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A person purchased a $145,761 home 10 years ago by paying 15% down and signing a 30-year mortgage at 12.3% compounded monthly. Interest rates have dropped and the owner wants to refinance the unpaid balance by signing a new 15-year mortgage at 6.9% compounded monthly. How much interest will refinancing save?
Question: Use graphical approximation techniques of an equation solver to approximate the desired interest rate. A person makes annual payments of $1000 into an ordinary annuity. At the end of 5 years, the amount in the annuity is $5767.98. What a..
Let the curve C1 be given by r = 3: and curve C2 be given by r = 2 + 2sinθ, both with 0 ≤ θ ≤ 2π. What is the slope of a line tangent ot curve C2 at the point with θ = π/4
Determine the level of output for which profit is maximized and derive an expression for the firms total revenue function.
Two rainstorms occurred in one week in a certain area. In the first storm 25ml of rain fell per hour, and in the second storm 20ml of rain fell per hour. Rain fell that week for a total of 75 hours for a total rainfall of 1700ml.
A farmer buys a harvester for $50,000 and estimates its useful life to be 20 years, after which its scrap value will be $6000.a. Use the formula below to find the value V of the harvester after t years for 0 =20 Value = price - (price - scrap value) ..
A javelin is thrown in the air. It's height is given by h(x)= -1/20x^2+8x+6, where x is the horizontal distance in feet from the point at which the javelin is thrown.
Question: How can differences in two countries' culture create ethical issue in business?
In an essay two to three pages in length, compare and contrast act-utilitarianism and rule-utilitarianism, then make an argument for why you think one is better than the other.
The radius of the path of an object in uniform circular motion is halved.
for a sample of n=100, find the probability of a sample mean being greater than 24.3 if u=24 and o=1.25.
Given the quadratic equation y = 5x2-3x+7 .What is the ordered pair that defines the y-intercept?
Let's start by describing some of the major characteristics and challenges of the World Trade Organization by using Brazil and Norway as examples. Then, let's discuss what some of the main steps forward as well as roadblocks in the Doha Rounds?
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