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xenn [34]
3 years ago
8

A $80,000 mortgage loan is made at a 12 percent (nominal) rate of interest for 30 years. What isthe constant monthly mortgage pa

yment on this loan, assuming it is to be fully amortized at the end of 30 years? Determine the loan balance at the end of 10years and construct a oneyear amortization schedule
Mathematics
1 answer:
Dmitrij [34]3 years ago
7 0

Answer:

Multiply the number of years in your loan term by 12 (the number of months in a year) to get the number of payments for your loan. For example, a 30-year fixed mortgage would have 360 payments (30x12=360).

Step-by-step explanation:

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5x + 3 - 4x = 0

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Step-by-step explanation:

4y + 3 =19

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WILL MARK BRAINLIEST!!! 40 POINTS!! ACTUAL ANSWERS, PLZZZ
steposvetlana [31]

Answer:

Part A:

\left(x + 7\right)^{5}=x^{5} + 35 x^{4} + 490 x^{3} + 3430 x^{2} + 12005 x + 16807

Part B:

The closure property describes cases when mathematical operations are CLOSED. It means that if you apply certain mathematical operations in a polynomial it will still be a polynomial. Polynomials are closed for sum, subtraction, and multiplication.

It means:

\text{Sum of polynomials } \Rightarrow \text{ It will always be a polynomial}  

\text{Subtraction of polynomials } \Rightarrow \text{ It will always be a polynomial}  

\text{Multiplication of polynomials } \Rightarrow \text{ It will always be a polynomial}  

But when it is about division:

\text{Division of polynomials } \Rightarrow \text{ It will not always/sometimes be a polynomial}  

<u>Example of subtraction of polynomials:</u>

<u />(2x^2+2x+3) - (x^2+5x+2)<u />

<u />x^2-3x+1<u />

Step-by-step explanation:

<u>First, it is very important to define what is a polynomial in standard form: </u>

It is when the terms are ordered from the highest degree to the lowest degree.

Therefore I can give:

x^5-5x^4+3x^3-3x^2+7x+20

but,

x^5+3x^3-3x^2+7x+20-5x^4 is not in standard form.

For this question, I can simply give the answer: x^5-5x^4+3x^3-3x^2+7x+20 and it is correct.

But I will create a fifth-degree polynomial using this formula

$(a+b)^n=\sum_{k=0}^n \binom{n}{k} a^{n-k} b^k$

Also, note that

$\binom{n}{k}=\frac{n!}{(n-k)!k!}$

For a=x \text{ and } b=7

$\left(x + 7\right)^{5}=\sum_{k=0}^{5} \binom{5}{k} \left(x\right)^{5-k} \left(7\right)^k$

\text{Solving for } k \text{ values: } 0, 1, 2, 3, 4 \text{ and } 5

Sorry but I will not type every step for each value of k

The first one is enough.

For k=0

$\binom{5}{0} \left(x\right)^{5-0} \left(7\right)^{0}=\frac{5!}{(5-0)! 0!}\left(x\right)^{5} \left(7\right)^{0}=\frac{5!}{5!} \cdot x^5= x^{5}$

Doing that for k values:

\left(x + 7\right)^{5}=x^{5} + 35 x^{4} + 490 x^{3} + 3430 x^{2} + 12005 x + 16807

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What is 39.0625% rounded to the nearest percent?
Luda [366]
39.0625% to the nearest percent simply 39%
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