Total cost of the house = $215,000
Amount financed through mortgage = $189,375
Amount paid through other means (such as cash) = 215,000-189,375 = $25,625
Rate = 6.1% = 0.061
Number of years = 15 years
Monthly payment, M = P[i(1+i/12)^12*15]/[(1+i/12)^12*15 -1] = 189,375[0.061/12(1+0.061/12)^12*15]/[(1+0.061/12)^12*15 - 1] = $1,608.30
Total amount paid = $25,625 + (M*12*15) = $25,625 + $289,494.56 = $315,119.56
Seems the options given don't match the correct answer.
Answer:
61 3/5
Step-by-step explanation:
we realize that 8 4/5 can be written as [8 + (4/5)]
hence 7 x 8 4/5
= 7 x [8 + (4/5)]
= 7 [8 + (4/5)] (use the distributive property, see attached for reference)
= 7(8) + 7(4/5)
= 56 + 28/5 (convert 28/5 into mixed fraction)
= 56 + 5 3/5
= 61 3/5 (answer)
Answer:
Answer are in bold below
Step-by-step explanation:
Question: 1
Jessica = $8
Ciara = $12 + 4 $16
Now we times both values.
16 x 8 = $128
8 x 16 = $128
They would both need to work 8 hours ft=or the same money.
Question 2:
$8 x 5 = $40
$16 x 5 =$80
Jessica will be less expensive.
Answer:
Yeah it's 10
Step-by-step explanation:
100/10=10
Answer:
<h2>2. (0, -4)</h2>
Step-by-step explanation:
