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natima [27]
3 years ago
7

Can you help with Issue A?

Mathematics
1 answer:
defon3 years ago
7 0

Answer:

$16,532.98

Step-by-step explanation:

Her last deposit = 500, second last = 500 x 1.05, third last = 500 x 1.05^2................ first deposit = 500 x 1.05^19

=500 +500 x 1.05 + 500 x 1.05^2 + 500 x 1.05^19

= 500(1.05^20-1) divided by (1.05-1)

= 16532.98

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You are buying a house that cost 650,000 and you put down a down payment. you take out a loan for the remainder of the amount, o
gayaneshka [121]
<h3>Answers:</h3>

Monthly Payment = $4,702.68

Total Payments = $846,482.40

Interest = $261,482.40

Delete the dollar signs and/or commas if needed.

=====================================================

Explanation:

The down payment is 10% of the home's value

This means that the buyer pays $65,000 up front (since 0.10*650,000 = 65,000).

The remaining 650,000 - 65,000 = 585,000 dollars is loaned in the mortgage.

Or you could write it like this 95% of 650,000 = 0.95*650,000 = 585,000

-----------------

The monthly payment formula is

P = (L*i)/( 1-(1+i)^(-n) )

where,

  • P = monthly payment
  • L = amount loaned
  • i = interest rate per month in decimal form
  • n = number of months

In this case,

  • L = 585,000 dollars
  • i = 0.0525/12 = 0.004375 exactly
  • n = 15*12 = 180 months (equivalent to 15 years)

So,

P = (L*i)/( 1-(1+i)^(-n) )

P = (585000*0.004375)/( 1-(1+0.004375)^(-180) )

P = 4702.6846353538

P = 4702.68

The monthly payment is $4,702.68

-----------------

Let's now compute the total amount paid back (principal + interest)

If you pay 4,702.68 dollars per month over the course of 180 months, then you pay back a total of 4702.68*180 = 846,482.40

The total payments add up to 846,482.40 dollars.

-----------------

To compute the interest only, subtract the total payments from the amount loaned.

846,482.40 - 585,000 = 261,482.40 is the amount of interest only.

8 0
1 year ago
When you add 18 to 1/4 of a number. I dont need to solve it but i need to make it an equation. x equals a number. so would the a
erik [133]
Yes, that answer is right, good job.
5 0
3 years ago
Evaluate the expression 3•5^x when x is 2​
zmey [24]

Answer:

The answer to

         2

3 x 5       =   75

Step-by-step explanation:

you do Exponents first PEMDAS

5 to the second power

5 x 5 = 25

25 x 3 = 75

5 0
2 years ago
You buy hamburgers at a fast food restaurant. A hamburger costs $0.49. You must have at most $3 to spend. Write an inequality fo
KIM [24]

Answer:

x ≤  6.12

Step-by-step explanation:

If the cost of 1 hamburger in a restaurant is $0.49, the amount of hamburger $3 can buy is expressed as shown .

$0.49 = 1

$3 ≤ x (since you have maximum of $3 to spend. It cant be more than that)

cross multiply to find the expression for x.

$0.49 * x  ≤  $3 * 1

$0.49x  ≤  $3

Divide both sides by $0.49

$0.49x/$0.49  ≤  $3/$0.49

x ≤  $3/$0.49

x ≤  6.12

The number of hamburgers you can buy is represented by the inequality x ≤  6.12

4 0
2 years ago
Find the values of x and y.
vova2212 [387]

Look at the picture.

We have the equation (1) 12x + 4y = 40.

We know, the sum of the acute angles in a right triangle is 90°.

Therefore we have the equation (2) (12x + 4y) + (17x - y) = 90

Substitute (1) to (2):

40 + 17x - y = 90        <em>subtract 40 from both sides</em>

17x - y = 50   (3)

We have the system of equations:

\left\{\begin{array}{ccc}12x + 4y = 40&|:4\\17x-y=50\end{array}\right\\\underline{+\left\{\begin{array}{ccc}3x + y = 10\\17x-y=50\end{array}\right}\ \text{add both side of equations}\\.\qquad20x=60\qquad|:20\\.\qquad x=3

Substitute the value of x to (3)

17(3)-y=50\\51-y=50\qquad|-51\\-y=-1\to y=1

Answer: x = 3 and y = 1.

4 0
2 years ago
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