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riadik2000 [5.3K]
3 years ago
5

The steps in the heating of water in a pot kept on a stove are listed below:

Mathematics
2 answers:
Schach [20]3 years ago
5 0

Answer:

Step one, step two

Step-by-step explanation:

butalik [34]3 years ago
4 0

Answer

Step 1 and step 2

Step by step explanation

Heat can be transferred from one place to another place.

When pot kept on a stove, the heat from flame travels to the base of the pot, then heat travels from the base to the water.

Step 1: Heat from the flame travels to the base of the pot.

Step 2: Heat from the base of the pot travels to the water near its base.

Answer: C) Step 1 and Step 2

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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
Mrs. Gordon bought 10 kg of apples for $16.50. What is the price per pound of apples?
natulia [17]

Answer:

1.65 per kg

Step-by-step explanation:

4 0
3 years ago
CAN I PLEASE GET HELP ON THIS ASAP!!
mart [117]
The answer is 21

252 / 12 = 21

I hope this helped :)
7 0
3 years ago
Quadrilateral ABCD is inscribed in this circle.
lawyer [7]
180 °- 121°

= 59°

the answer is 59°
5 0
3 years ago
Read 2 more answers
Raymond can paint 5/8 of a wall in 16 minutes. How long would it take to for him to paint 1/3 of a wall
Juliette [100K]

Answer: 128/15 min or 8.5 min

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is

correct

my

g

5 0
3 years ago
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