PLEASE HELP ASAP!!!!!

Mathematics

1 answer:

grigory [225]3 years ago

4 0

The answer is 26/50.

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A $250,000 home loan is used to purchase a house. The loan is for 30 years and has a 5.4% APR. Use the amortization formula to d

wlad13 [49]

$\bf ~~~~~~~~~~~~ \textit{Amortized Loan Value}
\\\\
pymt=P\left[ \cfrac{\frac{r}{n}}{1-\left( 1+ \frac{r}{n}\right)^{-nt}} \right]
\\\\\\
~~~~~~
\begin{cases}
P=
\begin{array}{llll}
\textit{original amount deposited}\\
\end{array}\to &250000\\
pymt=\textit{periodic payments}\\
r=rate\to 5.4\%\to \frac{5.4}{100}\to &0.054\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{since the payments are}\\
\textit{monthly, then twelve}
\end{array}\to &12\\
t=years\to &30
\end{cases}
$

$\bf pymt=250000\left[ \cfrac{\frac{0.054}{12}}{1-\left( 1+ \frac{0.054}{12}\right)^{-12\cdot 30}} \right]
\\\\\\
pymt=250000\left[ \cfrac{0.0045}{1-\left( 1.0045\right)^{-360}} \right]
\\\\\\
pymt\approx 250000\left[ \cfrac{0.0045}{0.80138080852472389274} \right]$

8 0

3 years ago

Which expression can you use to find 16÷45?

Serga [27]

Answer:

☆<《HOPE IT WILL HELP YOU 》>☆

Step-by-step explanation:

Exprassion is 16/45--x=0

7 0

3 years ago

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Mateo has 60 wooden tiles in the shape of diamonds as shown below. He plans to glue these tiles side by side onto a tabletop. Wh

NemiM [27]

Answer:

the base is 6 inches, the height is 4.5 inches. Multiply that by usinhg the formula A = bh your answer will be 27 then multiply that by 60 and your answer is 1,620.

Step-by-step explanation:

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see attached picture for answers.