Mathematics, 11.05.2021 20:40, ariannanykole1

R118 212, 21 Question 16
A family takes out an R800 000 mortgage from the bank to buy a new home. The bank charges
interest at an annual rate of 14% compounded monthly over 20 years. How much of the
outstanding balance on the loan will the family still owe at the end of the first year?
1. R772 687,39
2. R783 083,94
3. R792 129,68
4. R799 385,17

Answers: 3

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 15:30, southerntouch103

Gretchen is setting up for a banquet. she has 300 chairs and needs to distribute them evenly among t tables. how many chairs should she put at each table? write your answer as an expression.

Answers: 2

continue

Mathematics, 21.06.2019 20:00, joelhtx

Evaluate the discriminant of each equation. tell how many solutions each equation has and whether the solutions are real or imaginary. x^2 - 4x - 5 = 0

Answers: 2

continue

Mathematics, 21.06.2019 21:50, roxanneee2145

5. which description does not guarantee that a quadrilateral is a squar ajo is a parallelogram with perpendicular diagonals 0% has all sides congruent and all angles congruent o has all right angles and has all sides congruent 10% is both a rectangle and a rhombus 30%

Answers: 2

continue

Mathematics, 21.06.2019 23:00, londonchanel

Sara made $253 for 11 hours of work. at the same rate how much would he make for 7 hours of work?

Answers: 2

continue

Do you know the correct answer?

R118 212, 21 Question 16
A family takes out an R800 000 mortgage from the bank to buy a new ho...