1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natasha2012 [34]
3 years ago
15

2. Kerry has a $1,973-per-month mortgage payment. He decides to refinance his $204,000 balance at 5% over 20 years. What's his n

ew monthly payment?
Mathematics
1 answer:
klemol [59]3 years ago
5 0

The formula for the amount of a monthly payment A on principal amount P at interest rate i loaned for t years is given by

... A = P(i/12)/(1 -(1 +i/12)^(-12t))

Filling in the given values, this is

... A = $204000(.05/12)/(1 -(1 +.05/12)^(-12·20)) ≈ $1346.31

You might be interested in
Question 15 of 20
grandymaker [24]

Answer: 3 inches

Step-by-step explanation:

4 0
2 years ago
On a coordinate plane, rhombus W X Y Z is shown. Point W is at (7, 2), point X is at (5, negative 1), point Y is at (3, 2), and
Otrada [13]

Answer:

P = 4\sqrt{13}

Step-by-step explanation:

Given

W = (7, 2)

X = (5, -1)

Y = (3, 2)

Z =(5, 5)

Required

The perimeter

To do this, we first calculate the side lengths using distance formula

d = \sqrt{(x_2 - x_1)^2 + (y_2 - y_1)^2

So, we have:

WX = \sqrt{(5- 7)^2 + (-1 - 2)^2

WX = \sqrt{13}

XY = \sqrt{(3-5)^2 + (2--1)^2}

XY = \sqrt{13}

YZ = \sqrt{(5-3)^2 + (5-2)^2}

YZ = \sqrt{13}

ZW = \sqrt{(7 - 5)^2 + (2 - 5)^2}

ZW = \sqrt{13}

The perimeter is:

P = WX + XY + YZ + ZW

P = \sqrt{13}+\sqrt{13}+\sqrt{13}+\sqrt{13}

P = 4\sqrt{13}

5 0
3 years ago
Read 2 more answers
What is 0.5 repeating as a fraction in simplest form
Solnce55 [7]

Answer:

5/9

Step-by-step explanation:

Start be letting x = 0.555...

Our original equation is:

x = 0.555...

There is only one digit repeating, the 5, so we multiply both sides of that equation by 10 and write it above the original equation.

10x = 5.555...

   x = 0.555...

Now we subtract the second equation from the first equation as written above.

9x = 5

Divide both sides by 9.

x = 5/9

0.555... = 5/9

6 0
3 years ago
In a sample of 42 water specimens taken from a construction site, 26 contained detectable levels of lead. Construct 90% confiden
hram777 [196]

Answer:

(0.4958, 0.7422)

Step-by-step explanation:

Let p be the true proportion of water specimens that contain detectable levels of lead. The point estimate for p is \hat{p}=26/42=0.6190. The estimated standard deviation is given by \sqrt{\hat{p}(1-\hat{p})/n}=\sqrt{(0.6190)(1-0.6190)/42}=0.0749. Because we have a large sample, the 90% confidence interval for p is given by 0.6190\pm z_{0.05}0.0749 where z_{0.05}=1.6448 is the value that satisfies that above this and under the standard normal density there is an area of 0.05. So, the confidence interval is 0.6190\pm (1.6448)(0.0749), i.e., (0.4958, 0.7422).

5 0
3 years ago
A contractor bought 7.6 ft2 of sheet metal. She has used 3.5 ft2 so far and has ​$123 worth of sheet metal remaining. The equati
Sergio039 [100]

Answer:

Sheet metal remaining = 4.1x

cost per square​ foot of sheet metal = $30

Step-by-step explanation:

Total sheet metal bought = 7.6 ft2

Total sheet metal used = 3.5 ft2

Given equation:

7.6x − 3.5x = 123

Where,

x = cost per square​ foot

7.6x − 3.5x

Sheet metal remaining = 4.1x

7.6x − 3.5x = 123

4.1x = 123

x = 123 / 4.1

x = $30

Cost per square​ foot = $30

5 0
3 years ago
Other questions:
  • What is Discount Comics is running a special: 20 comics for $5.00. Seth purchases 30 comics for $7.50. What is the sale price pe
    10·2 answers
  • What does 2 times the quantity x plus 6 look like in an equation
    10·2 answers
  • 13, 967 round to the nearest 100​
    13·1 answer
  • –12(x + 3) - 4(5 - 2x) = 20
    9·2 answers
  • A bacteria culture contains 1500 bacteria initially and doubles every hour. (a) Find a function N that models the number of bact
    12·1 answer
  • In a board game, you must roll two 6-sided number cubes. You can only start the game if you roll a 3 on at least one of the numb
    7·1 answer
  • What is the third term in this sequence?
    10·1 answer
  • Plz answer help me :(
    7·1 answer
  • If U = 3 inches, V = 5 inches, W = 7 inches, X = 7 inches, Y = 8 inches, and Z = 4 inches, what is the area of the object?
    11·2 answers
  • What is the value of x?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!