3. A student bought a rental property for $30 000.00 down and monthly payments of $1100.00 for 5 years. What is the equivalent cash price if money is worth 5.25% compounded semi-
annually?

the answer is b.

step-by-step explanation:

by the trigonometric ratio tangent, tangent equals opposite divided by adjacent.

therefore, tan(50) equals ac/3

multiply each side by 3 to get: ac=3tan(50)

the answer is b.

a

step-by-step explanation:

when a number is between two straight lines it means the absolute value.

to find absolute value you need to know how many numbers is that number away from 0.

when finding absolute value the number will always come out positive

so absolute value of -3 is 3

absolute value of 3/2 is 3/2

absolute value of -2 is 2

absolute value of 3.5 is 3.5

absolute value of -1 is 1

now put these numbers in order:

a)   |-1|, |3/2|, |-2|, |-3|, |3.5|

$655.61 which is option c

step-by-step explanation:

price of house =   $146,000

initial rate = 3.5%

mortgaged paid in this = 3.5 % of $146,000

                                        =

                                        =$5110

the total years would be = 7

total mortgaged paid = 7 * $5110

                                      =$35770

remaining money = $146000-35770

                                =$110230

new mortgaged payment = 5 % of 110230

                                            =  

                                            =$655.61