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Andreas93 [3]
3 years ago
10

You need a loan of $150,000. Compare your monthly payments and total loan cost under two options. Assume that the closing costs

are the same in both cases.
Option 1: a 30 year loan at an APR of 8%
Option 2: a 15 year loan at an APR of 7%
Mathematics
1 answer:
mixas84 [53]3 years ago
3 0

Answer:

$1100.65 at 8%

$1348.24 at 7%

Step-by-step explanation:

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Solve using the pathagorean theorem​
REY [17]

Answer:

b=45^1/2

Step-by-step explanation:

a^2+b^2=c^2\\6^2+b^2=9^2\\b^2=81-36\\b^2=45\\b=\sqrt{45}

4 0
2 years ago
3 equivalent ratios for 5/7
riadik2000 [5.3K]

Answer:

10/14, 15/21, and 20,28

Step-by-step explanation:

You just need to multiply a number on the numerator and the denominator. Remember, whatever you do to the numerator you have to do on your denominator.


8 0
3 years ago
Please help! this is the last one i need and i forgot how to do it!
s2008m [1.1K]

Based on the information, Christian would have $5525.5 of annuity.

<h3>How to calculate the annuity?</h3>

According to given information, the number of coffees per week is 3 then, per month is 3x4 = 12

For each coffee is $4.5. Then monthly expenditure for coffees is 12 x 4.5 = $54

Rate of interest r = 1.6% = 1.6/100 = 0.016 and for monthly compounding r = 0.016/12 = 0.00133

n = number of payments = 8 x 12 = 96

We can use the formula for finding the future value as below

FV = C x [ ( 1 + r )n-1 ] / ( r )

FV = 54 x [ ( 1 + 0.00133 )96 – 1 ] / (0.00133)

= 54 x [ (1.13609 - 1)] / (0.00133)

= 54 x 0.13609 / (0.00133)

= 54 x 102.3233

= 5525.5

Therefore Christian would have $5525.5 of annuity.

Learn more about annuity on:

brainly.com/question/5303391

#SPJ1

3 0
1 year ago
A system of linear equations is shown below.
Drupady [299]

Answer: D.5 and 2

because (-3;5) is a solution to the system of equations

\left \{ {{-3p+5q=-5} \atop {-3p-5q=-25}} \right.\\\\\left \{ {{-3p=-15} \atop {5q=10}} \right.\\\\\left \{ {{p=5} \atop {q=2}} \right.

Step-by-step explanation:

5 0
3 years ago
Ali makes and sells bracelets she earned $49 on Friday $42 on Saturday $21 on Sunday selling bracelets for the same amount what
SCORPION-xisa [38]
Ali charged 7 dollars per bracelet.
5 0
3 years ago
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