Answer: (b) Multiply the top equation by 3, multiply the bottom equation by 2, then add the equations.
Step-by-step explanation: the strat would eliminate a variable in this system
Darryl earns $10 per hour tutoring students after school. If Darryl tutored for 25 hours this month, how much money did he earn
2 answers:
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Answer:
Current monthly payment on their existing mortgage would be $1158.66
Step-by-step explanation:
Total cash value = $160,000
Down payment = 10% of 160,000
Down Payment = $16,000
Balance amount = 160,000 - 16,000 = $144,000
Monthly payment formula:
where,
PV is present value of home, PV=$144,000
r is rate per period ,
n is number of period, n=30x12 = 360
Monthly payment would be same for 30 years.
Thus, Current monthly payment on their existing mortgage would be $1158.66