1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hoa [83]
2 years ago
5

Sonya took out a mortgage of $65,000 at 7% for 25 years. What is the cost of the mortgage?

Mathematics
2 answers:
JulsSmile [24]2 years ago
6 0

Answer:

$72,823

Step-by-step explanation:

just took test

Vika [28.1K]2 years ago
5 0

The cost of the mortgage is $81250

<h3>What are interests?</h3>


Interests are percentages of a principal

Given the following parameters

Principal = $65000

Rate = 7% = 0.07
Time = 5 years

<h3>Calculate the interest</h3>

I = PRT/100
I = 65000*0.07*25
I = 16,250

<h3>Determine the cost of the mortgage</h3>

Cost of mortgage = Principal + Interest

Cost of mortgage = 65000 + 16250
Cost of mortgage = 81,250

Hence the cost of the mortgage is $81250

Learn more on mortgage here: brainly.com/question/22846480

You might be interested in
5
taurus [48]

Answer:

6 feet

Step-by-step explanation:

Since there are 8 bricks and each brick is 9 inches long, that is a total of 72 inches. Now, you need to convert it from inches to feet. Since 1 foot is 12 inches, we need to divide 72 by 12 to get the number of feet. 72 / 12 is equal to 6.

6 0
3 years ago
Felicity put down 800 on a used car. She took out a loan to pay off the balance of the cost of the car. Her monthly payment will
jenyasd209 [6]
She would have paid 1,575 dollars plus the 800 down payment. The total would be $2,375.
8 0
3 years ago
Bill and Joe leave their house at the same time heading in opposite directions. If Bill is driving three times faster than Joe a
Arisa [49]

The problem statement gives you the relationship between their speeds, and it gives you information you can use to find their total speed. You solve this by finding the total speed, then the proportion of that belonging to Bill.

The total speed is (120 mi)/(3 h) = 40 mi/h.

The speed ratio is ...

... Bill : Joe = 3 : 1

so the speed ratio Bill : Total is ...

... 3 : (3+1) = 3:4.

Bill's speed is (3/4)×(40 mi/h) = 30 mi/h.

4 0
3 years ago
Which is bigger 0.05 or 50 %
Komok [63]

Answer:

50% because 0.05 is 5% :)

4 0
3 years ago
A rancher owns a rectangular piece of land that is 4.1 mi long and 2.5 mi wide. Find the units for the perimeter of the rectangl
Naddik [55]

Answer:

13.1mi

Step-by-step explanation:

Length(l) = 4.1mi

Breadth(b) = 2.5 mi

Perimeter of a rectangle = addition of all sides that is = l + l + b + b as a rectangle has 2 opposite equal length and also breadth.

Therefore perimeter = 4.1 + 4.1 + 2.5 + 2.5

= 8.1 + 5

=13.1 mi

I hope this was helpful, Please mark as brainliest

8 0
3 years ago
Read 2 more answers
Other questions:
  • Emily and a friend bought two tickets to see a soccer game. Each ticket cost $8.25. The friends paid a total of $24.40, which in
    7·1 answer
  • Vlad tried to solve an equation step by step.
    14·2 answers
  • PLEASE PLEASE PLEASE HELP<br> WILL GIVE BRAINLIEST<br><br> 2/5 x + -6 + 7/15 x
    5·2 answers
  • What is the value of 8x135
    11·2 answers
  • Determine whether the conclusion is based on inductive or deductive reasoning.
    8·1 answer
  • Please help as soon as possible
    8·1 answer
  • Help asap<br><br><br><br><br><br><br><br><br><br><br> 10 points
    11·1 answer
  • PLEASE HELP FAST GEOMERTY
    14·2 answers
  • Correct the mistake7.089 = 7.089×10−1<br> 1. 7.089×10 <br> 2. 7.089×100<br> 3. 7.089×102<br> 4. None
    13·2 answers
  • Fill in the blank (no word bank)
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!