Answer:
true
Step-by-step explanation:
Answer:
$1,220,200
Step-by-step explanation:
The total of Mary's payments is ...
$3695.20/mo × 30 yr × 12 mo/yr = $1,330,200
The difference between this repayment amount and the value of her loan is the interest she pays:
$1,330,200 -110,000 = $1,220,200 . . . total interest paid
_____
Mary's effective interest rate is about 40.31% per year--exorbitant by any standard.
Answer:
First of all the rate of change is -2, so the answer would be y = x - 2
Answer:
m = 6
Step-by-step explanation:
Given
5m + 30 = 60 ( subtract 30 from both sides )
5m = 30 ( divide both sides by 5 )
m = 6
Answer:
1. 6
2. 24
Step-by-step explanation:
Substitute in the values for <em>t</em> and solve the expression.