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You have just renegotiated the interest rate of your home mortgage loan. (This is called rate modification.) The original loan of $400,000 carries an interest rate is 6% has an original maturity of 15 years and requires monthly payments (end of month). There are 80 months remaining to repay the loan. The new mortgage has a lower rate of 4% and will still have 80 months left to maturity. First estimate the monthly savings if you switch to the new lower interest rate and then the difference between the new and old monthly payments.
ANSWER: Difference in payments ________________
Consider the following set of preference lists: Number of Voters (7) Rank 1 1
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Cristiano Ronaldo runs 33.6 kilometres per hour. Usain Bolt set world record for running 100 m at 9.58 sec. Show me how to compare these two sportsmen. Step by step.
A company is considering whether to enter a very competitive market. In case company decided to enter in market this must either install a new forging process or pay overtime wages
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For every girl taking classes at the martial arts school there are 3 boys who are taking classes at the school. If there are 236 students taking classes write and solve a proportio
Maya gives the children examples of distributive with small numbers initially, and leads them towards discovering the law. The usual way she does this is to give the children probl
As x tends to zero the value of 1/x tends to either ∞ or -∞. In this situation we will not be sure about the exact value of 1/x. As a result we will not be sure about the exact/app
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