subject
Mathematics, 08.06.2021 05:10 JunoJackson

A couple purchased a home and signed a mortgage contract for $900,000 to be paid with half-yearly payments over a 25-year period. The interest rate applicable is j2=5.5% p. a applicable for the first five years, with the condition that the interest rate will be increased by 12% every 5 years for the remaining term of the loan. a) Calculate the half-yearly payment required for each five-year interval

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 16:30
Quadrilateral ghjk has vertices g(2, 3), h(8, 2), j(6, 8), and k(3, 6). it is transformed according to the rule t(–4, –5). what are the coordinates of g”? (–7, 3) (–2, 2) (–1, –7) (2, –2)
Answers: 2
question
Mathematics, 21.06.2019 18:20
The length of a rectangle plus its width is 25 cm. the area is 156 square cm. what are the length and width of the rectangle? separate the answers with a comma.
Answers: 3
question
Mathematics, 21.06.2019 21:00
Acomposition of transformations maps δxyz to δx"y"z". the first transformation for this composition is , and the second transformation is a 90° rotation about point x'.
Answers: 1
question
Mathematics, 21.06.2019 22:10
Rationalize the denominator- 12x/√x-10
Answers: 1
You know the right answer?
A couple purchased a home and signed a mortgage contract for $900,000 to be paid with half-yearly pa...
Questions
question
Mathematics, 15.12.2020 01:10
question
Mathematics, 15.12.2020 01:10
question
Advanced Placement (AP), 15.12.2020 01:10
question
Mathematics, 15.12.2020 01:10
question
Business, 15.12.2020 01:10
question
English, 15.12.2020 01:10
Questions on the website: 13722363