Hello from MrBillDoesMath!
Answer:
Interest paid = $ 1,713,568.73
Monthly p[payment = $4913.25
Discussion:
From the "compound interest formula:
A = final amount
P = Initial amount (Principal)
r = yearly interest rate
n = number of years of accumulation.
In our case,
A = 350000( 1 + .052)^35 =
350000 (5.90) = (approx)
$2,063,568.73
Interest = $2,063,568.73 - 350000 = $ 1,713,568.73
There are 35 *12 = 420 months in 35 years. So the monthly payment would be ($2,063,568.73 / 420) = $4913.25
Thank you,
MrB
Answer:
I think they are asking the area of the triangle so we are going with that.
Step-by-step explanation:
Easiest way to do this is find the area of the incomplete square, and then cut that in half for the triangle.
so it is 4 cm wide
and 8 cm tall
length x width = area
8 x 4 = 32
32/2 = 16
So your answer should be 16 cm
X is basically a variable. Now the thing is, that variables do not have a definite value, and that they can have an infinite range of values. While solving an equation in algebra, you don't know what your answer is going to be therefore, the answer could be infinite! :)
