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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.

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Margaret is planning a wedding reception. She wants to spend less than her budget of $5,748, and Margaret has already spent $2,4
noname [10]

Answer:

She can invite 109 guests and be right on top of budget. If she wants to spend less than her budget though she can only invite 108 people.

Step-by-step explanation:

First you have to subtract 5,748 - 2,478 which is 3270. Next you have to divide 3270 by 30 because each person costs 30 dollars. 3270 divided by 30 is 109.

I hope this helps! Please mark me brainliest if I am correct! Have a nice day!

6 0
3 years ago
Shaun had a collection of 840 matchbox vehicles. Of these vehicles, 15% are four-wheelers and 30% are convertibles. The rest are
lakkis [162]

Answer:

<h2>462</h2>

Step-by-step explanation:

15% of 840 is 126

30% of 840 is 252

 252

<u>+  126 </u>

<em> 378</em>

<em></em>

840 - 378 = <em>462</em>

or

--------------------------------------------------------------------------------------------------------------

55% of 840 is...

<em>462</em>

--------------------------------------------------------------------------------------------------------------

<em>Hope this helps! <3</em>

5 0
3 years ago
Read 2 more answers
PLEASE HELP ASAP!!! WILL GIVE BRAINLIEST!!! PLEASE DON'T GUESS!!!
Aneli [31]
Hope this helps you understand

3 0
4 years ago
Read 2 more answers
Given that slope is rise/run, write the mathematical equation for calculating the slope of a trend line on a graph.
Gennadij [26K]

select two points on the line, and plug into this formula y2-y1 over x2-x1

7 0
3 years ago
Soulotion to equation if y is =15 when x=2 ,find y when x=8
skelet666 [1.2K]

Answer:

The value of y for x = 8 is 60  .

Step-by-step explanation:

Given expression as :

For x = 2  , y = 15

Let the equation be written with constant k'

So, y = k x

Or, k = \dfrac{y}{x}

∴   k =  \dfrac{15}{2}

<u>Now, again </u>

For x = 8

equation can be written as

   y = k x

Or,  y =  \dfrac{15}{2} × 8

Or,  y = \frac{15\times 8}{2}

∴    y = 15 × 4

I.e  y = 60

Hence The value of y for x = 8 is 60  . Answer

5 0
3 years ago
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