45.87= 2.18 plus 300 is 345.87 hope this is correct if not im soooo sorry
Answer:
180 pound
Step-by-step explanation:
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<u>t</u><u>h</u><u>e</u><u> </u><u>v</u><u>a</u><u>l</u><u>u</u><u>e</u><u> </u><u>o</u><u>f</u><u> </u><u>1</u><u>2</u><u>%</u>
- 12% of 1500 pounds
- 12/100 × 1500
- 18,000/100
- 180
much steel will the new car model use is 180 pound
9514 1404 393
Answer:
a. $3,455.20
Step-by-step explanation:
The monthly payment is given by the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for loan amount P at annual rate r for t years.
For this mortgage, we use P = $530,000, r = 0.068, t = 30.
A = $530,000(0.068/12)/(1 -(1 +0.068/12)^(-360)) ≈ $3,455.20
The monthly payment is $3,455.20.
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<em>Additional comment</em>
In 7 years, the balloon payment will be $481,559.91.
