1. Ada purchased a house using a fixed rate mortgage. The annual interest rate is 6.3%
1 answer:
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)
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Answer:
1st option is correct i.e., 1 over 2
Step-by-step explanation:
Given that Triangle ABC transformed to Triangle A'B'C'.
Coordinated of Triangle ABC are A(2,6) , B(2,4) and C(4,4)
Coordinated of Triangle A'B'C' are A'(1,3), B'(1,2) and C'(2,2)
Scale factor of Dilation is the no. of times coordinates of vertices of a figure increase or decrease.i.e.,
if A(a,b) ⇒ A'(c,d)
where, a.k=c & b.k=d then k is scale factor of dilation.
Value of k is same for all vertices.
For coordinates of A & A' ,we have
For coordinates of B & B' ,we have
For coordinates of C & C' ,we have
Therefore, the scale factor of dilation is since in all cases
1st option is correct i.e., 1 over 2