A bank loans a family $90,000 at 4.5% annual interest rate to purchase a house. The family agrees to pay the loan off by making monthly payments over a 15 year period. How much should the monthly payment be in order to pay off the debt in 15 years? Show all your calculations

Answers

Answer 1

Using it's formula, it is found that the monthly payment should be of $688.49 in order to pay off the debt in 15 years.

What is the monthly payment formula?

It is given by:

[tex]A = P\frac{\frac{r}{12}\left(1 + \frac{r}{12}\right)^n}{\left(1 + \frac{r}{12}\right)^n - 1}[/tex]

In which:

P is the initial amount.r is the interest rate.n is the number of payments.

For this problem, the parameters are given as follows:

A = 90000, r = 0.045, n = 15 x 12 = 180.

Hence:

r/12 = 0.045/12 = 0.00375.

Then we solve for A to find the monthly payment, as follows.

[tex]A = P\frac{\frac{r}{12}\left(1 + \frac{r}{12}\right)^n}{\left(1 + \frac{r}{12}\right)^n - 1}[/tex]

[tex]A = 90000(0.00375)\frac{(1.00375)^{180}}{(1.00375)^{180} - 1}[/tex]

A = $688.49

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Related Questions

Someone please explain.50 points available.Thankyou so much!

Answers

Answers:

a) 49 square tiles - did the work on paper.

b) 83 circular tiles - did the work on paper.

c) C: could be even or odd - all patterns had both even and odd amounts of square and circular tiles.

Step-by-step explanation:

I did all the work on paper it took a while to do it. pls mark brainliest

Write 304.9% as a decimal.

Answers

Answer:

3.049

Step-by-step explanation:

Move the decimal place in 304.9% to the left two places in order to convert from a percentage to a decimal. 3.049 is the answer.

Brainliest, please :) Hope this helps!

3.049 There are three decimal places. You plug in 304.9 times .01 in the calc and hit enter!

Write an algebraic expression to match the graph

please help!

Answers

the graphed equation is:

y = -|x| + 1

How to find the algebraic expression that matches the graph?

On the graph, we can see an absolute value equation, which opens downwards, and passes through the points (1, 0) and (0,1).

The general absolute value equation is:

y = a*|x - b| + c

Because the vertex is at the point (0, 1), we know that:

b = 0, c = 1

Replacing that we get:

y = a*|x| + 1

Now, this must be zero when we evaluate in x = 1, then:

0 = a*|1| + 1

a = -1

Then the graphed equation is:

y = -|x| + 1

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Lori was paid a 15 percent commission for the home audio system that she sold. The electronics store had marked up the price of the system by 60 percent over the wholesale price of $264. How much did Lori earn for the sale of the home audio system? $15.84 $23.76 $39.60 $63.36

Answers

Answer:

$63.36

Step-by-step explanation:

The home audio system costs $264 wholesale.

The system's price had been increased by 60 percent at the electronics retailer.

Consequently, the increased cost is 60/100x264=$158.40.

The audio system's total cost is now $422.40 (264 + 158.40).

Given that Lori received a commission of = 15% on $422.40, her commission is now (15/100) x 422.40

= $63.36

The time allotted for the Math test for 2 3/4 hours. Emma completed the test 1/2 of an hour earlier. How long did it take Emma to complete the test?

Answers

2 3/4h=2.75h
1/2h=0.5h
2.75h-0.5h=2.25
2.25h=2 1/4h


Or


1/2h•2=2/4h
2 3/4h-2/4h=2 1/4h

It took Emma 2 1/4 hours to complete the test.

uhh so i totally forgot but are negative numbers smaller than positives and lets say -1.8, -9, -4.2 which would be bigger

Answers

Answer:

-1.8

Step-by-step explanation:

its bigger than -9 and -4.2

-1.8 would be bigger

Question 9 of 25 a bookstore costs $105 a day to keep open, and it spends $12 for each book that it sells. if each book sells for $15, what is the break-even point for this bookstore?

