Karen has a $140,000 home financed with a 30-year loan at 5%. if she wished to pay one extra monthly payment each year, how many months will it take her to pay off her mortgage?

332 months approx.

Step-by-step explanation:

EMI formula is :

Substituting p = 140000

r =

n =

Solving this we get;

EMI = $751.48

So, total amount that is to re paid in 360 installments = dollars

Now, if one extra payment is made each year that means 13 payments per year.

So, amount paid per year = dollars

Now, $270532.80 will be repaid in =

= 27.69 years

This will become approx months

= 332 months.

so firstly, we need to isolate the y variables to be able to solve these inequalities. firstly, add 0.5x on both sides of the first inequality and subtract 1.5x on both sides of the second inequality:

now since the slope is positive for the first inequality, this means that the line going upwards belongs to the first inequality, and the line going downwards belongs to the second inequality.

next, since y ≥ in the first inequality, this means that the shaded region will be above the first inequality's line, thus shading regions a and b.

next, since y ≤ in the second inequality, this means that the shaded region is going to be below this line, thus shading regions a and c.

since both lines shade region a, this means that region a is the solution.

step-by-step explanation:

mark brainliest!

according to egenuity the answer is

step-by-step explanation:

d. 344.22