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Norma-Jean [14]
3 years ago
12

Lucy is financing $370,000 to purchase a house. How much money will she save over the life of a 30-year, fixed-rate loan by buyi

ng 3 points with a rate of 6.175% instead of not buying points with a rate of 6.55%?
Mathematics
1 answer:
IRISSAK [1]3 years ago
4 0
Lucy would save $114.
Step 1: Multiply 6.175 x 30 = 185.25
Step 2: Divide 370,000/185.25 = 1,997
Step 3: Repeat Steps 1&2 but with (6.55 x 30) and divide 370,000/196.5 = 1,883.
Step 4: Subtract 1,997 - 1,883 = 114
Step 5: She will save $114 with points versus without.
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3 years ago
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2. Miss. Mead pays Miss. Brown $125.00 per week. How much money must Miss. Brown take in for
nadezda [96]

The question is incomplete:

1. A cosmetologist must double his/her salary before the employer con realize any profit from  his/her work,  Miss, Mead paid Miss, Adams $125,00 per week to start.

2. Miss. Mead pays Miss. Brown $125.00 per week. How much money must Miss. Brown take in for  services if Miss. Mead is to realize $50.00 profit on her work? (Conditions on salary are the same  as in problem 1)  

ODS

a. $275.00 b. $325.00 c. $250.00 d. $300.00

Answer:

d. $300.00

Step-by-step explanation:

Given that a cosmetologist must double her salary before the employer can realize any profit from  his/her work, for Miss. Mead to realize $50.00 profit on her work, you would have to determine the amount that doubles the salary of the cosmetologist and add the $50 needed as profit:

Salary= $125*2=$250

$250+$50= $300

According to this, the answer is that for Mead to realize $50.00 profit on her work, Miss. Brown must take $300.

4 0
3 years ago
Please show steps in how to solve the problem 2 1/6 - 1 5/6
IgorC [24]

Answer: 2/6 or 1/3

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Using those improper fractions, you subtract the numerators since the denominators are the same, so 13 - 11 is 2 for the numberator.

2/6 can be simplified into 1/3 by dividing the numerator and denominator by 2.

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anastassius [24]
<h2>Answer:</h2>

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<h2>Step-by-step explanation:</h2>

The standard deviation is related to the variance. The standard deviation measures the variation or dispersion of a set of data and is represented by the Greek letter sigma \sigma, while the variance measures how far a set of  numbers are spread out from their average value. The variance is obtained by squaring the standard deviation, so the variance can be found as \sigma^{2}

3 0
3 years ago
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IrinaVladis [17]
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72° in radians = 72/360 * 2π = 2/5π

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5* 2/5π simplifies to 2π
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