Answer:$728
Step-by-step explanation:
$156,000 less 20% is $124,800.
That is the amount that is being financed. If the rate is7% per year the first months interest is:
124,800*.07/12 = $728
You didn't ask but if the mortgage is like most conventional mortgages the 30 * 12 = 360 payments are all approximately equal, with less money expended on paying down the principal at first. Their equal payment would be: $830.30
Answer:
When you solve systems with two variables and therefore two equations, the ... of any variable is 1, which means you can easily solve for it in terms of the other ... In the substitution method, you use one equation to solve for one variable and ... Look for a variable with a coefficient of 1 … that's how you'll know where to begin.
Step-by-step explanation:
Answer: 6.1 > 1.6 (greater)
Step-by-step explanation:
6 in 6.1 is greater than the 1 in 1.6
Answer:
The solution for the given algebraic equation is 
Step-by-step explanation:
Given algebraic equation as :
( x - 8 ) + 1 = 2 ( 18 x - 1 )
Now solving the equation while opening the brackets
So, × x - × 8 + 1 = 2 × 18 x - 2
Or, 
- 
+ 1 = 36 x - 2
or, - 4 + 1 = 36 x - 2
or, - 3 = 36 x - 2
or, - 36 x = - 2 + 3
Or, - 36 x = 1
or, 
= 1
or, 
= 1
∴ 71 x = - 2
I.e x =
Hence The solution for the given algebraic equation is Answer
