Answer:
what is your question
Step-by-step explanation:
You did not post your question yet
Answer:
I need 5 Star
Step-by-step explanation:
Answer:
y=-1/2x+2
Step-by-step explanation:
If you are supposed to put it in slope-intercept form,(y=mx+b), then this would be the answer because the slope (m) is -1/2, and the y intercept is 2. I hope this helps :).
Answer:
9
Step-by-step explanation:
14/y=112/72
simplify 112/72 into 14/9
14/y=14/9
y=9
Since there was a down payment, the actual amount borrowed was
Amount borrowed, P=125000-25000=100000
interest, i = 4% (APR) = 0.04/12 per month (ASSUME compounded monthly)
Monthly payment = $577
To find the amortization portion of the first payment, we need the interest accumulated at the end of the first month (first payment)
= 100000*(0.04/12) = 333.33 (nearest cent)
Therefore amortization portion = $577-333.33 = 243.67 (to the nearest cent)
(by the way, if we need to know the amortization period, we have to use the amortization formula and estimate the number of months, n to give a monthly payment of 577 for the given principal. n can be calculated as 259.04 months, or over 21 years and 7 months).
