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A couple took out a mortgage for $135,000 on a home they arepurchasing. The mortgage has an amortization period of 20 years and aterm of five years. The interest rate is 8% compounded semi-annually.
a. What was the size of the monthly mortgage payments in the first five years of the mortgage?
b. At the end of the first five years, the mortgage was renewed at 12%compounded semi-annually. What was the size of the newmortgage payment?
c. Suppose the couple decide to make weekly payments on theirrenewed mortgage. What is the size of their weekly payments?
If an object is propelled upward from a height of 96 feet at an initial velocity of 80 feet per sec, then its height after t seconds is given by the equation h=-16t2+80t+96 where h is in feet. after how many seconds will the object reach a height ..
The number of days off taken by 30 police detectives in a given year is provided below. Develop appropriate intervals and create a histogram for the data.
What is derivative of k^13? When does the chain rule have to be used and what is the chain rule?
Please help: Your statistics teacher, knowing the power of sampling, decides to use only 3 of your 5 quiz grades in assigning your grade for the course, chosen at random. Your quiz average using all 5 quizzes is 81.6, with a standard deviation of ..
Find the volume of the pyramid with a rectangular base. 11 in height, 12 in length, and 10 in width.
All coupons are then reinvested at an annual nominal rate of 5% convertible semiannually. Coupons are paid-out at the end of each 6-month period. Calculate the net gain or (loss) to Mellissa at the end of 15 years.
Find a complex potential in the z -plane appropriate to a physical situation in which the half-plane x > 0, y = 0 has zero potential and the half-plane x 0, y = 0 has potential V .
Express your answer as an inequality and explain how you arrived at your answer.
73 students study all three. Can you determine how many students there are in the math department? The answer is well below 814.
Find the coordinates of the vertices of the feasible set for the following system of inequalities.
Calculating Production and Material Consumption Rates, The Ottawa Coat company manufactures winter coats and spring jackets. The winter coat requires 4m of material while the spring jacket requires just 1m
a sample of 100 high school students revealed that the mean time spent working at an outisde job each week is 10.7
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