I have inherited $40,000. I want to save it for 5 years to make down payment on new home. I get info from two diff banks. Bank A - 5.78% APR with semi annual compounding. Bank B - 5.75% APR with daily compounding. Which bank would you use to maximize your return? For Bank A - ...
to continue. it asks how much in total you will pay over the 15 years based on mortgage and down payment. I used the (893.60*12)(15)+40,000=200848.00. It then asks what portion of that is interest. I used the 200848.00FV 125000PV 180N with the I/YR=3.17%.
You want to purchase a home. cost $165,000. you have $40,000 downpayment. you want to finance rest at 3.5% for 15 years. how much will monthly mortgage be? How much in total will you pay over the 15 years even counting the downpayment? I came up with payment of $893.6 for firs...
you are saving for your child's college.. there are 15 years before they will be in college. you have saved 0 so far. Your goal is $98,000. assume annual in rate is 8%. how much must you save at the end of each year in equal amounts to reach your goal? I know that with the...
A B & C are correct D.Should say: 2F---Fsub2. Exothermic. One bond is formed F-F 0-155= -155kJ/mol.
Physics (my last problem)
A 3.4 kg ogject to the right at 3.5 m/s hits a stationary object of mass 2.7 kg. After the collision the 2.7 kg object moves to the right at 1.8 m/s. A) What is the final verlocity of the 3.4 kg object? B) What is the total kinetic energy og the objects before the collision? C...
thank you soooooo much(:
A projectile is shot horizontally at 220 m/s from the top of a 620 m high cliff. A) How long till the projectile hits the ground? B) How far from the base of the cliff does the projectile land? I am gonna be honest. I have no idea how to do any of my Physics homework. ): I sti...
AP US History
How did the McKinley Tariff Act hurt the farmers?
more physics ):
A tennis player places a 51 kg ball machine on a frictionless surface, as shown below. The machine fires a 0.067 kg tennis ball horizontally with a velocity of 33.4 m/s toward the north. What is the final velocity of the machine? Can you please EXPLAIN how to get the answer?!
For Further Reading