Dean took out a 10-year loan for $40,000 at an apr of 4% compounded monthly. what will his balance be after he has made exactly half of his monthly payments

The balance be after he has made exactly half of his monthly payments is $56881.4.

Step-by-step explanation:

Given : Dean took out a 10-year loan for $40,000 at an APR of 4% compounded monthly.

To find : What will his balance be after he has made exactly half of his monthly payments?

Solution :

Formula of monthly payment ,

Discount factor  

Where, Amount = $40,000

Rate r= 4% compounded monthly

Time = 10 years  

Now, put all the values we get,  

Half of the monthly payment is $807.345

Payment for 10 years is

The balance is $96881.4-$40000=$56881.4

Therefore, The balance be after he has made exactly half of his monthly payments is $56881.4.

step-by-step explanation:

what are the statements? and what do you mean by "216 2 1 6"?

(1, –1), (16, –4), (36, –6)

step-by-step explanation:

given that the function is

this can also be written as

we have to graph this function and check which list of points lie on the graph

see attachment for graph:

we find that the points lying are (1,-1) (16,-4) and (36,-6)

since square root is there we find that x can only be posiitve but y can be since square root both positive and negative.