9514 1404 393
Answer:
- loan: $157,823
- repaid: $378,000
- interest: $220,177
Step-by-step explanation:
For a loan value of 1, the monthly payment on a 30 year loan at 7% is ...
A = (0.07/12)/(1 -(1 +0.07/12)^(-12·30)) ≈ 0.00665302495
Then the amount repaid after 360 payments is ...
360A = 2.39508898 . . . times the principal amount
__
a) For a monthly payment of $1050, the principal can be ...
$1050/0.00665302495 ≈ $157,823
__
b) The amount repaid to the loan company is ...
$157,823×2.39508898 ≈ $378,000
__
c) The amount that is interest is ...
$378,000 -157,823 = $220,177
Answer:
The supplement of 89° is the angle that when added to 89° forms a straight angle (180° ).
Step-by-step explanation:
Answer:
8/25
Step-by-step explanation:
8/25 • 2/1 = 16/25. To work this backward, you need to know that any whole number can be converted into a fraction by putting the number over one. 2 = 2/1. divide 16 by 2 and you get 8, and that 8 goes over 25. Then, set up your equation. 2/1 • 8/25 = 16/25.
Hello,
answer A
4x+2y=11
x-2=-2y==>2y=-x+2
4x-x+2=11==>3x=9==>x=3
2y=-3+2==>y=-1/2
Recognize that both 0.96 and 0.144 are divisible by 12:
(0.96/12) / (0.144/12) = 0.08 / 0.012. This reduces to 0.02 / 0.003, or
20/3 or approx. 6.666.
You could also begin by eliminating the decimal fractions. Mult. 0.96 and 0.144 each by 1000 results in 960/144.
Since both 960 and 144 can be divided evenly by 24, we get 40 and 6.
40/6 = 20/3, or approx. 6.666, as before.
