By applying the formulas of present and future values of annuity we can solve this problem. In this mortgage problem, first we have to find loan amount after the down payment. It is 699,000 - 699,000 * 0.2 = 559,200$. We have to set it as PV (Present Value) of annuity. Using the PV formula ![PV = A \frac{[1- \frac{1}{(1+r)^{N}}]}{r}](https://tex.z-dn.net/?f=%20PV%20%3D%20A%20%5Cfrac%7B%5B1-%20%5Cfrac%7B1%7D%7B%281%2Br%29%5E%7BN%7D%7D%5D%7D%7Br%7D%20)
, we first find A, which is an annual payment. Exact calculation with mortgage calculator gives us A = 33,866.56$. After finding it, plugging this number into FV (Future Value) formula ![FV = A\frac{[(1+r)^{N}-1]}{r}](https://tex.z-dn.net/?f=%20FV%20%3D%20A%5Cfrac%7B%5B%281%2Br%29%5E%7BN%7D-1%5D%7D%7Br%7D%20%20%20)
, we find the value of the future value and it is 1,185,329.66$. And the total financial charge is 1,185,329.66 - 559,200 = 626,129.66$
Answer:
(a+b)^2 if a©+2b
Step-by-step explanation:
i not sure
Answer:
The correct option is 4
Step-by-step explanation:
The solution is given as
Now for the initial condition the value of C is calculated as
So the solution is given as
Simplifying the equation as
So the correct option is 4
Suppose that a>b>1, then
and 
Therefore, since 2<3<7, 
Choose an arbitrary x>1. You have that a takes the greatest values at x, c takes the smallest value at x. Thus,
a>b>c and
Answer: correct option is B.
Answer:
x+3
Step-by-step explanation:
21=7x3. Hence answer is 3
