Answer:
The new mortgage repayment is $10,580.69
Step-by-step explanation:
As at the time Douglas lost his job,he has already made repayments on the mortgage for a period of 7 years,by extending the repayment period by another 7 years,Douglas now have a period of repayment of 30 years now(30-7+7).
The new repayment yearly can be computed using the pmt formula in excel as given below:
=pmt(rate,nper,-pv,fv)
rate is the interest rate on mortgage given as 4.25%
nper is the period of repayment now 30 years
pv is the current of balance of $177,533.62
fv is the total amount repayable on the mortgage and it is not known hence taken as zero
=pmt(4.25%,30,-177533.62,0)=$10,580.69
Answer:
the answer is 12 inches
every inche equals 15 feet from 30/2 then divide it by the total 180/15 which equals 12
Answer:false
Step-by-step explanation:
Volume = 45
Bc
3 rows wide
5 rows long
3 rows tall
5x3=15
15x3=45
Answer: 84.728
Step-by-step explanation: 105.91•.20=21.182
105.91-21.182=84.728
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