Answers

The store will break even after selling 35 books.

What is the break-even point?The break-even point is the moment at which total cost and total revenue are equal, implying that your small firm has no loss or benefit. In other words, you've reached the point where the costs of production equal the revenues for a product.

To find  what is the break-even point for this bookstore:

Given:

The cost required per day to keep the store open = $105Amount spent on each book = $12

Let, n be the number of books.

Total costs = 12n + 105

The selling price of each book = $15

Total revenue = 15n

For breaking even, costs = revenue.

12n + 105 = 15n105 = 15n - 12n105 = 3n3n = 105Dividing both sides by 3:3n/3 = 105/3n = 35

Therefore, the store will break even after selling 35 books.

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the length of a new rectangular playing field is 3 yards longer than quadruple the width. if the perimeter of the rectangular playing field is 586 yards, what are its dimensions?

Answers

Answer:

length = 235 yd

width = 58 yd

Step-by-step explanation:

Let the width be W.

L = 4W + 3

perimeter = 2(L + W)

perimeter = 2(4W + 3 + W)

perimeter = 2(5W + 3) = 10W + 6

We are told the perimeter = 586 yd

10W + 6 = 586

10W = 580

W = 58

L = 4W + 3 = 4(58) + 3 = 232 + 3 = 235

length = 235 yd

width = 58 yd

The diagonal is a of a rectangular field is 169m. If the ratio of the length to the width is 12:5 find the dimensions

Answers

Based on the calculations, the dimensions of the rectangle are

Length, L = 156 meters.Width, w = 65 meters.

What is a diagonal?

The diagonal of a rectangle can be defined as a line segment that connects any two (2) of its non-adjacent vertices together while dividing the rectangle into two (2) equal parts.

Mathematically, the length of diagonals of a rectangle can be calculated by using this formula:

d = √(l² + w²)

Where:

d is the diagonal of a rectangle.l is the length of a rectangle.w is the width of a rectangle.

Since the ratio of the length to the width is 12:5, we have:

Width, w = 5l/12

Substituting the given parameters into the formula, we have;

169 = √(l² + (5l/12)²)

169² = l² + (5l/12)²

169² = l² + (25l²/144)

Length, L = 156 meters.

For the width, we have:

Width, w = 5l/12

Width, w = 5(156)/12

Width, w = 65 meters.

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Make a list of 4 different numbers whose average works up to 50

Answers

Answer is numbers 10, 30, 70, 90

The 4 numbers must be different and added up and divided by 4 must equal 50.

Four such numbers are 10, 30, 70, 90

We all know that Average = Sum / total of numbers in sum

Addition of these different 4 numbers = 200.
Average = 200 / 4 = 50, the required average.
Problem solved!

3x 5y = 78 2x - y = 0 the point of intersection of the lines has an x-coordinate of _____. 78 6 -6

Answers

The supplied lines' point of intersection has the x coordinate  is 6.

What is coordinate geometry?

A coordinate system is a method for determining how to position points or other geometrical objects on a manifold, such as Euclidean space, uniquely using one or more numbers, or coordinates.

The x coordinate of the location where the ensuing lines intersect must be chosen.

3x + 5y = 78 ...........................(1)

2x - y = 0 ...............................(2)

The given system of equations must be solved in order to determine the x coordinate of the site of intersection.

Equation (ii) provides us with

2x = y

y = 2x ........................(3)

Equation I yields the result when the value of y from equation (iii) is substituted.

3x + 5(2x) = 78

3x + 10x = 78

13x = 78

x = 78/13

x = 6.

As a result, the supplied lines' point of intersection has the x coordinate  6.

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I understand that the question you are looking is :

3x 5y = 78 2x - y = 0 the point of intersection of the lines has an x-coordinate of _____.

