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The principal loan amount will be 250000. P is denoted by the principal loan amount
<h3> What is the amount?</h3>The complete repayment of money at the end of the period for which it was borrowed is referred to as the amount.
The given data in the problem is;
P is the principal loan amount
r is the rate of interest = 2.49%
n is the time period= of 30 years
The formula for the principal loan amount is found as;
Hence the principal loan amount will be 250000.
To learn more about the amount, refer to the link;
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Answer: C, E, F
Step-by-step explanation:
- Plug in the "x" and "y" values from the ordered pairs into the equation.
- For A: 3 =
→ 3 ≠ 1 → A is eliminated.
- For B: 5 =
→ 5 ≠
→ B is eliminated.
- For C: 2 =
→ 2 = 2 → C satisfies the equation.
- For D: 10 =
→ 10 ≠
→ D is eliminated.
- For E: -1 =
→ -1 = -1 → E satisfies the equation.
- For F: 3 =
→ 3 = 3 → F satisfies the equation.
- Therefore, C, E, and F are the answers.