What is the slope intercept form for (0,2) and (1,-2)
2 answers:
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P(x, y) Q(x,y)
P(-2, -1) start at 0. Go to the left two squares, then go down 1 square. mark a point there
Q(2, 4) start at 0. Go to the right two squares, go up 4 squares. mark a point there.
connect two points
make a right triangle
Then use the pythereom
P(-2, -1) start at 0. Go to the left two squares, then go down 1 square. mark a point there
Q(2, 4) start at 0. Go to the right two squares, go up 4 squares. mark a point there.
connect two points
make a right triangle
Then use the pythereom
Answer:
Current monthly payment on their existing mortgage would be $1158.66
Step-by-step explanation:
Total cash value = $160,000
Down payment = 10% of 160,000
Down Payment = $16,000
Balance amount = 160,000 - 16,000 = $144,000
Monthly payment formula:
where,
PV is present value of home, PV=$144,000
r is rate per period ,
n is number of period, n=30x12 = 360
Monthly payment would be same for 30 years.
Thus, Current monthly payment on their existing mortgage would be $1158.66