A.  7

B.8

C. 6

D. -6

Determine the seating capacity of an auditorium with 15 rows of seats if there are 25 seats in the first row, 29 seats in the second row, 33 seats in the third row, 37 seats in the forth row, and so on

Answers

Answer:

Step-by-step explanation:

15 rows adding 4 additional seats to each. Once at end add all seats in rows together for the final answer.

1-25

2-29

3-33

4-37

5-41

6-45

7-49

8-53

9-57

10-61

11-65

12-69

13-73

14-77

15-81

Add all togther. 25+29+33+37+41+45+49+53+57+61+65+69+73+77+81=795

So there are 795 seating capacity.

Jack and Serena can write a lab report together in 12 hours. If all people work at the same rate, how many hours would it take to write a lab report if Kay joins Jack and Serena?

Answers

The answer would be 4 hours because 12/3 is 4

PLLLLEASE ASAP GUYS PLEASEE OMG

Answers

Answer:

27/30

Step-by-step explanation:

9/10 x3 to both sides = 27/30

Answer:

[tex]\dfrac{27}{30}[/tex]

Explanation:

In a normal fraction such as [tex]\frac{a}{b}[/tex], a is the numerator and b is the denominator.

Here the given fraction is [tex]\frac{9}{10}[/tex], to rewrite the fraction with a denominator of 30. Multiply both the numerator and denominator by 3.

[tex]\rightarrow \dfrac{9}{10}[/tex]

[tex]\rightarrow \dfrac{9\:\times\:3}{10 \:\times \: 3}[/tex]

[tex]\rightarrow \dfrac{27}{30}[/tex]

Both the fractions are equivalent to each other.

Use the given data set to complete parts​ (a) through​ (c) below.​ (Use α=​0.05.)

Answers

1. The value of the linear correlation coefficient r is given as 0.8159. The correct option is a. There is insufficient evidence to support the claim of a nonlinear correlation between the two variables

2. The scatterplot reveals a distinct pattern that is not a straight-line pattern.

What is the linear correlation coefficient?

This is the data that we get when we try to get the existing relationship that is in existence between the variables that are used in a regression equation.

The value of r was calculated using a statistical tool online. The graph showed us it was not a straight line. The value of the r = 0.8159

The results of the test is in the attachment

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There 13 yellow cards, 6 blue, 10 red, 8 green cards in a stack of cards turned face down. Once a card is selected, it is not replaced. Find P(2 blue cards). Please be specific with your answer.

Answers

Answer:

5/222

Step-by-step explanation:

you need to add all the cards together first

13 + 10 + 8 + 6 = 37

then you take out 1 card to find the first probability of the blue card (there are 6 blue cards out of 37)

so 6/37

that will be your first probability

then for the 2nd probability, you will have 1 less card grom the deck making it only 36 cards (after taking out the first one, there will be only 5 blue cards left)

making it 5/36

that will be the 2nd probability

then you multiply both these probabilities to find the answer

6/37 × 5/36 = 5/222

What is the end behavior of the function f of x equals 3 times the cube root of x? as x → –[infinity], f(x) → –[infinity], and as x → [infinity], f(x) → [infinity]. as x → –[infinity], f(x) → [infinity], and as x → [infinity], f(x) → –[infinity]. as x → –[infinity], f(x) → 0, and as x → [infinity], f(x) → 0. as x → 0, f(x) → –[infinity], and as x → [infinity], f(x) → 0.

Answers

The function [tex]f(x)=4\sqrt[3]{x}[/tex] is a cube root function and the function end behavior is: [tex]x[/tex] → [tex]+[/tex] ∞, [tex]f(x)[/tex] → [tex]+[/tex] ∞, and as [tex]x[/tex] → - ∞, [tex]f(x)[/tex] → [tex]+[/tex] ∞

What is end behavior?The end behavior of a function f defines the behavior of the function's graph at the "ends" of the x-axis. In other words, the end behavior of a function explains the graph's trend when we look at the right end of the x-axis (as x approaches +) and the left end of the x-axis (as x approaches ).

