Answer:
$563.24
Step-by-step explanation:
The monthly payment on a mortgage loan is found using the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^(-12t))
where A is the monthly payment on a loan of P at interest rate r for t years.
Filling in the given values, we find the payment to be ...
A = $70,000×(0.09/12)/(1 -(1 +0.09/12)^(-12·30)) ≈ $563.236
The monthly payment is about $563.24.
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<em>Additional comment</em>
Many graphing calculators and all spreadsheets have functions that will do this calculation for you.
Answer:
C) 0.066...
Step-by-step explanation:
1/15 = 0.066...
You could eliminate B and C as 15 (numerator from question) is not a multiple of 10. You can eliminate A as the numerator of 15 from the question is larger than 10 and will result in a number less than 0.1.
Answer:
GCF = 3
Step-by-step explanation:
Express the numbers as a product of their primes.
42 = 2 × 3 + 7
30 = 2 × 3 × 5
45 = 3 × 3 × 5
Identify the prime factors common to all 3 numbers.
common prime factor = 3 , thus
GCF = 3
Answer:
Rock bundles:
950R+250
pop bundles:
1200P+300
Step-by-step explanation:
R=amount of rock bundles
P=amount of pop bundles
Rock bundles:
950R+250
pop bundles:
1200P+300
Answer:
y = -6/5x + 3
Step-by-step explanation:
y = mx + c (or b, depending on where you're from)
Slope = m = -6/5
y = -6/5x + c
You can sub (0, 3) and (5, -3) into y = -6/5x + c and they both have the same answer where c = 3
Therefore, the equation is y = -6/5x + 3
Hop this helps
