The answer would be 250000
There is a total loan cost formula:
number of payments = 12 * 30 = 360
where rate = MONTHLY loan rate = .05/12 =
<span>
<span>
0.004166666666666670
</span>
</span>total = rate * principal * number of payments / (1-[(1 +rate)^-n]
total = (<span>
<span>
0.004166666666666670
</span>
</span>
* 150,000 * 360) /
1 -[((1 +rate)^-n)]
total = (<span>
0.004166666666666670
</span>
* 150,000 * 360) /
1 - ((1.004166666666666670)^-360)
total = 225,000 / (1 -
<span>
<span>
<span>
0.223826595641353)
</span></span></span>total = 225,000 /
<span>
<span>
<span>
0.776173404358647
</span></span></span>
<span><span>total = 289,883.68
</span>
</span>
It is true that 3=4 times 3\4 because 4 times 3 equals 12 while 12 divided by 4 equals 3.
3=3 is true.
Answer:
Step-by-step explanation: