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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 ________________
Demerits and merits of the measures of central tendency The arithmetic mean or a.m Merits i. It employs all the observations given ii. This is a very useful
If e were rational, then e = n/m for some positive integers m, n. So then 1/e = m/n. But the series expansion for 1/e is 1/e = 1 - 1/1! + 1/2! - 1/3! + ... Call the first n v
i have trouble going through problem in this lesson. Markdown and Markups are theh ones im stuck in
The length of Kara's rectangular patio can be expressed as 2x - 1 and the width can be expressed as x + 6. In the terms of x, what is the area of her patio? Since the area of a
Example : Determine the equation of the line which passes through the point (8, 2) and is, parallel to the line given by 10 y+ 3x = -2 Solution In both of parts we are goi
Sales price of a compact disc player is $200, each new cd is on sale for $12. kyle purchases a player and some cds for $224. how many cds were purchased?
prove same homotopy type is an equivalent relation
Euler''s Constant (e) Approximate the number to the one hundredth, one ten-thousandths, and one one-hundred-millionth.
A critical dimension of the service quality of a call center is the wait time of a caller to get to a sales representative. Periodically, random samples of 6 customer calls are mea
Solve the subsequent IVP. cos(x) y' + sin(x) y = 2 cos 3 (x) sin(x) - 1 y(p/4) = 3√2, 0 Solution : Rewrite the differential equation to determine the coefficient of t
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