A salesperson receives 3%
Answer:
3x - y = 8
y = 3x - 8
y = 3*2.5 - 8 = -0.5 --> (2.5, -0.5)
y = 3*5 - 8 = 7 --> (5, 7)
Answer C is correct.
Answer:
False
Step-by-step explanation:
The left side 2 does not equal to the right side 18
, which means that the given statement is false.
Answer:
The correct solution is "$1618.79".
Step-by-step explanation:
The given values are:
Home price,
= $300,000
Down payment,
= 10%
Mortgage,
= $270,000
Rate,
r = 6%
Time,
t = 30 years
As we know,
⇒ ![PV=P[\frac{1-(1+r)^{-n}}{r} ]](https://tex.z-dn.net/?f=PV%3DP%5B%5Cfrac%7B1-%281%2Br%29%5E%7B-n%7D%7D%7Br%7D%20%5D)
On substituting the values, we get
⇒ ![270 000= P[\frac{1-(1+\frac{6}{1200} )^{-12\times 30}}{\frac{6}{1200} } ]](https://tex.z-dn.net/?f=270%20000%3D%20P%5B%5Cfrac%7B1-%281%2B%5Cfrac%7B6%7D%7B1200%7D%20%29%5E%7B-12%5Ctimes%2030%7D%7D%7B%5Cfrac%7B6%7D%7B1200%7D%20%7D%20%5D)
⇒
($)