A person who filed bankruptcy in the past is able to get a 30-year mortgage loan at a rate that is 5% higher than what they could have received if they had not filed. The interest rate this person pays on a
$150,000 loan is 13.5%, compounded monthly
Assume the person could have received the lower interest rate on the loan and saved all of the difference
in the payments for the first 10 years of the loan. If this person invested this total amount in an account
paying compound interest at the rate of 2.5%, how much money would have accumulated in interest by
the time the mortgage is paid off?

the answer will be

answer: 2 answers

step-by-step explanation: the first one means to spread the product throughout the marketplace such that a large number of people can buy it.  

the second means the process of making a product or service available for the consumer or business user that needs it.

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x =-.20752

step-by-step explanation:

4^(x+2)=12

4^(x+2)=12

take the log base 4 on each side

log 4 (4^(x+2) = log 4(12)

we know log b(a^y) = y log b (a)

(x+2) log 4(4) = log 4 (12)

x+2 = log 4 (12)

we know   logb c = loga c/loga b

we want to convert to base 10   so a = 10

by default, we do not write the 10   c = 4   and b = 10

log4 10 = log 12/log 4

log4 10 = log 12/ log 4

x+2 = log 12/ log 4

subtract 2 from each side

x +2 -2 = log 12/ log 4 -2

x = 1.79248125 -2

x =-.20752