a
Laura and Martin obtain a 25-year, $90,000 conventional mortgage at 9.5% on a house selling for $120,000. Their monthly mortgage payment, including principal and
interest, is $786.60.
a) Determine the total amount they will pay for their house.
b) How much of the cost will be interest?
c) How much of the first payment on the mortgage is applied to the principal?

Answers

Answer 1

Part a)

The home value is $120,000 and they get a loan for $90,000.

This must mean the down payment was 120,000 - 90,000 = 30,000 dollars. This is the payment made up front.

The mortgage has a monthly payment of $786.60 which is done for 25 years = 25*12 = 300 months. They pay back 786*300 = 235,800 dollars.

Therefore, the total amount they pay for the house is:

downPayment + loanRepayment = 30,000 + 235,800 = 265,800

Answer: $265,800

=======================================================

Part b)

Refer to the previous part. Laura and Martin pay back $235,800 after being loaned $90,000

The total amount of interest is 235,800 - 90,000 = 145,800 dollars.

Answer: $145,800

=======================================================

Part c)

The annual interest rate is 9.5% which converts to the decimal form 0.095

Divide this over 12 to get the monthly interest rate in decimal form.

0.095/12 = 0.00791667 approximately

Then multiply this with the initial balance of $90,000

90,000*0.00791667 = 712.5003

This rounds to 712.50 and this represents the interest for the first month.

This leads to:

principal = monthlyPayment  - interest

principal = 786.60 - 712.50

principal = 74.10

It is unfortunately common practice that the starting monthly payments will be mostly interest. As time goes on, the increase payments decrease because they are tied directly to the remaining balance.

Answer: $74.10

Related Questions


Which function is shown on the graph?
U
T
30
2
2
O f(x) = sino
-14
O f(x) = jcos
OS I
2

O f(x) = -cos
COS
O f(x)=- sin

Answers

Answer:

Read the explanation

Step-by-step explanation:

look at the photo

the elevator can accommodate at most 1500 lbs.Carl is transporting boxes that weigh 15lbs each. If carl weighs 170 lbs.Write an equation that can be used to determine the most number of boxes Carl can transport using the elevator

Answers

Answer:

15x+170≤1500

Step-by-step explanation:

it is at most 1500, so less than or equal to 1500, and the 15 lbs relies on the number of boxes so 15x and carl weighs 170 so that must be added, equaling to

15x+170≤1500

The dotted lines show how piano wire
is used to slice this cube. What will be
the shape of the cross section?

Answers

Answer:

C. rectangle (not a square)

Step-by-step explanation:

So image that the wire just sliced that piece of the cube right off:

It would give you a triangular prism,

HOWEVER, this is asking for the cross section:

The part of this triangular prism that was actually connected to the cube

and in this case, it would show that the bottom of the cut off part is rectangle.

You can also think of this as: What shape would be left over on the cube?

Cutting this piece off would give you a shape left over that is a rectangle.

Julie's grades for this term test are 85' 88' and 97. In addition for the three tests that Julie already had, there will b just one more test. Julie needs to earn at least ________ point for the last test to get no less than A for the term. "A" means the average of 93 or more.

Answers

The score Julia has to have on her last test to have an A for the term is 102.

What is the least score?

The first step is to determine the sum of her scores on the first three tests: 85 + 88 + 97 = 270

Now determine the score on the last test that would give an average of 93

(270 + x)/ 4 = 93

270 + x = 93 x 4

372 - 270 = x

x = 102

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find the rule to complete the pyramid.

Answers

Answer:

add two side by side values

Step-by-step explanation:

there are 5 values at the base of the pyramid.

4, 6, 3, 7 and 2

let's look at 6 and 3 first. when you add them together, you will get 9, which make up the upper layer of the pyramid. we can also support this statement when you add 7 with 2, which is also 9. so when you take 4 and add with 6, you will get 10, when you add 3 and 7, you will get 10.

now, let's see the second bottom layer. we get the answers as 10 in both blanks. so, add 10 with 9 and you will get 19, repeat with the other. so, the third layer will be 19, 19 and 19. to make the third layer complete, add 19 with 19, which will be 38. so, the fourth layer will be 38 and 38. add 38 with 38 and you will get 76 at the top of the pyramid.

Make an accurate drawing of two rectangles with the same perimeter, but different areas. Indicate the dimensions of the rectangles, as well as the perimeter and the area in each figure.​

Answers

I don’t know what the answer is

If ((x) = x2+ 3x - 2, find f(-2).

Answers

f(x) = x² + 3x - 2

f(-2) = (-2)² + 3*(2) - 2 = 4 - 6 - 2 = - 4

A basket contains 4 pears, 1 pineapple, 5 bananas, 3 oranges, and 2 limes.
vin randomly selects one piece of fruit from the basket. What is the
robability that he selects an orange from the basket?

