You are ready to buy a house, and you have $20,000 for a down payment and closing costs. Closing costs are estimated to be 4% of
the loan value You have an annual salary of $36,000, and the bank is willing to allow your monthly mortgage payment to be equal to 28% of your monthly income. The interest rate on the loan is 6% per year with monthly compounding (.5% per month) for a 30-year fixed rate loan. How much can you offer for the house? $140,105
$154,501
$160,105
$162,017
The height of glass 1 is 7.6 so, you find the volume of glass 2,= 26.376 then you subtract the answer from 80 cubic cm to get the volume of glass 1 80 - 26.376 = 53.694 then you work backwards to get the height, which is 7.6