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Mathematics
Financial Mathematics
Compound Interest
If the average new house costs $210,000 today, how much will it cost in 10 years if the price increases by 5% each year?
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If the average new house cost $210,000 today, how much will it cost in 10 years if the price increased by 5% each year
Top answer:
210,000(1+0.05)^10 210,000(1.05)^10 = ?
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If the average new home costs $ 275,000 today, how much will it cost in 10 years if the price increases by 5 percent each year?
Top answer:
275000 * 1.05^10 = 447946
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A house costs $289,000. With a 5% down payment, 2 points due at closing, and the rest financed for 25 years at 6.0% fixed
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To find the total cost of the house, we need to calculate the down payment, points, and the total
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A house costs $289,000. With a 5% down payment, 2 points due at closing, and the rest financed for 25 years at 6.0% fixed
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Can you help?
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A house costs $289,000. With a 5% down payment, 2 points due at closing, and the rest financed for 25 years at 6.0% fixed
Top answer:
100% - 5% = 95% Down payment. Po = 0.95 * $289,000 = $274,550.=Amount of loan. P =
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1. A solar energy project is expected to have capital costs of $995,000, average yearly operating costs of $175,000, and a
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1. A solar energy project is expected to have capital costs of $995,000, average yearly operating
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A solar energy project is expected to have capital costs of $995,000, average yearly operating costs of $175,000, and a lifetime
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The formula to calculate the levelized cost of energy (LCOE) is: LCOE = (total costs over lifetime)
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A solar energy project is expected to have capital costs of $995,000, average yearly operating costs of $175,000, and a lifetime
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To calculate the levelized cost of energy (LCOE), we need to take into account the total costs of
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A solar energy project is expected to have capital costs of $785,000, average yearly operating costs of $123,000, and a lifetime
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To calculate the levelized cost of energy (LCOE), we need to consider the total costs over the
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The cost of a new house can be represented by the regression equation c equals 120 f plus 90,000, where $120 is the cost per
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To find the square footage of the house, we need to solve the equation for f: c = 120f + 90,000
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