Answer: The total interest paid on the mortgage is $179550
Step-by-step explanation:
The initial cost of the property is $300000. If he deposits $30000, the remaining amount would be
300000 - 30000 = $270000
Since the remaining amount was compounded, we would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 270000
r = 2% = 2/100 = 0.02
n = 12 because it was compounded 12 times in a year.
t = 25 years
Therefore,
A = 270000(1+0.02/12)^12 × 25
A = 270000(1+0.0017)^300
A = 270000(1.0017)^300
A = $449550
The total interest paid on the mortgage is
449550 - 270000 = $179550
Answer:
Step-by-step explanation:
As per midsegment theorem of a trapezoid,
Segment joining the midpoints of the legs of the of the trapezoid is parallel to the bases and measure half of their sum.
Length of midsegment = 
3). MN = 
= 14
4). MN = 
= 66.5
5). MN = 
7 = 
14 = AB + 10
AB = 14 - 10
AB = 4
6). 15 = ![\frac{1}{2}[(3x+2)+(2x-2)]](https://tex.z-dn.net/?f=%5Cfrac%7B1%7D%7B2%7D%5B%283x%2B2%29%2B%282x-2%29%5D)
30 = 5x
x = 6
The answer is C
4(3-x)+6x=3x+12-x All real numbers are solutions.
Yes! This is because -150/10 can be simplified to be -15, which is a rational number.
The word “rational” sounds like another math word you’ve heard of before. Do you know what it is?
Well, it’s “ratio”!! Ratios can be seen in the forms x:y and x/y.
ANY RATIONAL NUMBER HAS THE ABILITY TO BE WRITTEN AS A RATIO!! This will completely exclude numbers with super long decimal points (ex: 1.2345678809928374737272828...)
This number also meets the requirements of being an integer. An integer is any whole number (this excludes decimals and fractions)
I know it’s written as a fraction. However, the fraction could be simplified, making it -15, which means this is both a rational number and an integer!!
