Amount of the mortgage after down payment is
160,000−160,000×0.2=128,000
Now use the formula of the present value of annuity ordinary to find the yearly payment
The formula is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv present value 128000
PMT yearly payment?
R interest rate 0.085
N time 25 years
Solve the formula for PMT
PMT=pv÷[(1-(1+r)^(-n))÷r]
PMT= 128,000÷((1−(1+0.085)^(
−25))÷(0.085))
=12,507.10 ....answer
Answer:
2:1
Step-by-step explanation:
4 pencils : 2 pens
simplify...
2 pencils : 1 pen
2:1
Hope this is helpful.
Answer:
y + 5 = 2(x−4)
Step-by-step explanation:
slope = 2
y = mx + b
-5 = 2(4) + b
-5 = 8 + b
-8 -8
------------------
-13 = b
y = 2x - 13, in other words --> y + 5 = 2(x−4)
So, y + 5 = 2(x − 4) is the equation of the line that passes through (4, -5).
Answer:
0.03919
Step-by-step explanation:
You take 1.984+1.96=3.944
3.944-0.025=3.919
3.919 into the percentage =0.03919
Answer:
I believe it's B!
Step-by-step explanation:
y=mx+b
y intercept is b
slope is m
y intercept is positive 5
slope is down 2 to the right 3
y= -2/3x+5
