Answer:
£1,616.2
Step-by-step explanation:
1,496 - 149 = 1347
1347 + 269.20 = 1616.2
<u>The value of the expression is -35.</u>
<u>Step-by-step explanation:</u>
<u>Consider the provided expression.</u>
<u>3x + y </u>
<u>We need to find the value of the expression for x=13 and y=−74 .</u>
<u>Substitute the value of x=13 and y=−74 in the above expression as shown:</u>
<u>3 (13) + (-74)</u>
<u>39 - 74 </u>
<u>-35</u>
<u> the value of the expression is -35.</u>
It's one solution.
no matter how you solve it, it will equal j = 1.
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.
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<em>Additional comment</em>
In 7 years, the balloon payment will be $481,559.91.