Answer:
The answer to your question is below
Step-by-step explanation:
When using scientific notation,
- when we move the decimal point to the right, the power will be negative.
- when we move the decimal point to the left, the power will be positive.
a) 0.00001 move the decimal point 5 places to the right 1 x 10⁻⁵
b) 0.001 move the decimal point 3 places to the right 1 x 10⁻³
The monthly payment on the mortgage is option C) $2537.44
<u>Step-by-step explanation</u>:
- Principal (P): $
295,000
- Rate (r): 6.3% = 0.063
- Number of times compounded (n): 12months
15 years = 180
- Number of years = 15
The formula is A = P(1 + r/n)^nt
⇒ A = 295000(1+0.063/180)^(180
15)
⇒ A = 295000(180.063/180)^2700
⇒ A = 295000 (1.00035)^2700
⇒ A = 758854.5
Interest = Amount - Principle
⇒ 758854.5 - 295000
⇒ Interest = 463854.5
∴ The monthly payment for 15 years = 463854.5 / (15
12)
The monthly payment on the mortgage = 2576.9 (approximately option C)
Answer: hope that helps
Step-by-step explanation: 128 divided by 640 x 100 = 20%
Answer:
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Step-by-step explanation:
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