Answer:
$768.54 (Approximate)
Step-by-step explanation:
Trey is taking out a loan for $85000. It is a 20-year loan with an APR of 5.85%.
Therefore, if we consider the interest rate is simple interest, then using the simple interest formula, the sum will become after 20 years
dollars.
Therefore, the monthly payment for the loan will be
dollars. (Answer)
To subtract fractions, find the LCD and then combine.
Exact form:
22/3
Answer:
Step-by-step explanation:
Find the last term of the sequence.
a1 = 8
d = -7
n = 30
a30 = 8 + (n - 1)*(-7)
a30 = 8 + (30 - 1)*-7
a30 = 8 + 29*-7
a30 = 8 - 203
a30 = -195
Sum = (a + L)*n/2
Sum = (8 + -195) * 30/2
Sum = - 187 * 15
Sum = - 2805
Answer:
the first one is the answer