K>5
-3k-2<-17
add 3 on both sides
-3k<-15
divide by -3 on each side , when dividing each side by a negative number the sign switches
k>5
Answer:
correct option is C. $399,060
Step-by-step explanation:
given data
balloon mortgage = 7/23
initial payments = $915
time = 30 year
new payments = $895
solution
we know here that 7/23 is that loan has fixed rate = first 7 years.
so that initial payments for 7 years is here
initial payment = 7 × 12 × 915
initial payment = $76860
and
payments for 30 years when refinance her balloon
payments for 30 year = 30 × 12 × 895
payments for 30 year = $322200
so total financed cost paid for her house is
total financed cost = $76860 + $322200
total financed cost = $399,060
so correct option is C. $399,060
Answer:
Step-by-step explanation:
B or c
Mathematical model is a description of a system using mathematical concepts and language. The process of developing a mathematical model is termed mathematical modeling.