Mathematics College

You can save a significant amount of mortgage interest paid if you make one additional principal and interest payment a year. This will reduce a 30-year mortgage by around 6 years. It also increases your equity in the home faster. If you choose to pay one additional mortgage payment a year by paying 1/12 of it each month (make certain to note the extra money is to reduce principal), how much will you pay each month for a mortgage of $152,000 at 3.5% for 16 years?

Answers

Answer 1

Answer:

A = $237,120.00

I = A - P = $85,120.00

Equation:

A = P(1 + rt)

Calculation:

First, converting R percent to r a decimal

r = R/100 = 3.5%/100 = 0.035 per year.

Solving our equation:

A = 152000(1 + (0.035 × 16)) = 237120

A = $237,120.00

The total amount accrued, principal plus interest, from simple interest on a principal of $152,000.00 at a rate of 3.5% per year for 16 years is $237,120.00.

Related Questions

The total cost to buy pizzas from Mrs. miss holiday party can be found using the function C(x)=10+3.50x, where X is the number of pizza bought. She wants to order at least 5 pizzas but no more than 9 pizzas for class. Is this a continuous or discreet relationship?

What is the domain and what is the range of the situation?

Answers

Answer:

We have the equation:

C(x) = 10 + 3.50*x

x represents the number of pizzas she buys, x only can take whole values, so we must have x ∈ Z

This means that this relation is discrete because there are only some values of x avaible, and thus there will be only some values of C(x) avaible.

She wants to buy at least 5 pizzas, and no more than 9, then the domain will be:

5 ≤ x ≤ 9

Or we could write the domain as:

{5, 6, 7, 8, 9}

This means that the possible costs will be:

C(5) = 10 + 3.50*5 = 27.50

C(6) = 10 + 3.50*6 = 31

C(7) = 10 + 3.50*7 = 34.5

C(8) = 10 + 3.50*8 = 38

C(9) = 10 + 3.50*9 = 41.50

Then the range is:

{27.50, 31, 34.5, 38, 41.50}

Select all ratios equivalent to 10:9.

26:21 110:99 75:45

Answers

Answer:

9:0

Step-by-step explanation:

how do u expect me to explain it

Elvira makes money to buy decorations for the cafeteria by selling little bags of chips in the snack bar. If each bag costs $0.35 and she can sell the bag for $0.90, how many bags must she sell to earn at least $200.

Answers

Answer:

Step-by-step explanation:

.90-.35=.55

200/.55=364 bags i think

Elvira sells a total of 364 bags to earn a profit of $200 and this can be determined by using the unitary methods.

Given :

Elvira makes money to buy decorations for the cafeteria by selling little bags of chips in the snack bar. If each bag costs $0.35 and she can sell the bag for $0.90.Total profit earn = $200

The following steps can be used to determine the total number of bags she sells to earn the profit of $200:

Step 1 - First find the total profit she earns to sell one bag.

= 0.90 - 0.35

= $0.55

Step 2 - Now, using the unitary method find the total number of bags she sells to earn a profit of $200 If she earns a profit of $0.55 to sell one bag.

[tex]=\dfrac{200}{0.55}[/tex]

= 363.63 [tex]\approx[/tex] 364 bags

She sells a total of 364 bags to earn a profit of $200.

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How many solutions are there to: 8x + 7 = 7 + 8x.

Answers

Answer: X make the equation true

Step-by-step explanation:

harrison spent 1 and 1/2 hours hiking 3/4 hours swimming and 1 1/3 hours fishing during his last camping trip. in total, how many hours did he spend doing there?

Answers

Answer:

5 11/12 hours

Step-by-step explanation:

Make your common denominators 12. then when you add up you get 5 11/12.

Hope this helps and good luck :)

two football players start running towards each other each other from the opposite ends of a 100- yard football field. The faster player runs at a rate of 30 feet per second. The slower player runs 20 feet per second. After how many seconds will they collide

Answers

Answer:

600

Step-by-step explanation:

Multiply both numbers by 12.

240

360

Find the value of c -(x-5)(x+c)=x^2+2x-35

Answers

Answer:

Erm

Step-by-step explanation:

I think not

Answer:

c= ( 2 x + 7 ) ( x − 5 ) / 6 − x

Step-by-step explanation:

Create a table for the equation with a y-intercept of 15 and a slope of -5. What is the output when x is -10?

x y
-2
-1
0
1
2
-6 ?

Answers

Answer:

The output is 65 when x is -10.

Step-by-step explanation:

y=mx+b is the easiest form to understand visually what the slope and intercept is.

m is the slope and b is the y-intercept. Replace both of these variables respectively with their appropriate values. In this case, the slope (m) is -5 and y-intercept is 15.

