Alan is x like it says
Barry is x-10 because he is 10 years younger than Alan
Kevin is 2x as he is 2 times Alan’s age
Therefore
x+x-10+2x=54
4x-10=54
4x=44
x=11
Alan= 11 years old
Barry is = 1 year old
Kevin is = 22 years old
Um the fraction form of .4242 is <span>0.4242= <span>2121/5000</span></span><span><span>0</span><span>
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Yes and no you do not use the slash you use ^
Fu/ac=mu/bc so 27/36=mu/24 so mu= 18
9514 1404 393
Answer:
a. $3,455.20
Step-by-step explanation:
The monthly payment is given by the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for loan amount P at annual rate r for t years.
For this mortgage, we use P = $530,000, r = 0.068, t = 30.
A = $530,000(0.068/12)/(1 -(1 +0.068/12)^(-360)) ≈ $3,455.20
The monthly payment is $3,455.20.
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<em>Additional comment</em>
In 7 years, the balloon payment will be $481,559.91.