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Elina [12.6K]
3 years ago
15

You have purchased a property that you intend to rent out to people. The mortgage payment is $765/month and the property taxes a

re about $4,056/year. What is the least amount that you should charge for rent to come out even? Please round your answer to the nearest dollar.
Mathematics
1 answer:
Delicious77 [7]3 years ago
7 0
Monthly mortgage payment multiplied by 12 months in a year. 
765*12=9,180.
Add yearly mortgage plus property taxes:
9,180+4,056=13,236
Divide the total by 12 months in a year. 
13,236/12=1,103
You should charge $1,103 a month to come out even. 

You can also take the property taxes and divide them by 12 (months in a year)  4056/12=338. Then add the monthly mortgage ($765) 
 765+338= $1,103.

Hope this helps :)
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4. What function represents how much more water can be added to the bucket before it
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The function that represents how much more water can be added to the bucket before it overflows is given as follows:

c(x) = 6x³ + 3x² - 2x - 2.

<h3>How to define the function?</h3>

The function to calculate the space remaining in the pool is given by the subtraction of the capacity function by the function representing the current amount of water in the pool.

The functions in this problem are defined as follows:

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Then the capacity function is obtained as follows:

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c(x) = 8x³ + 4x² - 6x + 5 - (2x³ + x² - 4x + 7)

Then the distributive property is applied to the negative sign as follows:

c(x) = 8x³ + 4x² - 6x + 5 - 2x³ - x² + 4x - 7.

Finally, the like terms are combined, that is, the terms that have the same variable and exponent, as follows:

c(x) = 6x³ + 3x² - 2x - 2.

More can be learned about operations with functions at brainly.com/question/2723982

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Read 2 more answers
Sharif's portfolio generated returns of 12 percent, 15 percent, −15 percent, 19 percent, and −12 percent over five years. What w
qwelly [4]

Answer:

3.8 percent

Step-by-step explanation:

To find his average return over n years, we sum all of his returns, and divide by n.

In this problem:

5 years.

The sum is (12 + 15 - 15 + 19 - 12) = 19

19/5 = 3.8

So the correct answer is:

3.8 percent

8 0
4 years ago
At an airport, it cost 7 to park for one hour and 5 per hour for each additional hour.Let x represent the number hours parked.wr
kompoz [17]
The cost of parking is an initial cost plus an hourly cost.
The first hour costs $7.
You need a function for the cost of more than 1 hour,
meaning 2, 3, 4, etc. hours.
Each hour after the first hour costs $5.

1 hour: $7
2 hours: $7 + $5                  = 7 + 5 * 1          = 12
3 hours: $7 + $5 + $5          = 7 + 5 * 2          = 17
4 hours: $7 + $5 + $5 + $5  = 7 + 5 * 3          = 22

Notice the pattern above in the middle column.
The number of $5 charges you add is one less than the number of hours.
For 2 hours, you only add one $5 charge.
For 3 hours, you add two $5 charges.

Since the number of hours is x, according to the problem, 1 hour less than the number of hours is x - 1.

The fixed charge is the $7 for the first hour.
Each additional hour is $5, so you multiply 1 less than the number of hours,
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C(x) = 7 + 5(x - 1)

This can be left as it is, or it can be simplified as

C(x) = 7 + 5x - 5

C(x) = 5x + 2

Answer: C(x) = 5x + 2

Check:
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For 3 hours: C(3) = 5(3) + 2 = 15 + 2 = 17
For 4 hours: C(3) = 5(4) + 2 = 20 + 2 = 22
Notice that the totals for 2, 3, 4 hours here
are the same as the right column in the table above.
6 0
4 years ago
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