9514 1404 393
Answer:
a. $3,455.20
Step-by-step explanation:
The monthly payment is given by the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for loan amount P at annual rate r for t years.
For this mortgage, we use P = $530,000, r = 0.068, t = 30.
A = $530,000(0.068/12)/(1 -(1 +0.068/12)^(-360)) ≈ $3,455.20
The monthly payment is $3,455.20.
_____
<em>Additional comment</em>
In 7 years, the balloon payment will be $481,559.91.
Answer:
3/83
Step-by-step explanation:
Probability: the ways to get the desired result / all of the possible results.
To solve, plug in the values they give.
There are 6 packages of wild-caught shrimp from Honduras. (The desired result)
Now, to find all of the possible results, add the total number of packages together.
27 + 40 + 52 + 13 + 6 + 28 = 166
6/166 = 3/83
Thus, the answer is a 3/83 chance of getting a package of wild-caught shrimp came from Honduras.
C is greater than or equal to $40 (which means put the > sign with a line under it).
Let the three consecutive number be x,x+1 and x+2.
It is given sum of three consecutive numbers is 46.
So,x+x+1+x+2=46
3x+3=46.
Subtracting 3 both sides
3x=46-3
3x=43.
x= 
Since
is not an integer there is no true answer to this problem.
Answer:12
Step-by-step explanation: