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rusak2 [61]
3 years ago
13

Jamie purchased a condo in Naples, Florida, for $699,000. She put 20% down and financed the rest at

Mathematics
1 answer:
ololo11 [35]3 years ago
6 0

By applying the formulas of present and future values of annuity we can solve this problem. In this mortgage problem, first we have to find loan amount after the down payment. It is 699,000 - 699,000 * 0.2 = 559,200$. We have to set it as PV (Present Value) of annuity. Using the PV formula PV = A \frac{[1- \frac{1}{(1+r)^{N}}]}{r}, we first find A, which is an annual payment. Exact calculation with mortgage calculator gives us A = 33,866.56$. After finding it, plugging this number into FV (Future Value) formula FV = A\frac{[(1+r)^{N}-1]}{r}, we find the value of the future value and it is 1,185,329.66$. And the total financial charge is 1,185,329.66 - 559,200 = 626,129.66$

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101,112,131,415,161, next number in sequence
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This actually a puzzle, not a math problem.

Write it out with no commas:
101112131415161
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so the next number would be 718
7 0
3 years ago
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Ellen and Michelle scored 48% of their teams points. If their team has a total of 50 points, how many points did they score ? ex
dexar [7]

Answer:

The answer is 24 points.


Step-by-step explanation:

A way to find out what the answer is is to use your calculator. Turn your percentage into a decimal.

So, let's put it this way.

50 x 0.48 = 24!




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3 years ago
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I will make u a brainliest plz help me
satela [25.4K]

Answer: B) Infinitely many solutions; both equations are equivalent

==============================================================

Work Shown:

x+y = 4 ... start with the first equation

x + (-x+4) = 4 ... replace y with (-x+4)

x-x+4 = 4

0x+4 = 4

0+4 = 4

4 = 4 ... this is a true statement regardless of what x you pick

So there are infinitely many solutions. Each solution (x,y) is of the form (x,-x+4). All solutions fall on the line y = -x+4 which is equivalent to x+y = 4. Note how we add x to both sides.

Or you could start with x+y = 4 and subtract x from both sides to get y = -x+4. Either way, we're dealing with the same equation which is why they both graph out the same line.

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Answer:

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3 years ago
A car rental agency charges 150 per week +0.45 per mile to rent car express the weekly cost to rent a car if as a function of th
Mashcka [7]

Answer:

The required function is:

C(x) = 150+0.45x

Step-by-step explanation:

We have to represent the given scenario as an equation or function

Let x be the number of miles driven in a week

Let C(x) be the function of the number of miles driven

As it is given that charges are 150 per week, these charges are constant so they will be used as it is.

It is also given that the cost of car is 0.45 per mile so for x miles the cost will be:

0.45x

Combining both terms, we get

C(x) = 150+0.45x

Hence,

The required function is:

C(x) = 150+0.45x

3 0
3 years ago
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