Answer:
1 + 1 equals 2.
Step-by-step explanation:
When you take one of something, and you add it to another 1 of something, then you get 2 of something.
Answer:
5
Step-by-step explanation:
Answer:
The new mortgage repayment is $10,580.69
Step-by-step explanation:
As at the time Douglas lost his job,he has already made repayments on the mortgage for a period of 7 years,by extending the repayment period by another 7 years,Douglas now have a period of repayment of 30 years now(30-7+7).
The new repayment yearly can be computed using the pmt formula in excel as given below:
=pmt(rate,nper,-pv,fv)
rate is the interest rate on mortgage given as 4.25%
nper is the period of repayment now 30 years
pv is the current of balance of $177,533.62
fv is the total amount repayable on the mortgage and it is not known hence taken as zero
=pmt(4.25%,30,-177533.62,0)=$10,580.69
This equation basically says that a number plus 3/5 equals 2 so we can simply:
2 - 3/5 = x
Therefore x equals 1 & 2/5 or 1.4
The answer would be A) $79.20
(220*.4).9 as 60 percent off means that the product is only 40 percent of its original value, furthermore, we multiply the entire thing by .9