Bill and Amy travel the same distance from home to school of 14.4 kilometers. Amy takes 40 minutes of time to arrive to school which means she has a rate of 14.4 km /40 minutes or 6 meters/ second. Bill takes a total 60 minutes to arrive to school. Hence Bill's rate is equal to 14.4 km/60 minutes or 4 meters/ second.Amy's is 2 m/s faster than Bill's speed, then.
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>
