Answer:
$66.5
Step-by-step explanation:
The cost, including tax, amounts to $850.00.
Down payment =$150
Amount after paying down payment = $850-$150=$700
Interest rate = 14 %
So, interest on $700 = 
So, c = $98
Total payment = amount financed + c = 700+98=$798
Now Joe finances the grill over 12 months
So, no. of payments = 12
Now Monthly payment = Total of payments ÷ number of payments
=798 ÷ 12
=$66.5
Hence Joe's monthly payments (principal plus interest) is $ 66.5
we need more info in order to solve this problem!
C) 24200
I have done by brute force. But could you tell me the name of this theory please to study it? Thank you.
Answer: I and II only
Step-by-step explanation:
Radius=0 and a point
Answer:
$2,476.67
Step-by-step explanation:
Data provided in the question:
Annual insurance amount paid = $0.40 per $100 on his $455,000 home
Monthly mortgage payments = $2325.00
Now,
Annual insurance amount = [ $0.40 ÷ $100 ] × $455,000
= $1,820
Therefore,
Monthly insurance amount = [ Annual insurance amount ] ÷ 12
= $1,820 ÷ 12
= $151.67
Therefore,
His total monthly payment
= Monthly mortgage payments + Monthly insurance amount
= $2325.00 + $151.67
= $2,476.67
