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 17:30
8000 + 8800 + 8000 + 8 million + 80 trillion + another a katrillion equals
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Mathematics, 21.06.2019 18:00
Aschool puts on a play. the play costs $1,200 in expenses. the students charge $4.00 for tickets. there will be one performance of the play in an auditorium that seats 500 people. what is the domain of the function that shows the profit as a function of the number of tickets sold?
Answers: 2
Mathematics, 21.06.2019 19:00
Analyze the graph of the cube root function shown on the right to determine the transformations of the parent function. then, determine the values of a, h, and k in the general equation. y=a3x-h+k h= . k= done 000000l o 7 of 8
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Mathematics, 21.06.2019 21:00
To finance her community college education, sarah takes out a loan for $2900. after a year sarah decides to pay off the interest, which is 4% of $2900. how much will she pay
Answers: 1
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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