${\text{Using the formula}} P(1+\frac{R}{100})^n\\\\ 128,000(1 +\frac{5.05}{100})^{15}\\\\ =128,000 \times (1.0505)^{15}\\\\=128,000 \times 2.0938\\\\=268,009.890$

Rose and Andrew has taken four points to lower their rate to 4.81% .

Amount after 15 years translates to, if rate of interest is 4.83 %

${\text{Using the formula}} P(1+\frac{R}{100})^n\\\\ 128,000(1 +\frac{4.83}{100})^{15}\\\\ =128,000 \times (1.0483)^{15}\\\\=128,000 \times 2.0290\\\\=259713.0404$

Cost of four points = 268,009.890 - 259,713.0404

= $8296.8496

3 0

3 years ago

Which statement is true about judy's method?

aniked [119]

A. Judy made a mistake between Steps 1 and 2
To factor $x^{2} - 16$ , you have to factor it as $(x-2)(x+2)(x-4)$ , not $(x-2)(x+8)$ , because that will leave an extra 6x because of 8x - 2x.

3 0

3 years ago

Read 2 more answers

What is the correct slope intercept form of the equation y + 16 = 3(x - 0) ?

Sindrei [870]

slope intercept form is just solve for y

y+16=3(x-0)

y+16=3(x)

y+16=3x

mius 16 both sides

y=3x-16

3rd option

8 0

3 years ago