Step-by-step explanation:
x/5 + 7 = 16
x/5 = 16 - 7
x/5 = 9
x = 9×5
= 45
(26/25) x (15/28) x (8/39)
Divide top and bottom by 3 :
(26/25) x (5/28) x (8/13)
Divide top and bottom by 5 :
(26/5) x (1/28) x (8/13)
Divide top and bottom by 4 :
(26/5) x (1/7) x (2/13)
= 52 / 455 = 0.11429... (rounded)
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.
_____
<em>Additional comment</em>
In 7 years, the balloon payment will be $481,559.91.
Answer:
x+8.95 and x+24.55
Step-by-step explanation:
im not going to do this
Answer:
0.8104
Step-by-step explanation:
