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Shtirlitz [24]
3 years ago
5

Suppose that the total interest that will be paid on a 2525-year mortgage from a home loan of $130,000$⁢130,000 is going to be $

380,000$⁢380,000. What will be the payments each month if the payments are to pay off both the loan and the interest (rounded to the nearest hundredth)?
Mathematics
1 answer:
lesantik [10]3 years ago
7 0

Answer:

$1,700

Step-by-step explanation:

Given the following :

Period of mortgage = 25 years

Mortgage amount = $130,000

Total interest on mortgage = $380,000

Hence,

Total amount to be paid ( principal + interest) :

($130,000 + $380,000) = $510,000

Total number of months over the 25 years period:

25 × 12 = 300 months

Payment per month:

Total repayment / number of months

= $510,000 / 300

= $1,700 per month

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An archer hits a bullseye 64% of the time. What is the probability the archer hits
Brums [2.3K]

Answer:

C. 0.077

Step-by-step explanation:

Use binomial probability.

P = nCr pʳ qⁿ⁻ʳ

where n is the number of trials,

r is the number of successes,

p is the probability of success,

and q is the probability of failure (1−p).

n = 10, r = 4, p = 0.64, q = 0.36.

P = ₁₀C₄ (0.64)⁴ (0.36)⁶

P = 210 (0.64)⁴ (0.36)⁶

P = 0.077

6 0
3 years ago
Write 0.624 as a percent
ankoles [38]
62.4%  I think Because you move the decimal over 2 places.
7 0
3 years ago
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I WILL GIVE BRAINLIEST....PLEASE HELP..........
REY [17]

Answer:  The correct table which represents relationship B is,

Time (min) 1 3 8 9

Temperature (°C) 54.2 59.0 71.0 73.4

Step-by-step explanation:

Since, It is given that, table represents Relationship A.

Time (min) 1 3 8 9

Temperature (°C) 53.6 58.4 70.4 72.8

And, According to the question,  Relationship B has a greater rate than Relationship A.

Therefore, for a particular time Relationship B must be given the greater value than relationship A.

Thus In 1 minute, The temperature by B > 53.6°

In 3 minutes, The temperature by relationship B> 58.4°

In 8 minutes, The temperature by relationship B> 70.4°

In 9 minutes, The temperature by relationship B> 72.8°

But when we apply this we found only Fourth table is following the above conditions.

Therefore, The table,

Time (min) 1 3 8 9

Temperature (°C) 54.2 59.0 71.0 73.4

represented by fourth option will be the correct table for relationship B.




3 0
3 years ago
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stepladder [879]

Answer:

The two numbers are - 12 and - 12 .

Step-by-step explanation:

Let the two numbers be x and y then

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x * y = 144

or x = 144 / y ....... I)

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x + y = - 24

Or 144/y + y = - 24

or, ( 144 + y²) / y = - 24

or, 144 + y² = - 24y

y² + 24y + 144 = 0

y² + ( 12 + 12 ) y + 144 =0

y² + 12y + 12y + 144 = 0

y(y + 12 ) + 12 ( y + 14) = 0

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Either

y + 12 =0

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Therefore the two numbers are - 12 and - 12 .

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4 0
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a principal of $1500 is invested at 5.5 interest compounded annually. how much will the investment be worth after 7 years
lyudmila [28]

Answer:

Step-by-step explanation:

1500(1.055)^7= 2182.02

6 0
3 years ago
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