Mathematics, 10.10.2020 23:01 haleynicole351ovewbg
Find the total year costs for 5 years, 10 years, and 15 years for purchasing and renting a house. Then compare your answers to those in the following table.
Length of Time Purchase Home Rent Home
5 years $78,559.20 $54,900.00
10 years $127,118.40 $115,200.00
15 years $175,677.60 $180,900.00
Purchase Home
Total 5-year cost: $30,000.00+5Γ12Γ$809.32=$78,559.20< br />
Total 10-year cost: $30,000.00+10Γ12Γ$809.32=$127,118.4 0
Total 15-year cost: $30,000.00+15Γ12Γ$809.32=$175,677.6 0
Rent Home
Total 5-year cost: (4Γ12Γ$900)+(1Γ12Γ$975)=$54,900
Total 10-year cost: (4Γ12Γ$900)+(4Γ12Γ$975)+(2Γ12Γ$1050 )=$115,200
Total 15-year cost: (4Γ12Γ$900)+(4Γ12Γ$975)+(4Γ12Γ$1050 )+(3Γ12Γ$1125)=$180,1900
Recall the pros and cons of buying a house and which conditions make it better to to purchase a home. Also, think about the pros and cons of renting a house and which conditions make it better to rent. Use this information along with the total costs you found to answer the following prompts. Make sure to write your answer in complete sentences.
Does renting or purchasing makes the most sense for the Bainters if they live in the house 1 year? 5 years? 10 years? 15 years?
For each interval, explain why you think the Bainters should rent or purchase a home. Use mathematical evidence to support your conclusions.
Answers: 3
Mathematics, 21.06.2019 17:00
100 points, hi, iβm not sure how to get the equation from the graph and table.
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Mathematics, 21.06.2019 19:30
Agroup of randomly selected apple valley high school students were asked to pick their favorite gym class. the table below shows the results of the survey. there are 528 students at apple valley high school. gym class number of students racquet sports 1 team sports 9 track and field 17 bowling 13 based on the data, what is the most reasonable estimate for the number of students at apple valley high school whose favorite gym class is bowling? choose 1 answer a. 9 b. 13 c. 119 d. 172
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Find the total year costs for 5 years, 10 years, and 15 years for purchasing and renting a house. Th...
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