Answer:
- 20-year fixed-rate at 7.5%
- $106,219.32
Step-by-step explanation:
The shorter the term, the lower the amount of interest.
The lower the interest rate, the lower the amount of interest.
The loan that has both a shorter term and a lower interest rate will cost less in interest.
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The total of payments for the 30-year loan is 396,232.87.
The total of payments for the 20-year loan is 290,013.55.
The amount saved by taking the shorter loan is the difference of these amounts: $106,219.32.
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You can use an amortization formula, spreadsheet, or a financial calculator to compute the payments for each loan. The total repayment amount is the product of the monthly payment and the number of them, 360 for the 30-year loan; 240 for the 20-year loan.
Number 4. will be a. because if you do 7*9=63*10=630.
Proportionality, assuming constant rate. 460 dives/12 hours = x dives/3 hours. Solve for x.
Answer:
The dimensions of the piece of metal can be represented by x and x+10.
Now, 2 in squares are being cut out of each corner.
So the new dimensions are x-4 (2in from each side) and x+10-4 or x+6.
When you fold it up, the height becomes 2 and the base has dimensions x-4 and x+6. Now plug this into the volume formula.
V=l*w*h
1302 = (x+6)(x-4)(2)
651 = x2+2x-24
0 = x2 + 2x-675
0 = (x+27)(x-25)
x=-27 reject since lengths cannot be negative or x=25.
So your original dimension for the piece of metal are 25 by 35.
Step-by-step explanation:
Answer:
a)50%,b)70%
Step-by-step explanation:
odd=5
10=100%
5
5×100=500/10
=50%
10=100%
(7×100)/10=70
