In this case we have an ARM fixed for 6 years and adjust after the initial first 6 years every 2 years after. The basic idea behind a ARM is that the interest changes periodically, but since our ARM is fixed for 6 years, our going to calculate the monthly payment during the initial period using the formula:
where
is the monthly payment
is the amount
is the interest rate in decimal form
is the number years
First we need to convert our interest rate of 4% to decimal form by dividing it by 100%:
We also know from our question that
and
, so lets replace those values into our formula to find the monthly payment:
We can conclude that the monthly payment during the initial period is $1071.58<span />
Step-by-step explanation:
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Hope I helped ! ♡
Have a wonderful day / night ! ツ
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Answer:
4m and ms are peanut
Step-by-step explanation:
9+2=11 and theres 15 total so 15-11= 4
I believe the anwser is c.
Answer:
Check below
Step-by-step explanation:
That's too bad you haven't attached a rectangle.
Here's an example, with the data you've typed in.
1) When we dilate a rectangle we either grows it or shrink it through a scale factor.
Check the first picture below.
The New Dilated Rectangle A'B'C'D' will follow its coordinates, when the <u>Center of Dilation is at its origin(Middle):</u>
2) But In this question, <u>B is the center of Dilation</u>. So, Since B is the Dilation Point B=B' . And More importantly:
3) So check the pictures below for a better understanding.