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Rainbow [258]
3 years ago
7

You have purchased a new warehouse. To finance the purchase, you’ve arranged for a 25-year mortgage for 75 percent of the $4,200

,000 purchase price. The monthly payment on this loan will be $18,300.
What is the APR on this loan? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Mathematics
1 answer:
Cerrena [4.2K]3 years ago
7 0

\begin{aligned}Payment=183000\\ \cos t=4200000\cdot 0,75\% =3150000=c\\ Payment=C\dfrac {\left( 1+i\right) ^{n}\cdot i}{\left( 1+i\right) ^{n}-1}\\ n=25years\times \dfrac {12manths}{1year}=300months\\ 18300=3150000\cdot \dfrac {\left( 1+i\right) ^{300}\cdot i}{\left( 1+i\right) ^{300}\cdot i}\\ i=0,0041\\ i is the monhly interest_{i}\\ i\times 12months=APR\\ APR=0,0123=1,23%\end{aligned}

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What is the common factor for 9 and 7?
svetoff [14.1K]

Answer:

your answer is 1!

The gcf of 7 and 9 is the largest positive integer that divides the numbers 7 and 9 without a remainder. Spelled out, it is the greatest common factor of 7 and 9. Here you can find the gcf of 7 and 9, along with a total of three methods for computing it. In addition, we have a calculator you should check out. Not only can it determine the gcf of 7 and 9, but also that of three or more integers including seven and nine for example. Keep reading to learn everything about the gcf (7,9) and the terms related to it.

What is the GCF of 7 and 9

If you just want to know what is the greatest common factor of 7 and 9, it is 1. Usually, this is written as

gcf(7,9) = 1

The factors of 9 are 9, 3, 1.

The factors of 7 are 7, 1.

The common factors of 9 and 7 are 1, intersecting the two sets above.

In the intersection factors of 9 ∩ factors of 7 the greatest element is 1.

Therefore, the greatest common factor of 9 and 7 is 1.

8 0
3 years ago
John withdraws $40.00 from her savings account each month. What integer represents the net effect on her balance after 5 months?
lina2011 [118]

Answer:

The net effect of amount in John account after 5 months is  $A - $200

Step-by-step explanation:

Given as :

The amount of money withdraws by John each month from his account = $40

Let The total amount of  money did John had in his account = $A

Let the amount left in John account after 5 months of withdraw = $x

<u>So, According to question</u>

∵ Each month the money withdraw from account = $40

∴ In 5 months , the money withdraw = $40 × 5

I.e In 5 months , the money withdraw = $200

So, The left money in account after withdraw in 5 months = $A - The amount withdraw in 5 months

I.e x = $A - $200

So, The balance in account after 5 months = x =  $A - $200

Hence, The net effect of amount in John account after 5 months is             $A - $200  Answer

6 0
3 years ago
Jimmy runs 2 miles monday 1.2 miles tuesday and 4.75 miles on friday.what is the total number of miles jimmy ran for three days?
ad-work [718]
Sent a picture of the solution to the problem (s).

6 0
3 years ago
Mrs . Porcelli’s classroom bulletin board is 2/1/4 feet long. Ms .Smith bulletin board is 3 times as long Mrs . Porcelli’s.How l
snow_lady [41]

Answer:

6\frac{3}{4}\ ft

Step-by-step explanation:

we know that

To find out how long is Ms.Smith’s bulletin board, multiply Mrs . Porcelli’s bulletin board by 3

so

2\frac{1}{4}(3)

but first convert mixed number to an improper fraction

so

2\frac{1}{4}\ ft=2+\frac{1}{4}=\frac{9}{4}\ ft

substitute

\frac{9}{4}(3)=\frac{27}{4}\ ft

convert to mixed number

\frac{27}{4}\ ft=\frac{24}{4}+\frac{3}{4}=6\frac{3}{4}\ ft

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3 years ago
I NEED THIS BADLY <br> WILL MARK BRAINLYIST
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What’s the question?
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