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Inessa05 [86]
2 years ago
13

An investor obtains a balloon mortgage with the terms shown below.

Mathematics
1 answer:
Flauer [41]2 years ago
6 0

9514 1404 393

Answer:

  a.  $3,455.20

Step-by-step explanation:

The monthly payment is given by the amortization formula:

  A = P(r/12)/(1 -(1 +r/12)^(-12t))

for loan amount P at annual rate r for t years.

For this mortgage, we use P = $530,000, r = 0.068, t = 30.

  A = $530,000(0.068/12)/(1 -(1 +0.068/12)^(-360)) ≈ $3,455.20

The monthly payment is $3,455.20.

_____

<em>Additional comment</em>

In 7 years, the balloon payment will be $481,559.91.

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Will mark as brainiest answer!!!!!<br> Please show work as to how you found the answer
Alchen [17]
(2,8) and (-2,10)

<u>y₂</u><u> </u><u>- y₁</u>     used to find the slope<u>
</u>x₂ - x₁
<u>
</u>plug in the coordinates
<u>10-8</u> = <u>2</u>     all equals -1/2
-2-2 = -4     m=-1/2
<u>
</u>plug one of the coordinates and the slope into y=mx+b, and solve
<u />8=-1/2(2)+b
8=-1+b
9=b

Final Answer: y = -1/2x + 9
5 0
3 years ago
the width of a rectangle is the length minus 2 units. The area of the rectangle is48 units. What is the width, in units, of the
tatuchka [14]

Answer:

6

Step-by-step explanation:

put unknown as y

area of rectangle = width × long

y(y - 2)=48

y² -2y =48

u can use scientific calculator to find this

y²-2y-48=0

(y-8)(y+6)=0

y=8 y=-6

take the positive value and ignore the negative value

width=y-2 long=8

8-2=6

I hope this help you :)

6 0
3 years ago
Write 1 1/4 as a decimal and percent? decimal_____________ percent_____________
jarptica [38.1K]
Decimal 1.25
percent 125%
7 0
3 years ago
Read 2 more answers
Tell whether the angles are adjacent or vertical. Then find the value of x.
krok68 [10]

Answer : The angles are vertical angles and the value of x is 25^o

Step-by-step explanation :

Adjacent angles : It is defined as the two angles that have the common arm and common vertex.

Vertical angles : It is defined as the two lines intersect each other and form angles. The opposite angles are known as vertically opposite angles.

And we know that the vertically opposite angles are equal.

In the given image, the angles are vertical angles and vertically opposite angles are equal.

So,

(4x-25)^o=75^o

4x-25^o=75^o

4x=75^o+25^o

4x=100^o

x=\frac{100^o}{4}

x=25^o

Therefore, the angles are vertical angles and the value of x is 25^o

6 0
2 years ago
The rule for the number of fish in a home aquarium is 1 gallon of water for each inch of fish length. Marta's aquarium holds 39
Karo-lina-s [1.5K]

Answer: Fish A: 9 inches ; Fish B: 6 inches

Step-by-step explanation:

This can be turned into a systems of equation, where x equals the length of fish A and y equals the length of fish B:

3x + 2y = 39 → -3x - 2y = -39

3x + 4y = 51 → 3x +4y = 51

Combine: 0 + 2y = 12 → y = 6 inches.

Plug back in: 3x + 2(6) = 39 → 3x = 27 → x = 9 inches.

8 0
2 years ago
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