Answer:
$66.67
Step-by-step explanation:
The calculation of first monthly mortgage payment is amortization is given below:-
Amount borrowed = Purchase first home cost - Down payment
= $190,000 - $38,000
= $152,000
Annual interest = ($152,000 × 5%) ÷ 12
= $7,600 ÷ 12
= $633.33 per month
Now,
First monthly payment = Mortgage payment - Annual interest
= $700 - $633.33
= $66.67
Hence, we simply applied the above formula.
Ann went (1) for his distance
Answer:
32 nd term
Step-by-step explanation:
The formula for the sequence is
n² + 1 ( that is 1 added to each square number )
Equate to 1025 and solve for n
n² + 1 = 1025 ( subtract 1 from each side )
n² = 1024 ( take the square root of both sides )
n = 
= 32
Answer:Exact Form:
4
√
5
Step-by-step explanation:
