9514 1404 393
Answer:
$40,615.20
Step-by-step explanation:
The amortization formula will tell you Michelle's monthly payment.
A = P(r/12)/(1 -(1 +r/12)^(-12t)) . . . . loan value P at interest rate r for t years
A = $124,500(0.059/12)/(1 -(1 +0.059/12)^(-12·10)) ≈ $1375.96
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The total of Michelle's 120 monthly payments is ...
12 × $1375.96 = $165,115.20
This amount pays both principal and interest, so the amount of interest she pays is ...
$165,115.20 -124,500 = $40,615.20
Michelle will pay $40,615.20 in interest over the course of the loan.
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A calculator or spreadsheet can figure this quickly.
Answer:
The answer to your question is: O(10/3, -17/3)
Step-by-step explanation:
See the picture
Look at the equation backwards, its minus 6 every time. so therefore the ninth term would be 51. double check yourself count up + 6 til you get to the ninth term! :)
Answer:
<em>A) -3 + 9 + 4</em>
Step-by-step explanation:
We are given the following information: At 7:00 a.m., the temperature was -3°F. At 6:00 p.m., the temperature was 9°F greater than the temperature at 7:00 a.m. This means the temperature at 6:00 p.m. is calculated as -3 + 9.
We know this last temperature is 4°F less than the temperature at noon, thus the temperature at noon is calculated as -3 + 9 + 4
A) -3 + 9 + 4
Answer:
The first one
Step-by-step explanation:
