Answer:
The amount of the loan is $120,000 -10% + 2% = $110,400, assuming the "points" are added to the financed amount.
I find that the monthly payment will be
$848.89. There will be 360 such payments over 30 years, for a total payment amount of $30The amount of the loan is $120,000 -10% + 2% = $110,400, assuming the "points" are added to the financed amount.
R = Pi/[1 - (1+i)^(-n)] where
P = 110,400
R = the monthly payment
i = 8.5/[100(12)] = .007083...
n = 30(12) = 360 yielding
R = $848.88 per month.
Therefore, the total interest paid is 360(848.88) - 100,400.
5,600. Subtract the original principle (110,400) from that to get the interest paid.
hopes this helps :]
Answer: Your answer is 795 r4 in a decimal form it is 795.8
Step-by-step explanation: Hope my answer helped you! Plz, mark my answer Brainliset and Thank you!
Answer:
Step-by-step explanation:
Add the first two columns - third column. See if it equals last column.
Number one is correct, number 2 is off by $1.00,etc
let me know if you are still confused
Answer:
The length would be 5 meters
Step-by-step explanation:
To get this value, start with the area formula.
A = LW
Next input the known values for area and width
1 = L1/5
Now multiply each side by 5
5 = L