I think it’s C totally didn’t copy anybody
11.11111111
you can round your answer
divide 27 by 9 you get 3
divide hundred by 9
you get your answer
Answer:
the cost is $26
i think ths answer would be help full
Answer:
-9,-4
Step-by-step explanation:
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 />