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
soh cah toa
that is the saying I use
we will use cah
c is cos
a is ajacent
h is hypotinuse
to find cos K we need to do
adjacent / hypotenuse
can you do that and write it in the comments
A should be the correct answer
Answer:
x = -3
Step-by-step explanation:
When we add rational numbers we simply add or subtract the fraction or part of a whole so in this particular equation we would subtract 1 from 4 because adding a negative means the same thing. We then subtract 2/3 from 3 and get 2 1/3 Comment below if more details are required
