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gulaghasi [49]
3 years ago
7

Violet obtained a 25 year fixed rate mortgage for $176,900 on a home that cost her $194,300. If the interest rate in the mortgag

e is 4.82%, how much are violet’s monthly payments
Mathematics
1 answer:
Irina18 [472]3 years ago
5 0

Answer:

  $1015.67

Step-by-step explanation:

The appropriate formula for the payment amount (A) for principal P and interest rate r over time period t years is ...

  A = P·(r/12)/(1 -(1 +r/12)^(-12t))

Filling in the given numbers, you get ...

  A = 176,900·(.0482/12)/(1 -(1 +0.0482/12)^-300) ≈ 1015.67

Violet's monthly payment for principal and interest is $1015.67.

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Darryl:
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The system of equations is consistent and independent and the solutions are x = 4, y = 5, and z = -1 option third is correct.

<h3>What is a linear equation?</h3>

It is defined as the relation between two variables, if we plot the graph of the linear equation we will get a straight line.

If in the linear equation, one variable is present, then the equation is known as the linear equation in one variable.

The question is incomplete.

The complete question is in the picture, please refer to the attached picture.

We have three linear equations in three variables:

x - y - z = 0 ..(1)

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From the equation (1):

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Learn more about the linear equation here:

brainly.com/question/11897796

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