Answer:
see below
Step-by-step explanation:
When you must do the same tedious calculation several times with different numbers, it is convenient to let a spreadsheet program do it for you. Here, the spreadsheet function PMT( ) computes the payment amount for the given interest rate, number of payments, and loan amount.
The loan amount is 90% of the purchase price.
The total interest over the life of the loan is the sum of the payments less the original loan amount.
The total monthly payment is the sum of the loan payment and the monthly escrow amount, which is 1/12 of the annual escrow amount.
_____
Here, we computed the total of payments using the unrounded "exact" value of each payment. We take this to be a better approximation of the total amount repaid, since the last payment always has an adjustment for any over- or under-payment due to rounding.
Answer:
The answer is b
Step-by-step explanation:
Answer:
See step-by-Step explanation
Step-by-step explanation:
An linear equation is an equation that shows the relationship of 2 numbers, and when one variable decreases at a constant rate, the other will also decrease by a constant rate. One example is when you drive at a constant rate at 50 miles per hour. The distance is y miles, and the time is x hours. The linear equation is y=50x.
The answer is 30.
8 x 5 =40
40 - 10 = 30