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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.

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Let f(x)=3x-7 and g(x)=2x². Perform the function operation and then find the domain of the result.
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6 0
2 years ago
What is the distance between the points (21 , 13) and (3 , 13) in the coordinate plane?
Oxana [17]

Answer:

\displaystyle d = 18

General Formulas and Concepts:

<u>Pre-Algebra</u>

Order of Operations: BPEMDAS

  1. Brackets
  2. Parenthesis
  3. Exponents
  4. Multiplication
  5. Division
  6. Addition
  7. Subtraction
  • Left to Right<u> </u>

<u>Algebra I</u>

  • Coordinates (x, y)

<u>Algebra II</u>

  • Distance Formula: \displaystyle d = \sqrt{(x_2-x_1)^2+(y_2-y_1)^2}

Step-by-step explanation:

<u>Step 1: Define</u>

<em>Identify</em>

Point (21, 13)

Point (3, 13)

<u>Step 2: Find distance </u><em><u>d</u></em>

Simply plug in the 2 coordinates into the distance formula to find distance <em>d</em>

  1. Substitute in points [Distance Formula]:                                                         \displaystyle d = \sqrt{(3-21)^2+(13-13)^2}
  2. [√Radical] (Parenthesis) Subtract:                                                                   \displaystyle d = \sqrt{(-18)^2+(0)^2}
  3. [√Radical] Evaluate exponents:                                                                       \displaystyle d = \sqrt{324+0}
  4. [√Radical] Add:                                                                                                 \displaystyle d = \sqrt{324}
  5. [√Radical] Evaluate:                                                                                          \displaystyle d = 18
5 0
3 years ago
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