Answer:
The APR is 4.38%.
Step-by-step explanation:
Given : Matt Johnson takes out a mortgage for $240,000. There is a loan of 30 years at $1,200 per month. This gives a total interest of $192,000.
To find : What is the APR using the formula?
Solution : Formula of monthly payment
Monthly payment,
Discount factor
Where, Amount = $240,000
Monthly payment M=$1200
APR i =?
Time = 30 years
Monthly payment,
Substitute value,
Solving using calculator,
Now, In percentage and in months
The APR is 4.38%.
Answer:
The population at the end of 2017 is 65,550
Step-by-step explanation:
step 1; find the population at the end of 2016
if 60,000 increases by 15% therefore final % = 100 +15 =115%
Therefore 60,000 = 100%
? = 115%
<em>by cross multiplication</em>
={ (115 % x 60,000) /100} =69,000
Step 2: find the population at the end of 2017
if 69,000 decrease by 5% therefore the final% = 100 -5 =95%
Therefore 69000 = 100%
? = 95%
by cross multiplication
= 69000 x 95/100 = 65,550
First since it is a triangle and it says meter square that means its an area
so the area is 1/2hb h stands for height and b stands for base
so
a=1/2bh
a=1/2(12)(9)
a=1/2(108)
a=54m^2
It says the cost of sail is $15 per square meter
so
$15*54
=$810
Why times by 54 because if 1 piece is $15 how about 54pcs?
thats why we will multiply it
Answer: at 5
Step-by-step explanation: the 3 is the slope and the 5 is the y intercept. The y-intercept corresponds to the value of 5 when the x value is equal to 0
Answer:
132/100, or 1.32
Step-by-step explanation:
Just change 13/10 to 130/100 and add 2/100 to make it 132/100, or 1.32 :)