By applying the formulas of present and future values of annuity we can solve this problem. In this mortgage problem, first we have to find loan amount after the down payment. It is 699,000 - 699,000 * 0.2 = 559,200$. We have to set it as PV (Present Value) of annuity. Using the PV formula ![PV = A \frac{[1- \frac{1}{(1+r)^{N}}]}{r}](https://tex.z-dn.net/?f=%20PV%20%3D%20A%20%5Cfrac%7B%5B1-%20%5Cfrac%7B1%7D%7B%281%2Br%29%5E%7BN%7D%7D%5D%7D%7Br%7D%20)
, we first find A, which is an annual payment. Exact calculation with mortgage calculator gives us A = 33,866.56$. After finding it, plugging this number into FV (Future Value) formula ![FV = A\frac{[(1+r)^{N}-1]}{r}](https://tex.z-dn.net/?f=%20FV%20%3D%20A%5Cfrac%7B%5B%281%2Br%29%5E%7BN%7D-1%5D%7D%7Br%7D%20%20%20)
, we find the value of the future value and it is 1,185,329.66$. And the total financial charge is 1,185,329.66 - 559,200 = 626,129.66$
Answer:
Probability of selecting red tile out of a box containing 3 red,2 white & 5 black tiles = 3/10 = 0.3
Step-by-step explanation:
Probability is the calculation of likelihood of an event.
It can be calculated by Formula : Favourable outcome / Total Outcomes
Example : If a box contain 3 red tiles, 2 white tiles, 5 black tiles
Prob (selecting a red tile) = Favourable outcome (red tiles) / Total Outcomes (total tiles) = 3 / 10 = 0.3
Similarly, prob (white tile) & prob (black tile) = 2/10 ie 0.2 & 5/10 ie 0.5 respectively
Answer:
The Answer is 0.785398163 rad
Step-by-step explanation:
Answer:
3.
7.608
Step-by-step explanation:
An irrational number is any number which can't be written as a fraction this way. For example, pi and the square root of two cannot be expressed as a fraction of two whole numbers, so they are both irrational.
if we make the respective accounts in the first and second problem we will see that they are irrational numbers
the fourth is a periodic number, which falls within the irrational
the only rational is the third
