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kvv77 [185]
3 years ago
5

PLEASE HELP <3

Mathematics
1 answer:
Archy [21]3 years ago
6 0

Answer:

n=21000.

Step-by-step explanation:

$3.60

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Hope dis helps :3  o(* ̄▽ ̄*)ブ

3 0
2 years ago
Read 2 more answers
Solve for the given time.
AlekseyPX

9514 1404 393

Answer:

  $319,525.64

Step-by-step explanation:

It appears you want the interest to accumulate for 15 years before you pay anything on the loan. The value of $180,000 appreciating at 3.9% annually will be ...

  $180,000·(1 +0.039)^15 = $319,525.64

If your lender allows you to wait 15 years before making any payment, your payment will be $319,525.64.

__

<em>Additional comment</em>

Home loans are usually paid with monthly payments computed from the formula ...

  A = P(r/12)/(1 -(1 +r/12)^(-12t))

where A is the monthly payment on principal P, r is the annual interest rate, t is the number of years.

For your $180,000 loan, the monthly payment is ...

  A = $180,000·(0.039/12)/(1 -(1 +0.039/12)^(-12·15)) ≈ $1322.44

The total of those payments is ...

  180·$1322.44 = $238,039.20

If you pay $1322.44 monthly on the loan, your total payment is $238,039.20.

3 0
2 years ago
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