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padilas [110]
4 years ago
9

What is the period interest rate on mortgage with a 4.8% APR Compounded semiannual?

Mathematics
1 answer:
skad [1K]4 years ago
8 0

Answer:

2.4%

Step-by-step explanation:

If the APR is x% and it is compounded for n times in a year, then the period interest rate is \frac{x}{n}%.

Now, given that the interest rate on a mortgage is 4.8% APR compounded semiannually.

So, here x = 4.8% and n = 2 and hence, the period interest rate on the mortgage is \frac{4.8}{2} = 2.4%. (Answer)

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A square can be both a rectangle and a rhombus
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HELP ASAP I HAVE TO GET IT DONE<br><br><br> Solve for x in the diagram below
MA_775_DIABLO [31]

Answer:

x = 35

General Formulas and Concepts:

<u>Pre-Algebra</u>

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Step-by-step explanation:

<u>Step 1: Set up equation</u>

40° + (2x + 30)° + 40° = 180°

<u>Step 2: Solve for </u><em><u>x</u></em>

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3 years ago
If point A is located at (5,-7) and there are 8 points between A and B, what could be the possible coordinates for point B?
aleksandr82 [10.1K]

Answer: The possible cordinates (X,Y) of B can be found with the formula Y = √(8^2 - (X- 5)^2) - 7 where  -3 ≤ X ≤ 13

Step-by-step explanation:

The point A is located at (5, -7)

And we know that we have 8 units of difference between A and B.

The equation of a circle centerd in the point (x0, y0) is:

(x - x0)^2 + (y - y0)^2 = r2

where r is the radius of the circle

So we can draw a circle of 8 units around A, and get:

(X - 5)^2 + (Y - (-7))^2 = 8^2

So from this equation we can find all the possible values of B, for this we can isolate one of the variables in one side and get a function.

Y = √(8^2 - (X- 5)^2) - 7

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8^2 ≥ (X - 5)^2

So X can go from -3 (because (-3 - 5)^2 = 8^2)

to X = 13 (because (13 - 5)^2 = 8^2)

So X is in the range {-3, 13}

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