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Fantom [35]
3 years ago
10

The Williams are buying a house that costs $323,000 and can afford a 10% down payment. If the Williams want the lowest monthly p

ayment, which loan option would you recommend?
a. 15 year fixed, 5% down at a fixed rate of 5.5%
b. 30 year FHA, 3.5% down at a fixed rate of 6.25%
30 year fixed, 20% down at a fixed rate of 5.75%
d. 30 year fixed, 10% down at a fixed rate of 6%
Mathematics
2 answers:
Andrew [12]3 years ago
4 0

Answer:

D

Step-by-step explanation:

30 year fixed, 10% down at a fixed rate of 6%

zubka84 [21]3 years ago
3 0

Answer:

d

Step-by-step explanation:

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A gold coin appreciated in value from $200.00 to $475.00 in 6 years. Find the yearly rate of appreciation. Show or explain all w
Travka [436]

Answer:

16%

Step-by-step explanation:

To solve this we are using the standard growth equation:

y=a(1+b)^x

Were

y is the final value after x years

a is the initial value

b is the growth factor (yearly rate of appreciation in our case) in decimal form

x is the time in years

We know from our problem that gold coin appreciated in value from $200.00 to $475.00 in 6 years, so y=475, a=200, and x=6.

Let's replace the values in our equation and solve for b:

y=a(1+b)^x

475=200(1+b)^6

\frac{475}{200} =(1+b)^6

2.375=(1+b)^6

\sqrt[6]{2.375} =\sqrt[6]{(1+b)^6}

1+b=\sqrt[6]{2.375}

b=\sqrt[6]{2.375}-1

b=0.155

which rounds to

b=0.16

Since our appreciation rate is in decimal form, we need to multiply it by 100% to express it as percentage:

0.16*100% = 16%

We can conclude that the yearly appreciation rate of our gold coin is approximately 16%

3 0
3 years ago
Write the equation in vertex form of the parabola with the vertex (-4,-4) that goes through the point (-2,-16)
Brrunno [24]

Answer:

- 3(x + 4) {}^{2}  - 4

Step-by-step explanation:

Vertex form is

a(x - h) {}^{2}  + k = f(x)

We know that h and k are both -4. Let x be -2 and y be -16.

a( - 2  + 4) {}^{2}   - 4 =  - 16

a(2) {}^{2}  - 4 =  - 16

4a - 4 =  - 16

4a =  - 12

a =  - 3

So the equation in vertex form is

- 3(x  + 4) {}^{2}  - 4

5 0
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Answer:

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3 years ago
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fiasKO [112]

Answer:

{y,x} = {-6,-2}

Step-by-step explanation:

/ Solve equation [2] for the variable  y  

 [2]    y = 2x - 2

// Plug this in for variable  y  in equation [1]

  [1]    (2x-2) - x = -4

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4 years ago
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Answer:

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Step-by-step explanation:

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