90,000*.85 = $76,500 = Financing
He will pay <span>$757.57 monthly for 30 years at an interest rate of 11.5%</span>
Monthly mortgage payment multiplied by 12 months in a year.
765*12=9,180.
Add yearly mortgage plus property taxes:
9,180+4,056=13,236
Divide the total by 12 months in a year.
13,236/12=1,103
You should charge $1,103 a month to come out even.
You can also take the property taxes and divide them by 12 (months in a year) 4056/12=338. Then add the monthly mortgage ($765)
765+338= $1,103.
Hope this helps :)
Answer:
y = -2/7x - 22/7
General Formulas and Concepts:
<u>Pre-Algebra</u>
- Order of Operations: BPEMDAS
<u>Algebra I</u>
Slope Formula: 
Slope-Intercept Form: y = mx + b
Step-by-step explanation:
<u>Step 1: Define</u>
Point (-4, -2)
Point (3, -4)
<u>Step 2: Find slope </u><em><u>m</u></em>
- Substitute:

- Add:

<u>Step 3: Find y-intercept </u><em><u>b</u></em>
- Define: y = -2/7x + b
- Substitute: -4 = -2/7(3) + b
- Multiply: -4 = -6/7 + b
- Isolate <em>b</em>: -22/7 = b
- Rewrite: b = -22/7
<u>Step 4: Write linear equation</u>
y = -2/7x - 22/7
Y = 54.
This is really complicated to explain, but since x is 36 and the angle on the other side of the known angle is also 36, that makes y 54. Each pair of angles has to equal to 90 degrees.
Hope this helps!