Answer:
- 20-year fixed-rate at 7.5%
- $106,219.32
Step-by-step explanation:
The shorter the term, the lower the amount of interest.
The lower the interest rate, the lower the amount of interest.
The loan that has both a shorter term and a lower interest rate will cost less in interest.
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The total of payments for the 30-year loan is 396,232.87.
The total of payments for the 20-year loan is 290,013.55.
The amount saved by taking the shorter loan is the difference of these amounts: $106,219.32.
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You can use an amortization formula, spreadsheet, or a financial calculator to compute the payments for each loan. The total repayment amount is the product of the monthly payment and the number of them, 360 for the 30-year loan; 240 for the 20-year loan.
You have to know that the zero has no value inless its in a place value .the 8 is a factor of 80 because 80 is 10 times as much as 8
The bolt travels 7,200,000,000 in one minute because 120,000,000 X 60 = 7,200,000,000. The 60 is how many seconds there are in a minute.
Answer:
3
Step-by-step explanation:
1/3 + 1/3 + 1/3 = 1
This proves that there can only be 3 thirds between 0 and 1.
Answer:
1. b
2. e
3. a
4. f
5. g
Step-by-step explanation:
hope this helps
