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
Mekhanik [1.2K]
2 years ago
5

John's parents purchased their first home in the 1980s with a 30-year

Mathematics
1 answer:
slega [8]2 years ago
7 0

Answer:

Option A,$ 1,832.91   is correct

Step-by-step explanation:

The monthly payment can be computed using the below pmt formula i excel shown below:

=pmt(rate,nper,-pv,fv)

rate is the monthly rate on the mortgage which is 17.5%/12=0.014583333

nper is the number of months of payment i.e 30*12=360

pv is the amount of the loan which is $125,000

fv is the total amount of repayment which is unknown

=pmt(0.014583333 ,360,-125000,0)=$ 1,832.91  

The correct option is A,$ 1,832.91  which is the amount of money they need to pay back on the mortgage for 360 months

You might be interested in
Help me with these please
iragen [17]
I think 10. Is 1/20
3/4=15/20
4/5=16/20
So Allison hiked 1/20 more than Patrick
6 0
2 years ago
Can someone please help me!?!
Elis [28]
1. sometimes 2. always 3. always 4. never 5. sometimes. B.t.w I really hope this helps
8 0
3 years ago
What are the coordinates of the center of the circle (x-1)²+(y-2)²=2² and y=2x+2?
defon

Answer:

Compare the given equation of the circle (x - 1)² + (y -2)² = 2²

with standard form of circle: (x - h)² + (y - k)² = r²

Here, (h, k) is the center of the circle

and r is the radius of the circle.

Thus, The center of the circle is: (1, 2)

Also, for finding the point of intersections of (x - 1)² + (y -2)² = 2² and y = 2x + 2,

Substitute the value of y from equation of line in the equation of circle.

(x - 1)² + (2x + 2 - 2)² = 2²

⇒ (x - 1)² + (2x)² = 2²

⇒ x² + 1 - 2x + 4x² = 4

⇒ 5x² - 2x - 3 = 0

Applying Middle term splitting method

5x² - 5x + 3x - 3 = 0

⇒ 5x(x - 1) + 3(x - 1) = 0

⇒ (5x + 3)(x - 1) = 0

⇒ x = \frac{-3}{5} and x = 1

Thus, we get coordinates: (\frac{-3}{5} ,\frac{4}{5} ) and (1, 4)

6 0
2 years ago
I need help plz and thankd
sergeinik [125]

The correct answer is A, it has -1. While B's got 1.

3 0
3 years ago
How do you write x is great than 9?
Mazyrski [523]
X>9 is how you do it.
4 0
3 years ago
Read 2 more answers
Other questions:
  • Where would parentheses go 9 x 7+ 8-5=66
    15·2 answers
  • Elimination method<br> 4x-2y=48<br> 2x+6y=-18
    6·2 answers
  • What is 65% written as a fraction in simplest form
    15·1 answer
  • A bookstore with 18 copies of a book sold 5/6 of the books
    14·1 answer
  • The layer of the atmosphere that contains weather is the
    8·1 answer
  • If a translation takes triangle CAT to C'A'T', what is A'T'?
    6·1 answer
  • What is the product of 5/8 and 3/4??
    14·2 answers
  • PLSS HELP ME I AM GOING TO CRY IF I DONT GET THIS ANSWER PLSS HELP ME What is the slope-intercept equation of the line below?
    11·1 answer
  • You have the side lengths 3 in., 6 in., and 10 in. Can these side lengths form a triangle
    12·2 answers
  • Pleas help I will give brainliest also please show how you did it please
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!