The monthly payment on the mortgage is option C) $2537.44
<u>Step-by-step explanation</u>:
- Principal (P): $
295,000
- Rate (r): 6.3% = 0.063
- Number of times compounded (n): 12months
15 years = 180
- Number of years = 15
The formula is A = P(1 + r/n)^nt
⇒ A = 295000(1+0.063/180)^(18015)
⇒ A = 295000(180.063/180)^2700
⇒ A = 295000 (1.00035)^2700
⇒ A = 758854.5
Interest = Amount - Principle
⇒ 758854.5 - 295000
⇒ Interest = 463854.5
∴ The monthly payment for 15 years = 463854.5 / (1512)
The monthly payment on the mortgage = 2576.9 (approximately option C)
Answer:
y + 7 = 
(x + 6)
Step-by-step explanation:
The equation of a line in point- slope form is
y - b = m(x - a)
where m is the slope and (a, b ) a point on the line
Here m = and (a, b ) = (- 6, - 7 ) , then
y - (- 7) = (x - (- 6) ) , that is
y + 7 = (x + 6)
Answer:
7/4 inches
Step-by-step explanation:
Longest bean sprout = 8/8 + 8/8
Longest bean sprout = 1 + 1
Longest bean sprout = 2
Shortest bean sprout = 2/8
Difference = 2 - 2/8
Difference = (16-2)/8
Difference = 14/8
Difference = 7/4
Hence the distance is 7/4 inches
Answer:
0
Step-by-step explanation:
![\left[\begin{array}{ccc}a&b\\c&d\end{array}\right] = ad-bc](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7Da%26b%5C%5Cc%26d%5Cend%7Barray%7D%5Cright%5D%20%3D%20ad-bc)
0(4)-4(0) = 0
