Answer:
3
Step-by-step explanation:
Hello,

48 divided by 12 = 7
Because 12x7=48
Hope this helped!
Loan amount, P = 225000
interest = 5.5%/12 per month
Monthly payment, A = 1000
At the end of 30 years,
Future value of loan (with zero repayment)
F1=225000*(1+.055/12)^(30*12)
=1167162.264
Future value of repayment, A=1000 per month
F2=

=

=913611.893
Therefore balloon payment
= F1-F2
=1167162.264-913611.893
=
253550.37 (to the nearest cent)
Answer:
375/x = 125
1. 375/x = 125 -- given. You are given this information.
2. 375 = 125x -- multiplication property. You are multiplying each side by x to cancel it out as a denominator.
3. 375/125 = 125x/125 -- division property. You are dividing each side by 125 to isolate x.
x = 3
0.6y + 0.02 = 0.3y - 0.4
Subtract 0.3y from both sides.
0.3y + 0.02 = -0.4
Subtract 0.02 from both sides.
0.3y = -0.42
Divide both sides by 0.3.
y = -1.4