. Let me do my best.
<span>$187,500 is cost of house. </span>
<span>20%, or $37,500 is the down payment. </span>
<span>The loan amount would be $187,500 - $37,500 = $150,000. </span>
<span>If we assume the annual rate of the loan is 4.65% </span>
<span>Then the monthly rate would be 4.65%/12 = 0.3875% </span>
<span>If the loan is $150,000, the interest is 0.3875% </span>
<span>The interst for the first month is $150,000 * 0.3875% = $581.25. </span>
<span>You stated that their payment is $1,575. </span>
<span>So the amount that pays off the loan is $1,575 - $581.25 = $993.75. </span>
<span>At the end of the month, they owe $150,000 - $993.75 = $149,006.25 </span>
<span>For the second month, the amount of the payment that goes towards interst is </span>
<span>$149,006.25 * 0.3875% = $577.40. and the amount that goes towards the loan is $997.60. </span>
<span>At the end of the second month they owe $148,008.65. </span>
<span>Regarding realized income, we recommend a monthly loan payment not to exceed 28% of the monthly income. So if a payment of $1,575 is 28% of Gross, then the math is : $1,575 = 0.28*Gross. </span>
<span>Gross = $5,625 monthly. </span>
<span>About $67,500 annually. </span>
<span>About $33.75 an hour.</span>
The difference of their speeds is 1.3 mph because Andrew was walking 4.5 mph and Jill was walking 3.2mph.
Answer:
18 (full answer: 18.4210526316)
Step-by-step explanation:
<em>I LOST MY ANSWER RIGHT WHEN I WAS ABOUT TO FINISH DUE TO BRAINLY ROBOT DETECTION </em>
This question seems incomplete. I dont know the tax, and what he wants to do with the $350, so I'll just work without them.
I'm going to assume that he wants to buy extra tickets, popcorn, and soda with the extra money.
1. add $15, $2.25, and $1.75
2. 15.00+2.25+1.75= 19.00
3. divide 350 by 19
350/19= roughly 18.42
So, Xavier can buy 18 tickets with food and drinks.
