1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rudik [331]
3 years ago
14

A family wants to purchase a house that costs $185,000 . They plan to take out a $135,000 mortgage on the house and put $50,000

as a down payment. The bank informs them that with a 15-year mortgage their monthly payment would be $925.14 and with a 30-year mortgage their monthly payment would be $615.65 . Determine the amount they would save on the cost of the house if they selected the 15-year mortgage rather than the 30-year mortgage. Savings = $
Mathematics
2 answers:
kolezko [41]3 years ago
7 0

Answer:

$55,108.80

Step-by-step explanation:

15 year mortgage

925.14/month times 180 months =

$166,525.20

30 year mortgage

615.65/month times 360 months =

$221,634

$221,634 - $166,525.20 =

$55,108.80

So the difference between the 15 year mortgage and the 30 year mortgage is $55,108.80

Semmy [17]3 years ago
6 0

Answer:

4,592.4

Step-by-step explanation:

925.14×15 = 13,877.1

615.65x30=<u>18</u><u>,</u><u>469</u><u>.</u><u>5</u><u> </u>

<u> </u><u> </u><u>18</u><u>,</u><u>469.5</u>

<u>-</u><u> </u><u>13</u><u>,</u><u>877</u><u>.</u><u>1</u>

<u>=</u><u> </u><u>4</u><u>,</u><u>592</u><u>.</u><u>4</u>

You might be interested in
Mr. Scott uses an 8 GB flash drive to store his files for his classroom. His principal buys him a new 64 GB flash drive. What is
katovenus [111]

Answer:

12.5%

Step-by-step explanation:

8 / 64*100 =

(8 * 100) / 64 =

800 / 64 = 12.5

Hope this helped buddy! :D

4 0
3 years ago
Read 2 more answers
How to draw a picture that represents 24 divided by 6
olasank [31]
Draw a cake or a pie cut into 24 pieces. Then draw 6 figures around the cake. color code each group of 4 pieces of cake and coordinate it with figure.

Ex: If 4 pieces of the cake were red, color one of the figures red so each figure gets 4 pieces of the cake.
8 0
3 years ago
Read 2 more answers
12.) What is the area of the triangle in the coordinate plane?
nirvana33 [79]

Answer:

18u most likely

Step-by-step explanation:

the triangle is 6 units wide and half of it (the height) is 6. so 6 x 6 = 36 divided by 2 = 18u

7 0
3 years ago
I need to know the steps to solving for x
dmitriy555 [2]
X=10/(2^(1/2)-1)
This is the answer

7 0
3 years ago
Tracy wants to determine the coordinates of the minimum value of a quadratic function. She
OleMash [197]

The most helpful form to find the coordinates of the minimum is the vertex form.

<h3>Which form is better to find the minimum?</h3>

Remember that for a quadratic equation with a positive leading coefficient, the minimum is at the vertex.

So the better form to determinate the coordinates of the minimum value will be the vertex form, where if the vertex is (h, k), we get:

y = a*(x - h)^2 + k

In this case, the first option is in that form:

y = (x + 1)^2 - 25

so:

h = -1

k = -25

This means that the coordinates of the minimum are (-1, -25)

If you want to learn more about quadratic equations, you can read:

brainly.com/question/1214333

7 0
3 years ago
Other questions:
  • An employee at a state park has 53 photos of animals found at the park she wants to arrange the photos in rows so that every row
    14·1 answer
  • I need help on number 10
    14·1 answer
  • If 3(11x-18y)=6(x+y)-3x-10y <br> what is the ratio of x to y?
    12·1 answer
  • Need help due today please and thank you
    8·1 answer
  • Howdy! (づ。◕‿‿◕。)づ
    10·1 answer
  • Find an expression which represents the difference when (6x-3y) is subtracted from (9x+2y) in simplest terms.
    14·1 answer
  • Help please! 2. Which of the following is NOT shown on the scatter plot below?
    12·1 answer
  • What value of k will make this relationship NOT a function?
    11·1 answer
  • Find the angle 0 between the vectors.
    12·1 answer
  • Please answer! Will give brainliest please and thank you
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!