Answer:
Well to estimate a decimal the best option would be to round it to.
10 or 11 (For 10.9)
11 (For 11.1)
and since two of them equal 11.
The estimation would be 11.
I hoped this helped.
Line passing through point (-2, -3) with a slope of -6 is (y - (-3)) = -6(x - (-2)) => y + 3 = -6(x + 2)
Answer:
the answer is D 1/27
Step-by-step explanation:
Present value = 135000
Monthly interest, i = 0.06/12 = 0.005
Monthly payment, A= 869.81
Future value of loan after 16 years

[compound interest formula]


Future value of payments after 16 years



Balance = future value of loan - future value of payments
=351736.652-279288.456
= $ 72448.20
Note: the exact monthly payment for a 25-year mortgage is



Repeating the previous calculation with this "exact" monthly payment gives
Balance = 72448.197, very close to one of the choices.
So we conclude that the exact value obtained above differs from the answer choices is due to the precision (or lack of it) of the provided data.
The closest choice is therefore <span>$72,449.19</span>