What is the quotient and remainder of 41 divided by 3
1 answer:
You might be interested in
Answer:
We get value of the value of b = 5
Step-by-step explanation:
Line AB passes through points A(−6, 6) and B(12, 3). If the equation of the line is written in slope-intercept form, y=mx+b, then m=m equals negative StartFraction 1 Over 6 EndFraction.. What is the value of b?
We have slope m:
We need to find value of b (y-intercept)
Using the point A(-6,6) and slope we can find b.
Using slope-intercept form, putting values of m and x and y we get the value of b:
So, we get value of the value of b = 5
The monthly payment on the mortgage is option C) $2537.44
<u>Step-by-step explanation</u>:
- Principal (P): $ 295,000
- Rate (r): 6.3% = 0.063
- Number of times compounded (n): 12months
15 years = 180
- Number of years = 15
The formula is A = P(1 + r/n)^nt
⇒ A = 295000(1+0.063/180)^(18015)
⇒ A = 295000(180.063/180)^2700
⇒ A = 295000 (1.00035)^2700
⇒ A = 758854.5
Interest = Amount - Principle
⇒ 758854.5 - 295000
⇒ Interest = 463854.5
∴ The monthly payment for 15 years = 463854.5 / (1512)
The monthly payment on the mortgage = 2576.9 (approximately option C)