Answer:
$1,220,200
Step-by-step explanation:
The total of Mary's payments is ...
$3695.20/mo × 30 yr × 12 mo/yr = $1,330,200
The difference between this repayment amount and the value of her loan is the interest she pays:
$1,330,200 -110,000 = $1,220,200 . . . total interest paid
_____
Mary's effective interest rate is about 40.31% per year--exorbitant by any standard.
Answer:
22.5 miles per hour
Step-by-step explanation:
<u>Given system of equations</u>
5(s-w)=900
4(s+w)=900
<u />
<u>Set equations equal to each other</u>
5(s-w)=4(s+w)
5s-5w=4s+4w
s-5w=4w
s=9w
<u>Solve for w using the substitution s=9w</u>
4(s+w)=900
4(9w+w)=900
4(10w)=900
40w=900
w=22.5
Therefore, the speed of the wind is 22.5 miles per hour
