Hi!
<h2>
Your answer will be: <em>
180.</em></h2>
Reason being: <em>183-3=180. Also, 180+3=183.</em>
Hope this helps!
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<em>Yours Truly,</em>
<h2><em>
</em></h2><h2><em>
~~~PicklePoppers~~~</em></h2>
YES IT IS RIGHT.YOU ARE RIGHT
Answer:
The amount of the loan is $120,000 -10% + 2% = $110,400, assuming the "points" are added to the financed amount.
I find that the monthly payment will be
$848.89. There will be 360 such payments over 30 years, for a total payment amount of $30The amount of the loan is $120,000 -10% + 2% = $110,400, assuming the "points" are added to the financed amount.
R = Pi/[1 - (1+i)^(-n)] where
P = 110,400
R = the monthly payment
i = 8.5/[100(12)] = .007083...
n = 30(12) = 360 yielding
R = $848.88 per month.
Therefore, the total interest paid is 360(848.88) - 100,400.
5,600. Subtract the original principle (110,400) from that to get the interest paid.
hopes this helps :]
The answer is its in the ones place
Can’t see a picture or can you send one so I can see the problem
