Answer:
Try 1
Step-by-step explanation:
The difference between 3 and 4 is one.
Answer:
a. Total cost of the principal = $217,411.20
b. Interest for the mortgage loan = $104,911.20
Step-by-step explanation:
Total cost of the principal = Monthly payment * Number of years * Number of months in a year = $603.92 * 30 * 12 = $217,411.20
Total cost of the principal of the loan includes the mortgage loan amount and the interest for the mortgage loan. Therefore, the interest for the mortgage loan can be calculated as follows:
Interest for the mortgage loan = Total cost of the principal - Mortgage loan amount = $217,411.20 - $112,500 = $104,911.20
Answer:
b
Step-by-step explanation:
Answer:
1024 outcomes
Step-by-step explanation:
Within a particular single question, we can select only 1 correct answer from 2 options. The number of ways of doing this is 2C1 and this is 2
This means for each question, there are only 2 possible outcomes. Now for 10 questions, the total number of possible outcomes would be the outcome of each of the questions multiplied by one another.
That would be (2)^10 which is 1024 outcomes