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4 years ago

Ginny has two vegetable gardens. In the first garden, Ginny grows tomatoes

Mathematics

1 answer:

zloy xaker [14]4 years ago

3 0

We are finding the least common multiple
the least common multiple of 2and3 is 6

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Consider a home mortgage of $225,000 at a fixed APR of 4.5 % for 30 years. a. Calculate the monthly payment. b. Determine the

White raven [17]

<u>The formula for the monthly payment</u>.....

$M= \frac{P(1+r)^nr}{[(1+r)^n] -1}$ , where P = the principal amount, r = the monthly interest rate and n = the total number of months.

Here annual interest rate is given as 4.5%

So, the monthly interest rate $=\frac{4.5\%}{12}= 0.375\% = 0.00375$

Total number of months $= (30*12)months=360 months$

Also given that, the principal amount is $225000

a. So, the monthly payment will be.....

$M= \frac{P(1+r)^nr}{[(1+r)^n] -1}\\ \\ M= \frac{225000(1+0.00375)^3^6^0*0.00375}{(1+0.00375)^3^6^0 -1}\\ \\ M= \frac{225000(1.00375)^3^6^0*0.00375}{(1.00375)^3^6^0 -1} \\ \\ M \approx 1140$

Thus, the monthly payment will be approximately $1140

b. The <u>total amount paid</u> over the term of the loan will be: $\$ 1140*360 months = \$ 410400$

c. As the principal amount was $225000 , so the amount of interest $= (\$ 410400- \$ 225000)= \$ 185400$

So, the percentage of amount that is paid toward the principal $=\frac{225000}{410400}*100\% =54.82\%$

and the percentage of amount that is paid toward the interest $=\frac{185400}{410400}*100\%=45.18\%$

4 0

3 years ago

Rafael has 118 baseball cards arranged in an album. Each page of the album can hold 9 cards. How many pages are full and how man

deff fn [24]

Answer:

Dear user,

Answer to your query is provided below

Pages full = 13

Card on last page = 1

Step-by-step explanation:

Rafael has 118 baseball cards.

Each album can hold 9.

So, using multiples of 9 or by dividing 118/9

That 1 is remainder.

So, cards on last page is 1

Verify ,

Pages full = (118-1)/9 = 13

4 0

3 years ago

Help with math question 24

kykrilka [37]

X and 75° are both on the same line, so that makes it same side interior anglies I believe. A straight line is 180° so you set up your equation. 180=x+75. Subtract 75 from both sides. x=105°

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3 years ago

A direct variation does not need to go through the origin of the coordinate plane. True False

xxTIMURxx [149]

The answer would be true

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4 years ago

9/20+3/20 in simplest form

neonofarm [45]

9/20 plus 3/20 equals to 12/20, which is equal to 6/10, which is equal to 3/5

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3 years ago

Read 2 more answers