Artie is financing a condominium for $313,000. he gets a 30-year, fixed rate mortgage with a rate of 5.275%. how much interest will he pay over the life of his loan?

$302956.4

Step-by-step explanation:

Given that:

We need to find out the monthly payment:

<=> = 1710.99

Total payment:

T = nP

T = 360 ×1710.99 = $615969.4

The amount of interest he will pay over the life of his loan is:

I = T – A

= $615969.4 - $313000

= $302956.4

7.9m and 4.3°

step-by-step explanation:

let east be +x and north be +y, x = distance * cos θ, y = distance * sin θ  

for 3.5 south, y = -3.5  

for 8.2, x = 8.2 * cos 30 and y = 8.2 * sin 30  

for 15 west, x = -15  

total x = 8.2 * cos 30 – 15 ≈ -7.9  

total y = -3.5 + 8.2 * sin 30 = 0.6  

magnitude = [(8.2 * cos 30 – 15)^2 + 0.6^2)]^0.5  

the magnitude is approximately 7.9 m  

tan θ = y/x = 0.6/-7.9  

the angle is approximately 4.3˚ north of west