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You have just renegotiated the interest rate of your home mortgage loan. (This is called rate modification.) The original loan of $400,000 carries an interest rate is 6% has an original maturity of 15 years and requires monthly payments (end of month). There are 80 months remaining to repay the loan. The new mortgage has a lower rate of 4% and will still have 80 months left to maturity. First estimate the monthly savings if you switch to the new lower interest rate and then the difference between the new and old monthly payments.
ANSWER: Difference in payments ________________
Can you help me find out how to find the surface area of a prism
Ryan's gym membership costs him $390 per year. He pays this within twelve equal installments a year. How much is every installment? To ?nd out each installment, the total yearl
ABC is a triangle right angled at c. let BC=a, CA=b, AB=c and lrt p be the length of the perpendicular from C on AB. prove that cp=ab and 1/p2=1/a2+1/b2
draw the graph of following pair of linear equation:-2y=4x-6
how to solve temperature converting
Does the Angle-Side Relationship Theorm work for all triangles or just a certain type of triangle? Does is correspond with the orthocenter of a triangle?
Karen is buying a wallpaper border for her bedroom, that is 12 ft by 13 ft If the border is sold in rolls of 5 yards each, how many rolls will she required to purchase? The dis
Describe the System with 3 Variables ? This is an example of solving a system of equations using the substitution method. Warning: You will not understand this example if you
need answer to integers that equal 36
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