An amount of $350,000 is borrowed for a period of 30 years at an interest rate of 5.5%. the amortization schedule for this loan is below. payments of $1,987.26 are made monthly.

payment # payment interest debt payment balance
1 1,987.26 1,604.17 383.09 x
2 1,987.26 1,602.41 384.85 y
3 1,987.26 1,600.65 386.61 z

calculate the value of z, the balance of the loan at the end of month 3. round your answer to the nearest dollar.

how do i solve a problem like this?

the thermometer is precise but not accurate

step-by-step explanation:

x ≥ 18 is your answer

step-by-step explanation:

let "a number" = x

(2/3)x + 17 ≥ 29

isolate the variable (x). do the opposite of pemdas (parenthesis, exponent (& root), multiplication, division, addition, subtraction).

first, subtract 17 from both sides.

(2/3)x + 17 (-17) ≥ 29 (-17)

(2/3)x ≥ 29 - 17

(2/3)x ≥ 12

next, multiply 3/2 to both sides to isolate the x

(3/2)(2/3)x ≥ 12(3/2)

x ≥ 12(3/2)

simplify. multiply, then divide

x ≥ (12 * 3)/2

x ≥ (36)/2

x ≥ 18

x ≥ 18 is your answer

~

vertical asymptote .

horizontal asymptote .

step-by-step explanation:

given function is .

vertical asymptote is given by setting

denominator =0

when degree of numerator and denominator are same then divide first term of numerator by first term of denominator to get horizontal asymptote.