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.
_____
<em>Additional comment</em>
In 7 years, the balloon payment will be $481,559.91.
Answer:
The formula is
A=p (1+r/k)^kt
A future value?
P present value 4100
R interest rate 0.04
K compounded monthly 12
T time 10 years
A=4,100×(1+0.04÷12)^(12×10)
A=6,112.41. ..answer
Step-by-step explanation:
12 beacause it is what it is jk im just put anything fr the challenges plz rate me 5 stars
We first calculate the percentage increase on the tax
Old value = 25×9 = 225 ⇒ The value 9 represents the 9 lots of thousands of the house's value
New value = 28×9 = 252
Increase in tax = 252 - 225 =27
Percentage increase = (27÷225) ×100 = 12%
The amount of yearly rent would be then increased by 12%
Monthly rent = $60
Yearly rent = 60×12 = $720
Increase by 12% = 720×1.12 = 806.4 ⇒ The value 1.12 is the multiplier, obtained from 100%+12%=112%=1.12
The monthly rent is 806.4÷12 = $67.20 which is an increase of $7.20 per month
If you calculate SLE to be $25,000 and that there will be one occurrence every four years (ARO), then the ALE is $40,000.
<h3>What is Single-loss expectancy (SLE)?</h3>
A expected monetary decline each moment an asset is at risk is referred to as single-loss expectancy (SLE). It is a term that is most frequently used during risk analysis and attempts to assign a monetary value to each individual threat.
Quantitative risk analysis predicts the likelihood of certain risk outcomes as well as their approximate monetary cost using relevant, verifiable data.
IT professionals must consider a wide range of risks, including the following:
- Errors caused by humans
- Cyber attacks, unauthorised data disclosure, or data misuse are examples of hostile action.
- Errors in application
- System or network failures
- Physical harm caused by fire, natural disasters, or vandalism.
To know more about the Single-loss expectancy (SLE), here
brainly.com/question/14587600
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