1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zmey [24]
3 years ago
10

Aimee and Ben are purchasing a condominium and are financing $160,000. The mortgage is a 20 year 3/1 ARM with a cap structure of

1.5/10. What will their payments be for the first 3 years?
Mathematics
1 answer:
yarga [219]3 years ago
6 0

Answer:

$1169.45

Step-by-step explanation:

Using the formula:

P = L \Big( \dfrac{c(1+c)^n}{(1+c^n) -1} \Big)

where;

Loan amount L = 160000

number of months (n) = 20 × 12 = 240

Lets assume that the interest rate per month c = 6.25% since it is not given.

i.e. (6.25/( 100*12) ) = 5.208 × 10⁻³

∴

P = 160000 * \dfrac{5.208 *10^{-3} (1+5.208 *10^{-3})^{240}}{(1+5.208 *10^{-3})^{240}-1}

P = $1169.45

You might be interested in
Four business class railcars can hold a total of 260 passengers, How many passengers can travel per railcar?
belka [17]

Answer:

65.

Step-by-step explanation:

this is bc 260 divided by 4 is 65

4 0
3 years ago
Read 2 more answers
Angle a is 11 times as large as its supplement angle b
Cerrena [4.2K]
Angle A is 165°, Angle B is 15°

5 0
4 years ago
9÷1000000000000000000000000000000000
gayaneshka [121]

Answer: The answer would be 9e-33

Step-by-step explanation:

6 0
3 years ago
Read 2 more answers
A uniform bar of mass $m$ and length $l$ is suspended on a frictionless hinge. A horizontally launched blob of clay of mass $m$
Irina-Kira [14]

Answer:

conservation of angular momentum ; conservation of energy

Step-by-step explanation:

The complete Question is given as follows:

" A uniform bar of mass (m) and length (L) is suspended on a frictionless hinge. A horizontally launched blob of clay of mass (m) strikes the bottom end of the bar and sticks to it. After that, the bar swings upward. What is the minimum initial speed (v) of the blob of clay that would enable the rod to swing a full circle? Which concepts/laws would be most helpful in solving this problem? Select the best answer from the options below.  "

CHOICES

kinematics of rotational motion; conservation of energy

conservation of momentum ; conservation of energy

conservation of angular momentum ; conservation of momentum

conservation of angular momentum ; conservation of energy

conservation of energy ; Newton's laws

Newton's laws ; conservation of angular momentum

conservation of angular momentum ; kinematics of rotational motion

Newton's laws, kinematics of rotational motion

Solution:

- We will apply the conservation of angular momentum M. Note the linear momentum does not remains conserved as the rod stores some energy as the clay sticks to the rod:

                                       M_i = M_f

- Initially the rod was at rest and clay had velocity of v, then M_i can be written as:

                                       M_i = m*v*L

- The final momentum is the combined effect of clay and rod:

                                       M_f = ( m*L^2 + I_rod )*w

- Where w is the angular speed of the rod after impact. And I_rod is the moment of inertia of rod.

                                      I_rod = mL^2 / 3

                                      M_f = ( m*L^2 + m*L^2 /3 )*w = (4*m*L^2 / 3)*w

- Formulate w in terms of initial velocity v:

                                     m*v*L = (4*m*L^2 / 3)*w

                                      0.75*v / L = w

- The minimum amount of velocity required would be enough to complete half of a circle.

- Apply conservation of Energy principle:

                                     T_i + V_i = T_f + V_f

Where, T is the kinetic energy soon after impact and at top most position.

            Assuming, T_f = 0 , for minimum velocity required to complete on circle.

             T_i = 0.5*I_combined*w^2

Where, I_combined = I_clay + I_rod = 4*m*L^2 / 3

And w = 0.75*v / L:

             T_i = 0.5*[4*m*L^2 / 3]*[0.75*v / L]^2

             T_i = 0.5*[m]*[v^2]

Also, V is the potential energy of the clay plus rod system soon after impact and at top most point.

             V_i = 0 ( Datum )

             V_f = V_rod + V_clay

             V_f = m*g*L + m*g*2L = 3*m*g*L

- Plug in the expressions in the energy balance and we get:

                              0.5*[m]*[v^2] + 0 = 0 + 3*m*g*L

                                      v_min = sqrt ( 6*g*L)

- So the choices used were:

conservation of angular momentum ; conservation of energy

                 

             

6 0
3 years ago
12 + 3x - x - 12 = ?
8_murik_8 [283]

Answer:

2x

Step-by-step explanation:

12 + 2x - 12

2x + 12 - 12

12 - 12 = 0

4 0
3 years ago
Read 2 more answers
Other questions:
  • The sum of two numbers is 26 and their difference is 20.find each of the numbers.
    10·2 answers
  • Survey research tends to produce quantitative data. one key advantage of this kind of data is that it: question 1 options: is ea
    13·1 answer
  • If f(x) = 2x ^ 2 + 1 1 and g(x) = x ^ 2 - 7 find (f - g)(x) ).
    7·1 answer
  • £100.80 divided by 14 equals 7.2 how would we put this as money
    12·1 answer
  • What is the standard-form equation of the ellipse shown?
    6·1 answer
  • Help me please 20 points
    9·1 answer
  • I need help. Because is an important homework.​
    11·1 answer
  • Help me this is a test help
    11·1 answer
  • A.)53<br> B.)37<br> C.)10<br> D.)21
    15·2 answers
  • -8=8(-3+a) plz help me and show work simply
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!