Take $360.00 and multiply by .944 and that equals $339.84
The percent of the purchase price for Julio’s down payment was C. 18%
<h3>What is Interest Rate?</h3>
This refers to the amount of money that is added to a loan collected by a person, for when he makes repayment.
Hence,
Given that
- PMT monthly payment 1558.09
- R interest rate 0.05875
- K compounded monthly 12 because the payment is monthly
- N time 20 years
- Pv present value?
We use the formula Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv= 1,558.09×((1−(1+0.05875÷12)^(−12×20))÷(0.05875÷12))
=219,684.92
Next thing to do is make a subtraction to get the down payment:
267,900−219,684.92=48,215.08
Then the percentage would be:
48,215.08÷267,900= 18% approx.
Read more about interest rates here:
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Answer: -1 1/2 to -1: -1 1/3 and -5/4
-1 to -1/2: -2/3, -3/4, -6/7, -5/6
-1/2 to 0: -1/3 and -3/8
0 to 1/2: 1/5, 1/10, 3/12, 3/8, 3/7, 1/3
1/2 to 1: 4/5, 6/10, 7/8, 7/9, 3/4, 8/10
1 to 1 1/2: 1 5/12, 9/8
Step-by-step explanation:
The general equation for a circle is:
where (h,k) is center of circle
r = radius
For this example, from the graph you see the center is at (0,-3) and radius is 2.
h = 0, k = -3, r = 2
Sub into general equation:
<span>[H+] x [(CIO2)-]/[HCIO2]</span>
