Answer:
Solve this equation. Enter your answer in the box. 75 â€"" 3. 5y â€"" 4y = 4y 6.
Itts gunna be 5/8 then 1/5 then 2/3 i believe :)
Hope this helps :D
P=1560000
APR=5.6%
monthly interest, i=5.6%/12=7/1500 [fractions keep exact values]
R=1+i=1+7/1500
# of periods, n=30 years = 360 periods
monthly payment, A
A=PR^n(i)/(R^n-1)
=1560000*(1+7/1500)^360*(7/1500)/((1+7/1500)^360-1)
=$8955.632
At the end of eight years,
number of periods, n1 = 8*12 = 96
If paid off at the end of 8 years, value of loan then
future value of principal
F1=PR^n1=1560000*(1+7/1500)^96=2439135.635
future value of payments
F2=A(R^n1-1)/i=8955.632*(1+7/1500)^96-1)/(7/1500)=1081485.620
Therefore the balloon payment
= future value of principal (owing) - future value of payments (paid)
=F1-F2
=2439135.635-1081485.620
=1357650.0152
Round to two places after decimal to get final answer.
31/50
Showing the work
Rewrite the decimal number as a fraction with 1 in the denominator
0.62=0.62/1
Multiply to remove 2 decimal places. Here, you multiply top and bottom by 10^2=100
0.62/1*100/100=62/100
Find the Greatest Common Factor (GCF) of 62 and 100, if it exists, and reduce the fraction by dividing both numerator and denominator by GCF=2,
62/2
_____=31/50
100/2
Therefore
X=31/50
In conclusion,
0.62=31/50
Answer:
X=4
Step-by-step explanation:
<h3>2^3*2^4=2^7=128</h3><h3>8*16=128</h3><h3 />
