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
Lina20 [59]
3 years ago
15

Kylie can afford a $1310-per-month house loan payment. If she is being

Mathematics
1 answer:
Lesechka [4]3 years ago
8 0

Answer:

The amount which she borrow as house loan is $ 48514.56

Step-by-step explanation:

Given as :

The house loan per month afford by Kylie = $1310

The period of loan = 25 Years

The annual rate compounded monthly = 8.4%

Principal  = $ P

∵ The per month loan afford amount = $1310

So, The amount afford in 25 years = $1310 × 25 × 12

Or, The amount afford in 25 years = $393,000

<u>Now, from compounded method</u> :

Amount = Principal × (1+\frac{Rate}{12\times 100})^{12\times Time}

Or, $393,000 = $ P × (1+\frac{8.4}{12\times 100})^{12\times 25}

Or, $393,000 = $ P × (1.007)^{300}

Or, $393,000 = $ P × \frac{393,000}{8.10066}

∴   P = $ 48514.56

Hence The amount which she borrow as house loan is $ 48514.56  Answer

You might be interested in
450 high school freshmen were randomly selected for a national survey. Among survey participants, the mean grade-point average (
umka21 [38]

Answer:

The margin of error is of 0.01.

Step-by-step explanation:

We have that to find our \alpha level, that is the subtraction of 1 by the confidence interval divided by 2. So:

\alpha = \frac{1 - 0.7}{2} = 0.15

Now, we have to find z in the Z-table as such z has a p-value of 1 - \alpha.

That is z with a pvalue of 1 - 0.15 = 0.85, so Z = 1.037.

The margin of error is of:

M = z\frac{\sigma}{\sqrt{n}}

In which \sigma is the standard deviation of the population and n is the size of the sample.

Standard deviation was 0.21.

This means that \sigma = 0.21

Sample of 450:

This means that n = 450

What is the margin of error, assuming a 70% confidence level, to the nearest hundredth?

M = z\frac{\sigma}{\sqrt{n}}

M = 1.037\frac{0.21}{\sqrt{450}}

M = 0.01

The margin of error is of 0.01.

4 0
3 years ago
Which of the following are geometric sequences?
Nana76 [90]
B. 10, 5, 2.5, 1.25, 0.625, 0.3125
5 0
3 years ago
Traveling at 65 miles per hour how long will it take me to drive 310 miles
ycow [4]
Travel at the speeds of 65 miles per hour to drive the distance of 310 miles (if the speed in which the person in question is traveling at the same speed) =
310 divided  by 65 = \frac{310}{65}
= 4 and \frac{10}{13} hours 
since it is "traveled distance = speed multiplied by time it takes 

4 0
3 years ago
Is g(x) = 5 + 6/x a function or linear function?
LekaFEV [45]
I believe it's a linear function I could be totally wrong math isn't my strongest subject.
4 0
3 years ago
How many trucks carried only late variety?
murzikaleks [220]

9514 1404 393

Answer:

  • late only: 15
  • extra-late only: 24
  • one type: 43
  • total trucks: 105

Step-by-step explanation:

It works well when making a Venn diagram to start in the middle (6 carried all three), then work out.

For example, if 10 carried early and extra-late, then only 10-6 = 4 of those trucks carried just early and extra-late.

Similarly, if 30 carried early and late, and 4 more carried only early and extra-late, then 38-30-4 = 4 carried only early. In the attached, the "only" numbers for a single type are circled, to differentiate them from the "total" numbers for that type.

__

a) 15 trucks carried only late

b) 24 trucks carried only extra late

c) 4+15+24 = 43 trucks carried only one type

d) 38+67+56 -30-28-10 +6 +6 = 105 trucks in all went out

8 0
2 years ago
Other questions:
  • Choose the graph of the function given below.f(x) = 2x+1
    11·1 answer
  • What is 7x-2= <br><img src="https://tex.z-dn.net/?f=7x%20-%202%20%3D%2011x%20-%2034" id="TexFormula1" title="7x - 2 = 11x - 34"
    13·1 answer
  • On average, outdoor cats live 3.18 years and indoor cats live 16.7 years. How much longer does an average indoor cat live than a
    8·1 answer
  • What is the percent for $5 off $886.20?
    7·1 answer
  • Can I please get help with this question
    6·2 answers
  • Women make up 5% of all film directors. There are 1,300 film directors working. How many women are directing films?
    9·1 answer
  • A sequence can be generated by using an=3an−1, where a1=7 and n is a whole number greater than 1.
    8·1 answer
  • Pls help ASAP!!!! &lt;3
    5·1 answer
  • 1) (-8,-8), (8,4)<br> Find the slope of the line through each pair of points
    14·2 answers
  • 3 less than the product of 7 and a number?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!