Answer:
The answer is between first option and last option.
Step-by-step explanation:
That my Contributions to this questions
Answer:
$1516.69 per month less
Step-by-step explanation:
The formula for the monthly payment A on a loan of principal P, annual rate r, for t years is ...
A = P(r/12)/(1 -(1 +r/12)^(-12t))
For the 18.5% loan, the monthly payment is ...
A = 150000(.185/12)/(1 -(1 +.185/12)^(-12·30)) ≈ 2321.92
For the 5% loan, the monthly payment is ...
A = 150000(.05/12)/(1 -(1 +.05/12)^-360) ≈ 805.23
The mortgage at 5% would be $1516.69 less per month.
Is there some question supposed to be attached?
Answer: 1st # n=35
2nd # n+2=37
Step-by-step explanation:
n= 1st #
n+2= 2nd #
n+n+2=72
2n+2=72 ( combine like terms)
2n+2-2=72-2
2n=70
2n/2=72/2
n=35
What are you looking for?
