A family is thinking about buying a new house
costing 380 000$. They must pay 110 000$ down and the rest is to
be amortized over 25 years in equal monthly payments. If money
costs 7% compounded monthly
(A)What will their monthly payment be?
(B)What will be unpaid balance after 20 years?
(C)How much total interest will be paid over the 25 years?

Answers

Answer 1

Answer:

a.) 1908.30

b.) 96373.15

c.)302491.15

unrounded answers below

Step-by-step explanation:

The amount that is to be loaned out is 380000-110000=270000

The effective montly rate is .07/12=.005833333

a.)

[tex]270000=x(\frac{1-(1+.005833333)^{-(25*12)}}{.005833333})=1908.303833[/tex]

b.)

use what is called the prospective method (the outstanding loan balance at time n is equal to the present value of the remaining payments)

[tex]1908.303833(\frac{1-(1+.005833333)^{-(25*12-20*12)}}{.005833333})=96373.14775[/tex]

c.)

total paid= 1908.303833*12*25=572491.1499

amount of loan: 270000

Total interest paid:

572491.1499-270000=302491.1499


Related Questions

help will give brainliest asap!!

Answers

Answer:

C.

Don't have time for explanation... just trust me

Find the perimeter of the following quadrilateral.

Write your answer as a mixed number in simplest form. Be sure to include the correct unit in your answer.

Answers

Answer:

7 3/4ft

Next time when a question ask you to find the perimeter just add all the length of each sizes

how to solve the matrix equation for matrix Y.simplify all elements
[tex]Y\left[\begin{array}{ccc}-1&-4\\0&-5\\\end{array}\right] = \left[\begin{array}{ccc}5&-5\\8&8\\\end{array}\right][/tex]

Answers

Given YA = B, you can solve for Y by multiplying by A ⁻¹ on the right (on both sides of the equation). So we have

YA = B   ==>   (YA) A ⁻¹ = BA ⁻¹   ==>   Y (AA ⁻¹) = BA ⁻¹   ==>   Y = BA ⁻¹

provided that the inverse of A exists. In this case, det(A) = 5 ≠ 0, so the inverse does exist, and

[tex]A=\begin{bmatrix}-1&-4\\0&-5\end{bmatrix} \implies A^{-1}=\dfrac1{\det(A)}\begin{bmatrix}-5&0\\4&-1\end{bmatrix} = \begin{bmatrix}-1&0\\\frac45&-\frac15\end{bmatrix}[/tex]

Then

[tex]Y=\begin{bmatrix}5&-5\\8&-8\end{bmatrix}A^{-1} = \begin{bmatrix}-5&5\\-8&\frac{24}5\end{bmatrix}[/tex]

Factor the polynomial expression 3x4 + 24x.

Answers

Answer:

3x ( x+2)(x^2−2x+4)

Step-by-step explanation:

3x^4 + 24x.

Factor out the greatest common factor

3x*x^3 + 3x*8

3x(x^3+8)

Then factor the cubic term

The sum of cubes is a^3+b^3=(a+b)(a^2−ab+b^2)

3x ( x+2)(x^2−2x+4)

If two bags of popcorn and three drinks cost $14,
and four bags of popcorn and one drink costs
$18, how much does a drink cost?

Answers

Answer:

2dollars

Step-by-step explanation:

one bag of popcorn is 4 dollars so 4 bags of popcorn is 16 plus 1 drink which is 2 dollars equal 18.

The cost of each popcorn is $4 and the cost of each drink will be $2.

What is the solution to the equation?

The allocation of weights to the important variables that produce the calculation's optimum is referred to as a direct consequence.

If two bags of popcorn and three drinks cost $14, and four bags of popcorn and one drink costs $18.

Let the cost of each popcorn be 'x' and the cost of each drink be 'y'. Then the equations are given as,

2x + 3y = 14           ...1

4x + y = 18            ...2

From equations 1 and 2, then we have

2x + 3(18 - 4x) = 14

2x + 54 - 12x = 14

10x = 40

x = $4

Then the value of the variable 'y' is calculated as,

y = 18 - 4(4)

y = 18 - 16

y = $2

The cost of each popcorn is $4 and the cost of each drink will be $2.

More about the solution of the equation link is given below.

https://brainly.com/question/545403

#SPJ2

It takes 12 people 15 hours to complete and certain job.how many hours would it take 18 people, working at the same rate to complete 2/5 of the same job?

