Find the value of x in each case:
1 answer:
Answer:
x = 45
Step-by-step explanation:
The angles labeled with the pink x are the same. Line V and Line X are parallel and alternate interior angles are equal when the lines are parallel.
We know the 3 angles inside the triangle and the sum of the angles of a triangle are 180
x+x+ 2x = 180
4x= 180
4x/4 = 180/4
x = 45
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The monthly payment on the mortgage is option C) $2537.44
<u>Step-by-step explanation</u>:
- Principal (P): $ 295,000
- Rate (r): 6.3% = 0.063
- Number of times compounded (n): 12months
15 years = 180
- Number of years = 15
The formula is A = P(1 + r/n)^nt
⇒ A = 295000(1+0.063/180)^(18015)
⇒ A = 295000(180.063/180)^2700
⇒ A = 295000 (1.00035)^2700
⇒ A = 758854.5
Interest = Amount - Principle
⇒ 758854.5 - 295000
⇒ Interest = 463854.5
∴ The monthly payment for 15 years = 463854.5 / (1512)
The monthly payment on the mortgage = 2576.9 (approximately option C)