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alexgriva [62]
3 years ago
15

Paul lands a home mortgage of $58,00 at a 7.40% interest rate. He plans to pay this after 3 years. What will the total principle

s + interest payment be?
Mathematics
1 answer:
Elena-2011 [213]3 years ago
6 0

Answer:

The answer to the question is

The total principles + interest payment is $64,854.00

Step-by-step explanation:

To solve the question, we not that

Home mortgage value = $58000

Interest rate, r = 7.4 % annually = 7.4/12 % monthly or 0.62 % monthly

Duration of payment  = 3 years = 3 × 12 =36 months

Monthly payment is given by

M = P\frac{r(1+r)^n}{(1+r)^n-1} = 58000\frac{0.00062(1.00062)^{36}}{(1.00062)^{36}-1}  = $1,801.5

Cumulative interest payed is given by

M×n - P = 1801.5 × 36 - P =$6, 854

Total principles + interest payment = M × n = $64,854.00

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Gnesinka [82]

Answer:

3/20=6/40=15/100

Step-by-step explanation:

Multiply 3 by 2 to figure out the numerator for /40 and multiply 20 by 5 to figure out the denominator of 15/

8 0
4 years ago
Read 2 more answers
Pls help I don’t get what dis teacher even wants bro
Kaylis [27]

Answer:

5 cups of flour.

Step-by-step explanation:

I know the wording of the problem may be confusing at first, but if you look at it a little bit, it's just multiplication and division.

To start,

12 biscuits require 2 cups of flour,

meaning that 6 biscuits (half of the original) only require 1 cup.

<u>(12/2 = 6)</u>

Next,

We need to find how much flour is in 30 biscuits.

We know that 1 cup is in 6 biscuits, and if you were to find how much was in 30 biscuits, you would just need to divide 30 by 6.

<u>(30/6 = 5)</u>

5 cups of flour would be your answer.

To put it mathematically,

(12/2 = 6), (30/6 = 5)

8 0
1 year ago
1. Describe how to show that triangle PMO = triangle PMN using the SSS Congruence Postulate. Then, without using a protractor, f
castortr0y [4]

Answer:

ayudenle porfa :)

Step-by-step explanation:

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3 0
4 years ago
A recipe for homemade clay calls for 6 cups of water for every 12 cups. How many cups of water are needed when 4 cups of flour a
pochemuha

Answer:

2 cups of clay

Step-by-step explanation:

Given data

we are given that  6 cups of water for every 12 cups of clay

  i.e

12 cups of clay require 6 cups of water

4 cups of clay will require x cups of water

cross multiply

12x= 4*6

12x= 24

divide both sides  by 12

x= 24/12

x= 2cups

Hence 4 cups of water will require 2 cups of clay

6 0
3 years ago
X f(x)<br> -2 -1/200<br> -1 -1/20<br> 0 -1/2<br> 1 -5<br> 2 -50
Hitman42 [59]

9514 1404 393

Answer:

  f(x) = -1/2·10^x

Step-by-step explanation:

The y-intercept is -1/2.

The common ratio is (-1/20)/(-1/200) = 10, so the exponential function can be written as ...

  f(x) = -1/2·10^x

6 0
3 years ago
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