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
Drupady [299]
2 years ago
14

TIMED QUIZ! possibly easy i just don’t get it. HELP

Mathematics
1 answer:
stealth61 [152]2 years ago
6 0
It’s definitely about 75
You might be interested in
Each letter of the alphabet is written on a piece of paper and put in a hat. If a piece of paper is chosen at random, what is th
ANEK [815]
Number of favourable outcomes = 5

Number of possible outcomes = 26

P(vowel) = 5/26

Answer: 5/26
6 0
3 years ago
Read 2 more answers
for school mr. taylor bought 10 packs of paper at $0.55 each and 6 packs of pencils at $0.75 each. Exprees what she purchased ma
ikadub [295]
Value=amount times cost per unit

paper=10 times 0.55
pencils=6 times 0.75

she bought 10 paper and 6 pencils
cost=10*0.55+6*0.75=$10.00 total


5 0
3 years ago
Read 2 more answers
What is the simplest form of x^4 y^7 / 3 square root x^10 y^4
True [87]
X ^ 14 y ^ 11 / square root of 3
4 0
3 years ago
51
Aleksandr [31]

Answer:

may be 13 I hope this is the right answer

3 0
3 years ago
Read 2 more answers
Lenny and Lisa have obtained a 30-year, fixed rate mortgage for $675,250 with a 7.25% interest rate. They purchased 3 points and
Vikentia [17]

Answer:

119 months

Step-by-step explanation:

In this question, we are asked to calculate the amount of time it would take for a break-even point on a mortgage, if there is a factoring in the cost of points.

We proceed to answer the;

Mathematically,

The Break Even Point = Amount Paid for purchasing Discount Points divided by Monthly savings in the interest payments

We lost out the important values given in the question as follows:

Amount of Mortgage - $675,250

Tenure - 30 Years

The Rate of interest without points = 7.25%

The number of points = 3 points

The rate of interest with the 3 points = 6.875%

The amount to be paid for purchasing the discount point is now calculated below;

Since 1 discount point = 1% of mortgage value;

Therefore, 3 discount points = 3% of mortgage value

The amount paid is thus = 3% of $675,250 = $20,257.5

To calculate Monthly payment without points, we use the mathematical formula;

M = P[r(1+r)^n/((1+r)^n)-1)]

Where M

Is monthly payment, r is the interest rate, n is the number of months.

According to the question M = 675,250, r = 7.25% = 7.25/100 = 0.0725 , n= 30 * 12 months = 360 months

M = 675,250[0.0725(0.0725+1)^30/(1+0.0725)^360)-1) = $4606.40

To get the monthly payment with points, we simply use the formula again but this time interest rates will be 6.875% = 0.06875 I.e r = 0.06875

Inputting the terms in the formula will yield a value of $4435.91. This means monthly payment with discount will be $4435.91

Savings in monthly payments after purchasing the discount points = $4,606.40 - $4,435.91 = $170.48

Break Even = Purchase cost of Discount Points / Monthly savings

= $20,257.5 / $170.48

= 119 Months

Hence, the number of months it will take Lisa and Lenny to break-even point on their mortgage will be 119 months

6 0
3 years ago
Other questions:
  • Consider the triangle. The measures of the angles of the triangle are 32°, 53°, 95°. Based on the side lengths, what are the mea
    7·1 answer
  • in june , a camp has 325 campers and 26 counselors, in july,265 campers leave and 215 new campersarrive.How many counselors does
    9·1 answer
  • A circle has a radius of 5 inches. What is the circumference of the circle? Use 3.14 for pi.
    15·2 answers
  • Whats 16*2-3(2^6+12)*5
    14·2 answers
  • Solve the quadratic equation for x. What is one of the roots? (x + 6)^2 = 49
    14·2 answers
  • The area of trapezoid TRAP is 100. Furthermore, TR=32, AP=8, and TP=RA. If T=R what is the ;length of segment TP?
    9·1 answer
  • Find the missing exponent
    7·2 answers
  • Exercise 2
    9·1 answer
  • 23.0 cm2
    7·1 answer
  • Diego compro un libro y tres cuadernos,pago por ellos 180 solo recuerda que el libre le costó el doble de lo que le costaron los
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!