Use the figure below. jonathan and marty boman purchased a home for $113,400. as first-time homeowners, the bank only requires a 5 percent down payment. the rest is financed at 6.5% for 30 years. what is the amount of their monthly payment?

the amount of monthly payment $680.85

Step-by-step explanation:

in this question the amount of monthly payment is required to be paid by Jonathan and Marty Boman who have purchased a home for $113,400.

As they have given 5% down payment

so,

5% of 113400 =( 5 / 100 ) * 113400

                      = 5670

the amount left to be paid = 113400 - 5670

                                            = 107730

from the table we get that if interest rate is 6.5 % and length of loan is 30 years then

No of thousands in $ 107730 = 107730 /1000

                                                 = $107.730

the amount of monthly payment =  107.730 * 6.32

                                                       = $680.85

i cant see the graph

step-by-step explanation:

step-by-step explanation:

points a and b are equidistant from the desired line, so the line you find by using them will go through point r.

using points other than a and b will give the desired line only if they are equidistant from r. if they are randomly located, the perpendicular line you create will not necessarily go through point r, hence will not be a solution to the problem.