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MaRussiya [10]
2 years ago
10

What is 6/51 written as a lowest term

Mathematics
1 answer:
daser333 [38]2 years ago
7 0
2/17 is the lowest term for 6/51
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Enos took out a 25-year loan for $135,000 at an APR of 6.0%, compounded monthly, and he is making monthly payments of $869.81. W
Alborosie
Present value = 135000
Monthly interest, i = 0.06/12 = 0.005
Monthly payment, A= 869.81

Future value of loan after 16 years
F=P(1+i)^n      [compound interest formula]
=135000(1+.005)^{16*12}
=351736.652

Future value of payments after 16 years
\frac{A((1+i)^n-1)}{i}
=\frac{869.81((1+0.005)^{16*12}-1)}{0.005}
=279287.456

Balance = future value of loan - future value of payments
=351736.652-279288.456
= $ 72448.20

Note: the exact monthly payment for a 25-year mortgage is
A=\frac{P(i*(1+i)^n)}{(1+i)^n-1}
=\frac{135000(0.005*(1+0.005)^{25*12}}{(1+0.005)^{25*12}-1}
=869.806892

Repeating the previous calculation with this "exact" monthly payment gives
Balance = 72448.197, very close to one of the choices.

So we conclude that the exact value obtained above differs from the answer choices is due to the precision (or lack of it) of the provided data.

The closest choice is therefore <span>$72,449.19</span>
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2 years ago
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A student simplified the expression 62122 as 12 Do you agree with this student
zhenek [66]
No because 62122 can not be simplified
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Formula for addition
wolverine [178]

Answer: Click on the cell where you want the result of the calculation to appear. Type = (press the equals key to start writing your formula) Click on the first cell to be added (B2 in this example) Type + (that's the plus sign)

Step-by-step explanation:

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C 1:3 it you multiply both numbers by 2 you will have 2:6. 1:3 is just simplified
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Which rate is equivalent to 72 kilometers per hour? (Hint: 1 mile = 1.61 kilometers) *
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Your answer is 45.. I am 100% positive
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