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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 ________________
objective of linear programming?
There are k baskets and n balls. The balls are put into the baskets randomly. If k
two fathers and two sons went fishing . they caught only 3 fish and divided them equally among themselves without cutting. is it possible? how?
The actual solution is the specific solution to a differential equation which not only satisfies the differential equation, although also satisfies the specified initial conditions
Let D(subscript12) = ({x,y : x^2 = e ; y^6 = e ; xy =(y^-1) x}) a) Which of the following subsets are subgroups of D(subscript12) ? Justify your answer. i) {x,y,xy,y^2,y^3,e}
what is the difference between North America''s part of the total population and Africa''s part
Let u = sin(x). Then du = cos(x) dx. So you can now antidifferentiate e^u du. This is e^u + C = e^sin(x) + C. Then substitute your range 0 to pi. e^sin (pi)-e^sin(0) =0-0 =0
When there are 4 dots how many chords are they
Graphical Method While drawing the graph on a natural scale, the independent variables are marked along the horizontal line and corresponding dependen
what toold we need to study market
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