The answer is p=.4 glad to help
Listed price = $1.4 million
Down payment = 20% of $1.4 million = 0.2 x 1,400,000 = 280,000
Amount left to pay = $1.4 million - 280,000 = $1,120,000
Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt) / r
where: PV = $1,120,000
r = 5% = 0.05
t = 12
n = 30 years.
1,120,000 = P(1 - (1 + 0.05/12)^-(12 x 30)) / 0.05
1,120,000 x 0.05 = P(1 - (1 + 1/240)^-360)
56,000 = P(1 - 0.2238)
P = 56,000 / 0.7761 = 72,148.83
Therefore, the monthly payment is $72,148.83
Answer:
60
Step-by-step explanation:
step one: ADD.
Answer:
Probably, 3/1.
Step-by-step explanation:
Just do the reverse of the instructions and you get your answer.
1+2=3
2-1=1
Answer:
Step-by-step explanation:
72 mph = 105.6 ft per second
Thanks to google.com
