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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?
A school has 105 students, and seven classes. If each student takes three classes, and each class is taken by the same number of students, how many students are taking each class?
A bowl is shaped like a hemisphere with a diameter of 60 cm. Water is poured into the bowl to depth of 12 cm. Find the volume of the water in the bowl.
use eulers method to calculate the first three approximations to the given initial value problemuse eulers method to
[1, 1], and y [1, 1]. Approximate the volume under the following surface using rectangles from the previous problem. Does each column have the same number of rectangles? On what does the number of rectangles per column depend?
The Mico soft drink company makes two kinds of beverages: regular and diet. Their limited resources are the time it takes to make the drinks (8 hours = 480 minutes per day) and syrup (as an ingredient) limited to 675 gallons per day.
Important information about Find the probabilities, Suppose a family plans 6 children, and the probability that a particular child is a girl is ½.
Discussion: Annuities and Sinking Funds Annuities and Sinking Funds 1. You need to know how annuities work because many financial planners advise their clients to have them for retirement planning. Do you think that you need them? If so, then how..
Evaluate the matrix of transformation
Do the data indicate a significant difference in average off-schedule lime? Use a 5 percent level of significance.
When 5/20483 is written as a decimal, what is the maximum length of the repeating section of the representation?
1) Use the digits of your birthday as the amount of your initial investment (i.e., 6/25 is $625), calculate the value of this investment after 10 years at 3.5% APR for interest compounded yearly, quarterly, monthly, and daily. What do you notice?
List the six general types of information management systems, and give one logistics application to each one of the types listed. Highlight the advantages and/or disadvantages.
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