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jok3333 [9.3K]
3 years ago
10

Misty is buying a house for $385,000. She is financing $345,500 and obtained a 15-year, fixed-rate mortgage with a 4.875% intere

st rate. How much are her monthly payments?
$3,019.55

$2,709.75

$36,779.05

$33,005.61


And please explain why!
Mathematics
1 answer:
erastovalidia [21]3 years ago
6 0

345500=pmt[(1-(1+0.04875/12)^(-12×15))/(0.04875/12)]

Solve for pmt

Pmt=2709.75

So the answer is B

You might be interested in
A triangle has an area of 12 square millimeters. What could be the measures of the base and height of the triangle in millimeter
Harman [31]

Answer:

Step-by-step explanation:

area = ½bh = 12 mm²

bh = 24 mm²

(b,h) = (3,8) and (6,4)

7 0
3 years ago
A swim team is divided into age groups: Guppies, stingrays, and sharks. There are 20 swimmers in the Stingray group. If we rando
ivanzaharov [21]

If you choose 10 swimmers and 4 are Stingrays, you can say that Stingrays make up roughly 40% of the swimmers. If 20 Stingrays make up 40% of all the swimmers, we just have to find what number 20 is 40% of. That’s easy enough by cross multiplication:

20/x = 40/100

20/x = 4/10

20/x = 2/5

x = 50.

Double check by multiplying 50 * 0.4. Since 50 * 0.4 = 20, we know we have the right answer. There are about 50 swimmers on this team.

5 0
3 years ago
I will give BRAINLIEST to the correct answer
erica [24]

Answer:

<PCH+<HCK=180-DEGREE BEING IN A STRAIGHT LINE.

3M+58+8M+155=180

11M=180-213

11M=-33

M=-3

SO,

<PCH

3M+58

=3*(-3)+58

=58-9

=49-DEGREE

7 0
3 years ago
A random sample of 850 births included 434 boys. Use a 0.10 significance level to test the claim that 51.5​% of newborn babies a
Molodets [167]

Answer:

A

Null hypothesis: H0: p = 0.515

Alternative hypothesis: Ha ≠ 0.515

z = -0.257

P value = P(Z<-0.257) = 0.797

Decision; we fail to reject the null hypothesis. That is, the results support the belief that 51.5​% of newborn babies are​ boys

Rule

If;

P-value > significance level --- accept Null hypothesis

P-value < significance level --- reject Null hypothesis

Z score > Z(at 90% confidence interval) ---- reject Null hypothesis

Z score < Z(at 90% confidence interval) ------ accept Null hypothesis

Step-by-step explanation:

The null hypothesis (H0) tries to show that no significant variation exists between variables or that a single variable is no different than its mean. While an alternative Hypothesis (Ha) attempt to prove that a new theory is true rather than the old one. That a variable is significantly different from the mean.

For the case above;

Null hypothesis: H0: p = 0.515

Alternative hypothesis: Ha ≠ 0.515

Given;

n=850 represent the random sample taken

Test statistic z score can be calculated with the formula below;

z = (p^−po)/√{po(1−po)/n}

Where,

z= Test statistics

n = Sample size = 850

po = Null hypothesized value = 0.515

p^ = Observed proportion = 434/850 = 0.5106

Substituting the values we have

z = (0.5106-0.515)/√(0.515(1-0.515)/850)

z = −0.256677

z = −0.257

To determine the p value (test statistic) at 0.10 significance level, using a two tailed hypothesis.

P value = P(Z<-0.257) = 0.797

Since z at 0.10 significance level is between -1.645 and +1.645 and the z score for the test (z = -0.257) which falls with the region bounded by Z at 0.10 significance level. And also the one-tailed hypothesis P-value is 0.797 which is greater than 0.10. Then we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can say that at 10% significance level the null hypothesis is valid.

5 0
3 years ago
Pls help me with this question it wold be great help its circumference
Ivan

Answer:

C = 9.42\ m

Step-by-step explanation:

The formula for the circumference of a circle with the diameter is:

C = \pi d

Since the diameter is 3m, solve for C:

C = \pi d\\C = \pi3\\C = (3.14) \times 3\\C = 9.42

6 0
2 years ago
Read 2 more answers
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