Amount of the mortgage after down payment is
160,000−160,000×0.2=128,000
Now use the formula of the present value of annuity ordinary to find the yearly payment
The formula is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv present value 128000
PMT yearly payment?
R interest rate 0.085
N time 25 years
Solve the formula for PMT
PMT=pv÷[(1-(1+r)^(-n))÷r]
PMT= 128,000÷((1−(1+0.085)^(
−25))÷(0.085))
=12,507.10 ....answer
The formula for finding the volume of a cube is
, where s is the side length.
The formula for a cube with each side length doubled is
, or 8<span>s.
</span><span>If all the dimensions of a cube are doubled, then the new volume is
eight times greater.</span>
Answer:
2(5a+6b)
Step-by-step explanation:
Answer:
OPTION 4
Step-by-step explanation:
Let the three consecutive numbers be n, (n + 1) and (n + 2).
Note that the largest number of the three is (n + 2) and the smallest is n.
So, according to the given data, the sum of all the three integers is equal to 1 more than twice more than the largest number.
Writing it mathematically, we have:
n + (n + 1) + (n + 2) = 12 + 2(n + 2)
This is OPTION (4) and is the answer,
1080 dollars. The first interest is 2700 and the second is 1620.
