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Elan Coil [88]
3 years ago
12

Cliff Branch bought a home with a 10.5% adjustable rate mortgage for 30 years. He paid $9.99 monthly per thousand on his origina

l loan. At the end of 3 years he owes the bank $65,000. Since interest rates have risen to 12.5%, the bank will renew the mortgage at this rate, or Cliff can pay the bank $65,000. He decides to renew and will now pay $10.68 monthly per thousand on his loan. (You can ignore the small amount of principal paid during the 3 years.)
i cant figure this out
Mathematics
2 answers:
vichka [17]3 years ago
4 0
I'm Unsure, But Here's What I Found.

9.99×65=649.35

10.68×65=694.2

((10.68÷9.99)−1)×100=6.9%
asambeis [7]3 years ago
4 0

Answer:

The per thousand value of $65000 is 65000/1000=65

The old monthly payment was = 9.99\times65=649.35  dollars

Now after renewal, Cliff will now pay $10.68 monthly per thousand on his loan.

Hence, his new monthly payment is = 10.68\times65=694.20 dollars

The percent increase in his monthly payment will be :

(\frac{10.68}{9.99}) -1\times100

= (1.0690-1)\times100 = 6.90%

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Factor the expression given below. Write each factor as a polynomial in
bezimeni [28]

Answer:

3(343=72y)

Step-by-step explanation:

343x3=1029

1029+216y

both divisible by 3

3(343=72y)

6 0
3 years ago
151 241<br> 12 12<br> 102<br> 101<br> 35<br> Perimeter<br> ?<br> Simplify your answer completely
Nataliya [291]

9514 1404 393

Answer:

  119 4/7

Step-by-step explanation:

The perimeter is the sum of side lengths.

  10 1/7 + 12 2/7 + 15 3/14 + 24 1/14 + 12 2/7 + 10 1/7 + 35 3/7

  = (10 + 12 + 15 + 24 + 12 + 10 + 35) + (1 + 2 + 2 + 1 + 3)/7 + (3 + 1)/14

  = 118 + 9/7 + 4/14

  = 118 + 1 2/7 + 2/7

  = 119 4/7 . . . . perimeter of the figure

8 0
3 years ago
Find the sum of the first 6 terms of the sequence: –3, 1, 5, 9, . . .A) 45B) 42C) 48D) 25
Leni [432]

SOLUTION

From the sequence give

–3, 1, 5, 9, . . .

The first term, a = -3

The common difference, d = 4 (gotten by adding 4 to the next term).

The number of terms required n = 6.

Formula for sum of an arithmetic sequence is given by

S_n=\frac{n}{2}\lbrack2a+(n-1)d\rbrack

Substituting these values into the equation above we have

\begin{gathered} S_n=\frac{n}{2}\lbrack2a+(n-1)d\rbrack \\ S_6=\frac{6}{2}\lbrack2\times-3+(6-1)4\rbrack \\ S_6=3\lbrack-6+(5)4\rbrack \\ S_6=3\lbrack-6+20\rbrack \\ S_6=3\lbrack14\rbrack \\ S_6=42 \end{gathered}

Hence, the answer is 42, option B

3 0
11 months ago
What is the surface area of the triangular prism?<br><br><br> ​
Sergeu [11.5K]

Good morning ☕️

Answer:

<h2>168 ft²</h2>

Step-by-step explanation:

the surface area of the triangular prism =

2×(the base’s area) + the lateral area

the base’s area =

\frac{6*4}{2} =\frac{24}{2} =12

the lateral area =

9×(6 + 5 + 5) = 9×16 = 9×16 = 144

finally,

the surface area of the triangular prism = 24 + 144 = 168

___________________________________________

:)

7 0
2 years ago
Write the ratio of corresponding sides for the similar triangles and reduce the ratio to lowest terms.
Whitepunk [10]

The ratio of the sides of the given similar triangles is: C. 4/12 = 5/15 = 1/3.

<h3>How do the Sides of Similar Triangles Relate?</h3>

The corresponding sides of similar triangles have ratios that are equal to each other.

The corresponding sides and their ratios are:

4/12 = 1/3

5/15 = 1/3

Therefore, the ratio of their sides in its lowest term is:

C. 4/12 = 5/15 = 1/3

Learn more about the similar triangles on:

brainly.com/question/2644832

#SPJ1

4 0
1 year ago
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