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
Yes good job you are correct
Answer:
yeet
Step-by-step explanation:
If 2 ounces = 240 calories
1 ounce = 120 calories
So 2/3 ounces = (2/3) * 120
= 80 calories
Your Answer Is 40 It’s Simple Really If You Kinda Think About It But Has A Fraction It Would Be 40/1
