Answer:
Step-by-step explanation:
yungeen
Answer:
Size of each monthly payment = $161.69 per month
Step-by-step explanation:
Given:
Value of property = $20,000
Downpayment = 20%
Number of payment = 12 x 10 = 120
Interest rate = 4% = 4% / 12 = 0.33 %
Computation:
Loan balance = 20,000 - 20%
Loan balance = $16,000
A] Size of each monthly payment [In Excel]
Size of each monthly payment = PMT(0.33%,120,16000,0)
Size of each monthly payment = $161.69 per month
Answer:
C. 3
Step-by-step explanation:
The y intercept will always be the 'b' in the formula
y= mx+b
since your formula is y = -8x +3, and 3 is in the place of "b", your y intercept will be 3
Answer:
Answer:
The total is: $ 1345.5
Step-by-step explanation:
It is given that:
I would like to purchase 20 products at a cost 65.00 per product.
This means that the cost of 20 products will be:
Also, there is a sales tax of 3.5%
This means that a person has to pay a extra 3.5% on the total cost of the items he purchased.
i.e. he need to pay 3/5% on $ 1300
This means that the amount of tax he need to pay is: 3.5% of 1300
= 3.5%×1300
= 0.035×1300
= $ 45.5.
Hence, the total cost is: $ 1300+$ 45.5
This means that the total cost is: $ 134.5