Using it's formula, it is found that the monthly payments for the loan of the apartment is of $7,260.50.
<h3>What is the monthly payment formula?</h3>
It is given by:
In which:
- n is the number of payments.
In this problem, the parameters are given as follows:
P = 500000, r = 0.123, n = 12 x 10 = 120.
Hence:
r/12 = 0.123/12 = 0.01025.
Then, the monthly payments will be of:
A = 7260.50.
More can be learned about the monthly payment formula at brainly.com/question/26267630
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Answer:
94.8
Step-by-step explanation:
94.8 is the answer for 1st q
Answer:
B. (3,0)(0 ,-6)
Step-by-step explanation:
What is intercept.?
Intercept are those points where a given line cuts across a given axis.
So for the equation y = 2x - 6
To find the intercept we will bear in mind that we are looking for two points.
The point where the line cuts both the x axis and the y axis .
And to determine that, we will set both x and y to be equal to zero and then solve for both.
So let x = 0
Y = 2x -6
Y = 2(0) -6
Y = -6
One point = (0 ,-6)
Let y = 0
Y = 2x -6
0 = 2x -6
6 = 2x
X = 3
One point = (3,0)
The two points are
(3,0)(0 ,-6)
