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bonufazy [111]
4 years ago
12

Cannon took out a mortgage for $85,290 on his new house. If the interest rate is 8.5 percent and the loan is for 25 years, how m

uch will he pay monthly if he must pay $8.05 per $1000?
What steps should I take here to get my answer?
Mathematics
2 answers:
Lelu [443]4 years ago
7 0
85 290 dollars is his loan which is for 25 years with 8.5 percent fixed rate.
=> 85 290 * 0.85 = 7249.65 dollars for the interest
=> <span> 85 290 + 7249.65 = 92 539.65 dollars
=> </span>92539.65 / 25 years = 3701.59 dollars yearly
=> 3701.586 / 12 = 308.47 dollars monthly.
tankabanditka [31]4 years ago
6 0

Hey Europa, before you delete my answer from this question, why don't you delete the wrong answer first? You're a useless moderator...

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Answer:

Infinite Solutions

Step-by-step explanation:

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3 years ago
Help please!<br> f(x) = x^2 – 10x + 24
Natali [406]

I assume you want it graphed, so I added a picture below.

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3 years ago
Jensen has an above ground pool in the shape of a regular octagon. Opposite sides are 25 feet apart and each side is 10.4 feet l
Studentka2010 [4]

Answer:

<u>Given</u>: base = 10.4ft, height = 12.5

Area of octagon = 8(1/2 × b × h)

  • 8(1/2 × 10.4 × 12.5)
  • 520ft²

Volume of pool = 520ft² × 3ft

  • 1560ft³

Now, 1 cubic ft takes 7.5 gallons to fill.

Therefore, 1560 cubic ft takes,

  • 1560 × 7.5
  • 11700

So, <u>Correct choice</u> - [D] 11,700.

5 0
3 years ago
WILL GIVE BRAINLIEST PLEASE HELP A snake dives towards deeper water at a rate of 14 inches per second. If the snake continues at
Zinaida [17]

Answer:

A

Step-by-step explanation:

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4 0
3 years ago
Researchers have noted a decline in cognitive functioning as people age (Bartus, 1990). However, the results from other research
kolbaska11 [484]

Complete Question

The complete question is shown on the first uploaded image

Answer:

a

Yes the researcher can  conclude that the supplement has a significant effect on cognitive skill

b

d =  0.5778

c

The result of this hypothesis test shows that there is sufficient evidence to  that the supplement had significant effect.The measure of effect size is  large due to the large value of Cohen's d (0.5778 > 0.30 )

Step-by-step explanation:

From the question we are told that

  The sample size is  n=16

    The sample mean is  M  =  50.2

    The standard deviation is \sigma  = 9

    The  population mean is  \mu =  45

     The level of significance is  \alpha =  0.05

The null hypothesis is H_o  \mu =45

The alternative hypothesis is H_a  \mu \ne 45

Generally the test statistics is mathematically represented as

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

=>       z =  \frac{50.2 - 45}{\frac{9}{\sqrt{16} } }

=>       z =  2.31

Generally the p-value is mathematically represented as

     p-value  =  2 *  P(Z >  z )

      p-value  =  2 *  P(Z >  2.31 )

From the z-table  

      P(Z >  2.31 ) = 0.010444

=>     p-value  =  2 *  0.010444

=>     p-value  =  0.021

From the obtained values we see that p-value <  0.05

 Decision Rule

 Reject the null hypothesis

Conclusion

There is sufficient evidence to conclude that the supplement has a significant effect on the cognitive skill of elderly adults

Generally the Cohen's d for this study is mathematically represented as

    d =  \frac{M  -  \mu}{\sigma }

=>  d =  \frac{50.2 -45}{9 }

=>  d =  0.5778

3 0
4 years ago
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