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)^(180
15)
⇒ 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 / (15
12)
The monthly payment on the mortgage = 2576.9 (approximately option C)
12.6 × 0.25 = 3.15
i hope this helps
Answer:
-7 < -3 because -7 is located to the left of -3 on a number line.
Step-by-step explanation:
This is because -7 is on the left of the -3. In negatives -3 is greater than -7. If it was positive then 7 would be greater than 3. So the answer is A. -7 < -3 because -7 is located to the left of -3 on a number line
Answer:
x= (y+40)-(y-330)
Step-by-step explanation:
According to the information provided, the difference in their scores would be the result of subtracting Austin's SAT score from Alexandra's SAT score.
Then, as Alexandra's SAT score was 40 points above the average score this means that you have to add 40 to the average score to get her result. Also, as Austin's SAT score was 330 points below the average score, this means that you have to subtract 330 from the average score. With this you can write the expression:
x= difference in their scores
y= average score
x= (y+40)-(y-330)
Answer:
The correct answer is Adam rowed faster in the men's 500-meter kayak race.
Step-by-step explanation:
To find the speed he rowed in both races, you need to divide the distance of the race by the time it took him to finish. In the first race, he rowed 500 meters and did it in a time of 1 minute 37.9 seconds, so the speed in that race would be
or approximately 5.10725 meters per second. In the second race, Adam rowed a distance of 1000 meters and did it in a time of 3 minutes 28.2 seconds, which means his speed in that race would be
or approximately 4.80307 meters per second. Since his speed in the first race was faster than his speed in the second race, Adam rowed faster in the first race would be the correct answer.