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Aleks [24]
3 years ago
15

In terms of paying less in interest, which is more economical for a $150,000 mortgage: a 30-year fixed-rate at 8% or a 20-year f

ixed-rate at 7.5%? How much is saved in interest?
Mathematics
1 answer:
Aleksandr-060686 [28]3 years ago
3 0

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.

___

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.

_____

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.

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200x 9, nine times two hundred,
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3 years ago
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13 13 13 13 = 43. Which multiplication expression shows another way to make 43?
nikdorinn [45]
13+13+13+13=52, not 43 .
<span>43 is a prime number therefore the only two factors are 1 and itself, Technically, you can say that 21.5 multiplied by 2 would be 43.</span>
6 0
4 years ago
Help with trigonometry.<br> (Ignore the writing I still need all of them)
Artist 52 [7]

Applying the trigonometry ratio and rationalization, the missing lengths are:

1. x = 12/√3; y = 2√3

2. x = 5√2; y = 5√2

3. b = 24

4. 4√3

5. 5√3

<h3>What are the Trigonometry Ratio?</h3>

The trigonometry ratios are represented as follow:

  • SOH is sin ∅ = opp/hyp
  • CAH is cos ∅ = adj/hyp
  • TOA is tan ∅ = opp/adj.

1. To find x, apply SOH:

opp = 6

hyp = x

adj = y

∅ = 60°

Equation:

sin 60 = 6/x

x = 6/sin 60

x = 6/√3/2 (sin 60 = √3/2)

x = 6 × 2/√3

x = 12/√3

Rationalize

x = 12/√3 × √3 /√3

x = 12√3/3

x = 4√3

To find y, apply TOA:

tan 60 = 6/y

y = 6/tan 60

y = 6/√3 (tan 60 = √3)

Rationalize

y = 6/√3 × √3 /√3

y = 6√3 / 3

y = 2√3

2. To find x, apply SOH:

opp = x

hyp = 10

adj = y

∅ = 45°

Equation:

sin 45 = x/10

x = (10)(sin 45)

x = 10 × 1/√2 (sin 45 = 1/√2)

x = 10/√2

Rationalize

x = 10/√2 × √2 /√2

x = 10√2/2

x = 5√2

To find y, apply CAH:

cos 45 = y/10

y = (10)(cos 45)

y = 10 × 1/√2 (cos 45 = 1/√2)

y = 10/√2

Rationalize

y = 10/√2 × √2 /√2

y = 10√2/2

y = 5√2

3. To find b, apply Pythagorean theorem:

b = √(25² - 7²)

b = 24

4. 12/√3

Rationalize

12/√3 × √3 /√3

12√3/3

4√3

5. 15/√3 × √3 /√3

15√3 /3

5√3

Learn more about trigonometry ratios on:

brainly.com/question/10417664

3 0
3 years ago
A rectangular ink pad has a permieter of 26 cenimeters. Ts area is 40 square cenimeters. What are the deminitions of the ink pad
Assoli18 [71]

Answer: 5cm and 8cm

Step-by-step explanation:

Perimeter of a rectangle = 2l + 2w

Area of a rectangle = l × w

where l = length

w = width

Therefore,

2l + 2w = 26 ...... i

l × w = 40 ...... ii

We can reduce equation i to l + w = 13.

l + w = 13 ....... i

l × w = 40 ....... ii

From i, l = 13 - w ...... iii

Put the value of l into equation ii

l × w = 40

(13 - w) × w = 40

13w - w² = 40

13w - w² - 40 = 0

w² - 13w + 40 = 0

w² -8w -5w +40 = 0

w(w - 8) -5(w - 8) = 0

(w - 5) = 0 and (w - 8) = 0

w = 0 +5 and w = 0 + 8

w = 5

l = 8

The dimensions are 5cm and 8cm

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Zigmanuir [339]

Answer:

$36.80

Step-by-step explanation:

15% of 32 = 0.15x32 = $4.80

32+4.80 because it was a tip being added to the bill

=36.80

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