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Ulleksa [173]
3 years ago
13

Mr.Driscoll has 9 reports to grade.There are 6 pages for each report.He grades 12 pages.How many pages does he still have to gra

de?
Mathematics
1 answer:
Juli2301 [7.4K]3 years ago
8 0
42 pages left to grade and 7 reports left
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HELP URGENT PLEASE! The Lees have purchased a new home for $360,000, and put a down payment of $50,000 on it. They have a mortga
bonufazy [111]

Answer:

$191,340.80

Step-by-step explanation:

Step 1

We find the amount that is paid monthly by the Lee's

We are told in the question that:

Cost of the house =$360,000

Down payment = $50,000

We are also told, the balance left after the down payment was made = Mortgage that is amortized at an

Interest rate of 5.25%

Time = 20 years

Hence, Mortgage amount = $360,000 - $50,000 = $310,000

Formula for monthly payment =

M= P[r(1+r)^n/((1+r)^n)-1)]

M = the total monthly mortgage payment.

P = the principal loan amount.

r = your monthly interest rate.

= rate/12

=5.25%/12 = 0.0525/12

= 0.004375

n = number of payments

= number of years × number of months

= 20 × 12 = 240 payments

Formula for monthly payment =

M= P[r(1+r)^n/((1+r)^n)-1)]

M = 310,000[0.004375(1 + 0.004375)^240/((1 + 0.004375)^240 ) - 1]

M = $2,088.92

Therefore, the monthly payment by the Lee's is $2,088.92

Step 2

We calculate the Total Amount paid by the Lee's in 20years because we are told in the question that they paid off their mortgage after 20 years

Total Amount paid = Monthly payments × Number of payments

= $2,088.92 × 240

= $501,340.80

Step 3

The third and final step is to calculate the Total interest paid for 20 years

Total Interest = Total amount paid - Mortgage amount

= $501,340.80 - $310,000

Total Interest: $191,340.80

Therefore,the interest will they have paid in total is $191,340.80

6 0
3 years ago
I need help ASAP!!!!!!!!!!!!!
Ede4ka [16]
The first question is 50% because a total of 30 girls bought lunches out of 60 kids

the second question, the easiest way is to plug in the x and y coordinates
3(4) - 2(0) = 12
12-0=12
12=12
because 12 = 12 is true, the first pair is the answer
4 0
3 years ago
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Find x and y when bxby = b8 and b4xb-2y=b2​
Anika [276]

Answer:

x = 1/y

Step-by-step explanation:

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3 years ago
Which expression is represented by the model?
djverab [1.8K]

Answer:

the correct answer is d. -x + 3

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Find the surface area of the figure below:<br> ???
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85 ft^2

Step-by-step explanation:

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The bottom of the pyramid: 5×5=25

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