The answers are x=2 and y=5. 2(2)=4. 4+5=8. y=x-7 then is converted into 5=2-7.
Since there was a down payment, the actual amount borrowed was
Amount borrowed, P=125000-25000=100000
interest, i = 4% (APR) = 0.04/12 per month (ASSUME compounded monthly)
Monthly payment = $577
To find the amortization portion of the first payment, we need the interest accumulated at the end of the first month (first payment)
= 100000*(0.04/12) = 333.33 (nearest cent)
Therefore amortization portion = $577-333.33 = 243.67 (to the nearest cent)
(by the way, if we need to know the amortization period, we have to use the amortization formula and estimate the number of months, n to give a monthly payment of 577 for the given principal. n can be calculated as 259.04 months, or over 21 years and 7 months).
Go to khan academy they show you how
Answer:
3^1
Step-by-step explanation:
3^-5 * 3^6
When multiplying exponents with the same base, we can add the exponents
3^ ( -5+6)
3^1
The number . . . . . N
The difference of the number and 9 . . . N-9
Seven times that difference . . . . . . . 7(N-9)
You said that 7(N-9) = 2 .
Divide each side by 7 : N - 9 = 2/7
Add 9 to each side: N = 9 and 2/7
