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2 years ago

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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?

1 answer:

Leya [2.2K]2 years ago

5 0

Answer:

:< i

Step-by-step explanation:

im srry but

its (b) XD

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A car travels for 4(t+3) hours at a constant speed of 10(t+3) km/h. If the total distance travelled by the car is 810 km, find t

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Step-by-step explanation:

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$\because \: time \times speed = distance \\ \therefore \: 4(t + 3) \times 10(t + 3) = 810 \\ \therefore \: 4(t + 3)^{2} = 81 \\ \therefore \: \{2(t + 3) \}^{2} = {9}^{2} \\ \therefore \: \{2(t + 3) \} = {9} \\ \therefore \: t + 3 = \frac{9}{2} \\ \therefore \: t = \frac{9}{2} - 3 \\ \therefore \: t = \frac{9 - 6}{2} \\ \therefore \: t = \frac{3}{2} \\ \therefore \: t = 1.5 \: hrs \\ speed \: of \: car = 10(t + 3) \\ \hspace{60 pt} = 10(1.5 + 3) \\ \hspace{60 pt}= 10 \times 4.5 \\ \red{ \boxed{ \bold{ \therefore \: speed \: of \: car = 45 \:km/ h}}} \\$

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3 years ago

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Step-by-step explanation:

1. Right

2. Right

3. Right

4. Right

5. Right

6. Right

7. Its not properly visible sorry for this.

8. Its wrong

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9. Right

10. Its wrong

$0.5 {}^{3} = 0.125$

11. Right

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13. Right

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$15 - 7 \times 2 + {2}^{3}$

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15.

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16.

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<h3>Hope this helps u </h3>

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2 years ago

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Arisa [49]

Answer:

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Step-by-step explanation:

From Analytical Geometry we must remember that a line can be formed after knowing two distinct points on Cartesian plane. The equation of the line is described below:

$y = m\cdot x + b$ (Eq. 1)

Where:

$x$ - Independent variable, dimensionless.

$y$ - Dependent variable, dimensionless.

$m$ - Slope, dimensionless.

$b$ - y-Intercept, dimensionless.

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The solution of the system is: $b = 3$ , $m = -\frac{6}{5}$ . Hence, we get that equation of the line that passes through the points (0, 3) and (5, -3) is $y = -\frac{6}{5}\cdot x +3$ .

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3 years ago