Ok this is a linear equation that is descending and is in slope intercept form
Answer:
28/16071 as a decimal 0.00174226...
Step-by-step explanation:
Hope this helps!
Answer:
Annual payument (PMT)= $1,663.19
Step-by-step explanation:
Giving the following information:
Loan (PV)= $250,000
Monthly interest rate (i)= 0.07/12= 0.005833
Number of periods (n)= 12*30= 360 months
<u>To calculate the monthly payment, we need to use the following formula:</u>
Annual payument (PMT)= (PV*i) / [1 - (1+i)^(-n)]
Annual payument (PMT)= (250,000*0.005833) / [1 - (1.005833^-360)]
Annual payument (PMT)= $1,663.19
Answer:
5
Step-by-step explanation:
9 x 5/9
9/1 * 5/9
Rewriting
9/9 * 5/1
1 * 5/1
5
