Answer:
$711.23
Step-by-step explanation:
We assume the entire closing cost went to reducing the principal of the loan. Then the amount borrowed was $147,192.
<h3>Monthly payment</h3>
The amortization formula tells you the monthly payment.
A = P(r/12)/(1 -(1 +r/12)^(-12t))
P is the principal, r is the annual rate, and t is the number of years.
The monthly payment is ...
A = $147,192(0.041/12)/(1 -(1 +0.041/12)^-360) ≈ $711.23
Jeff's monthly payment is $711.23.
Answer:
100
Step-by-step explanation:
Mixed candy question... Skittles jar... to be filled with Jelly beans.
Let's first calculate the volume of the jar. We'll assume it's a regular cylindrical prism jar, unlike the one on the photo which is narrower on top.
V = π * r² * h = π * (3.5)² * 11.5 = 140.875 π = 442.6 cubic cm
Now, we don't have the precise measurement of a jelly bean, but we know it's roughly 2-3 cubic cm. The precision isn't needed to answer this question, just to have a rough idea... it's no 300 cu cm per jelly bean.
So, let's assume a 3 cu cm per jelly bean (2 cu cm wouldn't the final answer)....
442.6 / 3 = 147.5 jelly beans, approximately.
So, can they fit 100,000? No
Can we fit 10,000 in there? No
Can we fit 100? Yes.
Can we fit 1? Certainly
The most reasonable lower-limit would then be 100.
Answer:
$1.33
Step-by-step explanation:
15.96 divided by 12 = $1.33
P(red) 4/9 on the first pull, P(red) 3/8 on the second pull
(4/9)(3/8) = 12/72 = 1/6 Letter D
Answer: Marc still owes $175
Step-by-step explanation:
Let x represent the cost of the rug.
Marc ordered a rug and gave a deposit of 30% of the cost and will pay the rest when the rug is delivered. This means that the amount of money that he deposited
for the rug is
30/100 × x = 0.3 × x = 0.3x
If the deposit was $75, it means that
0.3x = 75
x = 75/0.3 = 250
The cost of the rug is $250
The amount that Marc still owes would be
250 - 75 = $175
