Answer:
The new mortgage repayment is $10,580.69
Step-by-step explanation:
As at the time Douglas lost his job,he has already made repayments on the mortgage for a period of 7 years,by extending the repayment period by another 7 years,Douglas now have a period of repayment of 30 years now(30-7+7).
The new repayment yearly can be computed using the pmt formula in excel as given below:
=pmt(rate,nper,-pv,fv)
rate is the interest rate on mortgage given as 4.25%
nper is the period of repayment now 30 years
pv is the current of balance of $177,533.62
fv is the total amount repayable on the mortgage and it is not known hence taken as zero
=pmt(4.25%,30,-177533.62,0)=$10,580.69
Answer:
-25
Step-by-step explanation:
You can round -98.5 to 100
Then round 3.8 to 4
Negative divided by positive is negative.
-100 ÷ 4 = -25
3^3 + 2^7
Step-by-step explanation:
There really is no other way that I can think of other than guessing and checking. 3^3 is 27, when subtracted from 155 gives you 128. 128 can be rewritten as 2^7, leaving your final answer as 3^3 +2^7.
"taken from MrScienceguy"
Answer: it should be 565.5
Step-by-step explanation:
Answer: The coordinates of the midpoint (1.5, -0.5)
Step-by-step explanation:
For the x-coordinate, find the difference between -1 and 4. That's 5. Take half of 5 and add to -1. So -1+2.5= 1.5
For the y-coordinate, the difference between -6 and 5 is 11. Half of 11 is 5.5. Add -6 + 5.5= 0.5
