5x-3-7=9+2x-16
5x-10=2x-7
5x-2x=-7+10
3x=3
X=1
4, there are 4 equal angles
9514 1404 393
Answer:
a. $3,455.20
Step-by-step explanation:
The monthly payment is given by the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for loan amount P at annual rate r for t years.
For this mortgage, we use P = $530,000, r = 0.068, t = 30.
A = $530,000(0.068/12)/(1 -(1 +0.068/12)^(-360)) ≈ $3,455.20
The monthly payment is $3,455.20.
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<em>Additional comment</em>
In 7 years, the balloon payment will be $481,559.91.
Mode 17,
Mean is 19.3
Median 18.
X = (12 +- sqrt (144 -4(7)(3))/14
x = (12 + - sqrt (144 - 84))/14
x = (12 + - sqrt(60))/14
x = (12 + - 2sqrt 15))/14
x = (6 + - sqrt 15) / 7