Answers

Answer:

2 Hours

Step-by-step explanation:

Required man hours to complete the full job = 12 *15

                                                                           =180 Man hours

Required man hours to complete the 2/5 of the job = 180/5

                                                                                      = 36 Man hours

if 18 peoples are working,

required hours to complete the 2/5 of the job = 36 /18

                                                                            = 2 hours

Design specifications require that a key dimension on a product measure 100 /- 10 units. A process being considered for producing this product has a standard deviation of four units. a. What can you say (quantitatively) regarding the process capability

Answers

Answer:

0.8333

Step-by-step explanation:

Given :

Mean, X = 100

Lower Specification Limit, LSL = 100 - 10 = 90

Upper Specification Limit, USL = 100 + 10 = 110

Standard Deviation, σ = 4

The process capability index, Cpk;

Cpk = Min[(X - LSL) / 3σ; (USL - X) /3σ]

Cpk = Min[(100 - 90) / 12 ; (110 - 100 ) /12]

Cpk = Min [0.8333 ; 0.8333]

Hence, Cpk = 0.8333

hello,can you answer this question asap thxs

Answers

9514 1404 393

Answer:

  111 1/9 pounds

Step-by-step explanation:

The given relationship is ...

  delivered = ground × (1 -10%)

Then ...

  ground = delivered/0.90 = 100 lb/0.90 = 111 1/9 lb

It is necessary to grind 111 1/9 pounds of grain to have exactly 100 lb after a 10% payment.

Find the surface area of the rectangular prism below.

Answers

Answer:

Option B

Step-by-step explanation:

This is the formula :

2(wl+hl+hw)

Step 1 : Take the length, width, and height and substitute the values in.

The required surface area of the rectangular prism is 461.02 square meters (m²).

What is surface area?

Surface area is defined as the measure of a region or surface is called as surface area.

The surface area of a rectangular prism can be calculated by adding up the areas of all six faces. The formula for the surface area of a rectangular prism is:

Surface area = 2lw + 2lh + 2wh

where l, w, and h are the length, width, and height of the rectangular prism, respectively.

Substituting the given values, we get:

Surface area = 2(12.3m x 4.3m) + 2(12.3m x 10.7m) + 2(4.3m x 10.7m)

Simplifying the expression gives:

Surface area = 461.02m²

Therefore, the surface area of the rectangular prism is 461.02 square meters (m²).

Learn more about the surface area here: https://brainly.com/question/2835293

#SPJ2

Tay-Sachs disease is a genetic disorder that is usually fatal in young children. If both parents are carriers of the disease, the probability that their offspring will develop the disease is approximately 0.25. Suppose that a husband and wife are both carriers and that they have four children. If the outcomes of the four pregnancies are mutually independent, what are the probabilities of the following events?
a. All three children will develop Tay–Sachs disease.
b. Only one child will develop Tay–Sachs disease.
c. The third child will develop Tay–Sachs disease, given that the first two did not.

Answers

Lo siento mucho, necesito los puntos porque estoy en una prueba.

(4x^5)^3 what is the equivalent?

[A] 4x^5+3
[B] 4x^5*3
[C] 4^3x^5+3
[D] 4^3x^5*3

Answers

Answer:

A

Step-by-step explanation:

They are different exponents but they have the same bas so you add them up.

4x^5+3 = 4x^8

[tex] \pink{ \boxed{\boxed{\begin{array}{cc} \maltese \bf \: \: as \: we \: know \: that \\ \\ \bf\: \: \rightarrow \: {(xy)}^{n} = {x}^{n} . {y}^{n} \\ \\ \bf \rightarrow \: {( {a}^{m} })^{n} = {a}^{m \times n} \\ \\ \bf \: now \\ \: \\ \blue{ {\boxed{\begin{array}{cc} \maltese \bf\: \: \: {(4 {x}^{5} })^{3} \\ \bf = {4}^{3} \times ({x}^{5} )^{3} \\ \bf = {4}^{3} \times {x}^{5 \times 3} \end{array}}}}\end{array}}}}[/tex]

So option D) is the correct answer

Write the expression as a trinomial: (y+7)(y-11). You want to make the expression into trynomial form, not simplified it

Answers

Answer:

y² - 4y - 77

Step-by-step explanation:

(y+7)(y-11)

y² - 11y + 7y - 77

y² - 4y - 77

y=0.0111x+2.7617 what is the x axis

Answers

Step-by-step explanation:

here's the answer to your question

Please help me on this

Answers

Answer:

gshwhsye

Step-by-step explanation:

gshshhshshshjsjsjsj

What are the possible degrees for the polynomial function?

Answers

Degrees of 6 or higher

Answer: Option 1

Degrees of 6 or greater

Answered by Gauthmath must click thanks and mark brainliest

The length of a rectangle garden plot is 3 metres greater than its
width.The area of the plot is 154 square metres.What is the width of the garden?​

Answers

Answer: width = 11 m

Concept:

Here, we need to understand how to find the area of a rectangle.

