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3 years ago

If you do 3.2x6.892 I don’t get the answer

Mathematics

1 answer:

Paul [167]3 years ago

4 0

Answer:

Step-by-step explanation:

3.2 × 6.892 = 22.0544

I'm always happy to help :)

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Enos took out a 25-year loan for $135,000 at an APR of 6.0%, compounded monthly, and he is making monthly payments of $869.81. W

Alborosie

Present value = 135000
Monthly interest, i = 0.06/12 = 0.005
Monthly payment, A= 869.81

Future value of loan after 16 years
$F=P(1+i)^n$ [compound interest formula]
$=135000(1+.005)^{16*12}$
$=351736.652$

Future value of payments after 16 years
$\frac{A((1+i)^n-1)}{i}$
$=\frac{869.81((1+0.005)^{16*12}-1)}{0.005}$
$=279287.456$

Balance = future value of loan - future value of payments
=351736.652-279288.456
= $ 72448.20

Note: the exact monthly payment for a 25-year mortgage is
$A=\frac{P(i*(1+i)^n)}{(1+i)^n-1}$
$=\frac{135000(0.005*(1+0.005)^{25*12}}{(1+0.005)^{25*12}-1}$
$=869.806892$

Repeating the previous calculation with this "exact" monthly payment gives
Balance = 72448.197, very close to one of the choices.

So we conclude that the exact value obtained above differs from the answer choices is due to the precision (or lack of it) of the provided data.

The closest choice is therefore <span>$72,449.19</span>

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2 years ago

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damaskus [11]

The piecewise function all the way to the left (x + 3) should have an ending point shaded in. [At x = -2] The next function ((x^2) -1) should have both ending points left unshaded. Finally, the logarithm function should have a shaded in starting point [At x = 1] and should have an unshaded ending point at x = 3.

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3 years ago

Which expression is equivalent to 6 Superscript 4 times 6 cubed?

algol [13]

Answer:

(6x6x6x6)x(6x6)

Step-by-step explanation:

6 to the power of 4 times 6 to the power of 2

If a number a is to the power of b, that means a multiplied by itself, b times

eg 4 to the power of 3 means 4x4x4

hence, 6 to the power of 4 (or superscript four) means 6 itself, 4 times

so, 6x6x6x6 multiplied by 6x6

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Misha Larkins [42]

The correct anwser is D

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