Decide whether the statement makes sense. Explain your reasoning.My mortgage payment is $1500 per month so I will have a tax deduction of 
What will be an ideal response?
No, the statement does not make sense. Only the part of the mortgage payment that goes towards interest can be deducted, not the whole of the mortgage payment.
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Using an appropriate compound interest table, answer the following question. ? Required: ? What is the future amount on December 31, 2024, of eleven deposits of $12,000 each with the first deposit being made on December 31, 2014, and interest at 12% compounded annually?
What will be an ideal response?
Provide an appropriate response.________ is interest paid only on the original principal, and not on any interest added at later dates.
A. Basic interest B. Compound Interest C. Simple interest D. None of the above
Decide whether the statement makes sense. Explain your reasoning.Sandi has a credit card balance of $4000. The credit card company charges interest of APR = 18%, compounded daily. She's broke. She figures if she skips making any payments for three months, she'll end up owing an extra $180 at the end of the three months. That's because 18% APR is equivalent to 1.5% monthly and 1.5% of $4000 is $60, and 3 times $60 is $180.
What will be an ideal response?
Choose the equation that matches the graph.
A. (x - 5)2 + (y - 1)2 = 9 B. (x - 5)2 + (y - 1)2 = 1.732 C. (x - 5)2 + (y - 1)2 = 3 D. (x - 5)2 - (y - 1)2 = 9