Answer:
Option A,$ 1,832.91 is correct
Step-by-step explanation:
The monthly payment can be computed using the below pmt formula i excel shown below:
=pmt(rate,nper,-pv,fv)
rate is the monthly rate on the mortgage which is 17.5%/12=0.014583333
nper is the number of months of payment i.e 30*12=360
pv is the amount of the loan which is $125,000
fv is the total amount of repayment which is unknown
=pmt(0.014583333
,360,-125000,0)=$ 1,832.91
The correct option is A,$ 1,832.91 which is the amount of money they need to pay back on the mortgage for 360 months
The answer is 3
because 18/27 = 2/3
Answer:
take a more clear photo cant see well...
Step-by-step explanation:
but like if you re-take it ill help you....:)
Answer:
x=−2y+3 and x=y+6
Step-by-step explanation:
x+2y=3
x+2y+−2y=3+−2y
x=−2y+3
x−y=6
x−y+y=6+y
x=y+6
5+3r=4+4r
subtract 4 from both sides
1+3r=4r
subtract 3r from both sides
1=r
