9514 1404 393
Answer:
a. $3,455.20
Step-by-step explanation:
The monthly payment is given by the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for loan amount P at annual rate r for t years.
For this mortgage, we use P = $530,000, r = 0.068, t = 30.
A = $530,000(0.068/12)/(1 -(1 +0.068/12)^(-360)) ≈ $3,455.20
The monthly payment is $3,455.20.
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<em>Additional comment</em>
In 7 years, the balloon payment will be $481,559.91.
Answer:
255,024
Step-by-step explanation:
24 x 23 x 22 x 21
24 options for the first member
23 options for the second member
22 options for the third member
21 options for the last member
Answer:
x = 1 or x = -5
Step-by-step explanation:
Solve for x over the integers:
8 abs(x + 2) - 6 = 5 abs(x + 2) + 3
Subtract 5 abs(x + 2) - 6 from both sides:
3 abs(x + 2) = 9
Divide both sides by 3:
abs(x + 2) = 3
Split the equation into two possible cases:
x + 2 = 3 or x + 2 = -3
Subtract 2 from both sides:
x = 1 or x + 2 = -3
Subtract 2 from both sides:
Answer: x = 1 or x = -5
Answer:26 last one 25 first and 3 middle
Step-by-step explanation:
Step-by-step explanation:
1. Ok so first we need to figure out how many boxes of shirts he bought. In each box there are 20 shirts and he sold 93. So if we round it, he bought about 100 T-shirts. 100 ÷ 20 = 5. So he bought 5 boxes of shirts.
2. Next we need to figure out how much he spent on the shirts. 5*80=400. So he spent $400 dollars on the shirts.
3. We need to find out the amount of money he made from selling the shirts. 6*93=558
4. We need to find the profit so you subtract the total expenses from the total revenue. 558-400= 158. So the profit is $158
Answer: Mr. Youngbear made 158 dollars worth of profit after selling 93 T-shirts.
(I dont know if this is correct, but I hope I was able to help!)
