Find the unpaid balance on the debt. (round your answer to the nearest cent.)
after 6 years of monthly payments on $190,000 at 3% for 25 years.

unpaid balance is $156439.86

Step-by-step explanation:

present value= $190000

rate = 3% monthly = 3/12 = 0.25 % = 0.0025

time = 25 year  = 25 × 12 300

to find out

the unpaid balance

solution

first we calculate monthly payment

payment  = principal ( 1- (1+r)^(-t) /r )

and we put all value here

190000 = principal ( 1- (1+0.0025)^(-300) / 0.0025 )

principal = 190000 /  ( 1- (1+0.0025)^(-300) / 0.0025 )

principal = 901

so after 6 year unpaid is

present value  = principal ( 1- (1+r)^(-t) /r )

put here principal 901 and rate 0.0025 and time 300 - (year )

time = 300 - (6*12) = 300 - 96 = 228

payment   = 901 ( 1- (1+0.0025)^(-228) / 0.0025 )

payment  =  901 ( 713.63)

so unpaid balance is $156439.86

dilation scale factor 2: starting with δabc, draw the dilation image of the triangle with a center at the origin and a scale factor of two. notice that every coordinate of the original triangle has been multiplied by the scale factor (x2). dilation with scale factor 2, multiply by 2.

thus, the first answer choice, y = sec x, is the correct one