Answer:
it=552
Step-by-step explanation:
with rounding it = 550
Answer:
50 dollars.
Step-by-step explanation:
19 x 25= 475
1,425 - 475= 950
950 divided by 19 is 50.
9514 1404 393
Answer:
a. $3,455.20
Step-by-step explanation:
The monthly payment is given by the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for loan amount P at annual rate r for t years.
For this mortgage, we use P = $530,000, r = 0.068, t = 30.
A = $530,000(0.068/12)/(1 -(1 +0.068/12)^(-360)) ≈ $3,455.20
The monthly payment is $3,455.20.
_____
<em>Additional comment</em>
In 7 years, the balloon payment will be $481,559.91.
Answer:
i don't now
Step-by-step explanation:
Answer:
Step-by-step explanation:
274.04/34=8.06(21)=169.26