Listed price = $1.4 million
Down payment = 20% of $1.4 million = 0.2 x 1,400,000 = 280,000
Amount left to pay = $1.4 million - 280,000 = $1,120,000
Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt) / r
where: PV = $1,120,000
r = 5% = 0.05
t = 12
n = 30 years.
1,120,000 = P(1 - (1 + 0.05/12)^-(12 x 30)) / 0.05
1,120,000 x 0.05 = P(1 - (1 + 1/240)^-360)
56,000 = P(1 - 0.2238)
P = 56,000 / 0.7761 = 72,148.83
Therefore, the monthly payment is $72,148.83
Answer:
y^2+8y+16
Step-by-step explanation:
6y^2 +2y +5 - ( 5y^2 -6y-11)
Distribute the minus sign
6y^2 +2y +5 - 5y^2 +6y+11
Combine like terms
y^2+8y+16
You want to find the unit rate...
1350 divided by 8 = 168.75 if its asking for an estimate it will be 169
Answer:
Tom buys 3 shirts.
Step-by-step explanation:
$36 + $9 = $45
$45 ÷ $15 = 3
(I hope i got this correct, if not please forgive me!)
Comparing x-1 with x-a then x=1
1^3+p*1^2-1-2=0
1+2p-3=0
2p=3-1
P=2/2
P=1
:.p=1
