Answer:
$66.67
Step-by-step explanation:
The calculation of first monthly mortgage payment is amortization is given below:-
Amount borrowed = Purchase first home cost - Down payment
= $190,000 - $38,000
= $152,000
Annual interest = ($152,000 × 5%) ÷ 12
= $7,600 ÷ 12
= $633.33 per month
Now,
First monthly payment = Mortgage payment - Annual interest
= $700 - $633.33
= $66.67
Hence, we simply applied the above formula.
This I my explanation for this question if it is helpful your welcome
Answer:
2x+4
Step-by-step explanation:
To find the m(slope) of our graph we can take two points from the graph, im going to use (0,2) and (1,8) the formula for slope is y2-y1/x2-x1
Plug the points in to get 8-2/1-0
The slope of this equation is 6.
For the y-intercept we just find where the line meets the y-axis and that is at 2.
The equation for this graph is y=6x+2
Answer:
1728
Step-by-step explanation:
12*12*12
