Tony addison obtained a 20-year, $45,000 mortgage loan from united savings with an interest rate of 8.5%. his monthly payment is
1 answer:
As given,
Loan amount is = $45000
Rate of interest = 8.5%
So, Tony's mortgage will attract an interest of:
= $3825 (this is yearly)
And for 1st month it will be = = $318.75
As given, the first month's payment is $390.60 and this covers the interest Additional amount ($390.60 - $318.75 = $71.85) is a payment against the principle.
Hence, the new principle after the 1st month is $71.85 less than $45000
= 45000-71.85 = $44928.15
Hence, the last option $44928.15 is the correct answer.
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Answer:
Multiply by ∛2 and translate the graph to left by 4 units.
Step-by-step explanation:
The initial function given is:
y = -∛(x - 4)
The transformed function is:
y = -∛(2x - 4)
Consider the initial function.
y = -∛(x - 4)
(Represented by Black line in the graph)
Multiply the function by ∛2. The function becomes:
y = -∛(x - 4) × ∛2
y = -∛(2)(x-4)
y = -∛(2x-8)
(Represented by Red line in the graph represents this function)
Translate the graph 4 units to the left by adding 4 to the x component:
y = -∛(2x-8+4)
y= -∛(2x - 4)
(Represented by Blue line in the graph)
The answer is the first choice - see picture for solution:
