$7.25, $7.25, $7.25, $7.25, $7.75, $8.00, $8.25, $18.50
1 answer:
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Answer:
$291,016.80
A is correct.
Step-by-step explanation:
You are applying for an 80/20 mortgage to buy a house costing $145,000.
Loan Formula:
Case 1:
Loan amount, P = 80% of 145000 = $ 116,000
Rate of interest, r = 4.75% = 0.0475
Time of loan, n = 30 years = 360 months
Substitute the values into formula.
Total payment for case 1: 605.11 x 360 = $217,839.60
Case 2:
Loan amount, P = 20% of 145000 = $ 29,000
Rate of interest, r = 4.75% = 0.07525
Time of loan, n = 30 years = 360 months
Substitute the values into formula.
Total payment for case 1: 203.27 x 360 = $73,177.20
Total amount of the mortgage = $217,839.60 + $73,177.20
= $291,016.80
Hence, The total amount of the mortgage is $291,016.80
Answer: 5, 3, , D
<u>Step-by-step explanation:</u>
-5 < 0 so f(-5) = | -5 | = 5
-3 < 0 so f(-3) = | -3 | = 3
6 > 0 so f(6) =
graph D <em>(since x can equal zero)</em>