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:
5x³ - 2x² - 5x + 8
Step-by-step explanation:
[ Refer to the attachment ]
Answer:
Step-by-step explanation:
65%
Step-by-step explanation:
Given: Full capacity= 200000 litres
Amount of fuel used during flight= 130000 litres
Now, finding percentage of fuel used on the flight.
∴ Percentage of fuel used=
Solving it, we will get
∴ 65% of fuel capacity been used in this flight.
Answer:
y = 1/4 x - 1/2
Step-by-step explanation:
Remark
The general equation for a line is y = mx + b
You know that m = 1/4. The problem is what do you do about (2,0)?
Solution
y = 1/4 x + b Let x = 2 when y = 0
0 = 1/4 * 2 + b multiply 2 * 1/4
0 = 1/2 + b Subtract 1/2 from both sides
b = - 1/2
equation y = 1/4 x - 1/2
Graph
Answer:
-70 is the correct answer
Step-by-step explanation:
To add fractions, find the LCD and then combine
