Answer:
$1,220,200
Step-by-step explanation:
The total of Mary's payments is ...
$3695.20/mo × 30 yr × 12 mo/yr = $1,330,200
The difference between this repayment amount and the value of her loan is the interest she pays:
$1,330,200 -110,000 = $1,220,200 . . . total interest paid
_____
Mary's effective interest rate is about 40.31% per year--exorbitant by any standard.
Answer:
2800 - 4000
Step-by-step explanation:
40 × 70 = 2800
50 × 80 = 4000
Answer:
1/5
Step-by-step explanation:
4/8-3/10=1/5
Answer:
Parallel
Step-by-step explanation:
the equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
given
4x + 2y = 10 ( subtract 4x from both sides )
2y = - 4x + 10 ( divide through by 2 )
y = - 2x + 5 ← in slope- intercept form
with slope m = - 2
and
y = - 2x + 15 ← is in slope- intercept form
with slope m = - 2
• parallel lines have equal slopes
then the 2 lines are parallel
