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vesna_86 [32]
3 years ago
6

Math, Stumped me once more

Mathematics
1 answer:
EastWind [94]3 years ago
4 0

Answer:

B.Alternate\ Exterior\ Angles

Step-by-step explanation:

As\ the\ exterior\ angles\ lie\ on\ the\ opposite\ sides\ of\ the\ transversal,\\that\ cuts\ two\ parallel\ lines,\ the\ set\ of\ 'Alternate\ Exterior\ Angles'\ formed\\are\ equal.

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Answer:

Current monthly payment on their existing mortgage would be $1158.66

Step-by-step explanation:

Total cash value = $160,000

Down payment = 10% of 160,000

Down Payment = $16,000

Balance amount = 160,000 - 16,000 = $144,000

Monthly payment formula:

P=\dfrac{r(PV)}{1-(1+r)^{-n}}

where,

PV is present value of home, PV=$144,000

r is rate per period , r=\frac{9}{1200}=0.0075

n is number of period, n=30x12 = 360

P=\dfrac{0.0075\times 144000}{1-(1+0.0075)^{-360}}

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Monthly payment would be same for 30 years.

Thus, Current monthly payment on their existing mortgage would be $1158.66

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Step-by-step explanation:

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