The answer is $1071.43.
EXPLANATION
First, you need to know that with regards to this problem, loan and interest sums at $450,000 ($100,000+$340,000).
Next, divide it by 35 in order to find how much the payments will be on a per year basis.
$450,000/35 = $12857.14
Finally, divide it by 12 to find the monthly payments.
$12857.14/12 = $1071.43
The correct answer is B. x is greater than -2.
Answer:
A = $ 5137.65 .
Step-by-step explanation:
Amount = $3000
interest rate = 9 %
= 9/12 = 0.75%
compounded monthly for
time = 6 years.
= 6 × 12 = 72 months.
A = $ 5137.65
hence, the amount after compounding $3000 at the rate of 9% after 6 years is A = $ 5137.65 .
Answer:
we need a picture too
Step-by-step explanation:
