Mathematics, 11.10.2021 08:00 oglygbbjrapidd2851
In terms of paying less in interest, which is more economical for a $50,000 mortgage a 30-year fixed-rate at 7% or a 15-year fixed-rate at 6.5%? How much is saved
in interest? Use the following formula to determine the regular payment amount.
-
PMT =
[1-(1) ")
Determine which loan is more economical. Choose the correct answer below.
The 15-year 6.5% loan is more economical.
The 30-year 7% loan is more economical.
The buyer will save in interest approximately $|
(Do not round until the final answer. Then round to the nearest thousand dollars.)
Answers: 1
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Jackie purchased 3 bottles of water and 2 cups of coffee for the family for $7.35. ryan bought 4 bottles of water and 1 cup of coffee for his family for 7.15. how much does each bottle of water cost? how much does each cup of coffee cost?
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Which is a true statement about an exterior angle of a triangle a. it is formed by two segments that are not sides of the triangle, b. it forms a linear pair with one of the interior angles of the triangle, c. it is complementary to one of the interior angles of the triangle. d. it is formed by two segments that are sides of the triangle.
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In terms of paying less in interest, which is more economical for a $50,000 mortgage a 30-year fixed...
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