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ehidna [41]
3 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]3 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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Solve for x 8/14=x/37
Setler79 [48]

Hello there!

\frac{8}{14}=\frac{x}{37}

Explanation:

↓↓↓↓↓↓↓↓↓↓↓

First you had to switch sides of the equation.

\frac{x}{37}=\frac{8}{14}

Then you had to cancel by the common factor of 2.

\frac{x}{37}=\frac{4}{7}

You had to multiply by 37 from both sides of the equation.

\frac{37x}{37}=\frac{4*37}{7}

Simplify it should be the correct answer.

x=\frac{148}{7}

<em><u>Answer⇒⇒⇒x=148/7 </u></em>

Hope this helps!

Thank you for posting your question at here on Brainly.

Have a great day!

-Charlie

4 0
3 years ago
If M is the set of all square of integers that are less than 100 and N is the set of all positive odd numbers that are under 15,
ollegr [7]

A set is simply the group of numbers.

  • <em>The set of M and N are: </em>M = \{1,4,9,16,25,36,49,64,81\}<em>  and </em>N= \{1,3,5,7,9,11,13\}<em>.</em>
  • <em>The set of M n N is: </em>M\ n\ N = \{1,9\}<em>.</em>
  • <em>The set of  M u N is: </em>M\ u\ N = \{1,3,4,5,7,9,11,13,16,25,36,49,64,81\}<em />

<u>(a) The set of M and N</u>

Given that:

M = squares of integers less than 100

N = Positive odd numbers less than 15

So, we have:

M = \{1,4,9,16,25,36,49,64,81\}

N= \{1,3,5,7,9,11,13\}

<u>(b) M n N and M u N</u>

M n N is the set of common elements between sets M and N.

So, we have:

M\ n\ N = \{1,9\}

M u N is the set of all elements in sets M and N.

So, we have:

M\ u\ N = \{1,3,4,5,7,9,11,13,16,25,36,49,64,81\}

Read more about sets at:

brainly.com/question/2332158

8 0
2 years ago
There are 81 red, blue and yellow
wel

Step-by-step explanation:

Here Given

Total counters = 81

red counters are 9 more than the yellow ones.

And Yellow counter = blue counter

So let the Yellow counter be x and as blue counter and yellow counter are same then blue counter will be also x

And by the question

Red counter = 9 + x

Now

9 + x + x + x = 81

9 + 3x = 81

3x = 81 - 9

3x = 72

x = 72 / 3

Therefore x = 24

Now

Red counters = 9 + 24 = 33

Blue counters = 24

Yellow counters = 24

Hope it helped :)

3 0
3 years ago
Read 2 more answers
280 pages; 20% decrease
vitfil [10]
The answer would be 224 pages!
5 0
3 years ago
Read 2 more answers
Doug bought a new car for 25,
pentagon [3]
This is exponential decay which can be expressed as:

y=ab^t, y=final value, a=initial value, b=rate, t=time

In this case a=25000, r=(100-20)/100=0.8 so

y=25000(0.8^t), so in 4.5 years...

y=25000(0.8^4.5)

y≈$9158.93  (to nearest cent)
3 0
3 years ago
Read 2 more answers
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