Using the monthly payment formula, it is found that her down payment should be of $1,419.
<h3>What is the monthly payment formula?</h3>
It is given by:
In which:
- n is the number of payments.
For this problem, the parameters are:
A = 250, r = 0.072, n = 72.
Hence:
r/12 = 0.072/12 = 0.006.
We solve for P to find the total amount of the monthly payments, hence:
0.0171452057P = 250
P = 250/0.0171452057
P = $14,581.
The total payment is of $16,000, hence her down payment should be of:
16000 - 14581 = $1,419.
More can be learned about the monthly payment formula at brainly.com/question/26476748
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Answer is 3 because when you solve its 3 or less
A millennium is 1000 years.
Multiply the number of seconds in 1 year by 1000:
31,536,000 x 1,000 = 31,536,000,000 seconds.
Answer:
-25+15u
Step-by-step explanation:
all you need to do is distribute the 5 to everything in the parenthesis!