The monthly payment would be $289.33
$104,000 - $24,000 = $80,000
$80,000 x %8.5 interest = $6,800
$80,000 + $6,800 = $86,800 (total being paid back)
12 (total of months in a year) x 25 (number of years) = 300
Divide $86,800 by 300 and your monthly payment is $289.33
Answer:
Step-by-step explanation:
Less and Greater? I don't know what the drop down menus say. Please don't report me. Can you take a pic of drop down menus for me to see?
Change first equation
x - 2y = 1
add 2y to both side
x = 2y + 1
Plug into second equation
3(2y+1) - 6y = 3
Distributive property
6y + 3 - 6y = 3
y = 0, plug into first equation
x - 2(0) = 1, x = 1
Solution: x = 1, y = 0
