Answer:
The interest rate is 0.0425%
Step-by-step explanation:
Mathematically;
I = PRT/100
From the question, I in this context is the difference between how much they have paid and the amount borrowed
Mathematically, this is ; 364,000-160,000 = 204,000
This is the interest
R is the rate = ?
T = 30 years
P is the amount borrowed = 160,000
thus, we have
204,000 = (160,000 * R * 30)/100
2040 = 4800000R
R = 2040/4800000
R = 0.000425 which is 0.0425%
Answer:
(x + 4)(x - 4)
Step-by-step explanation:
Answer:
$2,487.00
Step-by-step explanation:
27x53= 1431
33x32= 1056
1056 + 1431= 2487
Answer:
No
Step-by-step explanation:
It is not properly done.
It should be 0 hope it helps :)