Mathematics, 09.12.2020 03:40 fiorentinologan4
If you borrow $400,000 at an APR of 4% for 15 years, you will pay more per month than if you borrow the money for 30 years at 4%. However, you will pay much more in interest over the life of the loan. Answer the questions below (10 points):
a. What is the monthly payment on the 15-year mortgage, to the nearest cent? (Be sure to use Excel to calculate the monthly payment.)
b. What is the total interest paid on the 15-year mortgage?
C. What is the monthly payment on the 30-year mortgage, to the nearest cent?
d. What is the total interest paid on the 30-year mortgage?
e. How much more interest in paid on the 30-year loan?
Answers: 3
Mathematics, 21.06.2019 21:00
Apiling for a high-rise building is pushed by two bulldozers at exactly the same time. one bulldozer exerts a force of 1250 pounds in a westerly direction. the other bulldozer pushes the piling with a force of 2650 pounds in a northerly direction. what is the direction of the resulting force upon the piling, to the nearest degree? a. 65 n of w b. 25 n of w c. 45 n of w d. 35 n of w
Answers: 1
Mathematics, 21.06.2019 21:00
Rewrite the following quadratic functions in intercept or factored form. show your work. f(x) = 3x^2 - 12
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Mathematics, 21.06.2019 21:30
Jake bakes and sell apple pies. he sells each pie for $5.75 . the materials to make the pies cost $40. the boxes jake puts the pies in cost & 12.50 total. how many pies does jake need to sell to earn a profit of $50
Answers: 3
If you borrow $400,000 at an APR of 4% for 15 years, you will pay more per month than if you borrow...
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