Answer:
Step-by-step explanation:
is given value in dollars of a stock in t months after it is purchased.
a) Substitute 1 for t
V(12) = 
b) Find derivative for V
c) When V(t) = 75
d) As t tends to infinity, exponent being in negative t tends to 0
So V tends to 42(1-0)+36 = 78
The answer is <span>2(–4y + 13) – 3y = –29
Step 1: Express </span><span>x from the second equation
Step 2: Substitute x into the first equation:
The system of equations is:
</span><span>2x – 3y = –29
x + 4y = 13
Step 1:
</span>The second equation is: x + 4y = 13
Rearrange it to get x: x = - 4y + 13
Step 2:
The first equation is: 2x – 3y = –29
The second equation is: x = - 4y + 13
Substitute x from the second equation into the first one:
2(-4y + 13) - 3y = -29
Therefore, the second choice is correct.
The amount add to the borrower's monthly payment is $313.33.
Given that lender requires PMI that is 0.8% of the loan amount of $470,000.
A loan's PMI, or personal mortgage insurance, is a type of mortgage insurance used by lenders when making traditional loans such as home loans. A PMI helps cover the loss to the lender (bank) if the borrower stops making monthly mortgage payments on their home loan. Therefore, the PMI can be described as a kind of risk mitigation tool for the bank when the borrower defaults on their EMIs (monthly mortgage payments). So, PMI for a borrower is an additional cost or payment for the borrower on top of his monthly payments i.e. EMI.
Thus, the additional amount of dollars that the borrower has to pay for the PMI on his loan along with his monthly mortgage payments
= Principal Loan amount × (PMI/12)
= $470,000 × (0.8%/12)
= $470,000 × (0.008/12)
= $470,000 × 0.0006666667
=$313.333349
Hence, the additional monthly payment for PMI where lender requires PMI that is 0.8% of the loan amount of $470,000 is $313.33.
Learn more about mortgage payment from here brainly.com/question/10400598
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5.25 / .85 you would get 6.17~ but you cant sell 1/4th a cup, so you have to round up, making it 7 cups.
