Question 5 (1 point)
1 answer:
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The range that is appropriate to use to represent the numerical data is 0.0 to 26.0.
<h3>What is a line graph?</h3>
A line graph is a graph that is used to represent numerical data. It shows the changes in the data with the passage of time. There are two axes on a line graph, the vertical axis and the horizontal axis. The range of the vertical axis should start from 0 and end at the largest number of data set.
Please find attached the diagram. To learn more about line graphs, please check: brainly.com/question/27252279
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Answer:
$291,016.80
A is correct.
Step-by-step explanation:
You are applying for an 80/20 mortgage to buy a house costing $145,000.
Loan Formula:
Case 1:
Loan amount, P = 80% of 145000 = $ 116,000
Rate of interest, r = 4.75% = 0.0475
Time of loan, n = 30 years = 360 months
Substitute the values into formula.
Total payment for case 1: 605.11 x 360 = $217,839.60
Case 2:
Loan amount, P = 20% of 145000 = $ 29,000
Rate of interest, r = 4.75% = 0.07525
Time of loan, n = 30 years = 360 months
Substitute the values into formula.
Total payment for case 1: 203.27 x 360 = $73,177.20
Total amount of the mortgage = $217,839.60 + $73,177.20
= $291,016.80
Hence, The total amount of the mortgage is $291,016.80