What is the total interest you will have paid for the scenario below?
the home you purchased was sold for $141,000 with a fixed apr of 1.035% across 40 years. the down payment required was 6.0%.

Total interest you will pay=$3,502.44

Step-by-step explanation:

The interest accrued you will pay can be expressed as;

Interest=Principal×rate×time

where;

Principal=down payment=6% of total amount

Total amount=$141,000

Down payment=(6/100)×141,000=$8,460

Annual rate=1.035%=1.035/100=0.01035

Time=40 years

replacing;

Interest=Principal×rate×time

Interest=8,460×0.01035×40

Interest=$3,502.44

Total interest you will pay=$3,502.44

  5.   y=6; de=7; fg=8

  6.   x=4.2; jl=14.2; mn=13

step-by-step explanation:

when chords cross inside a circle, the product of the segment lengths is a constant.

5. dh×eh = fh×gh

  y = gh = dh×eh/fh = 3×4/2 . . . divide by the coefficient of gh

  y = 6

of course, the total chord length is the sum of the lengths of its segments.

  de = dh +eh = 3+4 = 7

  fg = fh +gh = 2+6 = 8

6. this problem works the same way as the previous one.

  x = lk = mk×nk/jk = 6×7/10 = 4.2

  jl = jk +lk = 10 +4.2 = 14.2

  mn = mk +nk = 6 +7 = 13

comment on chords and secants

you can think of the points h (problem 5) and k (problem 6) as points where the chords meet. a chord is part of a secant line, a line that intersects the circle in two points. one can also consider these points (h or k) to be the points where the respective secant lines meet.

then, the product that is a constant is the product of the distance from the meeting point (h or k) to one circle intersection with the distance from that meeting point to the other circle intersection. for problem 5, the constant is the product hd×he = hf×hg.

it turns out that this rule regarding the products of lengths to points of intersection is also true when the secants intersect outside the circle.

that is, you only need to remember one rule to work both kinds of problems.

on your paper it doesn't say the answer but the the answer is altitude

step-by-step explanation: