Answer:
The amount which she borrow as house loan is $ 48514.56
Step-by-step explanation:
Given as :
The house loan per month afford by Kylie = $1310
The period of loan = 25 Years
The annual rate compounded monthly = 8.4%
Principal = $ P
∵ The per month loan afford amount = $1310
So, The amount afford in 25 years = $1310 × 25 × 12
Or, The amount afford in 25 years = $393,000
<u>Now, from compounded method</u> :
Amount = Principal × 
Or, $393,000 = $ P × 
Or, $393,000 = $ P × 
Or, $393,000 = $ P × 
∴ P = $ 48514.56
Hence The amount which she borrow as house loan is $ 48514.56 Answer
Answer:
y=-4x+4
Step-by-step explanation:
The slope is Delta Y over Delta Y so the slope is -4. The Y intercept is at (0,4) sot the equations is y= - 4x +4
Answer:
Step-by-step explanation:
a) if the population at the beginning of the year 2000 was 7500 people,
The 1-year percent change in the city's population would be
3.6/100 × 7500 = 270
b) The population after 1 year is
7500 - 270 = 7230
The percentage of the previous value of the population to its new value for each year is
7230/7500 × 100 = 96.4%
c) the 1-year growth factor for the population of the city would be
(1 - 0.036)^1 = 0.964
d) the function, g that determines the population of the city (in thousands of people) in terms of the number of years t since the beginning of 2000 would be
g = 7500(1 - 0.036)^t
g = 7500(0.964)^t
Answer:
2
Step-by-step explanation:
