9514 1404 393
Answer:
a. $3,455.20
Step-by-step explanation:
The monthly payment is given by the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for loan amount P at annual rate r for t years.
For this mortgage, we use P = $530,000, r = 0.068, t = 30.
A = $530,000(0.068/12)/(1 -(1 +0.068/12)^(-360)) ≈ $3,455.20
The monthly payment is $3,455.20.
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<em>Additional comment</em>
In 7 years, the balloon payment will be $481,559.91.
Answer:
a. 60
b. -32
c. 3598
d. -6
Step-by-step explanation:
all you have to do is plug in the numbers that are given to you for the missing variables and then solve it regularly.
6×7+2×3
5×(-18)÷3-2
(6×10)^2-10÷5
(1-3)(1+2)
Answer:
11b+5
Step-by-step explanation:
Equation symbol is the name of what you are asking for
Answer:
StartFraction 9 Over 64 EndFraction
Step-by-step explanation:
He must add the square of half the x coefficient. That coefficient is 3/4, so half of it is 3/8 and the square of that is ...
(3/8)^2 = 9/64
Brian mus add 9/64 to boths sides of the equation.
