The monthly payment for this purchase with a price of $450, a finance charge of $82.50, a down payment of $150, and 18 monthly payments is <u>c.) $21.25</u>.
<h3>What is the monthly payment?</h3>
The monthly payment is the periodic payment made to settle a mortgage loan.
When the total mortgage payment is determined, the monthly payment can be calculated as the dividend of the total mortgage payment and the number of monthly payments.
<h3>Data and Calculaitons:</h3>
Purchase Price: $450
Finance Charge: $82,50
Down Payment: $150
Number of Payments: 18
Total mortgage payment = $382.50 ($450 + 82.50 - 150)
Monthly payment = $21.25 ($382.50/18)
Thus, the monthly payment for this purchase with a price of $450, a finance charge of $82.50, a down payment of $150, and 18 monthly payments is <u>c.) $21.25</u>.
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Answer:Y=6
Step-by-step explanation:
Y=-x+7
For -x put 1 for the -x
So y=-1+7
Y=6
Answer:
x = 13
Step-by-step explanation:
Solve for x:
x + 4 = 17
Subtract 4 from both sides:
x + (4 - 4) = 17 - 4
4 - 4 = 0:
x = 17 - 4
17 - 4 = 13:
Answer: x = 13
Y=mx + b and passing by (1,1)
m= 6 (given), then y = 6x+b. Calculate b:
y = 6x + b
1 = 6(1) + b
b = -5
y = 6x - 5
Answer:
Every inch is equal to 9 feet
Step-by-step explanation:
45/5= 9