Solve the problem.
Jackie Rambler purchased a home for $124,000. Oakwood Mortgage Company approved her loan application for a 22-year fixed-rate loan at 6.25%. Jackie agreed to pay 20% of the purchase price as a down payment. How much interest would she have saved if she made the same loan with the same down payment for 12 years?
A. $41,521.15
B. $51,901.44
C. $43,592.45
D. $37,592.83
Answer: A
You might also like to view...
Provide an appropriate response. log 1,000,000 = 6 written in exponential form is:
A. 1,000,0006 = 10 B. 610 = 1,000,000 C. 101,000,000 = 6 D. 106 = 1,000,000
Solve the problem.A chemist needs 130 milliliters of a 72% solution but has only 17% and 82% solutions available. Find how many milliliters of each that should be mixed to get the desired solution.
A. 100 mL of 17%; 30 mL of 82% B. 20 mL of 17%; 110 mL of 82% C. 110 mL of 17%; 20 mL of 82% D. 30 mL of 17%; 100 mL of 82%
Multiply the polynomials.(10m + 11n)(8m2 - 2mn - 2n2)
A. 80m3 + 108m2n + 42mn2 - 22n3 B. 80m3 + 68m2n - 42mn2 - 22n3 C. 80m3 + 68m2n - 20mn2 - 22n3 D. 80m3 - 20m2n - 20mn2 + 11n3
Multiply.3(4)
A. 120 B. 9 C. 12 D. 2