Amount of the mortgage after down payment is
160,000−160,000×0.2=128,000
Now use the formula of the present value of annuity ordinary to find the yearly payment
The formula is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv present value 128000
PMT yearly payment?
R interest rate 0.085
N time 25 years
Solve the formula for PMT
PMT=pv÷[(1-(1+r)^(-n))÷r]
PMT= 128,000÷((1−(1+0.085)^(
−25))÷(0.085))
=12,507.10 ....answer
Answer:
160
Step-by-step explanation:
there are 24 first class seats. 15% of the total number is 24. that would mean 5% of the total number is 8. 20 times 8 is 160.
Answer:
The weight of 12 tennis balls = 691. 2 grams
Step-by-step explanation:
The weight of each tennis ball = 57.6 grams
So, the weight of 12 balls = 12 x ( weight of 1 ball)
= 12 x 57.6 grams
= 691.2 grams
⇒12 balls weigh 691.2 grams
Hence, the weight of 12 tennis balls = 691. 2 grams
Answer:
5
Step-by-step explanation:
Principal clements needs to buy 10 packages
<em><u>Solution:</u></em>
Given that, Principal clements wants to buy a pencil for each of the 57 fourth graders in her school
The pencils come in packages of 6
Therefore,
Total number of students = 57
<em><u>Thus, divide 57 by 6 to get the number of packages clements need to buy</u></em>
<em><u></u></em>
<em><u>Substituting the given values we get,</u></em>
Thus principal clements needs to buy 10 packages
