Amount of the mortgage after down payment is
160,000−160,000×0.2=128,000
Now use the formula of the present value of annuity ordinary to find the yearly payment
The formula is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv present value 128000
PMT yearly payment?
R interest rate 0.085
N time 25 years
Solve the formula for PMT
PMT=pv÷[(1-(1+r)^(-n))÷r]
PMT= 128,000÷((1−(1+0.085)^(
−25))÷(0.085))
=12,507.10 ....answer
Answer:
P = 7
Step-by-step explanation:
We have 21 total cards and out of those 21 cards, 14 of those are birthday cards. So that means that the amount of cards that are not birthday cards is the number of cards subtracted by the number of birthday cards, also shown as 21 - 14. So 21 - 14 = P, so now we solve what 21 - 14 is which is 7, so that means P = 7.
Let me know if you have any questions.
Answer:
Count the boxes from one definite point to another. The slope for this is -1/4
Step-by-step explanation:
Answer:
f - 65 pages per hour
Step-by-step explanation:
420 - 160 = 260
6 - 2 = 4
260 divided by 4 is 65 on average per hour