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Korolek [52]
3 years ago
15

Demarco and Tanya have received information about three separate mortgage offers. In two or three paragraphs, describe your reco

mmendation for the best financial choice in their situation. Evaluate each of the three offers, compare and contrast their effectiveness, and explain the offer that works best. As you explain your answer, support it using reasons and evidence from the calculations you made based on the information provided in this guide.
Mathematics
1 answer:
Mars2501 [29]3 years ago
6 0

Answer:

Mortgage option (3) would be best suited for them.

Step-by-step explanation:

Mortgage option (1) and (2) are more or less the same since, since even if Damarco and Tanya down payments $34,000 (20% of the purchase price), they need to pay the interest for 30 years for both of the cases and even if he pays  about $750   monthly (as for option (1)) or about  $ 9000 annually (as  for option (2))  both may actually be more or less the same amount  since, the annual rate of interest in (2) may increase from the initial rate of 3.5% (but it is very unlikely to increase to over 5%) and option (1) has an annual  fixed rate of interest of 4.25%.

Now, in the option (3) the interest is to be paid for 8 years and the annual rate of interest is also relatively low (only 4%) and if they pay about $18,000 annually with a down-payment of $ 34,000 and  repay the rest of the amount at the end of 8 years,(which would be less than $ 35,000)  they can easily clear their mortgage. Hence, for option (3) they would need to pay lowest total amount and for lowest time to clear the mortgage among the three options. Hence, this would be best suited option for them.

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mr Goodwill [35]

Answer:  A) ΔABD ≡ ΔECD

<u>Step-by-step explanation:</u>

Match up the letters of the congruent sides.

AD = ED      and    BD = CD

A D                        B D           →     ABD

E D                        C D           →     ECD

This can be written in any order as long as the letters are matched properly.   A & E,   D & D,   B & C

ADB          or        BDA       or     ...

EDC                      CDE

The only correct option provided is option A.

6 0
4 years ago
Read 2 more answers
Need help plz.......
Maru [420]

Answer:

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8 0
3 years ago
What is the volume of the cube shown?
Fudgin [204]

Answer:

11 25/64 in ^3

Step-by-step explanation:

Volume of a cube is given by

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5 0
3 years ago
15.12 State SAT scores. The correlation between the average SAT Mathematics score in the states and the percent of high school s
NikAS [45]

Answer:Answer: A negative correlation shows the relationship between two variables.

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8 0
3 years ago
Type the correct answer in the box. Use numerals instead of words. If necessary, use / for the fraction bar.
LekaFEV [45]

We have been given a graph that involves Real axis and Imaginary axis.

From that graph we have to choose correct line segment which joins complex numbers 2+2i and -1+3i.


We know that if complex number is (a+bi) then real part "a" is always plotted along x-axis and the imaginary part "b" is always plotted along y-axis just like point (a,b) on x-y graph.

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So the line segment joining them will be AB

Hence final answer is the line segment AB.

4 0
4 years ago
Read 2 more answers
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