Answers

Answer:

3/15

Step-by-step explanation:

there is 15 kinds of fruit totally

4 + 1 + 5 + 3 + 2 = 5 + 5 + 3 + 2 = 10 + 3 + 2 = 13 + 2 = 15

there are 3 oranges; therefore the bility that an orange will be picked is 3 out of 15

Find the product of 4+3i and its conjugate.the answer is a +bi where

Answers

The value of  a and b in the product of 4+3i  and its conjugate in the format a + bi are 25 and 0.

What is conjugate?

The conjugate is where we change the sign in the middle of two terms. For example:

3y + 1

conjugate of 3y + 1 is 3y - 1.

Therefore, the conjugate of 4 + 3i is 4 - 3i.

The product of 4 + 3i and its conjugate is as follows:

(4 + 3i)(4 - 3i) = 16 - 12i + 12i - 9(i)²

Therefore,

16 - 9i²

i² = -1

Hence,

16 - 9(-1) = 25

It can be written in the form a complex form → (25 + 0.i)

Therefore, a = 25 and b = 0.

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Find the x- and y-intercepts of the quadratic function below. Give non-integer
coordinates in fractional form.
f(x) = 2x2 - 5x + 3
-

Answers

Answer:

Step-by-step explanation:

How do I solve it? URGANT!!!

Answers

Answer:

Step-by-step explanation:

KL = JK, so ΔJKL is an isocesles triangle, then m∠J = m∠L

KL is a tangent line, so ∠JKL = 90°,

so m∠J = 45°

Use the Virtual Dice Roller and roll two dice three times (or grab a pair of dice at home!).

Record the sum of the two dice for each virtual roll.

The first virtual roll is how many work shirts you have in your closet.
The second roll is how many pairs of work pants you have in your closet.
The third roll is how many pairs of work shoes you have in your closet.
Calculate and explain how many different ways can you dress every morning. Show all calculations.

Answers

The simulation of the virtual dice roller illustrates combination and sample space

There are 36 different ways you can dress every morning

How to determine the number of ways of dressing?

The sample space of the two dice are:

Die 1 = {1,2,3,4,5,6}

Die 2 = {1,2,3,4,5,6}

From the above sample space, we have the sample size to be:

n(Die 1) = 6

n(Die 2) = 6

The sample size of the experiment would be:

n = n(Die 1) * n(Die 1)

Substitute known values

n = 6 * 6

Evaluate the product

n = 36

The above represents the different ways you can dress every morning.

Hence, there are 36 different ways you can dress every morning

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I need help with this question please

Answers

[tex]v(y) = 0[/tex]

[tex] - 32t + 105 = 0[/tex]

[tex]t = \frac{ - 105}{ - 32} = 3.28[/tex]

[tex]h = - 16(3.28) {}^{2} + 105(3.28) + 17[/tex]

[tex]h = 189.26[/tex]

Order the numbers from least to greatest. −34, 0.5, 23,−73, 1.2 The order of the numbers from least to greatest

Answers

Answer:

-73, -34, 0.5, 1.2, 23

Step-by-step explanation:

Hope this helps:)....if not sorry for wasting your time and may God bless you:)

-73, -34, 0.5, 1.2, 23

how many integers from 100 to 999, inclusive, don't include the numbers 2,4,6,8? PLS HELP I WILL MARK BRAINLIEST

Answers

Answer:

243

Step-by-step explanation:

999-100= 899 integers

200s 400s 600s 800s excluded so 400 numbers excluded

899 - 400 = 499

20s 40s 60s 80s which are 40 integers x 4 = 160

499 - 160 = 339

2s 4s 6s 8s which are 4 integers x 6 x 4 ( 4 from each 100 ) = 96

339 - 96 = 243 integers

If abc is an equilateral triangle bc must be 2cm true or false?

Answers

Answer:

I would say False

Which of the following sets of numbers is a Pythagorean triple?

42, 40, 82
42, 40, 58
41, 41, 58
40, 41, 57
HELP QUICK PLEEZ

Answers

The awnser is would be 42,40,58

Answer:

42,40,58

Step-by-step explanation:

find the equation of line that is parallel to another line whose equation is 8y+5x-6=0and passes through the point (8,5)

write down the equation of line perpendicular to y=7x/4+9/4 and passes through the origin

today is the deadline please help me

Answers

1. The equation of the line that is parallel to the given line and passes through the point (8,5) is y = (-5/8)x + (65/8).

2. The equation of the line that is perpendicular to the given line and passes through the origin is y = (-4/7)x.

1. To find the equation of a line that is parallel to another line with equation 8y+5x-6=0 and passes through the point (8,5), we need to follow some steps.Steps:

First, find the slope of the given line, which can be done by rearranging the given equation into slope-intercept form (y = mx + b).8y+5x-6=0⟹ 8y = -5x + 6⟹ y = (-5/8)x + 3/4So the slope of the given line is -5/8.

