There's the answer hope it fits you well
a) For principal amount P, interest rate r, and number of years t, the amortization formula for the monthly payment A is ...
... A = P(r/12)/(1 -(1 +r/12)^(-12t))
... A = 22500·(0.06/12)/(1 -(1 +0.06/12)^(-12·20)) ≈ 161.20
The monthly payment is $161.20.
b) After 240 payments, the amount repaid is
... $161.20·240 = $38,688
c) (22500/38688)·100% = 58.2% is paid toward principal
The remaining amount, 41.8% is paid toward interest.
Answer:
Step-by-step explanation:
3+x-3= - 5x
combine like terms
3 += 4
x -5x = -4x
then combine 4 and -4x
Answer:
49.81
Step-by-step explanation:
the formula I used is distance=
Lets say we are finding the distance from c to y
c=(-6,9)
y=(5,9)
cy=
cy=
cy=
cy=
cy=11
And you can find the distance between y and i, i and d, d and o, o and c, using the same formula.
After solving the distance of all I got
yi=16.55294536
id=1
do=9.219544457
oc=12.04159458
After you add them all up you get 49.8140844 which rounded to the nearest hundredth is 48.81.
Thank you and I hope that is helpful.
Sorry that is actually wrong
Check out the other answer.
Answer:
Step-by-step explanation:
1: = x : 4