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3 years ago

Jill Barley obtained a 25-year, $60,000.00 mortgage loan from University

Mathematics

1 answer:

kari74 [83]3 years ago

8 0

Answer:

a. Interest = $300

b. Payment to principal = $86.40

c. New balance = $‭59,913.6‬0

Step-by-step explanation:

The monthly payment has both an interest component and a principal repayment component.

The interest component is based on the total principal still due at the time and the principal repayment component will be the rest of the payment.

As the interest is listed in annual terms, it needs to be made a monthly rate:

= 6%/12 months

= 0.5%

Interest = 60,000 * 0.5%

= $300

Payment to principal = 386.40 - 300

= $86.40

New balance = Amount due - payment to principal

= 60,000 - 86.40

= $‭59,913.6‬0

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Step-by-step explanation:

Φ=55°

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Area of segment=area of sector - area of triangle

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3 years ago

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3 years ago

Please Help! A group of tourists can be sorted into tour boats in groups of 4 or in groups of 6. In either case, there are no em

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Answer:

36 is the correct answer.

Step-by-step explanation:

It is given that there are a group of tourists that can be sorted in a group of either 4 or 6 so that there are no empty seats.

It means that the total number of seats should be a multiple of both 4 and 6.

For finding such a number we can simply find out LCM (Least Common Multiple) of 4 and 6.

LCM of two numbers p and q is the minimum number which can be completely divided by both the numbers p and q.

Let us find the LCM of 4 and 6 here, using the factors:

4 = 2 $\times$ 2

6 = 2 $\times$ 3

The common factor(shown as underlined) is used only once in the LCM.

So, LCM = 2 $\times$ 2 $\times$ 3 = 12

So, 12 is the minimum number which can be divided by 4 and 6 both.

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12, 24, 36, 48, 60, ......

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