Answer:
1.35
Step-by-step explanation:
Total payments 437×60=26,220
Interest paid
26,220−17,550=8,670
Answer:
![P(4,3) = 4!](https://tex.z-dn.net/?f=P%284%2C3%29%20%3D%204%21)
Step-by-step explanation:
Given
P(4,3)
Required
Solve
Using permutation formula;
![P(n,r) = \frac{n!}{(n-r)!}](https://tex.z-dn.net/?f=P%28n%2Cr%29%20%3D%20%5Cfrac%7Bn%21%7D%7B%28n-r%29%21%7D)
This implies that
![P(4,3) = \frac{4!}{(4-3)!}](https://tex.z-dn.net/?f=P%284%2C3%29%20%3D%20%5Cfrac%7B4%21%7D%7B%284-3%29%21%7D)
![P(4,3) = \frac{4!}{(1)!}](https://tex.z-dn.net/?f=P%284%2C3%29%20%3D%20%5Cfrac%7B4%21%7D%7B%281%29%21%7D)
![P(4,3) = \frac{4!}{1!}](https://tex.z-dn.net/?f=P%284%2C3%29%20%3D%20%5Cfrac%7B4%21%7D%7B1%21%7D)
![P(4,3) = \frac{4!}{1}](https://tex.z-dn.net/?f=P%284%2C3%29%20%3D%20%5Cfrac%7B4%21%7D%7B1%7D)
![P(4,3) = 4!](https://tex.z-dn.net/?f=P%284%2C3%29%20%3D%204%21)
Answer:
c.
Step-by-step explanation:
Answer:
$147,848.5
Step-by-step explanation:
Fixed rate =7.35%
Mortgage Loan= $685,000
Selling price=$782,000
Property tax paid= $14,578.15
Therefore,
Prorated Amount Owed= Outstanding balance on the house + Interest paid on the loan for the year
Prorated Amount Owed=(782500-685000)+7.35% of 685000
=97500+50347.5
=$147,847.5