Review the Monthly Principal & Interest Factor chart to answer the question: APR 30-Year Term 20-Year Term 15-Year Term
5.5 $5.68 $6.88 $8.17
6.0 $6.00 $7.16 $8.44
6.5 $6.32 $7.46 $8.71
7.0 $6.65 $7.75 $8.99
7.5 $6.99 $8.06 $9.27

The Renfroe household will be financing a principal balance of $242,300.00 for their property. They are trying to decide whether to take a 30-year or 15-year term mortgage. Based on their credit score, they qualify for an APR of 6.5%. Calculate the difference in total interest they would pay between the two terms.

Group of answer choices

$171,403.02

$184,353.72

$193,523.68

$224,536.51

Barbara has a good credit history and is able to purchase a car with a low-interest car loan. she co-signs a car loan for her friend jen, who has poor credit history. then, jen defaults on the loan. who will be held legally responsible by the finance company and why? select the best answer from the choices provided. a. barbara will be held legally responsible because she has a good credit history. b. jen will be held legally responsible because she drives the car. c. barbara will be held legally responsible because she is the co-signer. d. jen will be held legally responsible because she has a poor credit history. the answer is a

Using pert, adam munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 21 months, and the project variance is 4. a) what is the probability that the project will be completed in 17 months? b) what is the probability that the project will be completed in 20 months? c) what is the probability that the project will be completed in 23 months? d) what is the probability that the project will be completed in 25 months? e) what is the due date that yields a 95% chance of completion?

Which choice names the hypotenuse of triangle xyz? a. segment yx b. segment yz c. segment ab d. segment zx