The monthly payment would be $289.33
$104,000 - $24,000 = $80,000
$80,000 x %8.5 interest = $6,800
$80,000 + $6,800 = $86,800 (total being paid back)
12 (total of months in a year) x 25 (number of years) = 300
Divide $86,800 by 300 and your monthly payment is $289.33
Answer:
Associative property: a + (b + c), a – (b – c) ≠ (a – b) – c, a × (b × c) = (a × b) × c, and a ÷ (b ÷ c) ≠ (a ÷ b) ÷ c
When a = ½ and b = ¾
Now, for checking a × b = b × a, consider LHS and RHS.
LHS = a × b = ½ × ¾ = ⅜
RHS = b × a = ¾ × ½ = ⅜
Thus, LHS = RHS (Hence proved)
Step-by-step explanation:
Answer:
The solution is given below:
Step-by-step explanation:
As we know the value of k and r so the equation will be
