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Answer:
- loan: $157,823
- repaid: $378,000
- interest: $220,177
Step-by-step explanation:
For a loan value of 1, the monthly payment on a 30 year loan at 7% is ...
A = (0.07/12)/(1 -(1 +0.07/12)^(-12·30)) ≈ 0.00665302495
Then the amount repaid after 360 payments is ...
360A = 2.39508898 . . . times the principal amount
__
a) For a monthly payment of $1050, the principal can be ...
$1050/0.00665302495 ≈ $157,823
__
b) The amount repaid to the loan company is ...
$157,823×2.39508898 ≈ $378,000
__
c) The amount that is interest is ...
$378,000 -157,823 = $220,177
Answer:
8/100 is equivalent to 0.08
Step-by-step explanation:
The second digit place to the right of the decimal point is the hundredths place, so that is where the 8 belongs because it is 8/100 in fraction form.
Hope this helped :)
We are given one angle is 3 times less than other.
Let us assume one angle measure is x degrees and another is 4x.
Because x is 3x less than 4x. ( We can check 4x-x= 3x)
Sum of complementary angles is 90 degrees.
So, we can setup an equation
First angle measure + first angle = 90 degrees.
x+4x = 90.
Adding x and 4x, we get 5x.
So, 5x = 90.
Dividing both sides by 5, we get
5x/5 = 90.
x= 18.
So, one angle is of 18 degrees.
Another angle = 4x = 4 times 18 = 72 degrees.
So, required angles are of 18 degree and 72 degree.
Answer:
5y
Step-by-step explanation:
because there are no other terms with a y
Represent what you have to be more specific