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ratelena [41]
3 years ago
11

You are purchasing a house 12 years from now. the estimated purchase price is $171,600.00. you want to make a 20% down payment.

how much do you need to save per month to reach your goal.
$245.96
$227.17
$238.33
$203.80
Mathematics
1 answer:
diamong [38]3 years ago
8 0
Answer:
$238.33

Explanation:
Assume that the amount you need to save per month is x.

You will be saving monthly for 12 years. This means that the amount you will save after 12 years is:
amount saved after 12 years = 12 * 12 * x = 144x

Now, you need to save 20% of $<span>171,600.00. We will first need to calculate this value.
20% of $</span>171,600.00 = 0.2 * <span>171,600.00 = $34320

Now, to know your monthly savings, equate the total amount saved in 12 years with the amount that needs to be saved and solve for x as follows:
144x = 34320
x = 34320 / 144
x = 238.33

This means that, to meet your goal, you need to save $238.33 monthly for 12 years.

Hope this helps :)</span>
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mihalych1998 [28]

Answer:

Y=4 X= -6 or (-6,4)

Step-by-step explanation:

Okay so

3x+10y=22

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  1. basically, it's like one big equation. First, subtract 3x from -3x which cancels out and gives us 0
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3x+10y=22

<u>-3x-8y=-14</u>

0+2y=8

Now that we have this, we can solve for y. in order to do this, we have to divide both sides by 2.

\frac{2y}{2}  =  \frac{8}{2}

From here we know that y=4 because the 2s cancel out leaving y and 8 divided by 2 is 4.

y= 4

Now we can fill in. You can pick any equation for this but I'm going to chose the first one.

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we can fill in 4 for y

3x+10(4)=22

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Next we are going to subtract 40 on both sides.

3x+40=22

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3x= -18

Next, we're going to divide -18 by 3.

\frac{3x}{3}  =  \frac{  - 18}{3}

The 3s cancel out leaving us x. -18 divided by 3 is -6.

x= -6

Hope this helped!! :)

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