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almond37 [142]
2 years ago
8

This form will be sent to Lily by the end of January. She will use this W-2 form to...

Mathematics
1 answer:
yKpoI14uk [10]2 years ago
7 0

Answer:

D-FIle her income taxes

Step-by-step explanation:

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A restaurant manager has the option of a 30-year loan of $417,000 at an annual interest rate of 3.85% or the same interest rate
victus00 [196]

a) The monthly payment for each loan is as follows:

30-year $1,954.93

15-year $3,053.25

b) The savings in interest by using the 15-year loan is <u>$154,189,20</u> ($286,774.20 - $132,585).

c) No. the monthly payment for the 15-year loan is <u>not twice</u> that of the 30-year loan as the loan term.

d) The interest savings for the 15-year loan are <u>more</u> than one-half of the interest paid on the 30-year loan.

<h3>How are the calculations for periodic payments done?</h3>

The calculations for the monthly payments, including interests can be carried out using an online finance calculator, as follows:

<h3>30-year Loan:</h3>

N (# of periods) = 360 months (12 x 30 years)

I/Y (Interest per year) = 3.85%

PV (Present Value) = $417000

FV (Future Value) = $0

<u>Results</u>:

PMT = $1,954.93

Sum of all periodic payments = $703,774.80 ($1,954.93 x 360)

Total Interest = $286,774.20 ($703,774.80 - $417,000)

<h3>15-year Loan:</h3>

N (# of periods) = 180 months (12 x 15 years)

I/Y (Interest per year) = 3.85%

PV (Present Value) = $417000

FV (Future Value) = $0

<u>Results</u>:

PMT = $3,053.25

Sum of all periodic payments = $549,585 ($3,053.25 x 180)

Total Interest = $132,585 ($549,585 - $417,000)

Learn more about periodic payments at brainly.com/question/13098072

#SPJ1

7 0
1 year ago
Let f(x) = 5x3 + 3x2 – 3 and g(x) = x2 + X - 5, fin<br> 4) f(x) + g(x)
aleksley [76]

Answer:

f(x)+g(x)=5x^{3} +4x^{2}+x-8

Step-by-step explanation:

Given:

Two functions are given:

f(x)=5x^{3} +3x^{2} -3

g(x)=x^{2} +x-5

Find f(x)+g(x)

Solution:

f(x)+g(x)=(5x^{3} +3x^{2} -3)+(x^{2} +x-5)

f(x)+g(x)=5x^{3} +3x^{2} -3+x^{2} +x-5

f(x)+g(x)=5x^{3} +(3x^{2} +x^{2})+x-3-5

f(x)+g(x)=5x^{3} +4x^{2}+x-8

Therefore, the function of f(x)+g(x)=5x^{3} +4x^{2}+x-8

6 0
3 years ago
Divide a whole number by a fraction story problem
maria [59]
June has 10 cupcakes.She wants to break it into halfs.How many pieces did of cupcakes dose she have?

plz press the thank you button ..?
6 0
3 years ago
One planet holds 14 Tomato seedlings. If you have 1,113 seedlings, how many containers do you need to hold all seedlings?
kaheart [24]

Answer:

If your talking about the containers, then you would need 80

containers, hope this helps.

Step-by-step explanation:

5 0
3 years ago
Whole number between 1 and 10, and then write its reciprocal.
Natasha_Volkova [10]

Answer:

2

reciprocal: 1/2

brainliest accepted!!!;)

3 0
3 years ago
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