1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Allushta [10]
3 years ago
5

A family wants to purchase a house that costs ​$ 165 comma 000 165,000. They plan to take out a ​$ 125 comma 000 125,000 mortgag

e on the house and put ​$ 40 comma 000 40,000 as a down payment. The bank informs them that with a​ 15-year mortgage their monthly payment would be ​$ 742.97 742.97 and with a​ 30-year mortgage their monthly payment would be ​$ 511.08 511.08. Determine the amount they would save on the cost of the house if they selected the​ 15-year mortgage rather than the​ 30-year mortgage. How much would they save if they selected the​ 15-year mortgage?
Mathematics
1 answer:
miv72 [106K]3 years ago
8 0

With a 15 year or 180 month mortgage they will pay out $133,680.60 compared to the 30 year or 360 month mortgage they will pay out $183,988.80 which is $50,308.2 more. So they would save $50,308.2 if they select the 15 year mortgage.

(<em><u>Please consider leaving a rate, a thanks and, a crown would be really appreciated! Thank you!</u></em>)

You might be interested in
PLEASE I NEED HELP! How do you find y?
myrzilka [38]

In this example, y is equal to 8.

In order to find this, first note that the two x value expressions create a straight line. That means when we add them together they will equal 180. this will give us a value for x.

x + 10 + 10x - 61 = 180

11x - 51 = 180

11x = 231

x = 21

Now that we have the value of x, we can do the same for the straight line created by the x + 10 angle and the 18y + 5 angle.

x + 10 + 18y + 5 = 180

(21) + 10 + 18y + 5 = 180

36 + 18y = 180

18y = 144

y = 8

4 0
3 years ago
Find the missing angle measure.
ycow [4]

Step-by-step explanation:

The sum of all inner angles in the shape should be 540°

(180° for triangles, 360° for squares and other simple 4-corner-shapes, the pattern is the number of corners minus 2 multiplied by 180°)

we can calculate

540-106-94-135=205

so we got 205 degrees for the two unclear corners and one of them has to be 5° greater.

x is 100°

x is 100°x+5 is 105°

(note that in the subtraction part we could have subtracted 5 more and would be left with 2x=200)

5 0
3 years ago
Without measuring angles what is the measure of angle A′ OB ′?
Ede4ka [16]

Answer:

That isn’t possible

Step-by-step explanation:

8 0
2 years ago
M is the midpoint of PQ. PM = 6x + 7 and MQ = 9x – 8, find the length of PQ.
koban [17]

Answer:

The length of PQ is 64 units

8 0
2 years ago
Q.2 - What is the value of y in the equation 3(4y - 12) = 0 ? Show your work.
Alex

Hey there!

3(4y - 12) = 0

3(4y) + 3(-12) = 0

12y - 36 = 0

Add 36 to both sides

12y - 36 + 36 = 0 + 36

Cancel out: -36 + 36 because it give you 0

Keep: 0 + 36 because it help solve for the equation

New equation: 12y = 0 + 36

Simplify it

12y = 36

DIVIDE 12 to both sides

12y/12 = 36/12

Cancel out: 12/12 because that give you 1

Keep: 36/12 because it give you the y-value (also known as your overall result)

New equation: y = 36/12

Simplify it

y = 3


Therefore, your answer should be:

y = 3


Good luck on your assignment & enjoy your day!


~Amphitrite1040:)

5 0
1 year ago
Other questions:
  • A scientist begins with 250 grams of a radioactive substance. After 250 minutes, the sample has decayed to 32 grams. Rounding to
    15·1 answer
  • Anybody got an answer ?
    15·1 answer
  • A farmer wants to fence a rectangular area of 128 square feet next to a river. Find the length and width of the rectangle which
    10·1 answer
  • What is the surface area of the cylinder to the nearest square inch ?
    7·1 answer
  • Please help me out !!! <br><br> *please answer asap*
    15·1 answer
  • The 3 sides of a triangle have lengths of (4x+3) cm, (2x+8) cm, and (3x-10) cm. What is the length of the shortest side if the p
    14·1 answer
  • Please just give me the answer to a and b I’ll give u a lot of points
    7·1 answer
  • CAN SOMEONE HELP ME FAST?
    11·1 answer
  • Can someone please show me only how to do the number 6 through 9 step by step number bonds it’s so confuse to me please
    5·1 answer
  • What is the value of f(x) when x= -3
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!