Answer: The total interest paid on the mortgage is $179550
Step-by-step explanation:
The initial cost of the property is $300000. If he deposits $30000, the remaining amount would be
300000 - 30000 = $270000
Since the remaining amount was compounded, we would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 270000
r = 2% = 2/100 = 0.02
n = 12 because it was compounded 12 times in a year.
t = 25 years
Therefore,
A = 270000(1+0.02/12)^12 × 25
A = 270000(1+0.0017)^300
A = 270000(1.0017)^300
A = $449550
The total interest paid on the mortgage is
449550 - 270000 = $179550
The trapezoidal approximation will be the average of the left- and right-endpoint approximations.
Let's consider a simple example of estimating the value of a general definite integral,

Split up the interval
![[a,b]](https://tex.z-dn.net/?f=%5Ba%2Cb%5D)
into

equal subintervals,
![[x_0,x_1]\cup[x_1,x_2]\cup\cdots\cup[x_{n-2},x_{n-1}]\cup[x_{n-1},x_n]](https://tex.z-dn.net/?f=%5Bx_0%2Cx_1%5D%5Ccup%5Bx_1%2Cx_2%5D%5Ccup%5Ccdots%5Ccup%5Bx_%7Bn-2%7D%2Cx_%7Bn-1%7D%5D%5Ccup%5Bx_%7Bn-1%7D%2Cx_n%5D)
where

and

. Each subinterval has measure (width)

.
Now denote the left- and right-endpoint approximations by

and

, respectively. The left-endpoint approximation consists of rectangles whose heights are determined by the left-endpoints of each subinterval. These are

. Meanwhile, the right-endpoint approximation involves rectangles with heights determined by the right endpoints,

.
So, you have


Now let

denote the trapezoidal approximation. The area of each trapezoidal subdivision is given by the product of each subinterval's width and the average of the heights given by the endpoints of each subinterval. That is,

Factoring out

and regrouping the terms, you have

which is equivalent to

and is the average of

and

.
So the trapezoidal approximation for your problem should be
70% I think beacuse she is making more profit about 70% then she bought it for
Answer:
1.) m<6 and m<8=142, m<9=38
2.) m<7 and m<9=66, m<8=114
note: brainliest would be appreciated.
Step-by-step explanation: