The cost of the mortgage is $81250
<h3>What are interests?</h3>
Interests are percentages of a principal
Given the following parameters
Principal = $65000
Rate = 7% = 0.07
Time = 5 years
<h3>Calculate the interest</h3>
I = PRT/100
I = 65000*0.07*25
I = 16,250
<h3>Determine the cost of the mortgage</h3>
Cost of mortgage = Principal + Interest
Cost of mortgage = 65000 + 16250
Cost of mortgage = 81,250
Hence the cost of the mortgage is $81250
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A ratio that compares two quantities measured in different units is a conversion factor!
Answer:
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Answer:
Step-by-step explanation:
4 - 2x - 8x > -6x - 16
4 - 10x > -6x - 16
4 - 4x > -16
-4x > -20
x < 5