Answer:
$1166.08 is the monthly payment for the mortgage per month.
Step-by-step explanation:
The meaning of this stated formula on the statement is the present annuity formula because we will have future monthly payments on the mortgage of the house in which they pay off the present value of the house which is $240000 x 80% = $ 192000 as this amount will excludes the down payment of 20% that is made.
We are given Pv the present value which excludes the down payment $192000.
We have the interest rate i which is 1.2%/12 as it is compounded monthly.
n is the number of payments made over a period which is 12 x 15 years= 180 payments as it is compounded monthly.
no we substitute the above mentioned information to the present value annuity formula stated to calculate R the monthly payment:
Pv = R[(1-(1+i)^-n)/i]
$192000 = R[(1-(1+(1.2%/12))^-180)/ (1.2%/12)] divide both sides by the coefficient of R
$192000/[(1-(1+(1.2%/12))^-180)/(1.2%/12)] = R
$1166.08 =R which this is the amount that will be paid for the mortgage every month for 15 years.
Formula for volume = length x height x breadth
7a) 13.5 x 3.5 x 11.5 = 543.375
7b) 24 x 10 x 30.5 = 7320
Answer:
Real:
- 23
- 1/3
- cube root of -27
- sq root of 8
- cube root of 64
- 5.6
- 80%
- -3/7
- 0
Imaginary:
Complex:
- -5.7 - 4i
- 2/5 - 5/8i
- 2 + 3i
- -1.5 + 17i
Step-by-step explanation:
A real number is a number that exists in real life.
An imaginary number is a number that doesn't exist, hence it has the letter i in it.
A complex number consists of a real number and an imaginary number.
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180 is the least common multiple of 12 and 45 or 90:
12, 24, 36, 48, 60, 72, 84, 96, 108, 120, 132, 144, 156, 168, <u>180</u>, 192, ...
45, 90, 135, <u>180</u>, 225, ...
90, <u>180</u>, 270, ...
