Answer: The answer is x = 65 - 60y.
Step-by-step explanation: Given that Miguel is the grandfather of Raul and Paula is Raul's sister.
Now, let 'x' years be the age of Raul and 'y' years be the age of Raul's sister (Paula).
Also, given is the following information -
Raul's age = Grandfather's age - 60 × sister's age.
Since the age of Miguel, Raul's grandfather is 65 years, so we can write the following equation to find Paula's age
Thus, we can find Paula's age (y) using the equation
where 'x' is the age of Raul.
Are you searching for how much Eva has or Justin?
23064908
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Answer:
ASAP meaning as soon as possible
The monthly payment on the mortgage is option C) $2537.44
<u>Step-by-step explanation</u>:
- Principal (P): $
295,000
- Rate (r): 6.3% = 0.063
- Number of times compounded (n): 12months
15 years = 180
- Number of years = 15
The formula is A = P(1 + r/n)^nt
⇒ A = 295000(1+0.063/180)^(18015)
⇒ A = 295000(180.063/180)^2700
⇒ A = 295000 (1.00035)^2700
⇒ A = 758854.5
Interest = Amount - Principle
⇒ 758854.5 - 295000
⇒ Interest = 463854.5
∴ The monthly payment for 15 years = 463854.5 / (1512)
The monthly payment on the mortgage = 2576.9 (approximately option C)
