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Shtirlitz [24]
2 years ago
11

PLEASE HELP ASAP!! Graph the function h (x) = -4x-1.

Mathematics
1 answer:
mario62 [17]2 years ago
3 0

Answer:

Hope this helps!

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HELP URGENT PLEASE! The Lees have purchased a new home for $360,000, and put a down payment of $50,000 on it. They have a mortga
bonufazy [111]

Answer:

$191,340.80

Step-by-step explanation:

Step 1

We find the amount that is paid monthly by the Lee's

We are told in the question that:

Cost of the house =$360,000

Down payment = $50,000

We are also told, the balance left after the down payment was made = Mortgage that is amortized at an

Interest rate of 5.25%

Time = 20 years

Hence, Mortgage amount = $360,000 - $50,000 = $310,000

Formula for monthly payment =

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

M = the total monthly mortgage payment.

P = the principal loan amount.

r = your monthly interest rate.

= rate/12

=5.25%/12 = 0.0525/12

= 0.004375

n = number of payments

= number of years × number of months

= 20 × 12 = 240 payments

Formula for monthly payment =

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

M = 310,000[0.004375(1 + 0.004375)^240/((1 + 0.004375)^240 ) - 1]

M = $2,088.92

Therefore, the monthly payment by the Lee's is $2,088.92

Step 2

We calculate the Total Amount paid by the Lee's in 20years because we are told in the question that they paid off their mortgage after 20 years

Total Amount paid = Monthly payments × Number of payments

= $2,088.92 × 240

= $501,340.80

Step 3

The third and final step is to calculate the Total interest paid for 20 years

Total Interest = Total amount paid - Mortgage amount

= $501,340.80 - $310,000

Total Interest: $191,340.80

Therefore,the interest will they have paid in total is $191,340.80

6 0
3 years ago
What is 9.15 to the nearest tenth
tiny-mole [99]
The answer is 9.2, because when the number behind the number being rounded is 5 or above, you round up. if the number was 9.14, it would be rounded down to 9.1 :)
6 0
2 years ago
The area of circle is 64 square meters.What is the radius?
Mrac [35]

Answer:

radius=8

Step-by-step explanation:

3 0
2 years ago
Read 2 more answers
Pls hurry will give brainlyest or whatever !!!
abruzzese [7]

Answer:

26

Step-by-step explanation:

10+(10x3)-2(10-3)=

10+30+-2(7)=

40-14=

26

4 0
2 years ago
Sandy drives in town at a rate of 25 miles per hour. It takes her 15 minutes to drive to the store. How far is it to the store?
Phantasy [73]

Answer: 6.25 miles

Step-by-step explanation:

Convert the 15 minutes to 1/4 hr or .25

now multiply 25*.25=6.25 miles

6 0
3 years ago
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