Let the number be 'x'.
Three times a number will then give 3x
Therefore the equation will be:
By applying the formulas of present and future values of annuity we can solve this problem. In this mortgage problem, first we have to find loan amount after the down payment. It is 699,000 - 699,000 * 0.2 = 559,200$. We have to set it as PV (Present Value) of annuity. Using the PV formula
, we first find A, which is an annual payment. Exact calculation with mortgage calculator gives us A = 33,866.56$. After finding it, plugging this number into FV (Future Value) formula
, we find the value of the future value and it is 1,185,329.66$. And the total financial charge is 1,185,329.66 - 559,200 = 626,129.66$
Answer:
idk but trump 2020
Step-by-step explanation:
Michael bought 3.5 lbs of cheese
Divide 11.48 by 3.28
4x−5=7+4y
subtract 7 from both side
4x - 5 -7 = 4y
4x -12 = 4y
divide by 4
4x/4 -12/4 = 4y/4
x-3=y