Answer:
96
Step-by-step explanation:
The loan duration is for 8 years, a total of 12·8 = 96 monthly payments. The 96th payment is the balloon payment.
The equation of a line is given by y = mx + c; where m is the slope.
The given equation is 9 - x = 2y
y = -1/2 x + 9/2
Therefore, the slope is -1/2 and the y-intercept is 9/2.
Answer:
1(5/16)=1.3125
7(5/16)=7.3125
26(5/16)=26.3125
Step-by-step explanation:
Given that 5/16=0.3125, the mixed fraction 1(5/16)=1+(5/16)=1+0.3125=1.3125
Also, 7(5/16)=7+(5/16)=7+0.3125=7.3125
Furthermore,
26(5/16)=26+(5/16)=26+0.3125=26.3125
In the same vein, given that 4/15=0.266
1(4/15)=1+(4/15)=1+0.266=1.266
17(4/15)=17+(4/15)=17+0.266=17.266
23(4/15)=23+(4/15)=23+0.266=23.266
