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Alchen [17]
3 years ago
15

If XY × 8 = YYY, where Xand Y are digits of the numbers, then what is the value of Y?

Mathematics
1 answer:
kakasveta [241]3 years ago
8 0
Given that
XY*8 = YYY ⇒⇒⇒ Where X and Y are digits
So, X is equal to one of the digits from 1 to 9
and Y is one of the digits from 1 to 9
This can be solved as following
YYY = 100Y + 10Y + Y = Y(100+10+1) = 111Y
XY*8 = 8 (10X + Y) = 80X + 8Y
∴ 80X + 8Y = 111Y
∴ 80 X = 111Y - 8 Y
∴ 80 X = 103 Y

∴ Y = 80X/103
substitute with X = 1 to 9
X = 1 ⇒⇒⇒ Y = 0.77 ⇒⇒ unacceptable

X = 2 ⇒⇒⇒ Y = 1.55 ⇒⇒ unacceptable
X = 3 ⇒⇒⇒ Y = 2.33 ⇒⇒ unacceptable
X = 4 ⇒⇒⇒ Y = 3.11 ⇒⇒ unacceptable
X = 5 ⇒⇒⇒ Y = 3.88 ⇒⇒ unacceptable
X = 6 ⇒⇒⇒ Y = 4.66 ⇒⇒ unacceptable
X = 7 ⇒⇒⇒ Y = 5.44 ⇒⇒ unacceptable
X = 8 ⇒⇒⇒ Y = 6.21 ⇒⇒ unacceptable

X = 9 ⇒⇒⇒ Y = 6.99 ⇒⇒ unacceptable

So, The is no value of  Y to achieve ⇒⇒ XY * 8 = YYY

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

I think the problem is as following:

Given that XY8 = YYY ⇒⇒⇒ Where X and Y are digits
So, X is equal to one of the digits from 1 to 9
and Y is one of the digits from 1 to 9
This can be solved as following
YYY = 100Y + 10Y + Y = Y(100+10+1) = 111Y
XY8 = 100X + 10Y + 8
∴ 100X + 10Y + 8 = 111Y
∴ 100x + 8 = 101Y
∴ Y = (100X + 8)/101
substitute with X = 1 to 9
X = 1 ⇒⇒⇒ Y = 1.07 ⇒⇒ unacceptable

X = 2 ⇒⇒⇒ Y = 2.06 ⇒⇒ unacceptable
X = 3 ⇒⇒⇒ Y = 3.05 ⇒⇒ unacceptable
X = 4 ⇒⇒⇒ Y = 4.04 ⇒⇒ unacceptable
X = 5 ⇒⇒⇒ Y = 5.03 ⇒⇒ unacceptable
X = 6 ⇒⇒⇒ Y = 6.02 ⇒⇒ unacceptable
X = 7 ⇒⇒⇒ Y = 7.01 ⇒⇒ unacceptable
X = 8 ⇒⇒⇒ Y = 8    ⇒⇒⇒ integer ⇒⇒ the correct answer

X = 9 ⇒⇒⇒ Y =8.99 ⇒⇒ unacceptable

So, The value of Y = 8
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Lenny and Lisa have obtained a 30-year, fixed rate mortgage for $675,250 with a 7.25% interest rate. They purchased 3 points and
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In this question, we are asked to calculate the amount of time it would take for a break-even point on a mortgage, if there is a factoring in the cost of points.

We proceed to answer the;

Mathematically,

The Break Even Point = Amount Paid for purchasing Discount Points divided by Monthly savings in the interest payments

We lost out the important values given in the question as follows:

Amount of Mortgage - $675,250

Tenure - 30 Years

The Rate of interest without points = 7.25%

The number of points = 3 points

The rate of interest with the 3 points = 6.875%

The amount to be paid for purchasing the discount point is now calculated below;

Since 1 discount point = 1% of mortgage value;

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The amount paid is thus = 3% of $675,250 = $20,257.5

To calculate Monthly payment without points, we use the mathematical formula;

M = P[r(1+r)^n/((1+r)^n)-1)]

Where M

Is monthly payment, r is the interest rate, n is the number of months.

According to the question M = 675,250, r = 7.25% = 7.25/100 = 0.0725 , n= 30 * 12 months = 360 months

M = 675,250[0.0725(0.0725+1)^30/(1+0.0725)^360)-1) = $4606.40

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Inputting the terms in the formula will yield a value of $4435.91. This means monthly payment with discount will be $4435.91

Savings in monthly payments after purchasing the discount points = $4,606.40 - $4,435.91 = $170.48

Break Even = Purchase cost of Discount Points / Monthly savings

= $20,257.5 / $170.48

= 119 Months

Hence, the number of months it will take Lisa and Lenny to break-even point on their mortgage will be 119 months

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