Listed price = $1.4 million
Down payment = 20% of $1.4 million = 0.2 x 1,400,000 = 280,000
Amount left to pay = $1.4 million - 280,000 = $1,120,000
Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt) / r
where: PV = $1,120,000
r = 5% = 0.05
t = 12
n = 30 years.
1,120,000 = P(1 - (1 + 0.05/12)^-(12 x 30)) / 0.05
1,120,000 x 0.05 = P(1 - (1 + 1/240)^-360)
56,000 = P(1 - 0.2238)
P = 56,000 / 0.7761 = 72,148.83
Therefore, the monthly payment is $72,148.83
Hello from MrBillDoesMath!
Answer:
-52. None of the provided choices is correct
Discussion:
Following the usual order of math operations none of the provided answers is correct. The answer is
2*3 + 4- 62 = => * before + and -
(2*3) + 4 - 62= => 2*3 = 6
6 + 4 -62 = => 6 + 4 = 10
10 - 62 =
-52
Thank you,
MrB
90 degrees you are looking to your side
180 degrees you are looking behind you
around origin of 0,0
the image is flipped into the negative world if it is in posiitve or vice versa
If you would like to divide 2 by 1 6/7, you can do this using the following steps:
1 6/7 = 13/7
2 / 1 6/7 = 2 / 13/7 = 2/1 / 13/7 = 2/1 * 7/13 = 14/13 = 1 1/13
The correct result would be 1 1/13.
Answer:
same amount of money
Step-by-step explanation: