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Inga [223]
2 years ago
8

Can someone help me out please.

Mathematics
1 answer:
KATRIN_1 [288]2 years ago
5 0

Step-by-step explanation:

You need to reflect the shape along the line

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An investor obtains a balloon mortgage with the terms shown below.
Flauer [41]

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Answer:

  a.  $3,455.20

Step-by-step explanation:

The monthly payment is given by the amortization formula:

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for loan amount P at annual rate r for t years.

For this mortgage, we use P = $530,000, r = 0.068, t = 30.

  A = $530,000(0.068/12)/(1 -(1 +0.068/12)^(-360)) ≈ $3,455.20

The monthly payment is $3,455.20.

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<em>Additional comment</em>

In 7 years, the balloon payment will be $481,559.91.

6 0
3 years ago
Why is the grid in Example 1 a good way to<br> represent a percent?
Tems11 [23]

Answer:

percent means  <u>per hundred </u>

Between the 100 squares, 60 of them are shaded

so you do 60/100

it's kind of like correcting tests, you have 100 questions, you got 80 of them right so its going to be 80/100

when you calculate percentage, you do the fraction x 100

so it's 60/100 = 0.6 x100 = 60%

hope that answers your question

Don't hesitate to leave a comment if you are confused about something

Step-by-step explanation:

5 0
3 years ago
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What is a correct name for the angle shown?ROZROLSO ZRTSOZSRTST
Shalnov [3]

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3 years ago
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