1. Jessica is buying a home. The selling price is $263000. Jessica has been approved for a 30-year fixed interest loan with a 20% downpayment. LOAN DATA Principal: $210400 APR: 2.8% Round all answers to the nearest dollar. Compute the monthly payments for the 30-year loan.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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1. Jessica is buying a home. The selling price is $263000. Jessica has been approved for a 30-year fixed interest loan with a 20% downpayment.

LOAN DATA

Principal: $210400

APR: 2.8%

Round all answers to the nearest dollar.

Compute the monthly payments for the 30-year loan.

2.Mr. Jarvis teaches a science class with 16 students. Jarvis must select a delegation of 5 students to attend a science conference. How may distinct subsets of size 5 can be selected from the 16 students?

3.Sally invests $15100 in an account that pays an APR of 4.9% compound interest that is compounded continuously.What is the balance after 15 years? Round to the nearest dollar.

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