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)
The slope of a line is always zero because the line does not move up or down on the y-axis.
Answer:
1) James brother is 10-x years old
2) James was 3 years ago x-3 years old
3) James brother was 3 years ago 7-x years old
4) 3(x-3)=7-x
5) James is 4 years old, his brother is 6 years old
Step-by-step explanation:
3) 10 - x - 3 = 7 - x
5) 3* James age 3 years ago = James brothers age 3 years ago
<=> 3*(x-3) = 7-x
<=> 3x - 9 = 7 - x
<=> 4x = 16
<=> x = 4
Answer: 30
Step-by-step explanation: square 24 and 18 (576 & 324) then add them together (900), then the square root of 900 is 30, so 30.
