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Dmitriy789 [7]
3 years ago
6

HELP ASAP PLEASE DONT GUESS MY GRADE IS ON THE LINE jim and joan miller are customers applying for a mortgage jim and Joan Mille

r are borrowing 120,000 at 6.5% per annum compounded monthly for 30 years to purchase a home their monthly payment is determined to be 758.48 •a recursive formula for their balance after each monthly payment has been made •a determination of Jim and Joan balance after the first payment •determine when the balance will be below 75,000 •determine when the balance will be paid off •determine the interest expense when the loan is paid
Mathematics
1 answer:
Elanso [62]3 years ago
5 0

Step-by-step explanation:

So, the account is at 0 initially; after the 1st payment made to the statement, the only balance it'd have, is the first payment amount, so namely, what's the monthly amortized cost.

Ex.: the picture

So let's do the same!

<em>pymt:</em> 120,000 [0.049/12/1 - (1 + 0.049/12) -12 x 20]

Hope this helped!

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Please answer this question too! :D
Artyom0805 [142]

Answer:

A

Step-by-step explanation:

We can find the surface area of the object by adding the surface areas of each part. We have many rectangle faces to count and two triangular faces. Each has a formula for the area. We will find the area of each and then add them all together.

Triangle - 0.5 *b*h

Rectangle - b*h

<u>Triangles</u>

There are two triangles on either side. The height is 1.5. The base is 1.8.

0.5(1.5)(1.8)=1.35 meters squared

Since there are two, we will add 1.35+1.35 in our final calculation.

<u>Rectangles</u>

We will start by calculating the largest rectangle on the side. It has height of 4 and a base of 2.5 (shown above left).

4(2.5)=10

Since there are two (one we can see and one we can't), we will add 10+10 in our final calculation.

Next we calculate the top and bottom. The height is 3 and the base is 2.5 on top. But the bottom sticks out more and adds 1.8 to its base.

Top - 3(2.5)=7.5

Bottom-3(2.5+1.8)=12.9

Finally, we will calculate the front side and back(not visible) as well as the slant up front. The back side has height 4 and base 3. The front side has base 3 and height 4-1.5=2.5. The slant has base 2.3 and height 3.

Back - 4(3)=12

Front- 3(2.5)=7.5

Slant - 3(2.3)=6.9

We add all together for the total surface area: 1.35+1.35+10+10+7.5+12.9+12+7.5+6.9=69.5 meters squared.

5 0
3 years ago
Using the quadratic formula to solve x2 + 20 = 2x, what are the values of x?
jeka94

by Quadratic formula , x^2 + 20 = 2x , values of x are x = 1 \pm (1)i\sqrt{19}} . None of mentioned options are correct according to question!

<u>Step-by-step explanation:</u>

Here we have , expression  x2 + 20 = 2x or , x^2 + 20 = 2x .

We know that Quadratic formula is :

x = \frac{-b \pm \sqrt{b^{2}-4ac}}{2a}

x^2 + 20 = 2x

⇒ x^2-2x+20=0

a=1\\b=-2\\c=20

Putting this value in equation x = \frac{-b \pm \sqrt{b^{2}-4ac}}{2a} :

⇒ x = \frac{-b \pm \sqrt{b^{2}-4ac}}{2a}

⇒ x = \frac{-(-2) \pm \sqrt{(-2)^{2}-4(1)(20)}}{2(1)}

⇒ x = \frac{2 \pm \sqrt{4-80}}{2}

⇒ x = (\frac{2 \pm 2i\sqrt{19}}{2})

⇒ x = 1 \pm (1)i\sqrt{19}}

Therefore , by Quadratic formula , x^2 + 20 = 2x , values of x are x = 1 \pm (1)i\sqrt{19}} . None of mentioned options are correct according to question!

7 0
3 years ago
A person who weighs 100 pounds on Earth weighs 16.6 lb on the moon. Which variable is the independent variable?
Evgesh-ka [11]
Where you are. The moon or the earth is the independent variable
5 0
2 years ago
A cylindrical bowl has a radius of 15cm. It is filled with water to a depth of 12cm. Work out the volume of water in the bowl. G
julsineya [31]
You use pi times radius squared. Pi 15 squared=706.858 then take 706.858 and multiply it by the depth of 12. 706.858×12=8482.3 Cm squared. 8482.3 cm to liters is about 8.5 liters
4 0
3 years ago
At a hardware store they can cut a rope off of a big roll so you can buy any length you like. the cost of 6 feet of rope is 7.50
konstantin123 [22]

Answer:

first you'd need to divide 7.50 by 6 which will get you (7.50÷6=1.25) then you would need to multiply 1.25 by 50 which will get you $62.50 (1.25×50=62.5).

8 0
2 years ago
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