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IceJOKER [234]
3 years ago
6

The monthly mortgage payment on your house is $821.69. it is a 30 year mortgage at 6.5% compounded monthly. how much did you bor

row? 1. $ 85,000 2. $100,000 3. $115,000 4. $130,000 5. $140,000
Mathematics
1 answer:
slavikrds [6]3 years ago
7 0

The formula for figuring the monthly payments on such a loan is

... A = P(r/12)/(1 -(1 +r/12)^(-12t))

where r is the annual interest rate (.065), P is the principal amount (we want to find), t is the number of years (30), and A is the monthly payment.

Filling in the given values, we have

... 821.69 = P(.065/12)/(1 - (1 +.065/12)^(-12*30)) = 0.00632068·P

Then the principal amount is

... P = 821.69/0.00632068 = 130,000.25

The most appropriate choice is ...

... 4. $130,000

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3 years ago
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valentina_108 [34]

Answer:

0.0830 radians per second

Step-by-step explanation:

If θ is the angle of elevation and h is the height of the balloon, then:

tan θ = h / 53

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(1 + tan² θ) dθ/dt = 1/53 dh/dt

Substitute:

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Multiply both sides by 53²:

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dθ/dt = 318 / 3833

dθ/dt ≈ 0.0830

The angle of elevation is increasing at a rate of 0.0830 radians per second.

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4 years ago
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This is the answer

504

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