Answer:
The monthly mortgage payment is $ 8306.58
Step-by-step explanation:
Given as :
The loan taken as $ 600,000
The rate of interest = 5.5 %
The time period = 30 Years
So, from compounded method
Amount = principal × 
or, Amount = $ 600,000 × 
Or, Amount = $ 600,000 × 
∴ Amount = $ 2990370.77
<u>Now for The monthly mortgage payment </u>
∵ Time period is 30 years
So , 30 years = 12 × 30 = 360 months
∴ Amount payment in monthly =$ 
Or, Amount payment in monthly =$ 8306.58
Hence The monthly mortgage payment is $ 8306.58 Answer
Answer:
Step-by-step explanation:
There are infinitely many rational numbers between any two rational numbers.
To find the center of enlargement, draw a line that connects corresponding vertices, as shown below.
The transformation that map RST to R'S'T' is an enlargement with scale factor of 3 and center of (0,0)
Answer:
See Below
Step-by-step explanation:
It's a lot easier to get a linear equation in slope-intercept form (y = mx + b, where m and b are the line's slope and y-intercept, respectively) if you want to graph it, so let's do that here.
Rewriting the given equation gives us:
5x - y = 12
-y = -5x + 12
y = 5x - 12
We see here that m = 5 and b = -12, so the line has a slope of 5 and a y-intercept of (0, -12). Using this information, we can graph the line, as shown below. Hope this helps!
