Answer:
(a <em><u>s</u></em><em><u>q</u></em><em><u>u</u></em><em><u>a</u></em><em><u>r</u></em><em><u>e</u></em><em><u> </u></em><em><u>+</u></em><em><u>7</u></em><em><u>a</u></em><em><u>+</u></em><em><u>1</u></em><em><u>2</u></em><em><u>)</u></em><em><u> </u></em><em><u>÷</u></em><em><u>(</u></em><em><u>a</u></em><em><u>+</u></em><em><u>3</u></em><em><u>)</u></em>
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)^(18015)
⇒ 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 / (1512)
The monthly payment on the mortgage = 2576.9 (approximately option C)
Answer:
Algebracicaly speaking the answer would be either -13.3876 or - 158.612 through the quadratic equation, but these answers don’t make sense in this real world scenario.
Step-by-step explanation:
Answer: m=−3
Step-by-step explanation: −40−2(3m+1/2)=7m−2
−40+(−2)(3m)+(−2)(1/2)=7m+−2
−40+−6m+−1=7m+−2
(−6m)+(−40+−1)=7m−2
−6m+−41=7m−2
−6m−41−7m=7m−2−7m
−13m−41+41=−2+41
−13m/−13=39/−13
m=−3
What mistake I guess Keith did make is he subtracted 2 from -39 which equaled to -37 which caused him divide -37 by 13 when it should have been 39 divided by 13 because he should have left 39 alone and not have subtracted 2 from it also it should not have been negative basically what I'm trying to say is that he did his division and subtraction wrong.
