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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 ________________
STRATEGY It refers to a total pattern of choices employed by any player. Strategy could be pure or a mixed one In a pure strategy, player X will play one row all of the
Differentiation Formulas : We will begin this section with some basic properties and formulas. We will give the properties & formulas in this section in both "prime" notation &
Sherman took his pulse for 10 seconds and counted 11 beats. What is Sherman's pulse rate in beats per minute? A 10 second count is 1/6 of a minute. To find out the number of be
It's easier to describe an explicit solution, in this case and then tell you what an implicit solution is not, and after that provide you an illustration to demonstrate you the dif
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the length of three pieces of ropes are 140cm,150cm and 200cm.what is the greatest possible length to measure the given pieces of a rope?
how do you do algebra in 4th grade
i have this data 48 degree, 72 degree, 43.2degree, 24degree , 40.8degree on this make a pie chart
Factor Expressions Involving Large Powers, Radicals, and Trig Functions You can use substitution to factor expressions involving large powers, radicals, and trig functions
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