Sale price = 187500
20% down = 0.2 * 187500 = 37500
Loan amount = 187500-37500 = 150000
Interest = 4.65%/12 per month
Monthly payment = $1575
At the end of the first month, outstanding amount
= loan * interest rate - monthly payment
= 149006.25
Interest accrued during the first month
=150000*0.0465/12
= 581.25
Interest accrued during the second month
= outstanding amount at the end of the first month * (0.0465/12)
= 577.40
Total interest accrued during the first two months
= 581.25+577.40
= 1158.65 (to the nearest cent)
Answer:
1: she used the wrong formula
2: 36cubic feet
3: the strategy: knowing that to find the volume of a rectagle is l*w*h and subtituting in the correct numbers
Step-by-step explanation:
1: to find the volume of a rectangle is height*width*length
2: you multiply 6*5*1.2 and you should get 36 and sice you are finding volume it is cubic and the measurment
You would have to first distribute the -2 to the x+3 which gives you -2x-6. Then you would subtract the 4 which gives you -2x-10 on the left side. Now you have the equation -2x-10>4x+30. Move the 4x to the other side giving you -6x-10>30. Now add the 10 from the other side which leaves you with -6x>40. Now remember when you divide by a negative in an inequality, you HAVE TO flip the sign giving you the answer of x<-20/3.
