Answer:
Her new monthly payment is now $1,378.91¢
Step-by-step explanation:
For us to calculate the new monthly mortgage payment that Anna will start paying from now on, we need to input the formula for calculating monthly mortgage payments.
The formula is:-
![M = P [\frac{r(1+r)^{n} }{(1+r)^{n}-1}]](https://tex.z-dn.net/?f=M%20%3D%20P%20%5B%5Cfrac%7Br%281%2Br%29%5E%7Bn%7D%20%7D%7B%281%2Br%29%5E%7Bn%7D-1%7D%5D)
Where M is the monthly mortgage payment.
P is the principal
r is the monthly interest rate calculated by dividing your annual interest rate by 12
n is the number of payments(the number of months you will be paying the loan).
In this case, the new principal that Anna must pay back is $231,905.47¢. The annual interest rate has been reduced to 5.17% from 5.75% so the new monthly interest rate will be obtained by dividing the new annual interest rate by 12
= 5.17%/2
= 0.431%
This is the new monthly interest rate.
Since she has been paying her mortgage loan diligently for 5 complete years. It means she now has just 25 years to complete the payment. If 12 months make up one year, then there are - 12 × 25 = 300 more months to go.
300 is therefore "n" that is required for the calculation.
All the terms needed for the calculation of her new monthly mortgage is now complete.
P = $231,905.47¢
r = 0.431%
n = 300
![M = 231,905.47[\frac{0.00431(1+0.00431)^{300} }{(1+0.00431)^{300} -1}]](https://tex.z-dn.net/?f=M%20%3D%20231%2C905.47%5B%5Cfrac%7B0.00431%281%2B0.00431%29%5E%7B300%7D%20%7D%7B%281%2B0.00431%29%5E%7B300%7D%20-1%7D%5D)
![= 231,905.47[\frac{0.00431(3.634)}{2.634}]](https://tex.z-dn.net/?f=%3D%20231%2C905.47%5B%5Cfrac%7B0.00431%283.634%29%7D%7B2.634%7D%5D)
= 231,905.47 × 0.005946
M = $1,378.91¢
Therefore her new monthly mortgage payment will become $1,378.91¢
Respuesta:
0,9 veces
Explicación paso a paso:
Deje que la cantidad en la cuenta de Martha se denote como x, que es la cantidad en la cuenta = x
Porcentaje retirado para transporte = 10%
El porcentaje total siempre será del 100%
Por lo tanto, si se retira el 10%, entonces; el porcentaje restante es:
Porcentaje total: porcentaje gastado en transporte
(100% - 10%) * monto en cuenta
90% * x = 0,9 * x = 0,9x
Saldo de cuenta nueva = 0.9x
Answer:
(7.5 , 5.5)
Step-by-step explanation:
The midpoint is halfway between the two end points:
Its x value is halfway between the two x values
Its y value is halfway between the two y values
To calculate it:
Add both "x" coordinates, divide by 2
Add both "y" coordinates, divide by 2
Answer:
The speed and time are directly proportional in that the higher the speed the lesser the time and vice versa.
The constant is the total distance which is 180 km
Step-by-step explanation:
Step one:
given data
The distance between the two cities is 180km
1.The distance was covered by a car at the rate of 50km/h
The time taken will be
velocity= distance/time
time= distance/velocity
time= 180/50
time= 3.6 hours
2.The distance was covered by a bus 45km/h
The time taken will be
velocity= distance/time
time= distance/velocity
time= 180/45
time= 4 hours
3.The distance was covered by a bicycle at 25km/h
The time taken will be
velocity= distance/time
time= distance/velocity
time= 180/25
time= 7.2 hours
<span>base and color are in a ratio of 32:1, where color is "x"
924-x/x=32/1
924-x=32x</span><span>33x=924
x = 28 (gallons of color)</span>
