Your second mortgage of $31,200 is at a rate of 10.7% compounded quarterly for 8 years. what total will you have paid for your second mortgage after 8 years?

The Amount paid after 8 years is $72611.76

Step-by-step explanation:

Given as :

The principal mortgage = p = $31,200

The rate of interest = r = 10.7%  compounded quarterly

The time period of mortgage = t = 8 years

Let The Amount paid after 8 years = $A

Now, According to question

From Compounded Interest method

Amount = Principal ×

Or, A = p ×

Or, A = $31,200 ×

Or, A = $31,200 ×

Or, A = $31,200 × 2.3273

∴ A = $72611.76

So, The Amount paid after 8 years = A = $72611.76

Hence, The Amount paid after 8 years is $72611.76  Answer

means if you're already damaged some way when you take out a medical insurance you will not get full compensation for that injury that you already have.

the quotient is 4x^2 - 27x + 167 with a remainder of -996

step-by-step explanation:

in synthetic division, use -6 as the divisor and use the coefficients {4, -3, 5, 6}:

-6     )   4     -3     5     6

                -24   162 -1002

          4   -27   167   -996

thus, the quotient is 4x^2 - 27x + 167 with a remainder of -996.

note:   your "4x°-3x+5x+6" is ambiguous / incomplete.   i had to assume that you meant '4x^3 - 3x^2 + 5x + 6."