Answer:
The answer is "0".
Step-by-step explanation:
Please find the correct question in the attached file.
Given value:

Formula:


Answer:
3) C) $792.50
4) D) $707.50
Step-by-step explanation:
3) Home price = $ 253,600
Mortgage rate = 3.75% APR
Therefore, monthly rate = 3.75% divide by 12
= 0.0375/12
= 0.003125
1st month interest = principle * 0.003125
= 253600*0.003125
=$792.50
3) Answer: $792.50
4) You paid $1500
The first monthly interest = $792.50
Principal paid in the first month = 1500 - 792.50
= $707.50
Answer: D) $707.50
Thank you.
Answer:
Frankly, substitution is almost always a better method. Graphing is a very precise and time consuming process where you have to calculate several..
Answer:
3/4
Step-by-step explanation:
1/4=2/8, 3/8,1/2=4/8, 5/8, 3/4=6/8