# Mikiah

Popular questions and responses by Mikiah-
## Finite Math

A group of private investors purchased a condominium complex for $2 million. They made an initial down payment of 15% and obtained financing for the balance. The loan is to be amortized over 13 years at an interest rate of 15% per year compounded

*asked on December 6, 2018* -
## History

Which defines caste system? Hindu practice of determining social status by birth Muslim system of separating men and women in society European feudal practice of granting knighthood to a warrior Buddhist belief of spiritual equality based on nirvana

*asked on March 17, 2019* -
## Finite Math

Five years ago, Diane secured a bank loan of $390,000 to help finance the purchase of a loft in the San Francisco Bay area. The term of the mortgage was 30 years, and the interest rate was 8% per year compounded monthly on the unpaid balance. Because the

*asked on December 6, 2018* -
## Finite Math

The Turners have purchased a house for $160,000. They made an initial down payment of $40,000 and secured a mortgage with interest charged at the rate of 9%/year compounded monthly on the unpaid balance. The loan is to be amortized over 30 yr. (Round your

*asked on December 6, 2018*