Answer:
The monthly payment for the loan amount for 20 years is $806.167
Step-by-step explanation:
The principal loan amount= $ 50,000
The rate of interest = 7 %
the time period of loan = 20 years = 20 × 12 = 240 months
let the amount after 20 years = $ A
<u>From Compounded method</u>
Amount = Principal × 
or, A = 50,000 × 
or, A = 50,000 × 
Or, A = 50,000 × 3.8696
∴ Amount = $ 193,480
So, The amount after 20 years = $ 193,480
The monthly payment amount = $
= $ 806.167
Hence The monthly payment for the loan amount for 20 years is $806.167 Answer
Step-by-step explanation:
The general equation is y = mx + c...
The given equation is 2x + y = 6
Firstly, move everything on the left except the y to the right.i.e.
y = 6 - 2x
Secondly, rearrange the values on the right to look just like the general equation.
y = -2x + 6
The equation is now in proper general form because it matches the format laid down.
A)1:2
b)21:2
c)6:44 or 3:22
d)2:5
Answer:
Block 1 will move further than block 3.