The monthly payment on the mortgage is option C) $2537.44
<u>Step-by-step explanation</u>:
- Principal (P): $
295,000
- Rate (r): 6.3% = 0.063
- Number of times compounded (n): 12months
15 years = 180
- Number of years = 15
The formula is A = P(1 + r/n)^nt
⇒ A = 295000(1+0.063/180)^(180
15)
⇒ A = 295000(180.063/180)^2700
⇒ A = 295000 (1.00035)^2700
⇒ A = 758854.5
Interest = Amount - Principle
⇒ 758854.5 - 295000
⇒ Interest = 463854.5
∴ The monthly payment for 15 years = 463854.5 / (15
12)
The monthly payment on the mortgage = 2576.9 (approximately option C)
Answer:
26 m
Step-by-step explanation:
Perimeter = 92 m
Length = 8 m more than width
Width: 20 m
Therefore,
<h2>length=26 m</h2>
Answer:
<u><em>54</em></u>
Step-by-step explanation:
Answer:
Derided means to mock/scorn/express contempt for.
Step-by-step explanation:
it means that the monster is kind of blinded by his excessive pride of himself.
20 minutes because 9/9 is simplified to 1 as 5/5 is simplified to 1