The required equation of the parabola is (y-5)² = 20(x+2)
<h3>Equation of a parabola</h3>
The standard equation of a parabola is expressed as;
(y-k)² = 4p(x-h)
where;
vertex = (h, k)
focus = (p+k, k)
directrix x = -p + h
Note that the directrix given will determine the type of the equation of a parabola
Given the following parameters
focus = (-2, 5) = (h, k)
x = -p + h
3 = p -2
p = 5
Substitute
(y-k)² = 4p(x-h)
(y-5)² = 4(5)(x-(-2))
(y-5)² = 20(x+2)
Hence the required equation of the parabola is (y-5)² = 20(x+2)
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The monthly payment if we put 5% down for a 30-year loan with a fixed rate of 6.25% is (B) $2,605.87 (approx).
<h3>
What is a loan?</h3>
- A loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, or other entities in finance.
- The recipient (i.e., the borrower) incurs a debt and is typically required to pay interest on that debt until it is repaid, in addition to repaying the principal amount borrowed.
- The document evidencing the debt will typically include information such as the principal amount borrowed, the interest rate charged by the lender, and the date of repayment.
- A loan is the temporary reallocation of the subject assets between the lender and the borrower.
To find the monthly payment if we put 5% down for a 30-year loan with a fixed rate of 6.25%:
- The purchase price is = $445500
- 5% is down payment = 0.05 × 445500 = 22275
- Loan amount is = 445500 - 22275 = 423225
- The EMI formula is = [p × r (1+r)ⁿ]/[(1+r)ⁿ-1]
- p = 423225
- r = 6.25/12/100=0.0052
- n = 30 × 12 = 360
- Putting the values in the formula we get:
- [423225 × 0.0052 × (1.0052)³⁶⁰]/[(1.0052)³⁶⁰-1]
- = $2603.17
Therefore, the monthly payment if we put 5% down for a 30-year loan with a fixed rate of 6.25% is (B) $2,605.87 (approx).
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The correct question is given below:
If the purchase price for a house is $445,500, what is the monthly payment if you put 5% down for a 30-year loan with a fixed rate of 6.25%?
a. $2,740.19
b. $2,605.87
c. $1,314.84
d. $1,249.10
Hello!
The slope of the line is how many times up or down it goes over the amount of times it moves over
It goes down 1 and to the right 4
The slope is -1/4
Hope this helps!
Answer:
The value of x is 6.66
Step-by-step explanation:
For answer refer to the attachment
<u>Related</u><u> Information</u><u> </u><u>:</u><u>-</u>
There are 4 similarity conditions,
- SAS ( side angle side )
- AAS ( angle angle side )
- SSS ( side side side )
- AAA ( angle angle angle)
