The second option has a lower amount of interest paid.
In order to determine the loan option that minimizes loan payment, the future value of both loan options has to be determined.
FV = P (1 + r)^nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
<em><u>First loan option </u></em>
65000( 1 + 0.063/12)^300 = 312,707.21
<em><u>Second loan option </u></em>
65000( 1 + 0.048/12)^240 = 169,435.51
A similar question was answered here: brainly.com/question/23082103
Answer:
g>-3
Step-by-step explanation:
You divide -5 on both sides to get -3.
The simplest form of the expression is -10 + 8v + 32w
Given the expression
-10(-v+6w)-w-9(-3w-v)
First, we need to expand the given equation using the distributive law:
-10(-v+6w)-w-9(-3w-v)
= -10-v+6w-w-9(-3w)+9(v)
= -10-v+6w-w+27w+9v
Collect the like terms:
= -10 - v +9v + 6w - w+ 27w
= -10 + 8v + 32w
Hence the simplest form of the expression is -10 + 8v + 32w
Learn more here: brainly.com/question/14874506
18) (10)7d/10=35(10)
7d/7=350/7
d=50
21) 3/4 w=27
(4/3)3/4 w=27(4/3)
w=36
Hope this helps!
Hi! It is an irrational number. It cant be expressed in the p/q form.
Hope this helps! Have a good day! :)
