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You are applying for a mortgage for $150,000 to buy a house. You shop around and find these two possible mortgage options:
A 20 year mortgage loan with an APR of 6% A 30 year mortgage loan with an APR of 5% What are your monthly payments with each loan?
How much will you pay over the life of each loan? How much of that is interest?
Which option would you choose? Explain your reasoning, taking into account your answers to both (1) and (2).
Answer all parts of the problem. Show your justification for every step in your solution. Use clear, mathematically accurate language.
Label all numbers with the units they represent (e.g., 0.3048 ft/meter).
Clearly state your conclusions using complete English sentences (for example, "Jill needs to add 43 gallons of water to her pool").
the base of a cylindrical water tank has an area of 28 feet. when the tank is full it hold 140 feet of water. what is the hight of the tank?
Show that: (a ⊥ m & b ⊥ m) ↔ (ab) ⊥ m.
a farmer wants to fence off land along a river into five equal areas by using on section of fence parallel to the river and six sections perpendicular to it. what should the dimensions be to maximize the total area using 1200 feet of fence?
If q is the number of quarts of lemonade ,than 1/4q can be used to find the number of cups of lemonade mix needed to make the lemonade. How muck mix is needed to make each amount of lemonade? 2 quarts, 8 quarts, 12 quarts, 18 quarts
An investor bought 150 shares of High Flying Airlines. She paid $60 per share for 50 shares, $50 per share for 60 shares, $75 per share for 40 shares. What was her average price per share?
Flank wear data were collected in a series of turning tests using a coated carbide tool on hardened alloy steel at a feed of 0.30 mm/rev and a depth of 4.0 mm. At a speed of 100 m/min, flank wear = 0.12 mm at 1 min, 0.27 mm at 5 min, 0.45 mm at 11 mi..
the company has collected data concerning weekly fuel consumptiony average hourly temperaturex1 and the chill indexx2.
Combining the information above, find the probability that the xth opportunity is a close call (that it occurs immediately before the nth shock).
Solve the following system of equations using the Substitution method: Solve the following system of equations using the elimination method:
writing the equation of the rectangular hyperbola.find the equation of the rectangular hyperbola which has for one of
The Bunny Number Oney rabbit farm noticed that the rate of increase in rabbits on the farm was directly proportional to the number of rabbits at the farm at any time t. It was further noticed that the number of rabbits increased from 200 to 400 in..
Estimate all the stationary points
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