psychobillyjack psychobillyjack

23-01-2017
Mathematics

contestada

kandy is financing a $335,000 mortgage for 30 years at a fixed rate of 7.5% what is the total cost of the principal and interest after 30 years?

Respuesta :

MissPhiladelphia MissPhiladelphia

31-01-2017

Given:
F= $335,000
n = 30 years at a fixed rate of i = 7.5%

Required:
the total cost of the principal

Solution:
F = P(1+i)^n
P = F/(1+i)^n
P = 335,000 / (1.0.075)^30
P = 38,264.05

Answer Link

Otras preguntas

A bag of cookies can be shared equally among 2,3,4,5, or 6 people.What is the least number of cookies the bag could have? hat is the least number of cookies the

Provide an example of at least five ordered pairs that do not model a function. The domain will be any five integers between 0 and 20. The range will be any fi

a bottle contains red marble and blue marbles. a marble is chosen at random and not replaced. then a second marble is chosen at random. determine the probabilit

Advantages and Disadvantages of Malls

given the equation of a circle x^2+y^2-10x+4y+13=0. find its center and radius. i am having trouble please help

Which is greater .05 or .001

4m-5t=-22 5m+6t=-3 Solve by Elimination

5^3x=27, what is the value of 5^2x?

let f(x)=3x-6 and g(x)=x-2. find the g/f and state its domain.

A certain been plant grows 15% in height each day. Today after 10 days it is 27 inches tall. How tall was it yesterday?