9514 1404 393
Answer:
- loan: $157,823
- repaid: $378,000
- interest: $220,177
Step-by-step explanation:
For a loan value of 1, the monthly payment on a 30 year loan at 7% is ...
A = (0.07/12)/(1 -(1 +0.07/12)^(-12·30)) ≈ 0.00665302495
Then the amount repaid after 360 payments is ...
360A = 2.39508898 . . . times the principal amount
__
a) For a monthly payment of $1050, the principal can be ...
$1050/0.00665302495 ≈ $157,823
__
b) The amount repaid to the loan company is ...
$157,823×2.39508898 ≈ $378,000
__
c) The amount that is interest is ...
$378,000 -157,823 = $220,177
Answer:
option d is the correct answer
Step-by-step explanation:
use formula for finding sum of all interior angles of regular polygon i.e. (n-2)×180 where n is no of sides of regular polygon then divide it by no. of sides of regular polygon to find measure of one angle of regular polygon and then subtract it from 180° to find the answer
Answer:
1. -5<1
2. -4<0
3.-6<+4
4.2>0
5. -8>-12
6. -34<-16
7.0>-9
8. +11=+11
Step-by-step explanation:
hope this helps
