Aimee and Ben are purchasing a condominium and are financing $160,000. The mortgage is a 20 year 3/1 ARM with a cap structure of 1.5/10. What will their payments be for the first 3 years?

$1169.45

Step-by-step explanation:

Using the formula:

where;

Loan amount L = 160000

number of months (n) = 20 × 12 = 240

Lets assume that the interest rate per month c = 6.25% since it is not given.

i.e. (6.25/( 100*12) ) = 5.208 × 10⁻³

∴

P = $1169.45

x = ± 6i

step-by-step explanation:

x^2 = -36

take the square root of each side

sqrt(x^2) = sqrt(-36)

we know sqrt(ab) = sqrt(a) sqrt(b)

x = ±sqrt(36) sqrt(-1)

we know that sqrt (-1) = i

x = ± 6i

the equation cos(35) =a/25 can be used to find the length of bc what is the length of bc? round to the nearest tenth

step-by-step explanation: