Answer:
1. The monthly payment is $689.5
2. The total amount to be paid is
$224,580.
Step-by-step explanation:
Salsa and Corn Broom all reached an agreement upon the price of $197,000.
- The plan on making a 30 percent down payment. This implies that the will pay 0.3 × $197,000 = $59,100
This leaves them with
$197,000 - $59,100
= $137,900 to pay.
The plan on financing this remaining amount at 6 percent for 20 years.
This means they will pay
0.06 × $137,900 = $8,274 for 20 years. This translates to the payment of $8,274 × 20 = $165,480 across the 20 years.
1. The monthly payment is the yearly payment divided by 12.
Which is $8,274 ÷ 12 = $689.5
2. The total amount to be paid is
$165,480 + $59,100
= $224,580.
They are able to have the same value as the negative sign is simply transferred to the inside. Either way 4 is being subtracted from 3.
First calculate the circumference. Usually this is the diameter times pi, but since we are told to estimate pi, the circumference equals 56 * 22/7 or 176 feet.
In 4 minutes, 4 * 60 = 240 seconds pass. In this time, a 20 second period will occur 240/20 = 12 times.
So we know that the rider rotates 12 times and each rotation takes them 176 feet, meaning that they will travel 12 * 176 = 2112 feet
Answer:
5370
Step-by-step explanation:
