Afamily is purchasing a house and needs to finance a $195,000 mortgage from the bank with an annual percentage rate (apr) of 5.3%. the family is financing it over 30 years and making monthly payments. what is the monthly payment?
group of answer choices

$541.67

$860.25

$1082.84

$1242.25

Monthly payment is $1082.84.

Solution:

Given data:

Principal = $195000

Rate per year =

Rate per month =

Time = 30 × 12 = 360 month

To find the monthly payment using formula:

If you simplify this using calculator, we get

Monthly payment = $1082.84

Option C is the correct answer.

Hence monthly payment is $1082.84.

i used to know how to do this in 7th but i forget easily

step-by-step explanation:

d. bc = 12 and ef = 16

step-by-step explanation:

we are given that δabc : δdef such that .

also, it is given that

so, from the options, we need that .

a.

b.

c.  

d.

as, we can see that only option d gives the same ratio as i.e. .

hence, the possible lengths are bc = 12 and ef = 16.