Second, since we need to find a line parallel to the given line, the slope of the new line will also be -5/8.

Third, use the slope (-5/8) and the given point (8,5) to find the y-intercept (b) of the new line by using the point-slope form of the equation. y - y₁ = m(x - x₁)y - 5 = (-5/8)(x - 8)y = (-5/8)x + (65/8)

Therefore, the equation of the line that is parallel to the given line and passes through the point (8,5) is y = (-5/8)x + (65/8).

2. To write down the equation of a line perpendicular to y = 7x/4+9/4 and passes through the origin, we can follow some steps.

Steps:

First, find the slope of the given line. This can be done by rearranging the given equation into slope-intercept form (y = mx + b).y = (7/4)x + 9/4So the slope of the given line is 7/4.

Second, since we need to find a line perpendicular to the given line, the slope of the new line will be the negative reciprocal of the given line's slope.

Third, use the slope (-4/7) and the point (0,0) to find the y-intercept (b) of the new line by using the point-slope form of the equation.y - y₁ = m(x - x₁)y - 0 = (-4/7)(x - 0)y = (-4/7)x

Therefore, the equation of the line that is perpendicular to the given line and passes through the origin is y = (-4/7)x.

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Answer:

8y +5x -80 = 0y = -4/7x

Step-by-step explanation:

You want the equations of lines ...

parallel to 8y +5x -6 = 0, through point (8, 5)perpendicular to y = 7/4x +9/4, through the origin

Parallel line

The equation of a parallel line in general form can be written using the same coefficients, and choosing a constant that makes the equation true for the given point.

  8y +5x +c = 0

  8(5) +5(8) +c = 0

  80 +c = 0

  c = -80

The equation of the desired line is 8y +5x -80 = 0.

Perpendicular line

The given equation is in slope-intercept form, so we can identify the slope as ...

  y = mx +b = 7/4x +9/4

  m = 7/4

The perpendicular line will have a slope that is the opposite reciprocal of this:

  m' = -1/(7/4) = -4/7 . . . . . . slope of perpendicular line

The line through the origin will have a y-intercept of 0, so the equation in slope-intercept form is ...

  y = -4/7x

__

Additional comment

The attached graph shows the given lines as dashed lines, and the requested lines as solid lines in the same color. The "must pass through" points are shown.

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A tree is 18 feet tall and casts a shadow
that is 22 feet long. How far is it from the
end of the shadow to the top of the tree?
Show your work.

Answers

Answer:

28.42 feet

Step-by-step explanation:

Given

Height of tree = 18 feetLength of shadow = 22 feet

To Find

Distance b/w top of tree and end of shadow

Solving

This resembles a right triangle⇒ We can use Pythagorean Theorem!⇒ 18² + 22² = L²⇒ L² = 324 + 484⇒ L² = 808⇒ L = 2√202 ⇒ L = 2 x 14.21⇒ L = 28.42 feet

Answer:

28.4 feet

Step-by-step explanation:

The question can be solved by using Pythagoras Theorem.

Given:-

Height of tree :- 18 feet (Perpendicular)

length of shadow :- 22 feet (Base)

To find:-

Distance of shadow from the end to the top of the tree

Solution:-

We know the Pythagoras theorem,

Which is , H² = P² + B²

So putting the given value , we get

H² = 18²+22²

H² = 324 + 484

H = √ 808 feet

H = 28.4 feet

Help help math math math math math

Answers

Answer:

A

Step-by-step explanation:

You can think about it as an equation without the inequality:

y = 5 - x        OR       y = -x + 5

Slope = -1

Y-intercept = 5

Graph B is a horizontal line with a slope of zero and y-intercept of 2. Graph A is the only one that fits the above parameters.

Hope this helps!

Answer:

a

Step-by-step explanation:

What is the average rate of change of the function y = 3 cos x on the interval [π/2, π]?

Answers

Answer:

¹

Step-by-step explanation:

Average Rate of Change is

ts

[tex] \frac{f(b) - f(a)}{b - a} [/tex]

Here b is pi, a is pi/2,

[tex] \cos(\pi) = - 1[/tex]

[tex] \cos( \frac{\pi}{2} ) = 0[/tex]

So we have

[tex] \frac{ - 1 - 0}{ \frac{\pi}{2} } = \frac{ - 1}{ \frac{\pi}{2} } [/tex]

Answer:

-2/pi

Step-by-step explanation:

Ryan buys some jumpers to sell on a stall.
He spends £130 buying 40 jumpers.
He sells 80% of the jumpers for £12 each.
He then puts the rest of the jumpers on a Buy one get one half price offer.
He manages to sell half the remaining jumpers using this offer.
How much profit does Ryan make?

