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torisob [31]
3 years ago
5

Q3. Trevor buys a boat. The cost of the boat is £14 200 plus VAT at 20%.

Mathematics
1 answer:
uranmaximum [27]3 years ago
5 0
10 the answer is c. i don’t know if that’s correct
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Will is buying a house for $185,000. He is financing $165,000 and obtained a 30-year, fixed-rate mortgage with a 6.725% interest
guajiro [1.7K]
<h3>Answer:  $1067.45</h3>

=================================================

Work Shown:

L = 165000 = loan amount or amount financed

r = 0.06725  = annual interest rate in decimal form

i = r/12 = 0.06725/12 = 0.005604167

i = 0.005604167 = approximate monthly interest rate in decimal form

n = number of months = 30*12 = 360 months

P = unknown monthly payment

--------------

Apply the monthly payment formula

P = (L*i)/( 1-(1+i)^(-n) )

P = (165000*0.005604167)/(1-(1+0.005604167)^(-360))

P = 1067.44636311118

P = 1067.45

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3 years ago
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3 years ago
Hello, I really need help with this!
yuradex [85]
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Simplify. (22)-3<br><br><br> A) 64 <br> B) -64 <br> C) 1/64<br><br> D) -1/64
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