Mr. and mrs. Rainer took out a $240,000 loan to purchase their home. If the interest rate on the loan is 1.2% compounded bimonthly, how much interest will they paid after 30 years?

$103968.11.

Step-by-step explanation:

Given information:

Principal amount = $240,000

Rate of interest = 1.2% = 0.012

Number of years = 30

Number of times in an year = 24

Formula for amount:

where,

P is principal, r is rate of interest, t is number of years, n is number of times interest compounded in a year.

Now,

Hence, the interest is $103968.11.

the answer to the question is a  

it has the same slope and the same y-intercept.

d.) yes, because the volume of the cone is greater than the volume of the sphere

step-by-step explanation: