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Alexus [3.1K]
3 years ago
11

Marc can afford a $750 monthly mortgage payment. If the current mortgage rates are 5% and he wishes to have a 30-year mortgage,

what is the maximum amount he can afford to borrow?
Mathematics
2 answers:
Svetllana [295]3 years ago
6 0
$136,280 would be how much he can borrow.
stiv31 [10]3 years ago
4 0

Answer:

The answer is $139,711.

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4) The heat is turned on in a room. After 5 minutes, the temperature is 64 °F and after 25 minutes, the
damaskus [11]

Answer:

F=0.4t

Step-by-step explanation:

Find the slope using the formula rise over run or y2-y2 over x2-x1

y2=72 y1=64 x2=25 x1=5

72-64/25-5=8/20=0.4

6 0
2 years ago
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In a study of the effect of college student employment on academic performance, the following summary statistics for GPA were re
11Alexandr11 [23.1K]

Answer:

Step-by-step explanation:

This is a test of 2 independent groups. The population standard deviations are not known. Let μemployed(μ1) be the sample mean of students who are employed and μnot employed(μ2) be the sample mean of students who are not employed

The random variable is μ1 - μ2 = difference in the mean of the employed and unemployed students.

We would set up the hypothesis.

The null hypothesis is

H0 : μ1 = μ2 H0 : μ1 - μ2 = 0

The alternative hypothesis is

H1 : μ1 < μ2 H1 : μ1 - μ2 < 0

Since sample standard deviation is known, we would determine the test statistic by using the t test. The formula is

(μ1 - μ2)/√(s1²/n1 + s2²/n2)

From the information given,

μ1 = 3.22

μ2 = 3.33

s1 = 0.475

s2 = 0.524

n1 = 172

n2 = 116

t = (3.22 - 3.33)/√(0.475²/172 + 0.524²/116)

t = - 1.81

The formula for determining the degree of freedom is

df = [s1²/n1 + s2²/n2]²/(1/n1 - 1)(s1²/n1)² + (1/n2 - 1)(s2²/n2)²

df = [0.475²/172 + 0.524²/116]²/[(1/172 - 1)(0.475²/172)² + (1/116 - 1)(0.524²/116)²] = 0.00001353363/0.00000005878

df = 230

We would determine the probability value from the t test calculator. It becomes

p value = 0.036

Since alpha, 0.05 > than the p value, 0.036, then we would reject the null hypothesis.

Therefore, at a 5% significant level, this information support the hypothesis that for students at this university, those who are not employed have a higher mean GPA than those who are employed

3 0
3 years ago
(HELO FAST )What is the solution to this system of equations? *
Alex787 [66]

Answer:

A

Step-by-step explanation:

i think thats the answer

8 0
2 years ago
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Can somebody please help answer this word problem using grass method? And showing how u get the answer thanks!!!
xxTIMURxx [149]

Answer:3/20

Step-by-step explanation:

Fraction of total area mowed = (3/5) + (1/4) = 17/20

Therefore fraction of total area left = 1 - (17/20) = (20/20) - (17/20) = 3/20

8 0
1 year ago
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