
You can see it's a geometric sequence because the ratio is constant (

).
The nth term of a geometric sequence:


It has to be the sum for term 4 through term 15, so n=4 and the number above the sigma is 15.
Your answer:
Answer:
The new mortgage repayment is $10,580.69
Step-by-step explanation:
As at the time Douglas lost his job,he has already made repayments on the mortgage for a period of 7 years,by extending the repayment period by another 7 years,Douglas now have a period of repayment of 30 years now(30-7+7).
The new repayment yearly can be computed using the pmt formula in excel as given below:
=pmt(rate,nper,-pv,fv)
rate is the interest rate on mortgage given as 4.25%
nper is the period of repayment now 30 years
pv is the current of balance of $177,533.62
fv is the total amount repayable on the mortgage and it is not known hence taken as zero
=pmt(4.25%,30,-177533.62,0)=$10,580.69
Answer:
I dont know.. sorry.......
Answer:
see the explanation
Step-by-step explanation:
<u><em>The complete question is</em></u>
The first three steps of completing the square to solve the quadratic equation x2 +4x -6= 0, are shown below.
Step 1: x2 +4x= 6
Step 2: x2 +4x+4=6+4
Step 3: (x +2)^2=10
What are the next 3 steps?
we have
step 4
Take square root both sides

step 5
Simplify

step 6
Solve for x
subtract 2 both sides


