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disa [49]
3 years ago
10

You borrow 125,000 for 25 years at an APR of 6.5%. What will be your monthly payment?

Mathematics
1 answer:
Morgarella [4.7K]3 years ago
8 0
\bf \qquad \qquad \textit{Amortized Loan Value}
\\\\
pymt=P\left[ \cfrac{\frac{r}{n}}{1-\left( 1+ \frac{r}{n}\right)^{-nt}} \right]
\\\\\\\\
\qquad 
\begin{cases}
P=
\begin{array}{llll}
\textit{original amount}\\
\end{array}\to &
\begin{array}{llll}
125000
\end{array}\\
pymt=\textit{periodic payments}\\
r=rate\to 6.5\%\to \frac{6.5}{100}\to &0.065\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{APR, meaning once}
\end{array}\to &1\\

t=years\to &25
\end{cases}
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(1) 256 inches

(2) 5 feet

(3) 400 inches

(4) 10 feet

Step-by-step explanation:

(1) The function that gives the height in inches of the spray of water at a distance <em>x</em> from the sprinkler head is given as follows;

h(x) = 160·x - 16·x²

At x = 2 feet, we have;

h(2) = 160 × 2 - 16 × 2² = 256

Therefore, the height of the spray water at a horizontal distance of 2 feet from the sprinkler head h(2) = 256 inches

(2) The x-coordinate, x_{max}, of the maximum point of a parabola given in the form, y = a·x² + b·x + c is found using the following formula;

x_{max} = -b/(2·a)

The x-coordinate, x_{max}, of the maximum point of the given equation of the parabola, h(x) = 160·x - 16·x², (a = -16, b = 160) is therefore;

x_{max} = -160/(2 × (-16)) = 5

Therefore, the number of feet along the way, the function will reach maximum height, x_{max} = 5 feet

(3) The function, h(x) = 160·x - 16·x², will reach maximum height, h_{max}, at x = 5, therefore;

h_{max} =  h(5) = 160 × 5 - 16 × 5² = 400

The maximum height of the spray, h_{max} = 400 inches

(4) The water is at ground level where h(x) = 0, therefore;

At ground level, h(x) = 0 = 160·x - 16·x²

160·x - 16·x² = 0

∴ 16·x × (10 - x) = 0

By zero product rule, we 16·x = 0, or (10 - x)  = 0, from which we have;

x = 0, or x = 10

The water is at ground level at x = 0 and x = 10 feet, therefore, the water will hit the ground again (the second time after leaving the sprinkler head at x = 0) at x = 10 feet.

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