Answer:
5
Step-by-step explanation:
Let L be the larger number and s be the smaller one.
Then we have two equations.
(1) L – s = 25
(2) s = L/6 Multiply both sides by 6
6s = L Substitute the value for L in Equation(1)
6s – s = 25 Combine like terms
5s = 25 Divide both sides by 5
s = 5
The value of the smaller number is 5.
Present value = 135000
Monthly interest, i = 0.06/12 = 0.005
Monthly payment, A= 869.81
Future value of loan after 16 years
[compound interest formula]
Future value of payments after 16 years
Balance = future value of loan - future value of payments
=351736.652-279288.456
= $ 72448.20
Note: the exact monthly payment for a 25-year mortgage is
Repeating the previous calculation with this "exact" monthly payment gives
Balance = 72448.197, very close to one of the choices.
So we conclude that the exact value obtained above differs from the answer choices is due to the precision (or lack of it) of the provided data.
The closest choice is therefore <span>$72,449.19</span>
Answer:
2 11/12
Step-by-step explanation:
3/4 + 2 1/6
Add the fractions.
35/12
= 2 11/12
Answer:
The easiest ways to do this is to add, subtract, multiply, or devide 5 from a number, do that operation to x, and set that number as the equivelent.
For example
3 * 5=15
so
3x=15