Answer:
The new mortgage repayment is $10,580.69
Step-by-step explanation:
As at the time Douglas lost his job,he has already made repayments on the mortgage for a period of 7 years,by extending the repayment period by another 7 years,Douglas now have a period of repayment of 30 years now(30-7+7).
The new repayment yearly can be computed using the pmt formula in excel as given below:
=pmt(rate,nper,-pv,fv)
rate is the interest rate on mortgage given as 4.25%
nper is the period of repayment now 30 years
pv is the current of balance of $177,533.62
fv is the total amount repayable on the mortgage and it is not known hence taken as zero
=pmt(4.25%,30,-177533.62,0)=$10,580.69
Answer:
656×756÷765+656+65=
Step-by-step explanation:
it was soo easy now i get what it is talking about no
The square root of 7 is roughly 2.6
The square root of 8 is roughly 2.8
Hence Euler's number is between
and
.
The answer is 38 degrees. It WOULD be -38, but difference can not be negative.
Answer:
Here
Step-by-step explanation:
The radius of any circle is half the diameter.
(24 in)/2 = 12 in
