Answer:$728
Step-by-step explanation:
$156,000 less 20% is $124,800.
That is the amount that is being financed. If the rate is7% per year the first months interest is:
124,800*.07/12 = $728
You didn't ask but if the mortgage is like most conventional mortgages the 30 * 12 = 360 payments are all approximately equal, with less money expended on paying down the principal at first. Their equal payment would be: $830.30
Answer:
0, -1, -3
Step-by-step explanation:
f(x) = y = height of the line plotted
if you treat the x axis as the "ground" or "floor"....you're looking for the point when the graph "hits" the "floor", meaning zero height.
Thank you for letting me help :)
Filling in the boxes:
Top row outside box: 3c and 8
Second row outside box: - or -1
Inside box: -3c and -8
Expanded: -3c - 8
