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3 years ago

If you buy a home and make a relatively small down payment, what happens to the monthly payments and total payment for you loan?

Mathematics

1 answer:

marta [7]3 years ago

8 0

Answer:

Both monthly payment and total payment will increase.

Step-by-step explanation:

If I buy a home and make a relatively small down payment, then the due payment will be more.

If I pay for my home through a bank and I fix the number of installments to pay back the due amount after down payment (say, monthly installment for 5 years), then the amount of installment payment will definitely increase if my down payment is less.

Again, if the down payment is less, the remaining amount to pay back will rise and the bank calculates interest on the remaining amount to pay. Therefore, the amount of interest will rise in value and finally the total payment after interest for my loan will increase. (Answer)

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Find the sumofthe geometrical progression of five terms, of which the first term is 7 and the multiplier is 7.Verify that the su

777dan777 [17]

Answer:

The sum of first five term of GP is 19607.

Step-by-step explanation:

We are given the following in the question:

A geometric progression with 7 as the first term and 7 as the common ration.

$a, ar, ar^2,...\\a = 7\\r = 7$

$7, 7^2, 7^3, 7^4...$

Sum of n terms in a geometric progression:

$S_n = \displaystyle\frac{a(r^n - 1)}{(r-1)}$

For sum of five terms, we put n= 5, a = 7, r = 7

$S_5 = \displaystyle\frac{7(7^5 - 1)}{(7-1)}\\\\S_5 = 19607$

The sum of first five term of GP is 19607.

Verification:

$2801\times 7 = 19607$

Thus, the sum is equal to product of 2801 and 7.

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3 years ago

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lisov135 [29]

Answer:

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Step-by-step explanation:

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2 years ago

I can't figure out how to solve for x

Romashka [77]

The answer i got was x=2 :)

Step 1: Simplify both sides of the equation.
x−2 over 3−(x+3 over 5)=−1
Simplify: (Show steps)
2 over 15x+−19 over 15=−1
Step 2: Add 19/15 to both sides.
2 over 15x+−19 over 15+19 over 15=−1+19 over 15
2 over 15x=4 over 15
Step 3: Multiply both sides by 15/2.
(15 over 2)*(2 over 15x)=(15 over 2)*(4 over 15)

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