32 is 40% of?
32/40
32 ÷ 40 = 0.8
0.8 × 100 = 80
80
32 is 40% of 80.
Answer: The total interest paid on the mortgage is $179550
Step-by-step explanation:
The initial cost of the property is $300000. If he deposits $30000, the remaining amount would be
300000 - 30000 = $270000
Since the remaining amount was compounded, we would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 270000
r = 2% = 2/100 = 0.02
n = 12 because it was compounded 12 times in a year.
t = 25 years
Therefore,
A = 270000(1+0.02/12)^12 × 25
A = 270000(1+0.0017)^300
A = 270000(1.0017)^300
A = $449550
The total interest paid on the mortgage is
449550 - 270000 = $179550
Answer:
D
Step-by-step explanation:
Triangle Side Theorem: The two smaller sides of a triangle
must be greater than the largest side
8 + 9 > 16
Answer:
x≈3.35, or the square root of 11.
Step-by-step explanation:
Use the pythagorian therom. 3²+1.5²=x²
(Half of 3 is 1.5 and the line splits it in half)
