Answer:
Option a - $9,314.45
Step-by-step explanation:
Cost of the house = $268,500
Time of repayment = 30 years
Repayment is done monthly, so number of repayments = 30 X 12 = 360
Monthly Payment = $1595.85
Rate of interest per payment period =
So, Present value of monthly payments = 1595.85 X 
= $259,185.55
So, Vanessa's down payment = $268,500 - $259,185.55 = $9,314.45
Hope it helps.
Thank you !!
Answer:
what are the answers?
Step-by-step explanation:
YES
We can work out the inverse using Algebra. Put "y" for "f(x)" and solve for x:
<span><span>The function: f(x)=2x+3
</span><span>Put "y" for "f(x)": y=2x+3
</span><span>Subtract 3 from both sides:
y-3=2x
</span><span>Divide both sides by 2:
(y-3)/2=x
</span><span>Swap sides: x=(y-3)/2</span><span>
</span><span><span>Solution (put "f-1(y)" for "x") :</span> <span>f-1(y)</span>=(y-3)/2</span></span>
Answer:
48 miles
Step-by-step explanation:
36/3 = 12 so 4/4 would be 48
Answer:
4.73%
Step-by-step explanation:
y = 3×2^(t/15) = 3×(2^(1/15))^t = 3×1.0472941^t
In this form, ...
1 +r = 1.0472941
r = .0472941 ≈ 4.73%
The daily increase is about 4.73%.