Answer:
total payment = $563,760
Interest = $383,760
Principal part = $66
Step-by-step explanation:
(a) total payment:
n = 30 years = 360 months
monthly payment = $1,566
Total payment = $1,566 * 360 months = $563,760
(b) interest:
Total payment = $563,760
Principal = $180,000
Total payment = Principal + Interest
Interest = Total payment - Principal
Interest = $563,760 - $180,000 = $383,760
(c) part of first payment applied to the principal:
First payment = $1,566
Principal = $180,000
Interest rate = 10% yearly = 10% / 12 = 0.8333% = 0.008333 monthly
Monthly interest = Principal * Interest rate = $180,000 * 0.008333 = $1,500
Principal part = $1,566 - $1,500 = $66
Hope this helps!
Answer:
on the number line make an open circle at 80 (am open circle is this: ○) and connect that to an arrow that points back to 0 and the negative numbers. It doesn't matter how far back as long as you make it an arrow
Answer:
c. 25
Step-by-step explanation:
X - y = 5,
x = 5 + y
substitute (x = 5 + y) into the first equation,
5 + y + 2y = -1
3y = -6
y = -2,
substitute y = -2 into (x - y = 5),
x + 2 = 5
x = 3
Hence, x = 3, y = -2
