The price of a condominium is $73,000. The bank requires a 5% down payment and one point at the time of closing. The cost of the condominium is financed with a 30-year fixed-rate mortgage at 6.5%. Use the following formula to determine the regular payment amount. Complete parts (a) through (b) below. (a) Find the monthly payment (excluding escrowed taxes and insurance).
(b) Find the total cost of interest over 30 years.

area of part 1:

a1=base*height/2=(8+2)*(8-2-2-1)/2=10*3/2=15 ft^2

area of part 2:

a2=length*width=(8+2)*1=10 ft2

area of part 3:

a3=length*width=8*2=16 ft2

total shaded area : a1+a2+a3=41 ft2

total area of the reactangle : a=16*8=128 ft2

total area of the nonshaded region : 128-41=87 ft2

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step-by-step explanation:

answer by yourhope:

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step-by-step explanation:

when the line is solid:

when the line is dashed:

this > inequality sign means:

this < inequality sign means:

this > inequality sign means:

this < inequality sign means:

about the problem:

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