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:
x^2-12x+27
Step-by-step explanation:
(x-3)(x-9)=x^2-3x-9x+27=x^2-12x+27
Answer: The probability lies between 0 and 1
Step-by-step explanation:
As from the given information probability of an event lies between 0% to 100% .
To convert percent into integer or fraction we have to divide it by 100
And
From the above the probability of an event lie between integers 0 to 1.
(x + 9) (x + 34)
9 * 34 = 306
9 + 34 = 43
Answer:
X = 9 and Y = 8
Step-by-step explanation:
We are to find the midpoint of the coordinates (13,15) and (5,1).
Using the midpoint formula;
M(X, Y) = [(x1+x2)/2, (y1+y2)/2]
X = (x1+x2)/2
Y = (y1+y2)/2
From the coordinates, x1 = 13, y1 = 15, x2 = 5 and y2 = 1
X = 13+5/2
X = 18/2
X = 9
Similarly;
Y = 15+1/2
Y = 16/2
Y = 8
Hence The Tourist Information Center is located at point X = 9 and Y = 8
