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:
(1, -7)
Step-by-step explanation:
the difference between -4 & 6 is 10 so you add 5 (half) to -4 or subtract from 6, this gives you 1
you do the same for -9 and -5, the midpoint for those being -7, I hope this helps
12/30 is = 0.4 x 100 = 40% can I have brainliest if its right?
Answer: w = 41
QU = 2(RT)
w + 41 = 2w
w = 41
Answer:
Part A is 34
Part B is 2
Step-by-step explanation:
This question did provide some clues to answer this question. Every week, the area covered by the algae is multiplied by 2^1.
To find the area cover increase by the algae per day, the exponent should be divided by 7 since there are 7 days in a week. Hence, every day, the area covered by the algae multiplies by 2^(1/7). In other words, 1 day after the algae was spotted, the area is 12.5 * 2^(1/7), which answers part B.
10 days after the algae was spotted, the area covered by the algae is 12.5 * 2^[(1/7)*10] = 33.6475... , which rounds up to 34 and answers part A.