Equation looks like this: y=-5x+15

What is the output when x is -10? Replace x with 10, and your output is the y value.

[tex]y=-5(-10)+15\\y=50+15\\y=65[/tex]

Each batch of 48 cookies that Amy makes takes 20 minutes in the oven. If the oven is on for 3 hours and 55 minutes (15 minutes for preheating) how many cookies did Amy make?

Answers

3 hours and 55 minutes - 15 minutes would leave 3 hours and 40 minutes. You figure there’s 20 minutes 3 times in an hour so 3x3 is 9 + the extra 2 20 minute periods from the 40 minutes. So 11 batches of cookies, 48x11= 528. Amy made 528 cookies.

Graph the equation below.

y= 5/4 x-1

Answers

Answer:

In the photo (I hope this helps)

Step-by-step explanation:

John made $172 last weekend. He worked 11 hours. How much money does John make each hour? *

Answers

Answer:

15.63

Step-by-step explanation:

172/11

15.636363...

Violet practices the piano 840 minutes in 4 weeks. At what rate did she practice, in
minutes per day?

Answers

Answer:

Step-by-step explanation:

the answer that you are looking for is 30

If the scores per round of golfers on the PGA tour are approximately normally distributed with mean 64.2 and standard deviation 1.39, what is the probability that a randomly chosen golfer's score is below 0 strokes?

Answers

64.2 because I said so yahhhhh feeeellll meeeee

What is the product of (9)(-9)(-1)? -
81
-1
1
81

Answers

Answer:

Step-by-step explanation:

Answer:

D.81

Step-by-step explanation:

happy chrismas every one

plz mark me brainliest

Here is a balanced hanger diagram:
A circle has a mass of 3 grams and a square has a mass of 2 grams.
Which is the mass of a triangle?
a. 9/5 grams
b. 715 grams
c. 3 grams
d. 11 grams

Answers

Answer:

Step-by-step explanation:

11 grams because the the most logical.

Option C. 3 grams is the answer.

Mass given,

One circle = 3 gramsOne square = 2 grams

For the balanced hanger diagram,

Mass on left arm = Mass on right arm

Mass on left arm = 2.(one triangle) + 6.(one square) + 3.(one circle)

Mass on right arm = 5.(one triangle) + 3.(one square) + 2.(one circle)

Equation for the balanced hanger,

2.(one triangle) + 6.(one square) + 3.(one circle) = 5.(one triangle) + 3.(one square) + 2.(one circle)

Now solve this equation,

(6 - 3).(one square) + (3 - 2).(one circle) = (5 - 2).(one triangle)

3.(one square) + 1.(one circle) = 3.(one triangle)

3.(2) + 1.(3) = 3.(one triangle)

6 + 3 = 3.(one triangle)

One triangle = 3 grams

Therefore, Option (C) will be the correct option.

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how many years is one million seconds

Answers

Answer:

it says 0.0317 calendar year

The book store is having a sale. Every book is $5 off, regardless of the original price.

The sale price for every book is $5 less than the original price.

Let x = original price

Let y = sale price

Which equation represents this situation?

A. y = × + 5

B. y = × - 5

C. y = 5x

D. y = × ÷ 5

Answers

Answer:

y=x-5

Step-by-step explanation:

sale price (y) is equal to the original (x) minus five dollars

Answer:

y = x - 5

Step-by-step explanation:

I took the test on A P E X

7 1/4x+x-2 11/12x+1 2/3x=5 3/5
What is x?

Answers

Answer:

x = 0.8

Step-by-step explanation:

7 1/4x + x - 2 11/12x + 1 2/3x = 5 3/5

Combine like terms;

- convert the fractions to improper fractions

29/4x + x - 35/12x + 5/3x = 28/5

-Convert to a like denominator

87/12x + x - 35/12x + 20/12x = 28/5

-simplify

84/12x = 28/5

7x=28/5

Divide both sides by 7

x = 4/5

x = 0.8

What is the cubic Yardage of a 60'X40'X6"
thick lab?

Answers

Answer:

ค้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้ ฏ๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎ํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํํ ค้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้ ฏ๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎\ค้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้้ ฏ๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎๎

Step-by-step explanation:

write the value of 50 times the sum of 64 and 36

Answers

e Value of the Expression a. 50 times the sum of 64 and 36. 50 x(64+36)

Answer:

500 :)

Step-by-step explanation:

Solve the system of equations.
- 52 + 2y = 9
y=73
T =
y =
Show Calculator

Answers

Step-by-step explanation:

(1 point)

No, there isn't a more efficient way to solve this system.

Yes, a more efficient way is to multiply the first equation by 4, add to eliminate y, then solve for x.

Yes, a more efficient way is to multiply the first equation by −4, add to eliminate y, then solve for x.

