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.
1+2=21, 2+3=36, 3+4=43, 4+5=52.
Answer:
4in squared
Step-by-step explanation:
We know that cubes have equal parts all around, and it is basic knowledge for the most part to know 4x4x4 = 64. Therefore, each length must be 4, length, width,and height are all 4.
Answer:
The event is mutually exclusive.
Step-by-step explanation:
Mutually exclusive events are events that cannot exist simultaneously.
Thus, events that are not mutually exclusive can exist simultaneously.
Since each student only has one major, a single student cannot be both a mathematics major and a business major.
So, the event is mutually exclusive.
Well, the first 16 were about 16*75=$1200 extra. The last 8 were $720 lost. Thus, the total profit is $480. He bought them with $7200, which means the profit is around 6.67%.
