Answer: The total interest paid on the mortgage is $179550
Step-by-step explanation:
The initial cost of the property is $300000. If he deposits $30000, the remaining amount would be
300000 - 30000 = $270000
Since the remaining amount was compounded, we would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 270000
r = 2% = 2/100 = 0.02
n = 12 because it was compounded 12 times in a year.
t = 25 years
Therefore,
A = 270000(1+0.02/12)^12 × 25
A = 270000(1+0.0017)^300
A = 270000(1.0017)^300
A = $449550
The total interest paid on the mortgage is
449550 - 270000 = $179550
Answer:
480.18
Step-by-step explanation:
453+6%
Youre welcome
a discrete graph (I had to look this one up)
Answer:
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<h3>Given equations</h3>
- v + 8w = 4v and - m + 5n = - 2
<h3>Solve the first equation for v</h3>
- v + 8w = 4v
- 4v - v = 8w
- 3v = 8w
- v = 8w/3
<h3>Solve the second equation for n</h3>
- - m + 5n = - 2
- 5n = m - 2
- n = (m - 2)/5
Answer:
The expression used to represent g(x) as inverse of f(x) is 
Option B is correct.
Step-by-step explanation:
We are given:
We need to find the expression that could be used to verify g(x) is the inverse of f(x).
We know that 
is inverse of function
So placing value of f(x) in g(x)
So, the expression used to represent g(x) as inverse of f(x) is
Option B is correct.
We can also solve to prove that
