What does 37.26 x 1,000 = ?
2 answers:
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Answer:
Step-by-step explanation:
To find the function h(x), you need to subtract the function and the function
.
Distribute the negative sign:
Now you can add the like terms:
Therefore, you get that the function h(x) is:
Answer:
B
Step-by-step explanation:
The amortization period in months is:
30 years * 12 = 360 months
The monthly interest rate would be 5.25%/12 = 0.004375
The payment for monthly mortgage formula would be:
Where
E is the monthly mortgage payment
C is the cost of mortgage, cost is $150,000
r is the monthly rate of interest, which is 0.004375
n is the period, in months, which is 360
Substituting, we get our answer:
So, the correct answer is B
