M4A2: Problem Write-Up:
Comparing Mortgage Loans
Crystal J. Sloan
Excelsior College
July 22, 2016
The problem you must solve is:
You are applying for a mortgage for $150,000 to buy a house. You shop
around and find these two possible mortgage options:
A 2
Answer the following questions.
Suppose you have two student loans:
$15,000 with and APR of 8% for 15 years
$10,000 with and APR of 9.5% for 20 years
1. Calculate the monthly payment for each loan individually.
2. How much do you pay each month: How lon
M3A2 Problem Write-Up: Saving for
Retirement
MAT 101: Mathemati cs for Everyday Life
Crystal Sloan
July 16, 2016
The problem you must solve is:
1.
Consider the savings plan you developed in the discussion. How much
did you determine you need to save each
Solve the following problem, and post your solutions to the discussion forum
Jill has a swimming pool in her backyard. It is shaped like a rectangle and measures
approximately 16.3 feet wide and 26.2 feet long. It is an average of 5 feet deep. During a fe
M1A2 Problem Write-Up: Filling a
Fish Tank
MAT 101: Mathemati c for Everyday Life
Problem:
Jose has a fish tank that measures 11.8 inches wide, 19.7 inches long and 15.7 inches deep. He
empties it halfway to clean it. To refill it when he is done he will
M2A2 Problem Write-Up: IPod
Speakers
MAT 101: Mathemati cs for Everyday Life
The problem you must solve is:
The list price of an IPod speaker is $67.50. It is on sale for 20% off,
and there is a 6% sales tax. The store calculates the sales tax on
the $67.