Yes, a more efficient way is to multiply the first equation by −4, add to eliminate x, then solve for y.

Which of the following is a linear function?

A
y=2/x + 11

B. 2
y=x + 6

C
y=1/2 (x-9)

Answers

Answer:

y=x+6

Step-by-step explanation:

A linear equation is an equation of a straight line, which means that the degree of a linear equation must be

for each of its variables. In this case, the degree of variable

and the degree of variable

HELP ME PLZZ

Commission is a fee paid to a person for ______ provided; a percent earned on sales. *

expressions
gratuity
services
tax

Answers

Answer:

tax

Step-by-step explanation:

What is tan(x) equal to?
1
2
sin(x)
cos(x)
sin(x)/cos(x)

Answers

Answer: sin(x) / cos(x)

Step-by-step explanation: This is just a trigonometric identity you should have memorized :)

Determine the type of triangle this drawn below

Answers

Answer:

Step-by-step explanation:

Isosceles Obtuse??????

A restaurant owner plans to use x tables seating 4, y tables seating 6, and z tables seating 8, for a total of 20 tables. When fully occupied, the tables seat 108 customers. If only half of the x tables, half of the y tables, and one-fourth of the z tables are used, each fully occupied, then 46 customers will be seated. Find x, y, and z

Answers

Answer:

x = 10, y = 6 and z = 4

Step-by-step explanation:

From the question, we can form simultaneous equations of 3 variables.

Since the total tables is 20, then

x + y + z = 20

If fully occupied, x tables seating 4 will be occupied by 4x customers, y tables seating 6 will be occupied by 6y customers and z tables seating 8 will be occupied by 8z customers. Since we are told that if they occupy the tables with their seating, we will have a total of 108 customers. This gives the equation

4x + 6y + 8z = 108.

From th last statement "if only half ..." We can form the following equation:

(4x)/2 + (6y)/2 + (8z)/4 = 46.

From these we have the equations (after simplifying) to be:

x + y + z = 20 -------------- 1

2x + 3y + 4z = 54 ----------- 2

2x + 3y + 2z = 46 ----------- 3

In order to solve these equations, let's subtract eqn 3 from 2, we have:

2z = 8

z = 4

Putting z = 4 in eqn 1 and eqn 2

We have:

x + y = 16 ----------- 4

2x + 3y = 38 -------- 5

To solve these eqns, multiply eqn 4 by 2 and eqn 5 by 1.

4 x 2 : 2x + 2y = 32 ----------- 6

5 x 1 : 2x + 3y = 38 ------------ 7

Let's subtract eqn 6 from eqn 7, we have:

y = 6. Substituting y = 6 and z = 4 in eqn 1, we have x = 10.

Therefore, x = 10, y = 6 and z = 4

100 points! help please I need this

Answers

Answer:

5/4 is rational , 100 square root is irrational , 7.3 rational , 0.00247 is rational , 4/9 square root is irrational ,2/24 square root is irrational and 0.01 is rational :)

Triangle XYZ is a scale drawing of triangle ABC.
Triangle ABC has side lengths 3, 4, & 5.
Triangle XYZ has corresponding side lengths x, 12, & 15.
What is the value of x?

Answers

Answer:

x = 9

Step-by-step explanation:

∆ABC is similar to ∆XYZ

Therefore:

[tex] \frac{AB}{XY} = \frac{BC}{YZ} [/tex]

AB = 4

XY = 12

BC = 3

YZ = x

Plug in the values

[tex] \frac{4}{12} = \frac{3}{x} [/tex]

Cross multiply

4x = 36

Divide both sides by 4

x = 9

Any help please thank you I appreciate it

Is credit union the heights rate ? Can anyone help me get the answer

Answers

Have faith, you got it. 6 2/5 is 6.4% when converted to decimal. Higher than the others once converted to decimal as well.

An insurance company offers a term life insurance policy with a renewable premium. The first year premium is $900. If the premiums increase 5.5% each year, how much will her premium be in 7 years? A $1,286 B $1,241 C $1,308 D $1,416

Answers

Answer:

The answer is B

Step-by-step explanation:

If first year premium is $900 and the premiums increase 5.5% each year then the premium be in 7 years is $1308

What is Percentage?

percentage, a relative value indicating hundredth parts of any quantity.

An insurance company offers a term life insurance policy with a renewable premium.

The first year premium is $900

The premiums increase 5.5% each year,

[tex]A=Pe^r^t[/tex]

5.5%=5.5/100 =0.055

[tex]A = 900(e)^0^.^0^5^5^\times^7[/tex]

[tex]A=900e^0^.^3^8^5[/tex]

A=900×1.46

A=$1308

Hence, if first year premium is $900 and the premiums increase 5.5% each year then the premium be in 7 years is $1308

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