Total cost of the house = $215,000
Amount financed through mortgage = $189,375
Amount paid through other means (such as cash) = 215,000-189,375 = $25,625
Rate = 6.1% = 0.061
Number of years = 15 years
Monthly payment, M = P[i(1+i/12)^12*15]/[(1+i/12)^12*15 -1] = 189,375[0.061/12(1+0.061/12)^12*15]/[(1+0.061/12)^12*15 - 1] = $1,608.30
Total amount paid = $25,625 + (M*12*15) = $25,625 + $289,494.56 = $315,119.56
Seems the options given don't match the correct answer.
In the value 9,443.2 we can spot two 4's.
One resides in the hundreds column and the other resides in the tens column.
Answer:
See image below for answer:)
Step-by-step explanation:
FYI you can use the app photo math, you just take a pic of the problem and it gives you the answer and explains the steps and it's free.
Answer:
Pual needs 3 gallons
Step-by-step explanation:
∵ The dimensions of the four walls are:
25 × 8 , 30 × 8 , 25 × 8 , 30 × 8
∴ The area of painting = 2(25 × 8) + 2(30 × 8)
= 400 + 480 = 880 square feet
∵ each gallon paint 400 square feet
∴ The number of gallons = 880/400 = 2.2, so he needs 3 gallons
