-6.2 plus -4.8 is -11. add the 3.8 to get -7.2
-4.8 plus 3.8 is -1
-1 plus -6.2 is -7.2
-7.2=-7.2
Answer:
The new mortgage repayment is $10,580.69
Step-by-step explanation:
As at the time Douglas lost his job,he has already made repayments on the mortgage for a period of 7 years,by extending the repayment period by another 7 years,Douglas now have a period of repayment of 30 years now(30-7+7).
The new repayment yearly can be computed using the pmt formula in excel as given below:
=pmt(rate,nper,-pv,fv)
rate is the interest rate on mortgage given as 4.25%
nper is the period of repayment now 30 years
pv is the current of balance of $177,533.62
fv is the total amount repayable on the mortgage and it is not known hence taken as zero
=pmt(4.25%,30,-177533.62,0)=$10,580.69
Answer:
Step-by-step explanation:
Soh-cah-toa is a great way to remember:
You just remember the first letters : sine= opposite/hypotenuse , for example.
Answer:
1hr : 10min
Step-by-step explanation:
2 hrs = 120 min
1 hr : 60 min
so
1hr : 10min
