The cost of the mortgage is $81250
<h3>What are interests?</h3>
Interests are percentages of a principal
Given the following parameters
Principal = $65000
Rate = 7% = 0.07
Time = 5 years
<h3>Calculate the interest</h3>
I = PRT/100
I = 65000*0.07*25
I = 16,250
<h3>Determine the cost of the mortgage</h3>
Cost of mortgage = Principal + Interest
Cost of mortgage = 65000 + 16250
Cost of mortgage = 81,250
Hence the cost of the mortgage is $81250
Learn more on mortgage here: brainly.com/question/22846480
Answer:
y=7
Step-by-step explanation:
-6y= -27-15
-6y= -42
y=7
0.8 is greater than 0.08, the reason for that is that 0.8 is equal to 8/10=80/100 and 0.08 is equal to 8/100. As a percentage, 0.8 would be 80% and 0.08 would be equal to 8%.
750 x 25 = 18750 grams
there are 1,000 grams in a kilogram, so divide 18750 by 1,000 to get 18.750 kilograms. Rounded to the nearest tenth is 18.8 kilograms