Answers

80% of 40 = 32
32*£12 = £384
40-32=8
4*12=£48
4*6=£24
384+48+24=£456

456-130= £326 profit

I REALLY NEED HELP MY GRADES GO IN TONIGHT AND I CANT SOLVE THIS I NEED A REAL ANSWER I WILL CHECK BEFORE GIVING POINTS!!!!!!!!!!!!!!!!!

Answers

Answer:

K. 8

N. 12

A. 29

H. 5

I. -297

G. 89

T. 50

S. -7

W. 165

WHAT'S SHAKING

Answer:

K: 8

N: 12

A: 29

H: 5

I: -297

G: 89

T: 50

S: -7

W: 165

WHATS SHAKING [Answer]

Step-by-step explanation:

Please rate!!

What is the answer for this 4² × 4²

Answers

Answer:

4squared is 16 so 16×16=256

hope it help

Answer:

4^2=16 multiplyin 16 by 16 gets you 256

Step-by-step explanation:

The base of a triangle exceeds the height by 7 feet. If the area is 114 square feet, find the length of the base and the height of
the triangle

Answers

Answer:

Height of the triangle = 12 feet

Base of the triangle = 19 feet

Step-by-step explanation:

Let the height of the triangle be x feet

-> Base of the triangle = (x + 7) feet

[tex]A(\triangle)= 114\: ft^2[/tex]

[tex]\because A(\triangle)=\frac{1}{2}(base)(height) [/tex]

[tex]\implies 114=\frac{1}{2}(x+7)(x) [/tex]

[tex]\implies 114\times 2= x^2+7x[/tex]

[tex]\implies 228= x^2+7x[/tex]

[tex]\implies x^2+7x-228=0[/tex]

[tex]\implies x^2+19x-12x-228=0[/tex]

[tex]\implies x(x+19)-12(x+19)=0[/tex]

[tex]\implies (x+19)(x-12)=0[/tex]

[tex]\implies (x+19)=0,\:\:(x-12)=0[/tex]

[tex]\implies x =-19,\:\:x=12[/tex]

x represents the height of the triangle.

-> x can not take negative value.

[tex]\implies x\neq -19[/tex]

[tex]\implies x = 12[/tex]

[tex]\implies x +7= 12+7=19[/tex]

Thus,

Height of the triangle = 12 feet

Base of the triangle = 19 feet

Which field is required when importing vendors

Answers

Import field: Tax Identification Number, Tax Number for Customers or Vendors. Tax Identification Number (customers) or Tax ID Number (vendors).

13, 19, 25, ...
Find the 48th term.

Answers

Answer:

so you should add 6 to 13 in case to find 19, then add 6 to 19 to get to 25.

so the first is 13 and we keep adding 6 to get to the answer. we do it 47 times. so we have 13+ (6) (47) = 295 which is the 48th term.

The 12th term of the arithmetic sequence13, 19, 25,... is 79.

What are arithmetic and geometric sequence?

An arithmetic sequence is a set of numbers in which every no. next to the previous number has the same common difference

d = aₙ - aₙ₋₁ = aₙ₋₁ - aₙ ₋₂.

In a geometric sequence numbers are written in the same constant ratio(r).

It means every next number is a multiple of a common constant and the previous number.

r = aₙ/aₙ₋₁ = aₙ-₁/aₙ₋₂.

Given, an arithmetic sequence 13, 19, 25,...

The first term a₁ = 13 and the common difference is = (25 - 19) = (19 - 13) = 6.

We know nth term of an arithmetic sequence is aₙ = a₁ + (n - 1).d.

∴ The 12th term of this arithmetic sequence is a₁₂ = a₁ + (12 - 1).d

a₁₂ = 13 + (12 - 1).6.

a₁₂ = 13 + 11.6

a₁₂ = 13 + 66.

a₁₂ = 79.

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B
45°
71°
E
27°
A
D
11. What is mBAC

Answers

Answer:THE ANSWER IS B MY GUY

Step-by-step explanation:

Write the first three terms of the sequence whose general term is an=(3n)!.

Answers

Answer:

3, 6, 9

Step-by-step explanation:

an=3n

a(1)=3(1)= 3

a(2)=3(2)= 6

a(3)=3(3)= 9

Solve the equation b(b+12) = 0. Check your solutions.

Answers

[tex]\qquad\qquad\huge\underline{{\sf Answer}}♨[/tex]

Here's the solution ~

[tex]\qquad \sf  \dashrightarrow \:b(b + 12) = 0[/tex]

Here, we have two cases :

Case 1

[tex]\qquad \sf  \dashrightarrow \:b = 0[/tex]

Case 2

[tex]\qquad \sf  \dashrightarrow \:b + 12 = 0[/tex]

[tex]\qquad \sf  \dashrightarrow \:b = - 12[/tex]

Hence, 0 and -12 are the only possible solutions for given equation.

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