8. A family has an RM80,000, 20-year loan at 8% compounded monthly. (a) Find the monthly payment and the total interest paid.
(5 marks)
(b) Suppose the family decides to add an extra $100 to its mortgage payment each month
starting with the very first payment. How long will it take the family to pay off the
mortgage?
(7 marks)
(c) Referring to part (i) and (ii), how much interest will the family save? (4 marks)
ANSWER

step-by-step explanation:

3. (5x + 1) - (-10x + 6)

simplify the answer choice. combine like terms. remember to distribute the negative to the terms inside the second parenthesis. also remember that two negatives = one positive, and one of each sign = negative.

- (-10x + 6) = + 10x - 6

simplify. combine like terms:

5x + 1 + 10x - 6

5x + 10x + 1 - 6

15x - 5

∴ it is your answer

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i suppose it should be (y=2x-5)

step-by-step explanation: