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ehidna [41]
2 years ago
9

Alex is comparing two mortgage opportunities for his potential $120,000 mortgage. Mortgage A: 15 years at 5% with monthly paymen

ts of $948.95 and a total payback amount of $170,811 Mortgage B: 20 years at 5.5% with monthly payments of $825.46 and a total payback amount of $198,110.40 Now let's find the interest paid on each loan and compare.
Total interest on mortgage A = $___

Total interest on mortgage B = $___

Mortgage ___ requires $ ___ more interest to be paid.
Mathematics
1 answer:
PIT_PIT [208]2 years ago
8 0

Answer:

A=50,811   B=78,110.40 B requires 27,299.40 more

Step-by-step explanation:

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What is Four more than twice a number is -10?
Katena32 [7]
4+2x=10
2x=10-4
2x=6
X=6/2
X=3
6 0
3 years ago
- 10 -
Lynna [10]
The answer for this problem is b because I did the math
8 0
3 years ago
Read 2 more answers
One large jar and five small jars can hold 26 ounces of jam. One large jar minus one small jar can hold 2 ounces of jam. Use the
Lesechka [4]

Using a system of equations, it is found that one large jar holds 6 ounces and one small jar holds 4 ounces.

<h3>What is a system of equations?</h3>

A system of equations is when two or more variables are related, and equations are built to find the values of each variable.

In this problem, the variables are:

  • Variable l: Weight that a large jar holds.
  • Variable s: Weight that a small jar holds.

One large jar and five small jars can hold 26 ounces of jam, hence:

l + 5s = 26, which is the first equation in matrix form.

Then:

l = 26 - 5s.

One large jar minus one small jar can hold 2 ounces of jam, hence:

l - s = 2, which is the second equation in matrix form:

Then:

l = 2 + s = 26 - 5s

2 + s = 26 - 5s

6s = 24

s = 4.

l = 26 - 5s = 6.

More can be learned about a system of equations at brainly.com/question/24342899

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4 0
2 years ago
the annual interest on an 18,000 investment exceeds the interest earned on a 9000 investment by 648. the 18,000 is invested at a
Natalka [10]
Let x=annual interest rate of 18000 investment.
Then
18000*x - 9000(x-0.006)=648
Solve for x
18000x-9000x+9000*0.006=648
9000x=648-54=594
x=594/9000=0.066
Answer:
the annual interest rate of the 18000 investment is 6.6%
the annual interest rate of the   9000 investment is 6.0%

7 0
3 years ago
W+3=w+6 please show step by step
Stels [109]

w +  3 = w + 6 \\ w - w + 3 = w - w + 6 \\ 3 = 6
Since 3 does not equal 6, therfore the answer is no solution.
8 0
3 years ago
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