You need a loan of $135,000 to buy a home. Caloulate your monthly payments and total dosing costs for each choioe below. Briefly discuss how you would decide between the two cholces. Cholce 1: 20-year fxed rate at 6% with closing costs of $1100 and no points. Choice 2: 20-year fixed rate at 4.5% with closing costs of $1100 and 4 points. What is the monthly payment for choice 17 (Do not round until the final answer. Then round to the nearest cent as needed.)
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
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