In this case we have an ARM fixed for 6 years and adjust after the initial first 6 years every 2 years after. The basic idea behind a ARM is that the interest changes periodically, but since our ARM is fixed for 6 years, our going to calculate the monthly payment during the initial period using the formula:
where
is the monthly payment
is the amount
is the interest rate in decimal form
is the number years
First we need to convert our interest rate of 4% to decimal form by dividing it by 100%:
We also know from our question that
and
, so lets replace those values into our formula to find the monthly payment:
We can conclude that the monthly payment during the initial period is $1071.58<span />
Answer:
if dad used 6 gallons every week then what will he use for 7 weeks?
Step-by-step explanation:
6 muliplied by 7 = answer :)
Answer:
The inequality is
Step-by-step explanation:
Total time:
The total time to complete the test is the sum of the number of multiple-choice questions multiplied by the time it takes to solve each and the number of short-answer questions multiply by the time it takes to solve each.
In this question:
Same number(n) of both.
Multiple-choice takes 2 minutes, short-answer takes 3.5 minutes. The total time is given by:
Write an inequality to determine how many questions, n, the teacher can include if the test must take students less than 45 minutes to complete.?
This means that:
So
The inequality is
Answer:
21) There is a 0% chance of picking a 13 in a deck of cards. <u>Impossible.</u>
If there is a 0% chance that something will happen then it is impossible.
22) There is a 50% chance of picking a red card in a deck of cards.<u> Equally likely.</u>
If there is a 50% chance that something will happen, it is equally likely that it will happen.
23) There is an 80% chance of snow tomorrow. <u>Likely or certain.</u>
If there is an 80% chance of something happening, it means that the chances of that thing happening good and the event is likely to occur.
24) There is a 20% chance of rain tomorrow. <u>Unlikely.</u>
A low chance of 20% means that something is unlikely to occur.