Barry and Evelyn know they want a 15 year mortgage for their new home purchase. They are planning to borrow $160,000. Two local lending institutions have similar offers. Loan A is offering a 3% annual interest rate leading to a monthly payment of $1104.93. Loan B is offering a 4% annual interest rate leading to a monthly payment of $1183.50.

Answers

Answer 1

Answer:

Loan A: $198887.40

Loan B: $213030

Step-by-step explanation:

To find the total payback use the equation:

P x 12 x t

P= monthly payment

t= time in years

Loan A: 1104.93 x 12 x 15= $198887.40

Loan B:1183.50 x 12 x 15= $213030

Hope this helps :)


Related Questions

What is the ratio of 5
footballs to 9 Baseballs

Answers

Answer:

5:9 If that's what you meant

Step-by-step explanation:

Answer:

5:9

Step-by-step explanation:

Ratio is as follows

n1 to n2 = n1:n2

Therefore,

5 footballs to 9 baseballs = 5:9

Hope this helps :)

Please help with both and leave a small explanation! I wanna double check my answers!

Answers

Answer:

(1)Hoops shadow would be 6 ft (2) model would be 3 cms

Step-by-step explanation:

9 / 3 = 3   3 x 2 = 6 ft

15 / 5 =3    3 x 1 = 3 cm

PLZ HELP ME?!?!?!?!?!?!?!?!?!?!?!!!???!?!?!?!?

At the electronics store, James bought a headset that was originally priced at $90 for $60. What was the percent of change in the headset's price?

Answers

Answer:

30%

Step-by-step explanation:

help meh plss :) i don't know the answer

Answers

Answer:

33 1/3

Step-by-step explanation:

A game uses a single 6-sided die.

To play the game, the die is rolled one time, with the following results:

Even number = lose $10
1 or 3 = win $3
5 = win $8

What is the expected value of the game?

Answers

45$ since there are 3 even numbers so 3x10= 30 and 1&3= 6 1 five which is 8. Now we add 30+6+8

Mrs. Ryan purchased 25,000 grams of clay for her art classes at school. If she has 100 students, how many grams of clay will each student get if it is divided equally?

25 grams
100 grams
250 grams
2,500 grams

Answers

250 grams. Have a nice day

A company manufactures batteries in batches of 26 and there is a 3% rate of defects. Find the standard deviation for the number of defects per batch.

Answers

Answer:

The standard deviation for the number of defects per batch is 0.87.

Step-by-step explanation:

Let X denote the number of defective batteries per batch.

A company manufactures batteries in batches of n = 26.

It is provided that the rate of defects is, p = 0.03.

Each battery is defective independently of the others.

The random variable X follows a binomial distribution.

The standard deviation of a binomial distribution is:

[tex]\sigma=\sqrt{np(1-p)}[/tex]

Compute the standard deviation for the number of defects per batch as follows:

[tex]\sigma=\sqrt{np(1-p)}[/tex]

  [tex]=\sqrt{26\times 0.03\times (1-0.03)}\\\\=0.86982757\\\\\approx 0.87[/tex]

Thus, the standard deviation for the number of defects per batch is 0.87.

Maria's dog weighs 8 times as much as her rabbit. Together they weigh 81 pounds. How much does the dog Weigh?​

Answers

The dog weighs 72 pounds and the rabbit 9 pounds together they are 81
I just plugged in numbers plus the number I multiplied by
So 8 times 9 :72 +9: 81

Quien me ayuda por favor dime gracias

Answers

que esta? i don’t see anything sorry this is confusing

You are on a boat in the ocean, at point A. You locate a lighthouse at point D, beyond the line of sight of the marker at point C. You travel 90 feet west to point B and then 36 feet south to point C. You travel 100 feet more to arrive at point E, which is due east of the lighthouse. What is the distance from point E to the lighthouse?

Answers

Answer:

Step-by-step explanation:

Step-by-step explanation:

Since, after making the diagram of this situation,

We get two triangles ABC and CED,

In which AB = 90 feet, BC = 36 feet and CE = 100 feet,

Now,

       ( Vertically opposite angles )

        ( Right angles )

By AA similarity postulate,

By the property of similar triangles,

Since, point D represents the lighthouse.

Hence, the distance from point E to the lighthouse = 250 feet

Whoever answers gets brainlist!

Answers

Answer:

B

Step-by-step explanation:

answer is B

ASAP Evaluate the expression: 20.16(0.375)

Answers

Answer:

7.56

Step-by-step explanation:

Just multiply

20.16 times 0.375

7.56

Answer:

Hii

The answer is 7.56.

Step-by-step explanation:

you multiply the value outside of the bracket with the value inside of the bracket.

Are these rational or irrational? Please help ASAP!

Answers

Answer:

√25 is a rational number

√1 is rational number

√7 is irrational number

Step-by-step explanation:

first one is √25

=√25

=√5² ( 25 is the square of 5)

= 5

another one is √1

= √1

=√1² ( 1 is the square of itself)

= 1

last one is √7..... and it is irrational

3x * -2y= -100
Solve for y and x.

Answers

Answer:

x=50/3y

y=50/3x

Step-by-step explanation:

Isolate the variable by dividing each side by factors that don't contain the variable.

Which point is a reflection of Z(5 1/2,3) across the y axis

Answers

Answer: C?

Step-by-step explanation:

Because reflecting means like think of a mirror it’s reflecting you so the opposite side would be the bottom right quadrant please tell me if I’m right?

