Answer: 188 months
Step-by-step explanation:
Principal = $129 000
Payment = $1000
Mortgage % = 5.15
Since,
Number of Months = log (1+[rate/(Payment/Principal)-rate] / log (1 + rate)
Also,
rate = 5.15/1,200 = 0.004292
Number of Months = log (1 + [0.004292/(1,000/129000) -0.004292] / log(1+0.004292)
Number of Months = log ( 1 + 0.004292/ ((0.007752 -0.004292) / log (1.004292)
Number of Months = log ( 1 + (0.004292/0.00346))/ log (1.004292)
Number of Months = log (1 + 1.240) / log (1.004292)
Number of Months = log (2.240) / log (1.004292)
Number of Months = 0.3502 / 0.001860
Number of Months = 188.28 months
Approximation to whole month,
Number of months = 188 Months.
Answer:
The answer is 11 1/4.
Step-by-step explanation:
The value of 3m can be found by multiplying 3 by 3 and 3/4 by 3. We get 9 and 9/4 there. Then we simplify 9/4 into 2 1/4 and say the answer is 11 1/4.
20.00 - 16.50 = ?
you would take 20.00 then subtract 16.50 from it
Answer:
No
Step-by-step explanation:
Given
- 2x + 4 = 18
note the inverse of - 2 is - 
not - 2
However , the first step is to isolate the term in x by subtracting 4 from both sides.
- 2x = 18 - 4 = 14 ( divide both sides by - 2 )
x = - 7
Answer:
48 pounds
Step-by-step explanation:
