Answer: the monthly payment is $1530.1
Step-by-step explanation:
The cost of the house is $319,000.
The down payment made is 20%. This means that the amount paid as down payment is
20/100 × 319000 = 63800
The balance to be paid would be
319000 - 63800 = $255200
We would apply the periodic interest rate formula which is expressed as
P = a/{[(1+r)^n]-1}/[r(1+r)^n]
Where
P represents the monthly payments.
a represents the amount of the loan
r represents the annual rate.
n represents number of monthly payments. Therefore
a = $255200
r = 0.06/12 = 0.005
n = 12 × 30 = 360
Therefore,
P = 255200/{6.0226 -1}/[0.005(6.0226)]
P = 255200/166.79
P = 1530.1
Answer:
1,305 remainder 0
6 7 8 3 0
− 6
1 8
− 1 8
0 3
− 0
3 0
− 3 0
0
Step-by-step explanation:
SOH CAH TOA
This is the acronym for all trigonometric ratios.
Sin. = opposite/hypotenuse
Cos. = adjacent/ hypotenuse
Tan. = opposite/ adjacent.
In this picture the OPPOSITE leg and the HYPOTENUSE is given to us. With this information we can apply the "TOA" ratio.
Sin. R = opposite/hypotenuse
Sin. R = 3/4 or 0.75
Use a calculator or table to find 0.75 in the sin. column.
The final answer should be 49.
Sin. 49 = 0.7547
Answer:
7 plus 12 equals 19.
7 minus 12 equals -5.
7 times 12 equals 84.
7 divided by 12 equals 0,583...
Answer:
$216
Step-by-step explanation:
6% of 1200 = 72
72x3=216
