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Two friends want to purchase a new house and can afford to make monthly payments of $1000.00. They go to the bank and obtain a mortgage for $195 000.00 compounded semi-annually and amortized over 25 years.
They wonder if it would be wise to find a less expensive house to reduce the amortization period to 20 years. What would be the maximum mortgage they could afford assuming that only the amortization period changes?
Find the exact value: sin-1[sin(-9π/8)]. Find the exact value: sin-1(cos(3π/4)) and Establish the identity: (cot θ/1-tan θ) + (tan θ/1 - cot θ) = 1 + tan θ + cot θ
Determine the intervals on which 'f ' is concave up and the intervals on which 'f ' is concave down. Find the values of all local minima and local maxima of 'f '. Explain why each value you find is a minimum or a maximum.
Evaluate the maximum revenue using cost and revenue function.
Suppose 20% of the accounts are preferred, 50%are regular accounts, and 30% are basic accounts. Find the probability that a particular frozen account is a preferred account.
At point on the ground 70 feet from base of a tree the distance to the top of the tree is 2 feet more than 3 times the height of the tree. What is the height of the tree?
A 3-ft by 5-ft picnic table is placed on an outdoor patio measuring x ft by (x + 1) ft. Find a polynomial for the remaining open space on the patio (in square feet).
use the following data to answer the questions below. assume a perfectly competitive product market.units of
X=4 Draw a card from a deck, observe the card, and replace the card within the deck. Count the number of times you draw a card in this manner until you observe a jack.
Find the maximum value attained by the function f on the whole real line.
If your starting salary were $40,000 and you received a 3% increase at the end of every year for 15 years, what would be the total amount, in dollars, you would have earned over the first 16 years that you worked
a solid is formed by adjoining two hemispheres to the ends of a right circular cylinder. the total volume of the solid
How do you determine how many observations to average in a moving average model? How do you determine the weightings to use in a weighted moving average model?
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