In this case we have an ARM fixed for 6 years and adjust after the initial first 6 years every 2 years after. The basic idea behind a ARM is that the interest changes periodically, but since our ARM is fixed for 6 years, our going to calculate the monthly payment during the initial period using the formula:

where

is the monthly payment

is the amount

is the interest rate in decimal form

is the number years
First we need to convert our interest rate of 4% to decimal form by dividing it by 100%:

We also know from our question that

and

, so lets replace those values into our formula to find the monthly payment:


We can conclude that the monthly payment during the initial period is $1071.58<span />
The following list shows how many brothers and sisters some students have: 3, 4, 3, 5, 6, 2, 5, 4, 5, 4, 6, 5, 3 State the mode.
omeli [17]
I believe the mode is 5 because there are four 5’s which is the most of a certain number in this list.
Answer:
(p • 10) - (p • 2)
Step-by-step explanation:
To be doubly sure of your answer, do the actual mult.:
p(10-2) = 10p - 2p. This is equivalent to (p • 10) - (p • 2) (Answer D).
Answer:
M + $13.72 = $58.22
Step-by-step explanation:
Manny and Sam combined (+) have a total (=) of $58.22
M + S = $58.22
M + $13.72 = $58.22
X^2=256
x=±√256
x=±16
x=-16 and 16