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kykrilka [37]
3 years ago
6

Derrick has obtained a $139,000 5/1 30 year ARM at 5%. during the first 3 years, he has an option of paying interest only, if he

were to accept this offer, what would his initial payment be
Mathematics
2 answers:
wel3 years ago
5 0

Answer:

$579.17

Step-by-step explanation:

just took the quiz

Wewaii [24]3 years ago
3 0

Answer:

$20,850.00)

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 5%/100 = 0.05 per year.

Solving our equation:

A = 139000(1 + (0.05 × 3)) = 159850

A = $159,850.00

The total amount accrued, principal plus interest, from simple interest on a principal of $139,000.00 at a rate of 5% per year for 3 years is $159,850.00.

You might be interested in
Describe in words a situation that can be represented by 7÷2​
Gelneren [198K]

Answer:

Example: There are 7 packs of candy, but only two people can share it equally.

Step-by-step explanation:

7/2= 3.5. If each person gets 3.5 bags, they both have an equal amount.

6 0
3 years ago
Write an equation for the vertical line that contains point E(-12, 7). Is anybody able to help?
BigorU [14]

Answer:

x = -12

Step-by-step explanation:

Vertical lines take the form of x = something and horizontal lines take the form of y = something

Why is this? Notice that whenever you make a horizontal line on a graph and select virtually any point that's on that line, all of the points you pick will have the same y value. Try to imagine the same thing with a vertical line, are the results the same?

So the line x = -12 (we got -12 from the coordinate that was given to us on the question prompt) is a vertical line that passes through virtually all possible y values (from positive infinity to negative infinity, or vice-versa) which means that the question prompt having given us the y value was negligible.

Good luck!

5 0
3 years ago
PLEASEEEE HELPPPP<br><br><br><br><br><br> -1+(-5) =<br><br><br><br><br><br>​
valentina_108 [34]

Answer:

-6

Step-by-step explanation:

-1+(-5)

You are moving down the numberline, then subtracting again because of the negative sign. -(1+5) is how I like to think of it.

So, 1+5=6, and you add the negative sign. -1+(-5)=-6.

6 0
3 years ago
i am doing bad in school i dont understand it i am feeling depressed wish someone would just do my work for me sigh
olga2289 [7]

Answer:

help you

Step-by-step explanation:

I will help you on somethings

6 0
3 years ago
Read 2 more answers
Solve:<br><br> r<br> 5<br> - 6 = -1
Leona [35]
That's right, 5- 6= -1
3 0
3 years ago
Read 2 more answers
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