You want to take out a $266,000 mortgage (home loan). the interest rate on the loan is 4.3%, and the loan is for 30 years. your monthly payments are $1,316,36. how much will still be owed after making payments for 5 years?

  $241,736.77

Step-by-step explanation:

A financial calculator reports the future value of the loan after 60 payments to be ...

  $241,736.77

The applicable formula is ...

  A = P(1 +r/12)^(12·t) -p((1 +r/12)^(12t) -1)/(r/12)

Filling in P = 266,000, p = 1316.36, r = 0.043, t = 5, we get the above number for A, the remaining balance on the loan.

"a" determine whether sage found the correct quotient. show your work

step-by-step explanation:

answer: bea's uncle is 25 years old.

step-by-step explanation:

given the equation , we can say that the variable "x" represents the age of bea's uncle. then to find his age, we need to solve for "x":

we must add 15 to both sides of the equation:

now we need to divide both sides of the equation by 3:

therefore, we can conclude that bea's uncle is 25 years old.