Answer:
$442.1 per month
Step-by-step explanation:
Lilly took 80/20 mortgage to buy house costing $ 100000
80% × 100000 = 80000 for the first at 4.75%
80000 × 4.75% = 80000 × 0.0475 = $ 3800 as interest per year,
20% × 100000 = 20000 for the second mortgage
20000 × 7.525% = 20000 × 0.07525 = 1505 as interest per year
add the first interest and the second interest
3800 + 1505 = 5305
divide the answer by 12 months to find the monthly payment
5305 / 12 = $442.1 per month
Answer:
m
Step-by-step explanation:
Answer:
a). The company's percentage=60%
b). The total premium=$812.50
c). The company's payment=$487.50
Step-by-step explanation:
a).
The total premium can be expressed as;
T=H+R
where;
T=proportion of total premium
H=proportion paid by Harold Wagner
R=remaining proportion
In our case;
T=100%
H=40%
R=r
replacing;
100%=40%+r
r=100%-40%
r=60%
The company's percentage=60%
b).
The total premium, if 40%=$325.00
Let total premium be=t
40% of t=325
(40/100)×t=325
0.4 t=325
t=325/0.4
t=$812.50
The total premium=$812.50
c).
The company's payment=60% of total premium
The company's payment=(60/100)×812.5
The company's payment=$487.50
Answer:
Step-by-step explanation:
Answer:
No, doubling the base and height would actually quadruple the area,
Step-by-step explanation:
With the original measurements of b = 3 ft and h = 5 ft,
<em>b x h = A</em>
<em>(3) x (5) = </em><em>15 ft</em>
So lets say we <em>doubled</em> the factors:
<em>(2)(3) x (2)(5) = A</em>
We would end up with 60 feet, four times that of 15.
<em>(6) x (10) = </em><em>60 ft</em>
