Solve the problem.Willie just bought a house. He made a $50,000 down payment and financed the balance with a 30-year home mortgage loan with an interest rate of 5.4% compounded monthly. His monthly mortgage payment is $505.38. What was the selling price of the house? Round your answer to the nearest dollar.
A. $141,545
B. $90,000
C. $149,000
D. $140,000
E. $145,550
Answer: D
Mathematics
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Solve the problem.Suppose you saw an advertisement in the newspaper for a financial planner who was recommending a certificate of deposit that paid 5.5% interest compounded quarterly. In the fine print at the bottom of the advertisement, it stated that the APY on the CD was Was this advertisement accurate?
A. Yes B. No
Mathematics
Solve the given equation.
Mathematics
Graph the function.r(x) = 3
A.
B.
C.
D.
Mathematics
Estimate the sum or difference by rounding.6.6 - 3.4
A. 3 B. 2 C. 4 D. 10
Mathematics