Answer:
Your final answer is $528.92
Step-by-step explanation:


Answer:
B
Step-by-step explanation:
The amortization period in months is:
30 years * 12 = 360 months
The monthly interest rate would be 5.25%/12 = 0.004375
The payment for monthly mortgage formula would be:

Where
E is the monthly mortgage payment
C is the cost of mortgage, cost is $150,000
r is the monthly rate of interest, which is 0.004375
n is the period, in months, which is 360
Substituting, we get our answer:

So, the correct answer is B
Answer:
They have a 0 in the ones place
Step-by-step explanation:
Because you start with 10, you will always have a 0 at the end.
30, 90, 270, etc.
Answer:
The equation for the trend line would be y = -1/100x + 25
Step-by-step explanation:
In order to find the trend line, we first need to find the slope. To do so, we need to find two points on the line. The points we'll use are (0, 25) and (2500, 0). Next, we use the slope formula.
m(slope) = (y2 - y1)/(x2 - x1)
m = (0 - 25)/(2500 - 5)
m = -25/2500
m = -1/100
Now that we have this we can use the slope and the intercept in slope intercept form to model the trend line.
y = mx + b
y = -1/100x + 25
Answer:
the answer is 172
Step-by-step explanation: