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The credit union offered Zach a $200,000, 10 year loan at a 3.625% APR. The bank offe...
Mathematics, 16.04.2020 02:57, aliyahaliyah54
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The credit union offered Zach a $200,000, 10 year loan at a 3.625% APR. The bank offers Zach the option to purchase points at a cost of 1% of the loan amount. Each point purchased lowers the APR by 0.125%
Part A
About how many years will it take Zach to break-even if he purchases 1 point? years
Part B
Should Zach purchase the points?
Answers: 3
Mathematics, 21.06.2019 15:50, tmarie03
Which formula finds the probability that a point on the grid below will be in the blue area? p(blue) = total number of squares number of blue squares number of blue squares p(blue) = total number of squares number of blue squares p(blue) = number of white squares
Answers: 1
Mathematics, 21.06.2019 21:00, Anybody6153
Ariana starts with 100 milligrams of a radioactive substance. the amount of the substance decreases by 20% each week for a number of weeks, w. the expression 100(1−0.2)w finds the amount of radioactive substance remaining after w weeks. which statement about this expression is true? a) it is the difference between the initial amount and the percent decrease. b) it is the difference between the initial amount and the decay factor after w weeks. c) it is the initial amount raised to the decay factor after w weeks. d) it is the product of the initial amount and the decay factor after w weeks.
Answers: 1
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Reinel saves 30% of every pay check. his paycheck last week was 560$. how much did reniel save last week?
Answers: 2
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