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IRINA_888 [86]
3 years ago
12

If you borrow $400,000 at an APR of 4% for 15 years, you will pay more per month than if you borrow the money for 30 years at 4%

. However, you will pay much more in interest over the life of the loan. Answer the questions below (10 points):
a. What is the monthly payment on the 15-year mortgage, to the nearest cent? (Be sure to use Excel to calculate the monthly payment.)

b. What is the total interest paid on the 15-year mortgage?

C. What is the monthly payment on the 30-year mortgage, to the nearest cent?

d. What is the total interest paid on the 30-year mortgage?

e. How much more interest in paid on the 30-year loan?​
Mathematics
1 answer:
Leya [2.2K]3 years ago
5 0

Answer:

:<   i

Step-by-step explanation:

im srry but

its (b) XD

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Solve the system using elimination<br> y=-3x+6<br> y=x^2-4
ElenaW [278]
Mutiply first equation by -1 and add to 2nd

-y=3x-6
<u>y=x^2-4 +</u>
0=x^2+3x-10
factor like any equation
what 2 numbers multiply to -10 and add to 3
-2 and 5
0=(x-2)(x+5)
set to zero
x-2=0
x=2

x+5=0
x=-5
solve for y in each case

for x=2
y=2^2-4
y=4-4
y=0
(2,0) is a point

for x=-5
y=(-5)^2-4
y=25-4
y=21
(-5,21) is another



the solutions are
(2,0) and
(-5,21)
8 0
3 years ago
What does (2m + 7) - (3 - 4m) equal
yaroslaw [1]
(2m + 7) - (3 - 4m) = 2m + 7 - 3 + 4m = (2m + 4m) + (7 - 3)

= <u>6m + 4</u>
5 0
3 years ago
Please help <br><br><br><br><br><br><br><br><br><br> ❤️❤️❤️❤️❤️❤️❤️❤️<br> Thanks besties
UkoKoshka [18]

Answer:

62.33 degrees Fahrenheit.

Anytime bestie <3

3 0
3 years ago
A company wants to increase the 10% peroxide content of its product by adding pure peroxide (100% peroxide). If x liters of pure
makvit [3.9K]

Answer:

There should be 125 litters of pure peroxide added to produce a new product that is 28% peroxide.

Step-by-step explanation:

The problem provides us with an equation we can use to find the concentration C of the new mixture, which is:

C=\frac{x+0.1(500)}{x+500}

which will give us the concentration C as a decimal number.

We are interested in getting a concentration of 28%, which is written as 0.28 in decimal form. This is our C.

Now we can substitute it into the equation:

0.28=\frac{x+0.1(500)}{x+500}

and now we can solve for x. We can start by multiplying both sides of the equation by (x+500) so we get:

0.28(x+500)=x+0.1(500)

Next, we can distribute dhe 0.28 on the left of the equation and we can also multiply the 0.1(500) on the right side, so we get:

0.28x+140=x+50

so now we can subtract an x from both sides so we get:

0.28-x+140=x-x+50

which yields:

-0.72x+140=50

Now, we can subtract a 140 from both sides, so we get:

-0.72x+140-140=50-140

Which yields:

-0.72x=-90

and finally we can divide both sides into -0.72 so we get:

\frac{-0.72x}{-0.72}=\frac{-90}{-0.72}

x=125lt

So we need to add 125 litters of pure peroxide to produce a new product that is 28% peroxide.

6 0
3 years ago
I need help with this equation -6х- 7 = 4x - 2
Delicious77 [7]

Answer:

X= -2

Step-by-step explanation:

5 0
2 years ago
Read 2 more answers
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