Answer:
The amount will be more by $30000 in the second loan.
Step-by-step explanation:
The loan of $60000 with APR 8% and for 25 years will grow to
dollars
So, I have to pay $180000 after 25 years.
Now, if we add $100 per month to this final amount then I have to pay $(180000 + 100 × 25 × 12) = $210000
Therefore, the loan amount will be more by $30000 in the second loan. (Answer)
Answer:
y +5 = -1/3(x -3)
Step-by-step explanation:
The slope of the given line is 3. The slope of the perpendicular line is the negative reciprocal of that, -1/3. Then the point-slope equation is ...
y -y1 = m(x -x1) . . . . line with slope m through point (x1, y1)
y -(-5) = -1/3(x -3)
y +5 = -1/3(x -3)
Answer:
Tyrone
Step-by-step explanation:
In a race the shortest time is the winner.
In this case the ones and the tens place are all the same so we look to the tenths place in which Tyrone has a 0 which is the lowest.
Let x be the amount of weeks.
60 + 7x = 120
60 - 60 + 7x = 120 - 60
7/7x = 60/7
x = 8.571428571