9514 1404 393
Answer:
- loan: $157,823
- repaid: $378,000
- interest: $220,177
Step-by-step explanation:
For a loan value of 1, the monthly payment on a 30 year loan at 7% is ...
A = (0.07/12)/(1 -(1 +0.07/12)^(-12·30)) ≈ 0.00665302495
Then the amount repaid after 360 payments is ...
360A = 2.39508898 . . . times the principal amount
__
a) For a monthly payment of $1050, the principal can be ...
$1050/0.00665302495 ≈ $157,823
__
b) The amount repaid to the loan company is ...
$157,823×2.39508898 ≈ $378,000
__
c) The amount that is interest is ...
$378,000 -157,823 = $220,177
Answer:
x = 0.5 to the nearest 1/10.
Step-by-step explanation:
3^-x = x^3 + x
y = x^3 - 3^-x + x = 0
Using a graphing calculator to draw the graph of the above:
The graph crosses the x-axis at x = 0.4798
4x+6 = 5x-6
x=12
4(12)+6=54
The answer is 54 (The paper says C is 54, not 55)
Answer:
12
Step-by-step explanation:
First substitute the equation with the variable replacements given:
-r/9 + 5x <--- Before
-27/9 + 5(3) <--- After
Next Solve the parts of the Equation
-27/9 + 5(3)
-3 + 15 <--- -27 divided by 9 is -3, 5 times 3 is 15.
= 12 <--- 15 - 3 = 12.
I hope this helps!
