Mathematics, 07.12.2021 03:20 kkruvc

Consider the mortgage loan of $150,000 at a nominal 6% yearly interest applied monthly at a rate of 0.5% per month. Monthly payments of $1,000 are being made on this loan. Determine how much is owed on this loan at the end of the first, second, third month and fourth months. Show the work that leads to your answers. Evaluate all expressions. How much is still owed after 5 years of payment

Answers: 3

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 18:30

You were told that the amount of time lapsed between consecutive trades on the new york stock exchange followed a normal distribution with a mean of 15 seconds. you were also told that the probability that the time lapsed between two consecutive trades to fall between 16 to 17 seconds was 13%. the probability that the time lapsed between two consecutive trades would fall below 13 seconds was 7%. what is the probability that the time lapsed between two consecutive trades will be between 14 and 15 seconds?

Answers: 3

Answer

Mathematics, 21.06.2019 19:00

Ab based on the given diagram, if m_1 = 60° then m 2 = 30 60 90 180

Answers: 1

Answer

Mathematics, 21.06.2019 20:00

Question 3 (essay worth 10 points) (03.06 mc) part a: max rented a motorbike at $465 for 5 days. if he rents the same motorbike for a week, he has to pay a total rent of $625. write an equation in the standard form to represent the total rent (y) that max has to pay for renting the motorbike for x days. (4 points) part b: write the equation obtained in part a using function notation. (2 points) part c: describe the steps to graph the equation obtained above on the coordinate axes. mention the labels on the axes and the intervals. (4 points)

Answers: 1

Answer

Mathematics, 21.06.2019 20:30

Barbara has a good credit history and is able to purchase a car with a low-interest car loan. she co-signs a car loan for her friend jen, who has poor credit history. then, jen defaults on the loan. who will be held legally responsible by the finance company and why? select the best answer from the choices provided. a. barbara will be held legally responsible because she has a good credit history. b. jen will be held legally responsible because she drives the car. c. barbara will be held legally responsible because she is the co-signer. d. jen will be held legally responsible because she has a poor credit history. the answer is a

Answers: 3

Answer

You know the right answer?

Consider the mortgage loan of $150,000 at a nominal 6% yearly interest applied monthly at a rate of...

Questions

Mathematics, 21.11.2020 14:00

2 + 2 is 4 minus 1 thats 3 quick maths. is this statement by big shaq ture?...