Present value = 135000
Monthly interest, i = 0.06/12 = 0.005
Monthly payment, A= 869.81
Future value of loan after 16 years

[compound interest formula]


Future value of payments after 16 years



Balance = future value of loan - future value of payments
=351736.652-279288.456
= $ 72448.20
Note: the exact monthly payment for a 25-year mortgage is



Repeating the previous calculation with this "exact" monthly payment gives
Balance = 72448.197, very close to one of the choices.
So we conclude that the exact value obtained above differs from the answer choices is due to the precision (or lack of it) of the provided data.
The closest choice is therefore <span>$72,449.19</span>
Answer:3,312.50
Step-by-step explanation:1. We assume, that the number 2500 is 100% - because it's the output value of the task.
2. We assume, that x is the value we are looking for.
3. If 2500 is 100%, so we can write it down as 2500=100%.
4. We know, that x is 3.25% of the output value, so we can write it down as x=3.25%.
5. Now we have two simple equations:
1) 2500=100%
2) x=3.25%
where left sides of both of them have the same units, and both right sides have the same units, so we can do something like that:
2500/x=100%/3.25%
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.
Answer:
87 grade
Step-by-step explanation:
if yo add a 10% overall grade to you 79.43 you will get an 87.373
79.43 x 10% = 7.943 (points added bc of your 10%added)
79.43 + 7.943 = 87.373
round it and you'll have 87 overall grade
<h2><em><u>
Answer: 6</u></em></h2>
Step-by-step explanation: -2 x -3 = 6 cause the negatives cancel out to make 6.
Answer:
237
Step-by-step explanation:
This is a system of equations.
The theater sold 364 adult and child tickets, so a + c = 364
They made a total of $1930. Each adult ticket was $6 & child tickets were $4. The second equation is 6a + 4c = 1930.
Let's line them up
a + c = 364
6a + 4c = 1930
Since we need to solve for the number of adult tickets, we want to get rid of the c variable. I'm going to multiply the entire first equation by -4 to do this. The second equation stays the same. Now, I have:
-4a - 4c = -1456
6a + 4c = 1930 Add them together
----------------------
2a = 474 Divide by 2 to solve for a
a = 237
There were 237 adult tickets sold