1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zubka84 [21]
3 years ago
6

Help me with Balloon Mortgages?

Mathematics
1 answer:
Ket [755]3 years ago
7 0
I just answered this question. Here's my answer.

Home price is $245,000. There is no down payment mentioned. 
I understand 20/4 as amortized over 20 years and balloon payment after 4 years.

Total cost would be =  Balloon payment + Total monthly payment 

4 years x 12 months = 48 months
Balloon payment =       216,789.79 x 1 mo =   216,789.79
Total monthly payment = 1,727.11 x 47 mos =  81,174.17

<span>Total cost = 216,789.79 + 81,174.17 = 297,963.96</span>
You might be interested in
A giraffe can run about 14 meters per second. Find it's speed in miles per hour
Inga [223]
(14 meter/sec) x (1 mile/1609.344 meter) x (3,600 sec/hour) =

                         (14 x 3600) / (1609.344) = <em>31.32 mile/hour  </em>(rounded)
4 0
3 years ago
A worker at one farm is paid $486 for the week, plus $0.03 for every pound
Natali5045456 [20]

Answer:sorry this probably is t the most helpful but the closest i could get was 399 lbs. it’s is st$497.7 for one and $$497.8.

Step-by-step explanation:

5 0
3 years ago
an angle measure x degrees. what is the measure of its compliment? what is the measure of its supplement?
Strike441 [17]
The complement of 'x' degrees is (90 - x) degrees.

The supplement of 'x' degrees is (180 - x) degrees.
4 0
4 years ago
Identify the x-intercepts
Molodets [167]

Answer:

4)  ( 5, 0) and ( -5, 0)

4 0
3 years ago
Solve for x.<br><br> log x + log 3 = log 18<br><br> Enter your answer in the box.
Makovka662 [10]

log(x) + log(3) = log(18)

log(x) + 0.477121 = 1.255273

Add -0.477121 to both sides.

log(x) + 0.477121 + −0.477121 = 1.255273 + −0.477121

log(x)+0 = 0.778152

Divide both sides by 1.

log(x)+0/1 = 0.778152/1

log(x)=0.778152

Solve Logarithm

log(x) = 0.778152

10log(x) = 100.778152

x = 100.778152

x = 6.00001

3 0
3 years ago
Read 2 more answers
Other questions:
  • Shade 1/3 of this pie
    12·2 answers
  • Can someone help????
    13·1 answer
  • A restaurant can see 100 people it has booth that seat four people and tables that seat six people so far five of the booster fo
    14·2 answers
  • Ten more shoes than Rubens
    13·1 answer
  • 2 coins and 1 6 sided number cube. What is the probability of getting two heads and a 4?
    14·1 answer
  • Question 5
    15·1 answer
  • the frost burg truth bus travels on a straight road from Frostburg mall to sojourner truth park. The mall is 3 miles west and 4
    5·1 answer
  • For every 4 back handsprings Kayla completed, Rose did 5. If Rose completed 15 handsprings, how many did Kayla complete?
    15·1 answer
  • One of the solutions to the equation x² - 5x-24 = 0 is 8. What is the other solution?​
    5·2 answers
  • From the following figures , find the value of x
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!