Answer:
x= 128*
Step-by-step explanation:
180*-52*=128*
Since there was a down payment, the actual amount borrowed was
Amount borrowed, P=125000-25000=100000
interest, i = 4% (APR) = 0.04/12 per month (ASSUME compounded monthly)
Monthly payment = $577
To find the amortization portion of the first payment, we need the interest accumulated at the end of the first month (first payment)
= 100000*(0.04/12) = 333.33 (nearest cent)
Therefore amortization portion = $577-333.33 = 243.67 (to the nearest cent)
(by the way, if we need to know the amortization period, we have to use the amortization formula and estimate the number of months, n to give a monthly payment of 577 for the given principal. n can be calculated as 259.04 months, or over 21 years and 7 months).
Answer:
2.17
Answer and Explanation:
The critical value of z for 97% confidence interval is 2.17, which is obtained by using a z score table, that is: {eq}P(-2.17 < Z <...
Answer:
(5,-2)
Step-by-step explanation:
Midpoint formula
If we have coordinates (x₁,y₁) and (x₂,y₂), then the midpoint of these coordinates is determined by (x₁ + x₂)/2, (y₁ + y₂)/2. This forms a new coordinate you can call (x₃,y₃). The midpoint calculator will solve this instantaneously if you input the coordinates. Follow the steps above if calculating by hand.
For small numbers, it's easy to calculate the midpoint by hand, but with larger and decimal values, the calculator is the simplest and most convenient way to calculate the midpoint.
