
$6.96 ÷ 8 = $0.87
. Let me do my best.
<span>$187,500 is cost of house. </span>
<span>20%, or $37,500 is the down payment. </span>
<span>The loan amount would be $187,500 - $37,500 = $150,000. </span>
<span>If we assume the annual rate of the loan is 4.65% </span>
<span>Then the monthly rate would be 4.65%/12 = 0.3875% </span>
<span>If the loan is $150,000, the interest is 0.3875% </span>
<span>The interst for the first month is $150,000 * 0.3875% = $581.25. </span>
<span>You stated that their payment is $1,575. </span>
<span>So the amount that pays off the loan is $1,575 - $581.25 = $993.75. </span>
<span>At the end of the month, they owe $150,000 - $993.75 = $149,006.25 </span>
<span>For the second month, the amount of the payment that goes towards interst is </span>
<span>$149,006.25 * 0.3875% = $577.40. and the amount that goes towards the loan is $997.60. </span>
<span>At the end of the second month they owe $148,008.65. </span>
<span>Regarding realized income, we recommend a monthly loan payment not to exceed 28% of the monthly income. So if a payment of $1,575 is 28% of Gross, then the math is : $1,575 = 0.28*Gross. </span>
<span>Gross = $5,625 monthly. </span>
<span>About $67,500 annually. </span>
<span>About $33.75 an hour.</span>
Answer:
7.71
Step-by-step explanation:
add it up
