The monthly payment on the mortgage is option C) $2537.44
<u>Step-by-step explanation</u>:
- Principal (P): $
295,000
- Rate (r): 6.3% = 0.063
- Number of times compounded (n): 12months
15 years = 180
- Number of years = 15
The formula is A = P(1 + r/n)^nt
⇒ A = 295000(1+0.063/180)^(18015)
⇒ A = 295000(180.063/180)^2700
⇒ A = 295000 (1.00035)^2700
⇒ A = 758854.5
Interest = Amount - Principle
⇒ 758854.5 - 295000
⇒ Interest = 463854.5
∴ The monthly payment for 15 years = 463854.5 / (1512)
The monthly payment on the mortgage = 2576.9 (approximately option C)
Answer:
Step-by-step explanation:
Let the line is 
where 
is slope and 
is 
.
The line is parallel to 
, slope of both the lines will be same.
Find the slope of
Slope of line
So the line will be 
It passes through 
.
Hence the line is 
Answer/Step-by-step explanation:
Note:
<u>Graphing From An Equation: </u>
Equation are frequently written in slope-intercept form { y = mx+b}.
Which "m" represents the slope and "b" represents the y-intercept.
<u>Solutions and Equation:</u>
Solutions to linear equations contain any points located on the graphed line.
Ordered Pair = Solution to an equation if it's values are substituted in the equation which makes it true
Solve:
{x = 0 } 3(0) - 4y = 12
-4y = 12 (0, -3 )
-4y/-4 = 12/-4
y = -3
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
{y = 0} 3x-4(0) =12
3x = 12 (4,0)
3x/3 = 12/3
x = 4
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
<u><em>~Lenvy~</em></u>
<span>(5 2/3+8 1/4)+9 3/4=n+18
</span><span>5 2/3+8 1/4+9 3/4=n+18
</span>5 2/3 + 18 = n + 18 | - 18
5 2/3 = n
