Find the monthly payment (in $) and the total interest (in $) for a mortgage of $42,000 at 5% for 20 years. Use this table and give the total interest as your answer.(Round your answers to the nearest cent.)Monthly paymentTotal interestNeed Help?Master ItRead ItWatch ItSubmit Answer Table 14-1: Monthly Payments to Amortize Principal and Interest per $1,000 FinanMonthly Payments(Necessary to amortize a loan of $1,000)InterestRate (%)510152025303540YearsYearsYearsYearsYearsYearsYearsYears3.5018.199.897.155.805.014.494.133.873.7518.3010.017.275.935.144.634.284.034.0018.4210.127.406.065.284.774.434.184.2518.5310.247.526.195.424.924.584.344.5018.6410.367.656.335.565.074.734.504.7518.7610.487.786.465.705.224.894.665.0018.8710.617.916.605.855.375.054.825.2518.9910.738.046.745.995.525.214.995.5019.1010.858.176.886.145.685.375.165.7519.2210.988.307.026.295.845.545.336.0019.3311.108.447.166.446.005.705.506.2519.4511.238.577.316.606.165.875.686.5019.5711.358.717.466.756.326.045.856.7519.6811.488.857.66.916.496.216.037.0019.8011.618.997.757.076.656.396.217.2519.9211.749.137.907.236.826.566.407.5020.0411.879.278.067.396.996.746.587.7520.1612.009.418.217.557.166.926.778.0020.2812.139.568.367.727.347.106.958.2520.4012.279.708.527.887.517.287.148.5020.5212.409.858.688.057.697.477.338.7520.6412.539.998.848.227.877.657.529.0020.7612.6710.149.008.398.057.847.719.2520.8812.8010.299.168.568.238.037.919.5021.0012.9410.449.328.748.418.228.109.7521.1213.0810.599.498.918.598.418.3010.0021.2513.2210.759.659.098.788.608.4910.2521.3713.3510.909.829.268.968.798.6910.5021.4913.4911.059.989.449.158.988.8910.7521.6213.6311.2110.159.629.339.189.0811.0021.7413.7811.3710.329.809.529.379.2811.2521.8713.9211.5210.499.989.719.569.4811.5021.9914.0611.6810.6610.169.909.769.6811.7522.1214.2011.8410.8410.3510.099.969.8812.0022.2414.3512.0011.0110.5310.2910.1610.0812.2522.3714.4912.1611.1910.7210.4810.3510.2912.5022.5014.6412.3311.3610.910.6710.5510.4912.7522.6314.7812.4911.5411.0910.8710.7510.6913.0022.7514.9312.6511.7211.2811.0610.9510.90

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Find the monthly payment (in $) and the total interest (in $) for a mortgage of $42,000 at 5% for 20 years. Use this table and give the total interest as your answer. (Round your answers to the nearest cent.) Monthly payment 24 Total interest 2$ Need Help? Read It Watch It Master It

Find the monthly payment (in $) and the total interest (in $) for a mortgage of $42,000 at 5% for 20 years. Use this table and give the total interest as your answer. (Round your answers to the nearest cent.) Monthly payment 24 Total interest 2$ Need Help? Read It Watch It Master It

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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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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Question

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Find the monthly payment (in $) and the total interest (in $) for a mortgage of $42,000 at 5% for 20 years. Use this table and give the total interest as your answer.
(Round your answers to the nearest cent.)
Monthly payment
Total interest
Need Help?
Master It
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Table 14-1: Monthly Payments to Amortize Principal and Interest per $1,000 Finan
Monthly Payments
(Necessary to amortize a loan of $1,000)
Interest
Rate (%)
5
10
15
20
25
30
35
40
Years
Years
Years
Years
Years
Years
Years
Years
3.50
18.19
9.89
7.15
5.80
5.01
4.49
4.13
3.87
3.75
18.30
10.01
7.27
5.93
5.14
4.63
4.28
4.03
4.00
18.42
10.12
7.40
6.06
5.28
4.77
4.43
4.18
4.25
18.53
10.24
7.52
6.19
5.42
4.92
4.58
4.34
4.50
18.64
10.36
7.65
6.33
5.56
5.07
4.73
4.50
4.75
18.76
10.48
7.78
6.46
5.70
5.22
4.89
4.66
5.00
18.87
10.61
7.91
6.60
5.85
5.37
5.05
4.82
5.25
18.99
10.73
8.04
6.74
5.99
5.52
5.21
4.99
5.50
19.10
10.85
8.17
6.88
6.14
5.68
5.37
5.16
5.75
19.22
10.98
8.30
7.02
6.29
5.84
5.54
5.33
6.00
19.33
11.10
8.44
7.16
6.44
6.00
5.70
5.50
6.25
19.45
11.23
8.57
7.31
6.60
6.16
5.87
5.68
6.50
19.57
11.35
8.71
7.46
6.75
6.32
6.04
5.85
6.75
19.68
11.48
8.85
7.6
6.91
6.49
6.21
6.03
7.00
19.80
11.61
8.99
7.75
7.07
6.65
6.39
6.21
7.25
19.92
11.74
9.13
7.90
7.23
6.82
6.56
6.40
7.50
20.04
11.87
9.27
8.06
7.39
6.99
6.74
6.58
7.75
20.16
12.00
9.41
8.21
7.55
7.16
6.92
6.77
8.00
20.28
12.13
9.56
8.36
7.72
7.34
7.10
6.95
8.25
20.40
12.27
9.70
8.52
7.88
7.51
7.28
7.14
8.50
20.52
12.40
9.85
8.68
8.05
7.69
7.47
7.33
8.75
20.64
12.53
9.99
8.84
8.22
7.87
7.65
7.52
9.00
20.76
12.67
10.14
9.00
8.39
8.05
7.84
7.71
9.25
20.88
12.80
10.29
9.16
8.56
8.23
8.03
7.91
9.50
21.00
12.94
10.44
9.32
8.74
8.41
8.22
8.10
9.75
21.12
13.08
10.59
9.49
8.91
8.59
8.41
8.30
10.00
21.25
13.22
10.75
9.65
9.09
8.78
8.60
8.49
10.25
21.37
13.35
10.90
9.82
9.26
8.96
8.79
8.69
10.50
21.49
13.49
11.05
9.98
9.44
9.15
8.98
8.89
10.75
21.62
13.63
11.21
10.15
9.62
9.33
9.18
9.08
11.00
21.74
13.78
11.37
10.32
9.80
9.52
9.37
9.28
11.25
21.87
13.92
11.52
10.49
9.98
9.71
9.56
9.48
11.50
21.99
14.06
11.68
10.66
10.16
9.90
9.76
9.68
11.75
22.12
14.20
11.84
10.84
10.35
10.09
9.96
9.88
12.00
22.24
14.35
12.00
11.01
10.53
10.29
10.16
10.08
12.25
22.37
14.49
12.16
11.19
10.72
10.48
10.35
10.29
12.50
22.50
14.64
12.33
11.36
10.9
10.67
10.55
10.49
12.75
22.63
14.78
12.49
11.54
11.09
10.87
10.75
10.69
13.00
22.75
14.93
12.65
11.72
11.28
11.06
10.95
10.90

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