Answer:
The Annual rate of interest for the mortgage is 1.8%
Step-by-step explanation:
Given as :
The mortgage principal = p = $167,000
The time period of mortgage = t = 20 years
The Amount paid towards mortgage in 20 years = A = $240,141
Let the Annual percentage rate on interest = r % compounded annually
Now, <u>From Compound Interest method</u>
Amount = Principal × 
Or, A = p × 
Or, $240,141 = $167,000 × 
or,
= 
Or , 1.437 = 
Or,
= 
or, 1.018 = 
Or,
= 1.018 - 1
Or,
= 0.018
∴ r = 0.018 × 100
i.e r = 1.8
So, The rate of interest applied = r = 1.8 %
Hence, The Annual rate of interest for the mortgage is 1.8% Answer
Step-by-step explanation:
3x^2-2x+1
3(2)^2-2(2)+1
3(4)-4+1
12-4+1
8+1=9 Answer
Answer:
33.08 m
Step-by-step explanation:
angle of ∆ = 131.6 - 90 = 41.6
=> x² = 8²+3²-2(8)(3)cos 41.6°
= 64+9-48(0.75)
= 73 - 36
= 37
x = √37 = 6.08 m
perimeter = (3×8)+3+6.08 = 33.08 m
Answer:
n = 6
Step-by-step explanation:

Answer:
$16
Step-by-step explanation:
Round : $80.36 : $80
Equation : 20% of 80
Answer : $16
Sidenote: I hope this answers your questions!