Answer:
$198,859.03
Step-by-step explanation:
The amortization formula is good for this. Fill in the given numbers and solve for the unknown.
A = P(r/n)/(1 -(1 +r/n)^(-nt))
where A is the monthly payment, P is the principal amount of the loan, r is the annual interest rate, n is the number of times per year interest is compounded, and t is the number of years.
1340.00 = P(0.0525/12)/(1 -(1 +0.0525/12)^(-12·20)) ≈ 0.00673844·P
P ≈ 1340/0.00673844 ≈ $198,859.03
The family can afford a loan for $198,859.
<span>The goal in simplifying numbers
is to reduce it that can be best seen in the eye. Also in
converting units, you must take note of the units given in the problem. If you
don’t, you would get a lot of errors. Length is the measure of distance and can
be best represented by either in SI units or English units. Example of an SI unit is meter, m, and English
unit is feet, ft. You are given 3 inches and 2 feet. You can convert any of the
numbers into a number that would feel comfortable to you. I will take 3 inches.
Note that there are 12 inches in 1 feet. So divide 3 by 12 and you will get ¼ feet.
Then divide 2 feet to ¼ feet and you will get 8.</span>
Answer:
His book was opened at Page no.296 and Page no.297
Step-by-step explanation:
Let the page number of one page be x
Page number of page facing page no. x = x+1
We are given that the product of the facing pages was 87,912.
So, x(x+1)=87912
(x+297)(x-296)=0
x=296,-297
Since Page no. cannot be negative
So, x=296
x+1=296+1=297
So, his book was opened at Page no.296 and Page no.297
The answer to 3 3/16 divided by 3/8 is 8 1/2. This is because you have to turn the mixed number into an improper fraction and then divide by the method of keep change flip in order to get your answer
At x=2, y=4
At x=4, y=16
So the total change in y from x=2 to x=4 is 16-4=12
And since average rate of change = total change in y divided by total change in x within the same period, therefore the answer is 12/2 = 6
Hope that helps. Let me know if you have any questions.