In geometry, the area can be defined as the space occupied by a flat shape or the surface of an object.

A = w · l

w = width

l = length

If you are still confused, please refer to the attachment below for a graphical explanation.

Solve:

w = w

l = w + 3

A = 154 m²

Given formula

A = w · l

Substitute values into the formula

154 = w · (w + 3)

Expand Parentheses (Distributive property)

154 = w² + 3w

Subtract 154 on both sides

154 - 154 = w² + 3w - 154

0 = w² + 3w - 154

Solve for the quadratic equation

(w - 11) (w + 14) = 0

w = 11 or w = -14 (Neglected because length cannot be negative)

Hope this helps!! :)

Please let me know if you have any questions

Figure
А A
Figure B
How many squar
w many square are in
tigne
this​

Answers

Answer:

7 square are 0resent on aaaaaa

A truck is said to get 18 miles per gallon on a highway, but this value can fluctuate, at most, by 4 miles per gallon. Which of the following absolute value inequalities matches this scenario? Question 23 options: |x + 18| ≤ 4 |x – 18| ≤ 4 |x – 4| > 18 |x + 18| > 4

Answers

Answer:

the correct answer is |x – 18| ≤ 4

just took the test

Step-by-step explanation:

Please help please reply ASAP

Answers

Answer:

Option C. 6.5

Step-by-step explanation:

From the question given above, the following data were obtained:

Angle B = 80°

Side opposite B (b) = 10

Angle C = 40°

Side opposite C (c) =?

We can obtain the value of c by using the sine rule as illustrated below:

b / Sine B = c / Sine C

10 / Sine 80 = c / Sine 40

Cross multiply

c × Sine 80 = 10 × Sine 40

Divide both side by Sine 80

c = (10 × Sine 40) / Sine 80

c = 6.5

Thus, the value of c is 6.5

Please help i need the answer asap!!!
if you know the answer please give it to me as soon as you can!!

Answers

Answer:

35 cm

Step-by-step explanation:

You can use the Cosine Rule to find the length of a side when two sides and the included angle are given.

a² = b² + c² - 2bc cos A

a² = (36²) + (52²) - 2(36)(52) cos 42°

a² = (1296) + (2704) - (3744)(0.7431448255)

a² = (4000) - (2782)

a² = 1218

a = ✓1218

a = 34.9 cm

A​ 12-sided die is rolled. The set of equally likely outcomes is​ {1,2,3,4,5,6,7,8,9,10,11,12}. Find the probability of rolling an 8.

The probability of rolling an 8 is:

Answers

Answer:  1/12

This is because there's one side we want (that's labeled "8") out of 12 sides total. This is of course if each side is equally likely.

Side note: this 12-sided die is known as a dodecahedron.

The length of a rectangle is 3 ft longer than its width.
If the perimeter of the rectangle is 42 ft, find its area.

Answers

Answer:

A = 108 feet²

Step-by-step explanation:

Let the width is b.

Length = 3+b

Perimeter of the rectangle, P = 42 ft

Perimeter = 2(l+b)

42 = 2 (3+b+b)

21 = (3+2b)

21-3 = 2b

18 = 2b

b = 9 feet

Length, l = 3+9 = 12 feet

Area of the rectangle,

A = lb

So,

A = 12 × 9

A = 108 feet²

So, the area of the rectangle is 108 feet².

Plz help on this question

Answers

Answer:

B

Step-by-step explanation:

Because it'll be 1²+2×1-3=0

And -3²+2(-3)-3=9-6-3=0

So it's impossible

Two professors are applying for grants. Professor Jane has a probability of 0.64 of being funded. Professor Joe has probability 0.28 of being funded. Since the grants are submitted to two different federal agencies, assume the outcomes for each grant are independent.

Required:
a. What is the probability that both professors get their grantsfunded?
b. What is the probability that at least one of the professors will befunded?
c. What is the probability that Professor Jane is funded but ProfessorJoe is not?
d. Given at least one of the professors is funded, what is theprobability that Professor Jane is funded but Professor Joe is not?

Answers

I think the answer is d I believe snsnjsjssk

Parallel lines: Solve for Y

Answers

Answer:

35

Step-by-step explanation:

Since they are the same angle in the corresponding parallel line, they will equal eachother.

2y = 70

----   ----

2      2

y   = 35

The answer will be 35.

Step-by-step explanation:

Well, we know that when we have parallel lines, by the alternating interior angle theorem, we know that alternate angles are congruent.