To determine the end behavior:

The equation of the function is given as: [tex]f(x)=4\sqrt[3]{x}[/tex]To determine the end behavior, we plot the graph of the function f(x).We can see from the accompanying graph of the function:As x approaches infinity, so does the function f(x), and vice versa.As a result, the function end behavior is:  

[tex]x[/tex] → [tex]+[/tex] ∞, [tex]f(x)[/tex] → [tex]+[/tex] ∞, and as [tex]x[/tex] → - ∞, [tex]f(x)[/tex] → [tex]+[/tex] ∞

Therefore, the function [tex]f(x)=4\sqrt[3]{x}[/tex] is a cube root function and the function end behavior is: [tex]x[/tex] → [tex]+[/tex] ∞, [tex]f(x)[/tex] → [tex]+[/tex] ∞, and as [tex]x[/tex] → - ∞, [tex]f(x)[/tex] → [tex]+[/tex] ∞

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The complete question is given below:

What is the end behavior of the function f of x equals negative 4 times the cube root of x?

As x → –∞, f(x) → –∞, and as x → ∞, f(x) → ∞.

As x → –∞, f(x) → ∞, and as x → ∞, f(x) → –∞.

As x → –∞, f(x) → 0, and as x → ∞, f(x) → 0.

As x → 0, f(x) → –∞, and as x → ∞, f(x) → 0.

Answer:

As x → –∞, f(x) → –∞, and as x → ∞, f(x) → ∞.

Step-by-step explanation:

I got it right on the test.

Determine and state the coordinates of the center and the length of the radius of the
circle whose equation is x2 + y2 + 6x = 6y + 63

Answers

we can see that the center is (-3, 3) and the radius is 9 units.

How to find the center and radius of the circle?

The general circle equation, for a circle with a center (a, b) and radius R is given by:

(x - a)^2 + (y - b)^2 = R^2

Here we have the equation:

x^2 + y^2 + 6x = 6y + 63

Let's complete squares:

x^2 + y^2 + 6x - 6y =  63

(x^2 + 6x) + (y^2 - 6y) = 63

(x^2 + 2*3x) + (y^2 - 2*3y) = 63

Now we can add and subtract 9, (two times) so we get:

(x^2 + 2*3x + 9) - 9 + (x^2 - 2*3x + 9) - 9 = 63

(x + 3)^2 + (y - 3)^2 = 63 + 9 + 9 = 81 = 9^2

(x + 3)^2 + (y - 3)^2 = 9^2

Comparing with the general circle equation, we can see that the center is (-3, 3) and the radius is 9 units.

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Solve this:
NO INCORRECT or report

Answers

Answer:

D

Step-by-step explanation:

Let x be the first batch

let y be the second batch

y=2x

His brothers each received 9 rolls from the second batch i.e. 9×4=36

So

2x= 36+ (10÷6)x

2x - (10÷6)x = 36

12x-10x = 216

x=108

and y= 2 × 108= 216

(a) if x is the sample mean young's modulus for a random sample of n = 64 sheets, where is the sampling distribution of x centered, and what is the standard deviation of the x distribution?

Answers

The standard deviation of the x distribution is 0.2.

According to the statement

we have given that the the sample n is 64 and we have to find the standard deviation of the given sample.

So, For this purpose, we know that the

The standard deviation of the sample is the standard deviation of population divided by the square root of the length of the sample.

In this problem, we have that the value of alpha is

[tex]\alpha = 1.6[/tex]

Suppose that for aluminum alloy sheets of a particular type,

If X is the sample mean Young's modulus for a random sample of n = 64 sheets, and the standard deviation of the X distribution is given by

[tex]s = \frac{\alpha}{\sqrt{64} }[/tex]

then solve it then the standard deviation

s =  {1.6} / {8 }

s = 0.2

So, The standard deviation of the x distribution is 0.2.

Disclaimer: This question was incomplete. Please find the full content below.

