Scott decides to buy a $73,000 townhouse. He is going to use $6,000 he received as a graduation gift to make the down payment. He has been approved for a loan at 5.5% annual interest over 30 years. Using the answer from part B, what will be the total amount he will have to pay back for the loan over 30 years?
Part B answer was: 166.3024

$187,450

Step-by-step explanation:

5.5% of 73,000=$4,015

4,015*30=$120,450( Interest over 30 years time)

$120,450-$6,000=$114,450

$114,450+$73,000=$187,450(including house and interest)-(graduation gift)

26

step-by-step explanation:

step-by-step explanation: so we look at the formula un = a + (n-1)d

un is the amount of seats

n is the nth term aka row number

a is the original sequence/row number

d is the difference between each term

so in this a=22 d=6 and n can remain as n because we are simply formjng a rule

lets put these in the equation

un=22+(n-1)(6)

this is your answer to part a

however

lets double check that this is correct, we'll try putting it into the second term

un=a+(n-1)d

u2=22+(2-1)(6)

u2=22+6

u2=28

as the question said the second row has 28 seats so now we know the formula we made is correct.

as for part b

un=a+(n-1)

its asking us to find a row with 100 seats.

remember un was the amount of seata so all we do is substitute this in.

un=100 a=22 d=6

un=a+(n-1)d

100=22+(n-1)(6)

so now we simplify to find n which is the row number.

100-22=22+(n-1)(6)-22

78=(n-1)(6)

78/6=(n-1)(6)/6

13=n-1

13+1=n-1+1

14=n

so now we know that in the 14th row there is 100 seats.

hope this and that you understood! its my first time using the app or anyone out on here : p its also me to revise so a bunch! ask more questions if you dont understand ☺