X + 3y = 7
y = 2
Substitute
x + 3(2) = 7
x + 6 = 7
x = 1
Hope this helps!<span />
Step-by-step explanation:
If you borrow $120,000 at an APR of 7% for 25 years, you will pay $848.13 per month. If you
borrow the same amount at the same APR for 30 years, you will pay $798.36 per month.
a. What is the total interest paid on the 25-year mortgage? <em>$134,439.</em>
The answer would be "true"<span />
