Answer:
1. The monthly payment is $689.5
2. The total amount to be paid is
$224,580.
Step-by-step explanation:
Salsa and Corn Broom all reached an agreement upon the price of $197,000.
- The plan on making a 30 percent down payment. This implies that the will pay 0.3 × $197,000 = $59,100
This leaves them with
$197,000 - $59,100
= $137,900 to pay.
The plan on financing this remaining amount at 6 percent for 20 years.
This means they will pay
0.06 × $137,900 = $8,274 for 20 years. This translates to the payment of $8,274 × 20 = $165,480 across the 20 years.
1. The monthly payment is the yearly payment divided by 12.
Which is $8,274 ÷ 12 = $689.5
2. The total amount to be paid is
$165,480 + $59,100
= $224,580.
Answer:
see explanation
Step-by-step explanation:
To determine which ordered pairs are solutions to the equation
Substitute the x and y values into the left side of the equation and if equal to the right side then they are a solution.
(- 1, - 6)
3(- 1) - 4(- 6) = - 3 + 24 = 21 = right side ← thus a solution
(- 3, 3)
3(- 3) - 4(3) = - 9 - 12 = - 21 ≠ 21 ← not a solution
(11, 3)
3(11) - 4(3) = 33 - 12 = 21 = right side ← thus a solution
(7, 0)
3(7) - 4(0) = 21 - 0 = 21 = right side ← thus a solution
The ordered pairs (- 1, - 6), (11, 3), (7, 0) are solutions to the equation
40/1 is the same 80/2 120/3 160/4
