Answer:
Size of each monthly payment = $161.69 per month
Step-by-step explanation:
Given:
Value of property = $20,000
Downpayment = 20%
Number of payment = 12 x 10 = 120
Interest rate = 4% = 4% / 12 = 0.33 %
Computation:
Loan balance = 20,000 - 20%
Loan balance = $16,000
A] Size of each monthly payment [In Excel]
Size of each monthly payment = PMT(0.33%,120,16000,0)
Size of each monthly payment = $161.69 per month
Answer:
○ 
Step-by-step explanation:
3 → 13 − 16
![\displaystyle \frac{Number\:of\:desired\:[favourable]\:outcomes}{Total\:number\:of\:possible\:outcomes} \\ \\ \frac{3}{12} = \frac{1}{4} = 25\%](https://tex.z-dn.net/?f=%5Cdisplaystyle%20%5Cfrac%7BNumber%5C%3Aof%5C%3Adesired%5C%3A%5Bfavourable%5D%5C%3Aoutcomes%7D%7BTotal%5C%3Anumber%5C%3Aof%5C%3Apossible%5C%3Aoutcomes%7D%20%5C%5C%20%5C%5C%20%5Cfrac%7B3%7D%7B12%7D%20%3D%20%5Cfrac%7B1%7D%7B4%7D%20%3D%2025%5C%25)
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So,
Write in prime factored form.
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What do you not understand
Answer:
$3.75
Step-by-step explanation:
You only have to multiply 3 pounds by the $1.25 to get the cost.
