Answer:
The Annual rate of interest for the mortgage is 1.8%
Step-by-step explanation:
Given as :
The mortgage principal = p = $167,000
The time period of mortgage = t = 20 years
The Amount paid towards mortgage in 20 years = A = $240,141
Let the Annual percentage rate on interest = r % compounded annually
Now, <u>From Compound Interest method</u>
Amount = Principal × 
Or, A = p × 
Or, $240,141 = $167,000 × 
or,
= 
Or , 1.437 = 
Or,
= 
or, 1.018 = 
Or,
= 1.018 - 1
Or,
= 0.018
∴ r = 0.018 × 100
i.e r = 1.8
So, The rate of interest applied = r = 1.8 %
Hence, The Annual rate of interest for the mortgage is 1.8% Answer
I think there are more protests in modern day times rather then in the earlier time periods, because people are now more aware of their rights, and how they influence the way their country is run. Also, nowadays most countries are democratic, meaning that everyone can express their opinions and people protest as a way of expressing their opinions about something.
Answer:
C
Step-by-step explanation:
Hope dis helps
Answer:
-7/6
Step-by-step explanation:
var y/ var x
5 to -2 is variation y ----> -7
-3 to 3 is variation x ---> 6