The monthly payment on the mortgage is option C) $2537.44
<u>Step-by-step explanation</u>:
- Principal (P): $
295,000
- Rate (r): 6.3% = 0.063
- Number of times compounded (n): 12months
15 years = 180
- Number of years = 15
The formula is A = P(1 + r/n)^nt
⇒ A = 295000(1+0.063/180)^(18015)
⇒ A = 295000(180.063/180)^2700
⇒ A = 295000 (1.00035)^2700
⇒ A = 758854.5
Interest = Amount - Principle
⇒ 758854.5 - 295000
⇒ Interest = 463854.5
∴ The monthly payment for 15 years = 463854.5 / (1512)
The monthly payment on the mortgage = 2576.9 (approximately option C)
A 120 watt light-bulb is a 0.120 kilowatt light bulb.
In one hour, it uses 0.120 kilowatt-hour of energy.
If electrical energy costs $0.20 per kilowatt hour, then that light bulb costs
(0.120 kilowatt-hour / hour) x (0.20 dollar / kilowatt-hour) =
(0.120 x $0.20 / hour) =
$0.024 / hour = <span>2.4¢ per hour </span>
Answer: B. 25%
Step-by-step explanation:
64-48 = 16
16/ 64= 0.25
0.25 x 100 = 25%
Answer:
The acceleration of the car will be 400 m/s².
Step-by-step explanation:
The acceleration of the car can be found using Newton second law:
Where:
F: is the net force = 200 N
m: is the mass = 500 g
a: is the acceleration =?
Then, the acceleration will be:
Therefore, the acceleration of the car will be 400 m/s².
I hope it helps you!
Answer:
The 40-ounce jar of peanut butter is cheaper per ounce.
Step-by-step explanation:
30-ounce jar:
6÷30=0.2
40-ounce jar:
7.2÷40=0.18
