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solmaris [256]
3 years ago
10

Monica is considering a 7/23 balloon mortgage with an interest rate of 4.5% to purchase a house for $204,000. What will be her b

alloon payment at the end of 7 years?
A.$170,245.98
B.$177,533.62
C$170,118.49
D$225,368.29
Mathematics
1 answer:
arlik [135]3 years ago
5 0

Answer:

$177,533.62

Step-by-step explanation:

AP3X

You might be interested in
The house has a form of a rectangle with one side two and a half times as long as the other side. a Construct the expression for
Nookie1986 [14]

Answer: A=2.5x^{2}


Step-by-step explanation:

1. Let's write the following formula for calculate the area of a rectangle:

A=yx

Where y is the lenght (the longer side) and x is the width (the shorter side).

2. You know that the length is 2.5 times as long as the other side, which indicates a multiplication. Then:

y=2.5x

3. So, you must substitute y into the equation for calculate the area of the rectangle and then you must simplify.

4. Then, you obtain the following expression:

A=(2.5x)(x)\\A=2.5x^{2}


4 0
3 years ago
What is the value of the sum of all the terms of the geometric series 300, 60, 12, …?
ruslelena [56]
<h3>Answer:   375</h3>

=========================================

Work Shown:

a = 300 = first term

r = 60/300 = 0.2 = common ratio

We multiply each term by 0.2, aka 1/5, to get the next term.

Since -1 < r < 1 is true, we can use the infinite geometric sum formula below

S = a/(1-r)

S = 300/(1-0.2)

S = 300/0.8

S = 375

----------

As a sort of "check", we can add up partial sums like so

  • 300+60 = 360
  • 300+60+12 = 360+12 = 372
  • 300+60+12+2.4 = 372+2.4 = 374.4
  • 300+60+12+2.4+0.48 = 374.4+0.48 = 374.88

and so on. The idea is that each time we add on a new term, we should be getting closer and closer to 375. I put "check" in quotation marks because it's probably not the rigorous of checks possible. But it may give a good idea of what's going on.

----------

Side note: If the common ratio r was either r < -1 or r > 1, then the terms we add on would get larger and larger. This would mean we don't approach a single finite value with the infinite sum.

3 0
3 years ago
Gallup conducted a survey from April 1 to 25, 2010, to determine the congressional vote preference of the American voters.15 The
Lisa [10]

Answer:

p ( x > 2746 ) = p ( z > - 1.4552 )

                      = 1 - 0.072806

                      = 0.9272

This shows that there is > 92% of a republican candidate winning the election hence I will advice Gallup to declare the Republican candidate winner

Step-by-step explanation:

Given data:

51% of male voters preferred a Republican candidate

sample size = 5490

To win the vote one needs ≈ 2746 votes

In order to advice Gallup appropriately lets consider this as a binomial distribution

n = 5490

p = 0.51

q = 1 - 0.51 = 0.49

Hence n_{p} > 5  while n_{q}  < 5

we will consider it as a normal distribution

From the question :

number of male voters who prefer republican candidate  ( mean ) ( u )

= 0.51 * 5490 = 2799.9

std = \sqrt{npq} = \sqrt{5490 * 0.51 *0.49} = 37.0399  ---- ( 1 )

determine the Z-score = (x - u ) / std  ---- ( 2 )

x = 2746 , u = 2799.9 , std = 37.0399

hence Z - score = - 1.4552

hence

p ( x > 2746 ) = p ( z > - 1.4552 )

                      = 1 - 0.072806

                      = 0.9272

This shows that there is > 92% of a republican candidate winning the election hence I will advice Gallup to declare the Republican candidate winner

7 0
3 years ago
I NEED HELP WITH thiss
Ainat [17]
X=8 is the Answer.  So the equation would be <span>-8+4(1+5 times 8 )=156 </span>
6 0
4 years ago
What is 2times .4 tell me how you solved it sorry I forgot how to do that
Eva8 [605]
2 times 0.4 = 0.8.

0.4
X 2
_____
0.8
7 0
3 years ago
Read 2 more answers
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