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1 answer:
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m x H =
Step-by-step explanation:
Step 1; Multiply 5 with this matrix and we get a matrix
Multiply the fraction with the matrix
and we get
Step2; Now equate corresponding values of the matrices with each other.
-5 = and so on. By equating we get the value of m as
Step 3; Add the matrices to get the value of matrix m.
Adding the three matrices on the RHS we get .
Step 4; Adding the matrices on the LHS we get the resulting matrix as H +
. Equating the matrices from step 3 and 4 we get the value of H as
Step 5; Now to find the value of m x H we need to multiply the value of with the matrix
Step 6; Multiplying we get the matrix m x H = [ -25
]
Answer:
Option a - $9,314.45
Step-by-step explanation:
Cost of the house = $268,500
Time of repayment = 30 years
Repayment is done monthly, so number of repayments = 30 X 12 = 360
Monthly Payment = $1595.85
Rate of interest per payment period =
So, Present value of monthly payments = 1595.85 X
= $259,185.55
So, Vanessa's down payment = $268,500 - $259,185.55 = $9,314.45
Hope it helps.
Thank you !!