Write the next three terms in each sequence. Make sure your
answers are separated by a comma and a space; like 1, 2, 3

25, 26, 27, 28, ...


Answers

Answer:

29,30,31

this is basically like counting just add 1

A chef at a restaurant uses 17 pounds of butter each day. About how many grams does the chef use each day?

Answers

answer

7711.07

Step-by-step explanation:

The chef uses 7,711.03 grams each day at a restaurant.

How to convert Pounds to Grams?

The methodology to convert Pounds to Grams is relatively simple. To convert Pounds to Grams, you must multiply the unit by 453.59.

For example, if you have to convert 5 Pounds to Grams, you need to multiply 5 by 453.59.

A chef at a restaurant uses 17 pounds of butter each day.

We have to determine the number of grams the chef uses each day.

Since 1 pound (lb) is equal to 453.59 grams (g).

So 17 pounds = 453.59 × 17 = 7,711.03 grams

Thus, the chef uses 7,711.03 grams each day.

To learn more about the unit conversion click here:

https://brainly.com/question/12792843

#SPJ2

i need help with this ^

Answers

Answer:

I think it's 3

Step-by-step explanation:

If 2 is c than subtract  it and it's 3?

7a/9bc divided by 21a/12b

Answers

Answer:

Step-by-step explanation:

I dont know if you meant to punch in a c into the equation but if you didnt mean to i have both answers

The one that contains a c in the fraction that you asked for!

Which is the last operation preformed when evaluating (8-2x)²+4 for x=3

A addition

B multiplication

C subtraction

D applying the exponent

Please hurry

Answers

Answer:   I think its c sorry if im whrong

W-4y+z=0 for z (please show work)

Answers

Answer: z=-w+4y

Step-by-step explanation:

W-4y+z=0

Calculate product

w-4y+z+0

Move variables to the right

Please help me I am confused

Answers

The answer is c...

y = mx + b is slope intercept form

This equation corresponds to that...

to be in slope intercept form:

y = mx + b is corresponded to y = 4x + 9

Answers c!!!!!!::::::::::)))))

PLEASE HELP I SUCK AT MATH

Answers

The answer to the question is B. [tex]y=4x[/tex]

[tex]4(2)=8\\4(3)=12\\4(4)=16\\4(5)=20[/tex]

A line passes through the points (8, 1) and (6, 7). What is the slope?



Answers

Answer:

-3

Step-by-step explanation:

7-1=6

6-8=-2

A line connects the points (8, 1) and (6, 7). The angle is -3.

What is meant by slope?The slope or slope of a line is a number in mathematics that describes both the direction and slope of a line. Gradients are frequently represented by the letter m.There is no clear reason why the letter m is used for gradients, but it was first used in English by O'Brien (1844), who wrote the equation for a straight line as "y = mx + b."He is also depicted in Tod Hunter's (1888) work, where he wrote "y = mx + c."The slope is calculated by dividing the difference between two (arbitrary) points on a line by the ratio of vertical and horizontal change.

Therefore,

Slope (m) = ΔY/ΔX

= 3/-1

= -3

The slope =  -3

θ = arctan(ΔY/ΔX) + 180°

=1 08.43494882292°

ΔX = 6 – 8 = -2

ΔY = 7 – 1 = 6

Distance (d) = √ΔX2 + ΔY2 = √40 = 6.3245553203368

Equation of the line:

y = -3x + 25

When x = 0, y = 25

When y = 0, x = 8.3333333333333

Hence,  A line connects the points (8, 1) and (6, 7). The angle is -3.

To learn more about slope, refer to:

brainly.com/question/16949303

#SPJ2

what is difference between applied force and normal force?​

Answers

Answer:

An applied force is a force that is applied to an object by a person or another object. If a person is pushing a desk across the room, then there is an applied force acting upon the object. The normal force is the support force exerted upon an object that is in contact with another stable object.

I need help with whole thing teacher is putting pressure on me and I have a 10 in her class

Answers

Answer:

So... for problem 15. im gonna help you and maybe you'll understand how to do it:) So the X axis is the horizontal line and the Y axis is the vertical line.

So when it says X -4

                          Y 5

Then the point would be at -4 on the horizontal line and 5 positive points on the Y axis (vertical line)

Step-by-step explanation:

I really hope this helps you its hard to describe over type:(

Good luck:))

2
Given the function below, which of the
following values will result in f(x)=1/2x+8

A. f(-2)
B. S(-4)
C. (4)
D. f(13)

Answers

The answer is d)f(13)

24% of 72 is what number? (will mark brainliest for full explanation)

Answers

Answer:

300

Step-by-step explanation:

Answer:

17.28

Step-by-step explanation:

Multiply 72 by .24, .24 being 24% because it is 24 out of 100.

How will increasing the level of confidence without changing the sample size affect the width of a confidence interval for a population mean?

Answers

Answer:

The width of the confidence interval is going to be wider

Step-by-step explanation:

When we Increase the level of confidence without changing the sample size the width of the confidence interval is going to be affected in the following way;

The margin of error (M.E) is going to be larger or be increased. This increase is due to the fact that the critical value is going to increase. Then the increased margin of error would cause the width of the confidence interval to become wider.

This answers your question.

Stuck on this problem for awhile​

Answers

Answer:B

Step-by-step explanation: 1/3*5=5/3*2/9=10/27

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