Answer:
The new mortgage repayment is $10,580.69
Step-by-step explanation:
As at the time Douglas lost his job,he has already made repayments on the mortgage for a period of 7 years,by extending the repayment period by another 7 years,Douglas now have a period of repayment of 30 years now(30-7+7).
The new repayment yearly can be computed using the pmt formula in excel as given below:
=pmt(rate,nper,-pv,fv)
rate is the interest rate on mortgage given as 4.25%
nper is the period of repayment now 30 years
pv is the current of balance of $177,533.62
fv is the total amount repayable on the mortgage and it is not known hence taken as zero
=pmt(4.25%,30,-177533.62,0)=$10,580.69
Wait what....? No equal signs or inequalities...?
Answer:
Gerrard
Step-by-step explanation:
Let the size of each poster be 
Eve's poster portion painted will be
Gerrard's painted portion will be:
From the two inequalities, we find that 
is greater than 
by x/30
hence Gerrard has the larger blue section. His portion is 16.67% greater than Eve's
Answer:
3
Step-by-step explanation:
Answer:
500 kilometers
Step-by-step explanation:
The fuel (y) Karl has in his car is a function of the distance (x) Karl travelled. The amount of fuel (y) is dependent on the distance (x) Karl travelled.
On the y-axis, we have amount of fuel.
On the x-axis, we have distance travelled.
At the time Karl travelled when he had 200 liters of fuel (y) remaining in his car, he had travelled a distance (x) of 500 kilometers.
We know this by looking at the graph given. When x (distance) = 500, y (fuel) = 200.
