Darlene ramirez bought a home for $140,000. she put 20% down with a mortgage rate of 7.5% for 25 years. what are her yearly payments?

The yearly payment is $ 10047.60 ( approx )

Step-by-step explanation:

Since, the yearly payment of a loan is,

Where, R is the annual rate of interest ( in decimals ),

P is the present value of the loan,

n is the time ( in years ),

Given,

A home is bought for $140,000 at 20 % down payment,

Thus, the present value of the loan, P.V. = 140000(100-20)%

= 140000 × 80 %

= 140000 × 0.8

= $ 112,000

Annual rate of interest, R = 7.5 % = 0.075,

n = 25 years,

Hence, the annual payment is,

2/3

step-by-step explanation:

the slope of a line is equal to the rise/run. in this case the line rises 2 units for every +3 units it moves

- (2, -7)

- lines r and s and lines t and u must be parallel