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
Answer:
B is the answer sorry if it was wrong :)
Step-by-step explanation:
Answer:
Step-by-step explanation:
GIven that ,
Dividend is greater than Divisor by 642.
Therfore , let,
Dividend = x + 642.
Divisor = x
Quotient = 8
Remainder = 19.
We know that, Dividend = Divisor × Quotient + Remainder.
Therefore, x+642 + X.8 + 19.
X + 642 = 8X + 19.
642 - 19 = 8X - X
7X = 623
X = 623/7
X = 89.
Therefore, Divisor = 89
Dividend = X+642=731.
Answer:
brainly is the best app just sometimes qustions take a long time to get answered
Step-by-step explanation: