Answer:
The Annual rate of interest for the mortgage is 1.8%
Step-by-step explanation:
Given as :
The mortgage principal = p = $167,000
The time period of mortgage = t = 20 years
The Amount paid towards mortgage in 20 years = A = $240,141
Let the Annual percentage rate on interest = r % compounded annually
Now, <u>From Compound Interest method</u>
Amount = Principal ×
Or, A = p ×
Or, $240,141 = $167,000 ×
or, =
Or , 1.437 =
Or, =
or, 1.018 =
Or, = 1.018 - 1
Or, = 0.018
∴ r = 0.018 × 100
i.e r = 1.8
So, The rate of interest applied = r = 1.8 %
Hence, The Annual rate of interest for the mortgage is 1.8% Answer
The probability is 2/25 or an 8% chance. By taking the probability of the fishers from Clearwater (56/70) and multiplying that by the probability of the non fishers from Mountain view (8/80) we can find the total probability of the situation.
1) given 6x = 4x + 140
2) subtract 4x from both sides => 6x - 4x = 4x - 4x + 140
=> 2x = 140
3) divide both members by 2 => 2x / 2 = 140 / 2
=> x = 70
4) Answer: x = 70
the relationship between the two angles is that they are supplementary angles because together they create a line that is 180 degrees. I might be wrong so please don't get mad if I am. I am 90 percent sure this is the answer though
Answer:
it is 1/4
Step-by-step explanation:
20/60=10/30=1/3