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Dahasolnce [82]
3 years ago
11

Melissa is purchasing a $160,000 home and her bank is offering her a 30-year mortgage at a 4.9% interest rate. In order to lower

her monthly payment, Melissa will make a 20% down payment and will purchase 3 points. What will her monthly mortgage payment be?
Mathematics
1 answer:
balandron [24]3 years ago
4 0

Answer:650.46

Step-by-step explanation:

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2 years ago
Serena brought a total of 135 notebooks and pencils for her students. Each notebook cost 1.75 and each pencil cost 0.35. The tot
natima [27]

Answer:

81 pencils

Step-by-step explanation:

1. Set up variables

Pencils = p

notebooks= n

2. Set up a system of equations

p+n= 135                             (The amount of supplies bought)

1.75n +0.35p = 122.85       (Equation for the cost)

3. Solve the system of equations (I'll use substitution)

    a)p= 135-n  (I just rearranged it)

    1.75n + 0.35p= 122.85

     b) Substitute the first equation into the second)

    1.75n + 0.35(135-n) = 122.85

     c) Solve!

    1.75n + 47.25 - 0.35n = 122.85

    1.4n = 75.6

     n= 54

Serena bought 54 notebooks!

4. Substitute the number of notebooks into the first equation

p +n = 135

p + 54= 135

p = 81

Serena bought 81 pencils!!!

I hope this helps!!!!

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Step-by-step explanation:

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3 years ago
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