House Mortgage Mr. and Ms.Ostedt have just purchased an $80,000 home and made a 25% down payment. The balance can be amortized at 10% for 25 years. (a) What are the monthly payments? (b) How much interest will be paid? (c) What is their equity after 5 years?
Find the simple interest and the balance of the account. $1000 at 3% for 6 months
Loser rental charges $32.00 a day plus 27 cents per mile. lemon leasers $28.00 plus 30 cents per mile. Most renters drive either fewer than 50 mile or more than 200 miles. I have to start a company that has rates that are less expensive than both of the other two car rentals. Rates must not be less expensive than both of the o