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BabaBlast [244]
3 years ago
9

In the 1980s an average mortgage rate was around 18.5 how much less per month would a 150000 30 year mortgage by today if the cu

rrent rate were 5 %
Mathematics
1 answer:
lianna [129]3 years ago
7 0

Answer:

  $1516.69 per month less

Step-by-step explanation:

The formula for the monthly payment A on a loan of principal P, annual rate r, for t years is ...

  A = P(r/12)/(1 -(1 +r/12)^(-12t))

For the 18.5% loan, the monthly payment is ...

  A = 150000(.185/12)/(1 -(1 +.185/12)^(-12·30)) ≈ 2321.92

For the 5% loan, the monthly payment is ...

  A = 150000(.05/12)/(1 -(1 +.05/12)^-360) ≈ 805.23

The mortgage at 5% would be $1516.69 less per month.

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The relation of 10 squares to 100 squares can be expressed in many ways. Which of the following is not a way to express the rela
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As there are no options given in the question, but the options in the complete question are;

a) 2/10b) 20%c) 0.02d) 0.2

So, from the given options "c" is not a way to express this.

we can write 20/100 as 2/10 so option a is a way to express given relationship. and if we look at option b, it is also a way to express 20 from 100 is 20%. And if we divide, we get 20/100 = 2/10 = 0.2, so d is also a way to express given relationship. Thus, c is the answer.

Step-by-step explanation:As there are no options given in the question, but the options in the complete question are;

a) 2/10b) 20%c) 0.02d) 0.2

So, from the given options "c" is not a way to express this.

we can write 20/100 as 2/10 so option a is a way to express given relationship. and if we look at option b, it is also a way to express 20 from 100 is 20%. And if we divide, we get 20/100 = 2/10 = 0.2, so d is also a way to express given relationship. Thus, c is the answer.

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Considering the slopes of the segments, the correct option is:

D. No, because the triangle ABC doesn't have a pair of perpendicular sides.

<h3>When are lines parallel, perpendicular or neither?</h3>

The slope, given by <u>change in y divided by change in x</u>, determines if the lines are parallel, perpendicular, or neither, as follows:

  • If they are equal, the lines are parallel.
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  • Otherwise, they are neither.

Here, we have to find if there are perpendicular segments, that is, if two slopes multiplied have a value of -1, then:

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No sides are perpendicular, hence option D is correct.

More can be learned about slopes at brainly.com/question/20847660

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