Provide an appropriate response.James amortizes a loan of $210,000 for a new home by obtaining a 40-year mortgage at the rate of 7.5% compounded monthly. Find (a) the monthly payment, (b) the total interest charges, and (c) the principal remaining after 15 years.
What will be an ideal response?
(a) | $1381.95 | (b) | $453,336 | (c) | $149,523.00 |
Mathematics
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Find the future value of the given annuity. Round to the nearest cent.$4000 is invested annually for 11 years at 4.8% compounded annually
A. $55,236.92 B. $57,236.92 C. $55,736.92 D. $56,236.92
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Use the given values of the variables to find the value of the expression.-6x + 7y + 7 for x = 3, y = 1
A. 22 B. 8 C. 10 D. -4
Mathematics
Solve the problem.What are the x-intercepts of the graph of f(x) = 2 sin(3x) + on the interval [0, 2?]?
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C. ,
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D. ,
Mathematics
Find the indicated quotient. Express the final result using positive integral exponents only.
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Mathematics