Answer:
m=-12
Step-by-step explanation:
Let's solve your equation step-by-step.
1 / 3
m= −4
Step 1: Multiply both sides by 3.
3*(
1 / 3
m) = (3) * (−4)
m=−12
The condo costs $163,000, earns $2,986 per month, spends no more than 25% of her income, then if she pays $33,000 for the down payment, the remaining amount would be $130,000. Since 20% of the initial cost is only $32,600, she can adjust her down payment to 20.25% of the initial cost so that the annual payments would be less.
Is there any multiple choice answers?
