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asambeis [7]
4 years ago
12

Given a mortgage of $48,000 for 15 years with a rate of 11%, what are the total finance charges?

Mathematics
2 answers:
geniusboy [140]4 years ago
8 0
I believe it is C....I could always be wrong...but i used a mortgage calculator :) <span />
Bess [88]4 years ago
7 0

Answer:

The correct answer is option A

Step-by-step explanation:

M = P \frac{(r (1+r)^n}{(1+r)^{n-1} }\\= 48,000 \frac{(0.11 (1+0.11)^15}{(1+0.11)^{15-1} }\\\\= 6576\\

The total finance charges

= 48,000 + 6,576\\= 54, 576\\

The correct answer is option A

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at a pizza place there are 4 diffrent sizes of pizza(small medium large and extra large. and 8 diffrent toppings (chicken, pepor
Vilka [71]

Answer:

1/32(I'm not sure if this is it)

Step-by-step explanation:

The total possible outcomes have 32 different outcome and there's only one that is medium with peporoni

6 0
3 years ago
If TUVW is a parallelogram what is the length of TU
Triss [41]
Its the same as the length of VW
without any more info that is all you can say.
7 0
3 years ago
Read 2 more answers
The point (-2, 7) is reflected across the y-axis. What is the location of the image of the point?
GarryVolchara [31]

Answer:I dontvknow

Step-by-step explanation:

8 0
3 years ago
How do i put this into words please help
Serjik [45]
Hello,

This is simple :)

<span>First divide:

How many times does 16 go into 7? : 0

7 GOES into 16, 0 times, now we have ; 0.

Next, multiply 16(0):0

Now, subtract 7-0

=7

Bring 0 down... so now we have 70... how many times can you divide 16 into 70? : about 4 times.

Now we have: 0.4

Multiple 16 by 4

= 64 : SUBTRACT 64 from 70

=60

Bring Down: 0; this gives us 60.

Divide:

How many times can 16 go into 60? : About 7 times

No we have : 0.437..

Bring down 0; gives us 600: how many times can 16 go into 600?: About 5 times.

Now, we have 0.4375.


Thus, 7/16 = 0.4375.


Faith xoxo

</span>

5 0
3 years ago
Read 2 more answers
Please Help!
NNADVOKAT [17]
If you would like to know how much is the stock worth now, you can calculate this using the following steps:

1 year: 6 1/2 % of $875 = 6.5% * $875 = 6.5/100 * 875 = $56.875
$875 + $56.875 = $931.875
2 year: 6 1/2 % of $931.875 = 6.5% * $931.875 = 6.5/100 * 931.875 = $60.572
$931.875 + $60.572 = $992.447
3 year: 6 1/2 % of $992.447 = 6.5% * $992.447 = 6.5/100 * 992.447 = $64.509
$992.447 + $64.509 = $1056.956 = $1056.96 = $1057

The correct result would be: The stock is worth $1057 now.
3 0
4 years ago
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