You plan to purchase a house for $330,000 and you will make a 20% down payment. You are evaluating two mortgages a 30-year fixed mortgage at 2.97and a 15-year fixed mortgage at 2.35%. Your goal is to have a monthly payment that fits within your budget.
A. Which mortgage will give you the lowest monthly payment? What will that payment be? How much less will this be than the other monthly mortgage payment?
b. Assuming you take the full term of the mortgage, which mortgage will result in you paying the most interest? What will that interest be?

answer: options?

step-by-step explanation:

(a) the volume of the cone is 20/3 in3

hence, option a is correct.

step-by-step explanation:

12: 00 p.m. to 7: 00 p.m. is a total of 7 hours.

4: 00 p.m. to 7: 00 p.m. is a total of 3 hours.

this means that from 4: 00 p.m to 7: 00 p.m. this represents 3/7 of what was lost from 12: 00 p.m. to 7: 00 p.m.

after knowing this, after doing 11,600 - 6,800 = 4,800

4,800 represents 3/7 of what was lost for 7 hours.

we then divide 4,800 by 3 which gets 1,600.

because we know that 1,600 represents 1/7 of how much water was lost, we just have to multiply by 7, which gets 11,200.   after adding 11,200 to how much water was left at 7: 00 p.m. which was 6,800. 11,200 + 6,800 = 18,000

this means that the pool originally had 18,000 gallons in the pool.

you can also check your work by doing 18,000 - 4(1600), which becomes           1800 - 6400 which gets you 11,600.