9514 1404 393
Answer:
a. $3,455.20
Step-by-step explanation:
The monthly payment is given by the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for loan amount P at annual rate r for t years.
For this mortgage, we use P = $530,000, r = 0.068, t = 30.
A = $530,000(0.068/12)/(1 -(1 +0.068/12)^(-360)) ≈ $3,455.20
The monthly payment is $3,455.20.
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<em>Additional comment</em>
In 7 years, the balloon payment will be $481,559.91.
Answer:
what are the answers
Step-by-step explanation:
okay the answer is B. y=e^x+3
Answer:
Slope = -2.000/2.000 = -1.000
x-intercept = 3/1 = 3.00000
y-intercept = 3/1 = 3.00000
Answer:
x^2 - (4+13i)^2
Step-by-step explanation:
This product has the form (a-b)(a+b), which is a 'special product' equal to a^2 - b^2. Following this pattern, [x-(4+13i)][x-(4+13i)] = x^2 - (4+13i)^2. The 2nd term could be expanded if desired, but the above result is the most compact one possible.
