The cost of the mortgage is $81250
<h3>What are interests?</h3>
Interests are percentages of a principal
Given the following parameters
Principal = $65000
Rate = 7% = 0.07
Time = 5 years
<h3>Calculate the interest</h3>
I = PRT/100
I = 65000*0.07*25
I = 16,250
<h3>Determine the cost of the mortgage</h3>
Cost of mortgage = Principal + Interest
Cost of mortgage = 65000 + 16250
Cost of mortgage = 81,250
Hence the cost of the mortgage is $81250
Learn more on mortgage here: brainly.com/question/22846480
Answer:
i need more to answer the question
Step-by-step explanation:
Answer:
12m
Step-by-step explanation:
work out the area of the rectangle then times it by 2 because the parallelogram is twice the area of the rectangle. 8 × 4.5m = 36m². 36 ×2 = 72cm². Now you do 72 ÷ 6 = 12 . the answer is 12m.