Question:

Given that Young's modulus is a quantitative measure of stiffness of an elastic material. Suppose that for aluminum alloy sheets of a particular type, its mean value and standard deviation are 70 GPa and 1.6 GPa, respectively.

a. If X is the sample mean Young's modulus for a random sample of n = 64 sheets, the sampling distribution of X centered at 70 GPa, and the standard deviation of the X distribution is given by

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Simplify the expression 120x^3/18xy

Answers

120 / 18 = 20/3
x^3 / xy = x^2 / y

20x^2 / 3y

Which of the following is a monomial? O A. 11x-9 OB. 20x9 OC. 20x⁹ - 7x O D.9/x

Answers

Answer:

B. 20x⁹

Step-by-step explanation:

A monomial is a polynomial with just one term.

Example: 3x²

A. 11x - 9

INCORRECT, this has two terms 11x and 9

B. 20x⁹

CORRECT, this only has one term!

C. 20x⁹ - 7x

INCORRECT, this has two terms 20x⁹ and 7x

D.9/x

INCORRECT, this is not a polynomial

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find the length of MN​

Answers

Answer:

The length of MN is 5 cm

Step-by-step explanation:

Add the segment LX, parallel to QP.

Recall the properties of midsegment:

Midsegment is parallel to side,Midsegment is half the length of the parallel side.

We have:

Since QL = LR, the point L is midpoint of Q,Since PN = NL, the point N is midpoint of PL,Since LX is parallel to QP, LX is midsegment of ΔPRQ.

Find the length of LX:

LX = QP/2 = 20/2 = 10 cm

Since QP ║ LX ║ NM, the segment NM is the midsegment of ΔPLX.

Find the length of NM:

NM = LX/2 = 10/2 = 5 cm

30 POINTSS ABD BRAINLIEST !! Let p be a prime number. Circle one expression below which could also be a prime number.
2p 7p p - 4 p squared

Give a reason for your answer above

Answers

Answer:

p - 4

Step-by-step explanation:

Prime number is a number that only has 2 factors, 1 and the number itself. Therefore, multiplying p by 2 or 7 means giving the number more than 2 factors, which would make the number no longer prime. Squaring the prime number itself does the same.

Let p = 7.

2p = 2*7 = 14                  14 = 1*2*7*14

7p = 7*7 = 49                 49 = 1*7*49

p - 4 = 7 - 4 = 3              3 = 1*3

p^2 = 7^2 = 49               49 = 1*7*49

if you rolled two dice what is the probability that you would roll a 4 or a 5

Answers

Hello there! Given that normal dice are numbered 1-6, individually rolling a 4 or a 5 would give a 1/6 probability. That converts to about 17% as a percentage because we can multiply 1 by 100 to get 100/6, then divide 100 by 6 to get 16.6666. When rounding, that gives approximately 17%. However, if we combined probabilities, we would find that rolling a 4 or a 5 collectively gives a 2/6 probability, which is approximately 33% as a decimal.

In terms of individual probabilities, you would be 17% likely to roll one of them. In terms of collectiveness, the likelihood of rolling a 4 or 5 would render 33% on each die. If you need additional help, let me know and I will gladly assist you.

q=sqrt (c+d)/(c-d) solve for c

Answers

The equation for the variable 'c' is c = d(q² + 1)/(q² - 1). By using simple arithmetic operations on the original equation, the required equation can be obtained.

What is an equation?

An equation is a relationship between two expressions given by a mathematical statement.

There are different types of equations. They are linear equations, quadratic, polynomial, etc.

Solving for c in the given equation:

The given equation is

q = √((c + d)/(c - d))

Squaring on both, root gets canceled out

⇒ q² = (c + d)/(c - d)

⇒ q²(c - d) = (c + d)

⇒ cq² - dq² = c + d

Separating like terms  aside,

cq² - c = d + dq²

⇒ c(q² - 1) = d(q² + 1)

⇒ c = d(q² + 1)/(q² - 1)

Therefore, the required equation is c = d(q² + 1)/(q² - 1).

