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Umnica [9.8K]
3 years ago
10

The Roger's applied for a $70,000 mortgage for 30 years at 9%. Since they had a good credit history,

Mathematics
2 answers:
lbvjy [14]3 years ago
7 0

9514 1404 393

Answer:

  • 9% payments: $563.24
  • 7% payments: $494.75
  • monthly savings: $68.49
  • 9% total repaid: $202,764.90
  • 7% total repaid: $148,423.63
  • savings: $54,341.27

Step-by-step explanation:

It works nicely to let a calculator or spreadsheet figure the payment and loan values. The graphing calculator work is attached.

kramer3 years ago
3 0

Answer:

9% payments: $563.24

7% payments: $494.75

monthly savings: $68.49

9% total repaid: $202,764.90

7% total repaid: $148,423.63

savings: $54,341.27

Step-by-step explanation:

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A flagpole is at the top of a building. 300 feet from the base of the building, the angle of elevation of the top of the pole is
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