9514 1404 393
Answer:
$7641.24
Step-by-step explanation:
The amortization formula tells the payment amount.
A = P(r/n)/(1 -(1 +r/n)^(-nt))
where principal P is paid off in t years with n payments per year at interest rat r.
Using the given values, we find ...
A = $7000(0.165/12)/(1 -(1 +0.165/12)^-12) = $7000×0.01375/(1 -1.01375^-12)
A = $636.77
The total of 12 such payments is ...
$636.77 × 12 = $7641.24
You will pay a total of about $7641.24.
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<em>Additional comment</em>
Since the payment amount is rounded down, the actual payoff will be slightly more. Usually, the lender will round interest and principal to the nearest cent on each monthly statement. The final payment will likely be a few cents more than the monthly payment shown here.
Answer:
5
Step-by-step explanation:
a polynomial has one quadratic factor and 3 linear factors. One of the linear factors has multiplicity two. What is the degree of the polynomial
A polynomial with one quadratic obtains the forms ( ax² +bx +c ) with 3 linear factors.
Suppose the three linear fractions are :
(x- P) (x-Q) (x- R)
∴
The polynomial = ( ax² +bx +c )(x- P) (x-Q) (x- R)
By factorization, the highest degree of the polynomial = 5
<span>They are each divisors of 6460.
</span>
<span>B. -6y = 12 is the asnwer</span>
