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Ierofanga [76]
3 years ago
14

Please show me how to work this out

Mathematics
1 answer:
4vir4ik [10]3 years ago
3 0

Answer:

f(x) = -4x + 12

Step-by-step explanation:

y - 2x = -6x + 12

+2x        +2x

f(x) = -4x + 12

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In the summer of 2014, the average listing price for homes for sale in the Hollywood Hills was $2,663,995.
Wewaii [24]

Answer:

  • monthly payment: $15,903.61
  • interest: $2,368,664.10

Step-by-step explanation:

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The monthly loan payment is given by the amortization formula:

  A = P(r/12)/(1 -(1 +r/12)^(-12t))

  A = $2,397,595.50(0.0525/12)/(1 -(1 +0.0525/12)^(-12·30))

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The monthly escrow payment will be 1/12 of the annual amount:

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So, the total monthly payment on the house will be ...

  $13,239.61 +2664.00 = $15,903.61

__

b) The sum of monthly loan payments is ...

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so the interest on the $2,397,595.50 loan is ...

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