Answer:
$1516.69 per month less
Step-by-step explanation:
The formula for the monthly payment A on a loan of principal P, annual rate r, for t years is ...
A = P(r/12)/(1 -(1 +r/12)^(-12t))
For the 18.5% loan, the monthly payment is ...
A = 150000(.185/12)/(1 -(1 +.185/12)^(-12·30)) ≈ 2321.92
For the 5% loan, the monthly payment is ...
A = 150000(.05/12)/(1 -(1 +.05/12)^-360) ≈ 805.23
The mortgage at 5% would be $1516.69 less per month.
Answer:
50 499/1000
Step-by-step explanation:
50.499
There are 3 digits after the decimal
Our denominator is 1 with 3 zero's 1000
50 499/1000
Answer:
Reflection over the x-axis
Step-by-step explanation:
To get from Triangle A to Triangle B, Triangle A must be reflected over the x-axis. On Triangle A, the left-most point is at (1, -2). The corresponding point on Triangle B is at (1, 2). The rule for reflecting over the x-axis is (x, y) -> (x, -y). So, (1, -2) -> (1, 2).
I hope this helps :))
I would think B. Because he is still $47 in debt and he lent 13 so he has 13 left.
