Solve the problem.On December 31, 2005, a house was purchased with the buyer taking out a 30-year $90,000 mortgage at 3% interest compounded monthly. The mortgage payments are made at the end of each month. Calculate:(a) the unpaid balance of the loan on December 31, 2015, just after the 120th payment.(b) the interest that will be paid during January 2016.
What will be an ideal response?
(a) | $68,417.83 (b) $171.04 |
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Find a pattern and use it to solve the problem.Find the next term: 1, 1, 2, 3, 5, 8, 13
A. 21 B. 16 C. 18 D. 15
Find the remainder by long division.(2x3 - 2x + 8) ÷ (x - 3)
A. 40 B. 60 C. 56 D. 52
Solve the problem.The NSC Corporation has just completed its first year of business. The following chart shows its monthly profit (or loss).MonthProfit (Loss) in DollarsJanuary-14,526February1874March-8977April-14,107May14,073June14,632July-13,834August-13,170September-4860October6630November-3338December-974The absolute value of the profit or loss was smallest in .
A. February B. June C. January D. December
Solve.A vendor has learned that, by pricing pretzels at $1.50, sales will reach 102 pretzels per day. Raising the price to will cause the sales to fall to 76 pretzels per day. Let y be the number of pretzels the vendor sells at x dollars each. Write a linear equation that models the number of pretzels sold per day when the price is x dollars each.
A. y = -52x - 180
B. y = 52x + 24
C. y = - x +
D. y = -52x + 180