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.
Answer:
area of a deck
A= External area - Internal area
A = length x width
A = ( 44ft x 28ft) - ( 32ft x 16ft)
<u> A = 720ft²</u>
Answer:
8) Parallelogram.
10) Point W.
Step-by-step explanation:
8) Give another name of plane V.
As shown the plane represents A flat shape with 4 straight sides where opposite sides are parallel and also opposite sides are equal in length.
So, plane V represents parallelogram
10) Name a point that is not coplanar with R, S and T.
Coplanar points are the points which all lie in the same plane.
So, as shown:
R, S and T are coplanar points, they all lie in the plane V
So, the point which doesn't lie in the plane V is the point W
So, <u>the point W</u> is not coplanar with R, S and T.
Ten to the second power or ten squared is 100. 247 divided by 100 is 2.47
Answer:
0.6778 to 4 dec. places.
Step-by-step explanation:
That is 387 / (184+387)
= 387 / 571
= 0.677758
