Answer:
1. The monthly payment is $689.5
2. The total amount to be paid is
$224,580.
Step-by-step explanation:
Salsa and Corn Broom all reached an agreement upon the price of $197,000.
- The plan on making a 30 percent down payment. This implies that the will pay 0.3 × $197,000 = $59,100
This leaves them with
$197,000 - $59,100
= $137,900 to pay.
The plan on financing this remaining amount at 6 percent for 20 years.
This means they will pay
0.06 × $137,900 = $8,274 for 20 years. This translates to the payment of $8,274 × 20 = $165,480 across the 20 years.
1. The monthly payment is the yearly payment divided by 12.
Which is $8,274 ÷ 12 = $689.5
2. The total amount to be paid is
$165,480 + $59,100
= $224,580.
Answer:
Rob owes his father=-$15-$3= -$18
Step-by-step explanation:
Rob borrows $15 first and then $3.
Since we have to use negative integers, so
-$15-$3= -$18
Answer: slope is -3/2
Step-by-step explanation:
(-2,5) (4,-4)
Use the slope formula y2-y1/x2-x1
5-(-4)/-2-4 = -3/2
Profit will be achieved when the money earned is greater than the money spent so,
336 + (n*12) = n*28 any subsequent units sold would result in profit
336 = 28n - 12n
336 = 16n
=> n = 336/16 = 21
21 units must be sold to draw even any more would result in profit
