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Fed [463]
3 years ago
14

What number is 562 less than 10,000?

Mathematics
2 answers:
MAXImum [283]3 years ago
8 0
10,000 - 562 = 9,438 Answer :)
KonstantinChe [14]3 years ago
4 0
10.000-562=\boxed{9.438} -the \ aswer
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Lenny and Lisa have obtained a 30-year, fixed rate mortgage for $675,250 with a 7.25% interest rate. They purchased 3 points and
Vikentia [17]

Answer:

119 months

Step-by-step explanation:

In this question, we are asked to calculate the amount of time it would take for a break-even point on a mortgage, if there is a factoring in the cost of points.

We proceed to answer the;

Mathematically,

The Break Even Point = Amount Paid for purchasing Discount Points divided by Monthly savings in the interest payments

We lost out the important values given in the question as follows:

Amount of Mortgage - $675,250

Tenure - 30 Years

The Rate of interest without points = 7.25%

The number of points = 3 points

The rate of interest with the 3 points = 6.875%

The amount to be paid for purchasing the discount point is now calculated below;

Since 1 discount point = 1% of mortgage value;

Therefore, 3 discount points = 3% of mortgage value

The amount paid is thus = 3% of $675,250 = $20,257.5

To calculate Monthly payment without points, we use the mathematical formula;

M = P[r(1+r)^n/((1+r)^n)-1)]

Where M

Is monthly payment, r is the interest rate, n is the number of months.

According to the question M = 675,250, r = 7.25% = 7.25/100 = 0.0725 , n= 30 * 12 months = 360 months

M = 675,250[0.0725(0.0725+1)^30/(1+0.0725)^360)-1) = $4606.40

To get the monthly payment with points, we simply use the formula again but this time interest rates will be 6.875% = 0.06875 I.e r = 0.06875

Inputting the terms in the formula will yield a value of $4435.91. This means monthly payment with discount will be $4435.91

Savings in monthly payments after purchasing the discount points = $4,606.40 - $4,435.91 = $170.48

Break Even = Purchase cost of Discount Points / Monthly savings

= $20,257.5 / $170.48

= 119 Months

Hence, the number of months it will take Lisa and Lenny to break-even point on their mortgage will be 119 months

6 0
3 years ago
Please help! picture attached :)
Radda [10]

Answer:

y=-3x+4

Step-by-step explanation:

im assuming that you need the equation of the table

to find slope, y2-y1/x2-x1    10-4/-2-0

6/-2=-3   slope=-3  

y=mx+b   just sub in the numbers from a point in the table

10=-3(-2)+b

10=6+b

b=4

y=-3x+b

4 0
2 years ago
Does anyone watch demon slayer
stepan [7]

Answer:

Me!!

Step-by-step explanation:

;D

8 0
3 years ago
Read 2 more answers
What is the quotient of 59,584 ÷ 14?
zloy xaker [14]

Answer:

B

Step-by-step explanation:

We can divide using the calculator by entering in 59, 584 first followed by 14 before the division sign.

We can also perform long division:

       __<u>4256_</u>____

 14  |   59, 584

        <u>  -56__</u>__

              35

           <u>   -28____</u>

               78

             <u> -70_</u>___

                 84

             <u>   -84_</u>___

                   0

3 0
3 years ago
??????????????.??????
DIA [1.3K]
So in a cube, the width, length, and height are the same. Therefore, you have to find the cube root of 15.625 which is 2.5 and so the side length is 2.5
6 0
3 years ago
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