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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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A linear equation in two variables has infinitely many solution the set of all solutions to a linear equation in two variables f
Greeley [361]
<span>1, During a 1-hr television program, there were 22 commercials, Some commercials were 15 sec and some were 30 sec long. Find the number of 15- sec commercials and the number of 30 sec commercial if the total playing time for commercial was 9.5 minutes.

</span>a) <span>show how to formulate your system of equations for your problem,

Answer:
- state the variables: x number of 15 sec commercials, y number of 30 sec commercials
- translate the word statement into algebraic language

b) state the two equations:

- translate the word statement into algebraic equations:

</span><span>* there were 22 commercials => x + y = 22
* the total playing time for commercial was 9.5 minutes => 15x + 30y = 9.5*60 </span><span>

Answer:
Equation (1) x + y = 22
Equation (2) 15x + 30y =  570

c) state which method you will use to solve either addition or substitution

Answer:
adition: multiply the first equation times - 15 and add the two equations.

d) solve your system showing and explaining each step of the process

Answer:
- muliply eq (1) times - 15

-15x - 15y = - 330

- add that to the eq (2):

-15x + 15x - 15y + 30y = -330 + 570

- add like terms: 15y = 240

- divide both members by 15: 15y/15 = 240 / 15 => y = 16

- replace y = 16 in eq I(1) => x + 16 = 22 => x = 22 - 16 = 6

Solution: x = 6, y = 16

e) Be sure to check your solution!

x + y = 22
6 + 16 = 22
22 = 22 --> check

15x + 30y = 9.5*60
15(6) + 30(16) = 570
90 + 480 = 570
570 = 570 ---> check

f) Once a solution is found explain what this solution means in the context of the problem, write the answer to the word problem in words</span><span>

The solution means that d</span><span>uring a 1-hr television program, there were</span><span> 6 commercials of 15 sec and 16 commercials of 30 sec.

2, How many quarts of water should be mixed with a 30% vinegar solution to obtain 12 qt of a 25% vinegar solution. (Hint: water is 0% vinegar).</span>

a) variables:

- state the variables
x: number of quarters of water
y: number of quarters of vinegar

- translate the words into mathematical language

12 qt 25% vinegar solution

=> total number of quarts = 12 = x + y

balance in vinegar:

vinegar from water + vinegar from 30% vinegar solution = vinegar in the 25% vinegar solution

0 + 0.3y = 0.25 (x + y)

c) Equations

Eq (1) x + y = 12

Eq (2): 0.3y = 0.25x + 0.25y

=> 0.25x - 0.05y = 0

d) solve

- multiply eq (1) times 0.05 and add to eq (2)

0.05x + 0.05y = 0.6
0.25x - 0.05y = 0
------------------------
0.30x = 0.6

x = 0.6 / 0.3 = 2

x + y = 12 => y = 12 - y = 12 - 2 = 10

Solution: x = 2, y = 10

e) check:

x + y = 12
2 qt + 10qt = 12 qt
12 qt = 12 qt ---> check

vinegar:

10*0.3 = 12*0.25
3 = 3 -> check

f) Explanation of the solution

The solution means that you have to mix 2 qts of water with 10 qts of 30% vinegar solution to obtain 12 qt of 25% vinegar solution.

5 0
3 years ago
17 = x + 9 <br> Whats the answer i need it now pls &amp;&amp; thank uu .
Margarita [4]

Answer:

x=8

Step-by-step explanation:

subtract 9 from 17 to get x alone on one side. 17-9=x+9-9. That will equal 8=x. Hope this helps

8 0
3 years ago
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AnnyKZ [126]

Answer: see attachment below

Step-by-step explanation:

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3 years ago
The regular price of a shoe is $48. The store is having a buy one get one 1/2 off sale. If you buy 2 pairs of shoes for that pri
Ulleksa [173]

Answer:

25% discount

Step-by-step explanation:

48*2=96

However, instead one pair is 50% off. So, one pair will be $48 and another will be $24. So, if you purchase two pairs, you only have to pay$72. 72/96=.75. This means you are paying for 75% of the original price, meaning you got 25% off discount.

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3 years ago
How do you rate this app on a computer ?
MrRissso [65]

Step-by-step explanation:

by going down your screen after you ask a question and the answer is there i guess i dunno

5 0
3 years ago
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