By applying the formulas of present and future values of annuity we can solve this problem. In this mortgage problem, first we have to find loan amount after the down payment. It is 699,000 - 699,000 * 0.2 = 559,200$. We have to set it as PV (Present Value) of annuity. Using the PV formula ![PV = A \frac{[1- \frac{1}{(1+r)^{N}}]}{r}](https://tex.z-dn.net/?f=%20PV%20%3D%20A%20%5Cfrac%7B%5B1-%20%5Cfrac%7B1%7D%7B%281%2Br%29%5E%7BN%7D%7D%5D%7D%7Br%7D%20)
, we first find A, which is an annual payment. Exact calculation with mortgage calculator gives us A = 33,866.56$. After finding it, plugging this number into FV (Future Value) formula ![FV = A\frac{[(1+r)^{N}-1]}{r}](https://tex.z-dn.net/?f=%20FV%20%3D%20A%5Cfrac%7B%5B%281%2Br%29%5E%7BN%7D-1%5D%7D%7Br%7D%20%20%20)
, we find the value of the future value and it is 1,185,329.66$. And the total financial charge is 1,185,329.66 - 559,200 = 626,129.66$
Answer:
2a plus 3/4b
Step-by-step explanation:
First distribute the fractions.
Second communitate variable a.
Third communitate variable b.
Finally simplify.
Step-by-step explanation:
Let the height above which the ball is released be H
This problem can be tackled using geometric progression.
The nth term of a Geometric progression is given by the above, where n is the term index, a is the first term and the sum for such a progression up to the Nth term is
To find the total distance travel one has to sum over up to n=3. But there is little subtle point here. For the first bounce ( n=1 ), the ball has only travel H and not 2H. For subsequent bounces ( n=2,3,4,5...... ), the distance travel is 2×(3/4)n×H
a=2H..........r=3/4
However we have to subtract H because up to the first bounce, the ball only travel H instead of 2H
Therefore the total distance travel up to the Nth bounce is
For N=3 one obtains
D=3.625H
Answer:
Answer: A. 5:4 Step-by-step explanation: Since the question mentions twelfths of a pie, it is easier to say each pie has 12 pieces or 36 total pieces ordered from the 3 pies. Ty ate 5 and Rob ate 15 which is 3 times more than Ty. A total of 20 pieces have been eaten from the 36 you started with. Eaten = 16. So the ratio is 20:16 which is simplified to = 20 and Remaining 5:4.