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Find the surface area of the composite figure.
8 cm
6 cm
7 cm
8 cm
SA =
6 cm
[?] cm²
9 cm
6 cm

Answers

Answer:

382 cm²

Step-by-step explanation:

Front face + Back face:

A = 2(a + b)h/2

A = 2(14 cm + 8 cm)(7 cm)/2

A = 154 cm²

Left face:

A = 7 cm × 6 cm = 42 cm²

Right face:

A = 9 cm × 6 cm = 54 cm²

Bottom face:

A = 14 cm × 6 cm = 84 cm²

Top face:

A = 6 cm × 8 cm = 48 cm²

Total surface area =

= (154 + 42 + 54 + 84 + 40) cm²

= 382 cm²

Which function has a vertex at the origin?
f(x) = (x + 4)²2
f(x) = x(x-4)
f(x) = (x-4)(x + 4)
f(x) = -x²

Answers

Answer:

f(x) = -x²

Step-by-step explanation:

Writing f(x) = -x² in vertex form gives f(x)=-(x-0)^2+0 which shows that the vertex (h,k) is at (0,0)

The other equations written in vertex form do not have (h,k) = (0,0)

Please help me if you can
The time, t in seconds that it takes a car to travel a quarter-mile when starting from a full stop can be estimated by using the formula:
[tex]t=5.825\sqrt[3]{w/p}[/tex]

Where w = weight of the car
p = power delivered by the engine in horsepower (hp)

If the quarter-mile time for a 3,590-pound car is 13.4 s, how much power does its engine deliver? Round to the nearest pound.

Two students solved this problem. Natasha’s answer was 295 hp and Daniel’s was 679 hp. Why was Daniel wrong? Show each step that led Daniel to the wrong answer

Answers

Step-by-step explanation:

Plug in known values

[tex]13.4 = 5.825\sqrt[3]{\frac{3590}{p}}\\[/tex]

Divide both sides by 5.825

[tex]2.3004 = \sqrt[3]{\frac{3590}{P}}\\[/tex]
Cube both sides

[tex]12.1738 = \frac{3590}{P}[/tex]

Multiply both sides by P

[tex]12.1738P = 3590[/tex]

Divide both sides by 12.1738

[tex]P = 294.895[/tex]

Round to nearest hp

[tex]P = 295[/tex]

So if you look at the radical, it's possible for it to be mistake for a square root, and not a cube root. This was Daniels mistake, so his steps were

[tex]13.4 = 5.825\sqrt[3]{\frac{3590}{p}}\\[/tex]

Divide both sides by 5.825

[tex]2.3004 = \sqrt[3]{\frac{3590}{P}}\\[/tex]

Square both sides

[tex]5.29197 = \frac{3590}{P}[/tex]

Multiply both sides by P

[tex]5.29197P = 3590[/tex]

Divide both sides by 5.29197

[tex]p\approx 678.385[/tex]

He also probably rounded during his steps, which would explain how he got 679 instead of 678 when rounding in the final, but either way his answer is completely off, and this is due to him mistakenly thinking the cube root was a square root.

How many solutions, in positive integers less than 10, does the equation x + y + z = 20
have?

Answers

[tex]\huge \mathbb{ \underline{EXPLANATION:}}[/tex]

Given:

[tex] \bold{\: x + y + z = 20}[/tex]

[tex]\\[/tex]

As we have a [tex]\small\bold{sum \: of \: three \: integers}[/tex] equal to 20 and less than 10, we know the integers have to be between 2 and 9 (1 and 0 don't apply because the sum wouldn't be equal to 20 between three integers.

[tex]\large\tt{Note:}[/tex]

The first value would be X value, second Y value and third Z value.

[tex]\huge \mathbb{ \underline{ANSWER:}}[/tex]

[tex] \large\boxed{ \sf 36 \: solution}[/tex]

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