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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 ________________
Determine the slope following lines. Sketch the graph of line. The line which contains the two points (-2, -3) and (3, 1) . Solution we'll need to do is employ
i need help
how can we represent this mathematical equation on a graph y=2x-1
when i couulate the formula f 64 divided by 65 how do i do this
Determine Rank Correlation Coefficient A group of 8 accountancy students are tested in Quantitative Techniques and Law II. Their rankings in the two tests were as:
solve the in-homogenous problem where A and b are constants on 0 ut=uxx+A exp(-bx) u(x,0)=A/b^2(1-exp(-bx)) u(0,t)=0 u(1,t)=-A/b^2 exp(-b)
When I complete each of the three methods, should I get the same x and y values?
Derivatives The rate of change in the value of a function is useful to study the behavior of a function. This change in y for a unit change in x is
Find the center and radius of the circle whose equation is 3 x^2 - 8 x+ 3 y^2+ 4 y+ 2 = 0
The ratio of boys to girls at the dance was 3:4. There were 60 girls at the dance. How many boys were at the dance? Use a proportion comparing boys to girls at the dance. Boys/
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