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)=$10,580.69
Answer
2x - 7 = 4
Step-by-step explanation:
Answer:
We conclude that will rent be at the end of this year 937.125$.
Step-by-step explanation:
We know that we have budgeted $850 per month for rent. Your landlord has just informed you that your rent is being raised by 5% now and another 5% on December 1st.
We calculate
now, we get
We conclude that will rent be at the end of this year 937.125$.
Answer:
w=5
x=7
y=6
z=12
Step-by-step explanation:
hope this helps you
Answer:
9
Step-by-step explanation:
Mathematically, OPPOSITES are the same distance away from zero, but on opposite sides of zero on the number line. Use the drawing tools to plot a point at the opposite of each colored point. <u>The absolute value of 0 is 0. Two numbers are opposites if they have the same absolute value but different signs. Opposites are the same distance from 0 on a number line, and they are on opposite sides of 0. The opposite of 0 is 0.</u>
