Answer:
yes the focus is (0,1/24)
Step-by-step explanation:
Answer:
Hey there!
The range is the possible y-values of any function. That's the definition, but identifying range takes practice, so let me know if you need any help with that.
Hope this helps :)
Sale price = 187500
20% down = 0.2 * 187500 = 37500
Loan amount = 187500-37500 = 150000
Interest = 4.65%/12 per month
Monthly payment = $1575
At the end of the first month, outstanding amount
= loan * interest rate - monthly payment
= 149006.25
Interest accrued during the first month
=150000*0.0465/12
= 581.25
Interest accrued during the second month
= outstanding amount at the end of the first month * (0.0465/12)
= 577.40
Total interest accrued during the first two months
= 581.25+577.40
= 1158.65 (to the nearest cent)
Yes I think it is correct.
