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Zarrin [17]
3 years ago
13

Randall and Augustine are financing $148,000 to purchase a condo. They obtained a 15 year fixed rate loan with a rate of 4.95%.

They have vern given the option of purchasing up to five points to lower their rate to 4.73%. How much will the five points cost them?
A - $7,000.40
B - $325.60
C - $1,480.00
D - $7,400.00
Mathematics
1 answer:
Drupady [299]3 years ago
4 0
325.60 B..........bbbbbbbbb
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Use the continuous compound interest formula to find the indicated value. A=90,000; P=65,452; r=9.1%; t=? t=years (Do not round
Inga [223]
Using continuous compounding, we have:
90000=65452 x e^.091t
1.3750534743017784024934303000672=e^.091t
ln 1.3750534743017784024934303000672=ln e^.091t=.091t ln e=0.091t
t=3.5 years


3 0
4 years ago
What is the answer to this problem step by step (3+2)^2×7)-13+5^2?
Ainat [17]

Answer:

187

General Formulas and Concepts:

<u>Pre-Algebra</u>

Order of Operations: BPEMDAS

  1. Brackets
  2. Parenthesis
  3. Exponents
  4. Multiplication
  5. Division
  6. Addition
  7. Subtraction
  • Left to Right

Step-by-step explanation:

<u>Step 1: Define</u>

(3 + 2)² × 7 - 13 + 5²

<u>Step 2: Evaluate</u>

  1. (Parenthesis) Add:                     5² × 7 - 13 + 5²
  2. Exponents:                                 25 × 7 - 13 + 25
  3. Multiply:                                      175 - 13 + 25
  4. Subtract:                                     162 + 25
  5. Add:                                            187
5 0
3 years ago
What is the algebraic expression for "a number q tripled"?
Nutka1998 [239]

tripled = 3 times q

A number q tripled

3\cdot q=3q

4 0
3 years ago
Subtract.
kobusy [5.1K]
Is it 729 lol why would you put it as mixed number
8 0
3 years ago
Read 2 more answers
What is the greatest common factor of 32a and 48b
SpyIntel [72]

32=16x2=2x2x2x2x2=2^5

48=24*2=6x4x2=2x3x2x2x2

Pick the highest number that occurs. In this case it is 2. Now we have to see how many times it appears in both. It appears 5 times in 32 and 4 times in 48. 4 is the highest number of times it appears in the numbers so:

2^4=2x2x2x2=16

The Greatest Common Factor (GCF) of 32 and 48 is 16.

5 0
2 years ago
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