Suppose you put 20% down on a home loan of $300,000 financed at an APR of 4.3%. Calculate the monthly payments if the length of the loan is for...
Round all answers to 2 decimal places.
a. 10 years
$
Number
b. 15 years
$ Number
c. 30 years

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37/3

step-by-step explanation:

step 1: simplify both sides of the equation.

7x+8(x+

1

4

)=3(6x−9)−8

7x+(8)(x)+(8)(

1

4

)=(3)(6x)+(3)(−9)+−8(distribute)

7x+8x+2=18x+−27+−8

(7x+8x)+(2)=(18x)+(−27+−8)(combine like terms)

15x+2=18x+−35

15x+2=18x−35

tep 2: subtract 18x from both sides.

15x+2−18x=18x−35−18x

−3x+2=−35

step 3: subtract 2 from both sides.

−3x+2−2=−35−2

−3x=−37

step 4: divide both sides by -3.

−3x

−3

=

−37

−3

x=

37

3

an = 22 + (n-1) *6

110 seats

step-by-step explanation:

an=a1+(n-1)(d)

a1 = 22   this is the first item in the sequence

d =6   this is how the sequence goes up

a)   an = 22 + (n-1) *6

b) a12 = 22 + (12-1) *6

    a12 = 22+11*6

  a12 = 22 +88

  a12 = 110