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:
1) 5/2 or 2.5
2) 5/2 or 2.5
Step-by-step explanation:
1) 5/2 = 2.5
2) 10/4 = 5/2 = 2.5
Because the hypotenuse of both are the segments of the same line and straight lines have the same gradient for all segments
The answer is 125/18. decimal form would be 6.94 (repeating) lol
Can u explain it little clearer, do u mean all the fives?
Answer:
The first choice
Step-by-step explanation:
So you see that square down there, does mean that the angle is 90 degrees. So 90-50 = 40 so yea the first choice.