You should choose c because parallel lines have the same slope
Answer:
The amount of the loan is $120,000 -10% + 2% = $110,400, assuming the "points" are added to the financed amount.
I find that the monthly payment will be
$848.89. There will be 360 such payments over 30 years, for a total payment amount of $30The amount of the loan is $120,000 -10% + 2% = $110,400, assuming the "points" are added to the financed amount.
R = Pi/[1 - (1+i)^(-n)] where
P = 110,400
R = the monthly payment
i = 8.5/[100(12)] = .007083...
n = 30(12) = 360 yielding
R = $848.88 per month.
Therefore, the total interest paid is 360(848.88) - 100,400.
5,600. Subtract the original principle (110,400) from that to get the interest paid.
hopes this helps :]
Answer:
y=2, x=-1
Step-by-step explanation:
We can add the two equations together to eliminate x:
6x+5y+(-6x)+7y=4+20
12y=24
y=2
We plug y into the first equation and get
6x+5(2)=4
6x+10=4
6x=-6
x=-1
1+0.7 is 1.7 is expanded form. Could I be brainliest?
