The Payans have just learned that the bank will approve them for a mortgage at an APR of 4.3% for 30 years if they meet the back-end ratio requirement. To determine whether they'll meet the requirement, the back-end ratio needs to be
calculated with the actually monthly payment rather than the estimate used in part A. Use this monthly payment formula
to calculate the Payans' monthly mortgage payment.
Monthly payment formula:
(1) (1 + )
M-
where
(1 + $)
M = monthly payment
p-principal
interest rate
t-number of years

Gexpressions: practice question 3 of 5 jackson wants to study the popularity of his music video by tracking the number of views the video gets on his website. the expression below represents the total number of views that jackson's video receives n days after he begins tracking the nu views, where b is the rate at which the number of views changes. alb)" select the statement that would accurately describe the effect of tripling a, the initial number of views before jackson beginst the rate at which the number of views changes, b, will triple. the total number of views the video has after n days, a(b)", will not change. the total number of days since jackson begins tracking views, n, will be reduced by one-third. the total number of views the video has after n days, alb)", will triple. submit