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cluponka [151]
2 years ago
11

You can afford a $1150 per month mortgage payment. You've found a 30 year loan at 8: interest compounded monthly. a) How big of

a loan can you afford?​
Mathematics
1 answer:
jarptica [38.1K]2 years ago
3 0

Answer:

PV= Max Loan amount = PMT*B(i,T) and PMT = 1200. Calculate B(i,T) = B(6%/12, 360)

=(12/.06)(1-(1/(1.005))360)  I will let you complete the calculation

Step-by-step explanation:

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the bottom right one

Step-by-step explanation:

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The base of a parallelogram is 18 inches longer than three times the height. The area of the parallelogram is 216 square inches.
nordsb [41]

Answer:

12 inches

Step-by-step explanation:

Let b represent the base

h represents the height

area of the parallelogram = base * height = 216 square inches

From the question'

b = 18 + 3h

Slot in the value of b

216 = (18 + 3h) * h

expand

216 = 18h + 3h^2

subtract 216 from both sides

0 = 18h + 3h^2 - 216

rearrange

3h^2 + 18h - 216 = 0

divide through by 3

h^2 + 6h - 72 = 0

Now, lets solve!

h^2 + 6h - 12h - 72 = 0

h( h + 6 ) - 12(h + 6) = 0

(h - 12) (h + 6) = 0

h - 12 = 0

h = 12

and

h + 6 = 0

h = - 6

Taking the positive value of h

Hence, the height is 12 inches

Lets check

when h = 12 inches

Area of the parallelogram = 18* 12 = 216 square inches     .... correct

when h = -6inches

A = 18 * -6 ≠  216 square inches

So height is 12 inches

5 0
3 years ago
Please this is overdue​
andre [41]

P=12

A=15

brainiest plizz?

3 0
2 years ago
Read 2 more answers
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