So, 2y = 70 makes y = 35.

please help me with geometry

Answers

Answer:

x = 8

Step-by-step explanation:

Set 2x + 3 = 3x - 5

Solve for x

x = 8

Please answer all of these

Answers

Answer:

1a 300

b 180

c 330

d 1470

e 180

f 7344

Step-by-step explanation:

The length AB of a rectangle ABCD is 8cm and its diagonal BD and measures 10 cm Find its breadth BC

Answers

Hope this helps have a nice day
The answer is 6 and here’s the work also can I get brainliest please

I need help please guys thank you

Answers

Answer:

Option A, the parent function has been translated up

Option B, the parent function has been compressed

Option C, the parent function has been translated to the right

Hannah's suitcase has the following dimensions.

length: 27 inches
width: 21 inches
depth: 14 inches

What is the volume of Hannah's suitcase in cubic inches?

Answers

Answer:7938 inches square

Step-by-step explanation:

multiply everything

Answer:

7938

Step-by-step explanation:

Other Questions
A 40-mm-diameter solid steel shaft, used as a torque transmitter, is replaced with a hollow shaft having a 40-mm outer diameter and a 36-mm inner diameter. If both materials have the same strength, what is the percentage reduction in torque transmission show in a thee diagram the features of an idea constitution. I. Supply the verbs in past progressive tense. 1. At this time last year, I ___________________an English course (attend) 2. Jim ________________ under the tree when he heard an explosion (stand) 3. The boy fell and hurt himself while he _________________ a bicycle (ride) 4. When we met them last year, they______________ in Santiago (live) 5. The tourist lost his camera while he________________ around the city (walk) 6. The lorry _______________ very fast when it hit our car (go) 7. While I ____________________in my room, my roommate ___________________ a party in the other room (study/have) 8. Mary and I___________________ the house when the telephone rang (just leave) 9. We __________________ in the caf when they saw us (sit) 10. I ___________________down the street when it began to rain (go) 15. How many moles of CaCl are in 250. mL of 3.00 M of CaCl solution?a. 750. molb. 1.33 molC. 83.3 mold. 0.750 mole. 3.00 mol write your answer in simplest radical form If you know English, you can communicate _______ people from the English-speaking world easily.A. ofB. withC. atD. in why did europe not play a large role in the African slave trade before the 1400 Which of the following is NOT an adaptation for deep diving in Cetaceans? Having a lot of myoglobin in the muscles to store oxygen Having increased hemoglobin concentrations to store more oxygen Slowed heart rate Blood flow is shifted from the brain to the extremities Collapsing the lungs to compensate for increasing water pressure during deep dives A simple random sample of 400 individuals provides 112 Yes responses. (a) What is the point estimate of the proportion of the population that would provide Yes responses i really need help with this since its practice for my midterms In this activity, you are going to plan, write, revise, and edit sentences on the following topic: Describe three activities you do at your school or university. Give two or more details about each one. Which sentence most clearly contains understatement?A. No other country can compare to the power, size, and grandeur ofPalau.B. The branches of the trees shivered in anticipation of the comingstorm.C. "I have something to tell you," my sister told us as she sat downnervouslyD. We thought it might be a good idea to go over and get our $90,000reward. What did Pops notice about the bear on the cabin porch? The nursing assistant is educating an 80 year old patient on how to order food in the hospital what is the best way to ensure educational information is received by the elderly patient I (be) ________ at home at the weekend. 1)Which theme from Macbeth do these lines support?If good, why do I yield to that suggestionWhose horrid image doth unfix my hairAnd make my seated heart knock at my ribs,Against the use of nature? Darkness is dangerous. Ambition unchecked can lead to corruption. Things are not always what they seem. Those without convictions are easily manipulated.2) Which of the following is a theme from Macbeth? Those without convictions are easily manipulated. The visible is more dangerous than the invisible. Firm beliefs will help you succeed. Friendship can withstand any challenge. Whats the name of these nails? Solve the simultaneous equation, will give out brainliest answera=bcda+b=cda+b+c=da+b+c+d=1 For a standard normal distribution, find:P(z > c) = 0.058Find c. unclearninglab.litmos.comng & Certifications2022 Ethics and Compliance Test2022 Ethics and Compliance TestW PREVIOUSX EXIT Janine, currently enrolled in a 3-star plan,discovers there is 5-star plan available whereshe lives. She asks her agent, Josh, to enrollher in the 5-star plan. Josh can advise Janineof each of the following except:Josh should tell Janine that she can only change her current plan to a 5-star plan during the Annual Election Period.Josh should tell Janine that she can only use the 5-Star SEP once percalendar year.Josh should tell Janine that she can change her current plan to a 5-star