Answer:
The new mortgage repayment is $10,580.69
Step-by-step explanation:
As at the time Douglas lost his job,he has already made repayments on the mortgage for a period of 7 years,by extending the repayment period by another 7 years,Douglas now have a period of repayment of 30 years now(30-7+7).
The new repayment yearly can be computed using the pmt formula in excel as given below:
=pmt(rate,nper,-pv,fv)
rate is the interest rate on mortgage given as 4.25%
nper is the period of repayment now 30 years
pv is the current of balance of $177,533.62
fv is the total amount repayable on the mortgage and it is not known hence taken as zero
=pmt(4.25%,30,-177533.62,0)=$10,580.69
Answer: I thin The first one 2r+3r+9
Step-by-step explanation: Because he scored a number of 2 port shots which means he scored more than one but the 9 points is just 9 points from free throws which gives only 1 point each and 3 port shots and much as 2 point shots so 3r also
2r+3r+ just 9
No diagram :(
can you upload a picture so we can help out or a description? thanks!
Step-by-step explanation:
The general equation is y = mx + c...
The given equation is 2x + y = 6
Firstly, move everything on the left except the y to the right.i.e.
y = 6 - 2x
Secondly, rearrange the values on the right to look just like the general equation.
y = -2x + 6
The equation is now in proper general form because it matches the format laid down.
.8 it represents .80 cents. rather than .08 which would represent 8 pennies