Select the three equations that have the same solution.
1 answer:
Answer:
B,C,D
Step-by-step explanation:
B= solve your equation step-by-step.
y
1.75
=4
Step 1: Multiply both sides by 1.75.
y
1.75
=4
(
y
1.75
)*(1.75)=(4)*(1.75)
y=7
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C= solve your equation step-by-step.
5y=35
Step 1: Divide both sides by 5.
=
Thus y=7
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D= solve your equation step-by-step.
22+y=29
Step 1: Simplify both sides of the equation.
y+22=29
Step 2: Subtract 22 from both sides.
y+22−22=29−22
y=7
------------------------------------------------------------
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Answer:
B
Step-by-step explanation:
The amortization period in months is:
30 years * 12 = 360 months
The monthly interest rate would be 5.25%/12 = 0.004375
The payment for monthly mortgage formula would be:
Where
E is the monthly mortgage payment
C is the cost of mortgage, cost is $150,000
r is the monthly rate of interest, which is 0.004375
n is the period, in months, which is 360
Substituting, we get our answer:
So, the correct answer is B
