The monthly payment on the mortgage is option C) $2537.44
<u>Step-by-step explanation</u>:
- Principal (P): $
295,000
- Rate (r): 6.3% = 0.063
- Number of times compounded (n): 12months
15 years = 180
- Number of years = 15
The formula is A = P(1 + r/n)^nt
⇒ A = 295000(1+0.063/180)^(18015)
⇒ A = 295000(180.063/180)^2700
⇒ A = 295000 (1.00035)^2700
⇒ A = 758854.5
Interest = Amount - Principle
⇒ 758854.5 - 295000
⇒ Interest = 463854.5
∴ The monthly payment for 15 years = 463854.5 / (1512)
The monthly payment on the mortgage = 2576.9 (approximately option C)
Answer:
The y intercept is 3
(0,3)
Step-by-step explanation:
4x+2y=6
To find the y intercept, set x =0 and solve for y
4(0) +2y = 6
0+2y = 6
Divide by 2
2y/2 = 6/2
y =3
The y intercept is 3
(0,3)
We have, /x+5.3/ = 2.1;
Then, x + 5.3 = 2.1 or x + 5.3 = -2.1;
x = 2.1 - 5.3; x = -3.2;
x = -2.1-5.3; x = -7.4;
The correct answer is c.
The top left graph is the only one correct. It rises up slowly then faster, and then stays constant for an hour, then decreases.
Answer: Abraham could run 8 miles each day for 3 days and get 24. He could run 6 miles each day for 4 days and get 24.
Abraham can run 10 miles each day for 3 days and get 30 or he could run 7.5 miles a day for 4 days and get 30.
Not sure if this is the answer it wants or not
