Answer:
You have to find 3.25% of 205, 000 and then multiply it by 10. Then, you must add that answer to the 205,000. That will be the correct answer.
Answer:
67.5 percent (if you're rounding up 68 percent)
Step-by-step explanation:
10,500/15,540 which equals 0.675 turn this into a percent which is 67.5%
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
1st one is 512L
2nd one is 125mL
let me know if im wrong
Do you have the equation needed to solve for x?