1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex
3 years ago
6

Sam takes out a $167,000 mortgage for 20 years. He makes monthly payments and at the end calculates that he has paid $240,141 to

wards the mortgage. What is the approximate APR?
3%
4%
6%
7%
Mathematics
1 answer:
stiv31 [10]3 years ago
6 0

Answer:

About 3%

Step-by-step explanation:

3% of $167,000 is $5,010

5010 times the 20 years is 100200 add that to the 167000 and you get $267,200

The actual answer is about 2.4% but 3% is the closest.

You might be interested in
The vertex of this parabola is at (-3, -2). which of the following could be its equation?
professor190 [17]

Answer:

B

Since the vertex is (-3,-2) The x value should be +3

7 0
2 years ago
Read 2 more answers
PLz right answerPLz right answerPLz right answerPLz right answerPLz right answerPLz right answerPLz right answerPLz right answer
Elena L [17]
D- 4 is your correct answer :)

Hope this helps
7 0
2 years ago
Nknjjhbvyugvtfituyjnjjjjjnnnnj
-Dominant- [34]

Answer:

indeed

Step-by-step explanation:

3 0
3 years ago
What does it mean if a project has a Percent Spent of 90%, Percent Scheduled of 85%, and a Percent Complete of 95%
shtirl [24]

Answer:

It means that the project is in good shape, within budget an d it would finish early

Step-by-step explanation:

The answer to this question is pretty straight forward. If a project has the percent spent fine 90 percent, the scheduled has percentage of 85 percent and the complete is at the percentage of 95, what it means is that this project is in good shape, the project being carried out is still being done within the proposed budget and at 95% complete, it means that the project is going to finish early.

8 0
2 years ago
a shopper paid $52 for a handbag during a sale. The handbag was priced at 65% off its original price. Which equation can be used
aleksklad [387]
52 ×.65= X The answer would be $80. Hope i could be helpful :)
8 0
3 years ago
Other questions:
  • Consider the diagram.
    15·2 answers
  • A water park charges $5 for entry into the park and an additional $2 for each of the big water slides. Steven spent $17 on his v
    8·1 answer
  • The attendance for the first night of a play is 455. The attendance increases by 16 on each of the next 9 nights.
    14·2 answers
  • Ian has 15 boxes of paper and divides them evenly between 4 coworkers. How many whole boxes did each coworker get?
    6·1 answer
  • Given AC with A(3, 4) and C(-9, -2), if B
    12·1 answer
  • Question 1)
    13·2 answers
  • Get correct for brainleist!
    11·1 answer
  • What is the area of a triangle <br> Please help!!!
    15·1 answer
  • Follow me my disciples.<br><br> We got stalkers in our cha-ts.
    14·1 answer
  • HELP<br><br> Solve for the following equation showing all work step by step. 3646 = 1+5(4r+17)^3/2
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!