Answer:
Sorry I made a mistake here is a picture of the answer. I hope this helps.
Hi!
The scale factor is 3.
You just have to divide 6/2 to get 3.
Answer:
-1
Step-by-step explanation:
y-1=-3
y=-2
.:1/2y=1/2(-2)=-1
By PEMDAS (or any alternative), <em>the first step should be to divide</em>, as D comes before A. So, 16 ÷ 4.
9514 1404 393
Answer:
a. $3,455.20
Step-by-step explanation:
The monthly payment is given by the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for loan amount P at annual rate r for t years.
For this mortgage, we use P = $530,000, r = 0.068, t = 30.
A = $530,000(0.068/12)/(1 -(1 +0.068/12)^(-360)) ≈ $3,455.20
The monthly payment is $3,455.20.
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<em>Additional comment</em>
In 7 years, the balloon payment will be $481,559.91.
