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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 ________________
What is input - output analysis?
the ratio of boys to girls in the sixth grade is 2:3 if there are 24 boys, how many are girls?
5+5
What decimal is represented by point A on the number line? The hash marks indicate units of 0.01 between 0.75 and 0.80. Point A is 0.77. See the ?gure below.
The points A,B,C and D represent the numbers Z1,Z2,Z3 and Z4.ABCD is rhombus;AC=2BD.if Z2=2+i ,Z4=1-2i,find Z1 and Z3 Ans) B(2,1) , D(1,-2) Mid Point (3/2,-1/2) Write Equati
A reliability system consists of 15 independent components. The probability that a component works is 0.9 for each. The system works if at least 11 of the components work. Fi
I AM A EXPERT OF MATHEMATICS.CAN I BECOME A TUTOR? PLEASE TELL ME SOON.
how do you do divideing with a remaider
what is slope
Higher-Order Derivatives It can be seen that the derivative of a function is also a function. Considering f'x as a function of x, we can take the derivative
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