Answer:
If Dominic buys 2 points (2% of the loan value) he will get a better rate and hence less payment. The question is asking how long will it take him to save the initial investment of 2% of the loan value due to a smaller payment. The monthly payment at 5.45% is $1,146.43, the monthly payment for 5.2% is $1,118.66. This is a difference of $27.77 per month. The 2 points will cost him $3,752.00. The question is asking how long will it take Dominic to re-coup his $3,752.00 if he saves $27.77 per month. Just divide the 2 numbers and you get 135.10 months. If you divide that by 12 you get 11.26 years, which is roughly 11 years, 4 months.
Step-by-step explanation:
Here is what the question is asking. If Dominic buys 2 points (2% of the loan value) he will get a better rate and hence less payment. The question is asking how long will it take him to save the initial investment of 2% of the loan value due to a smaller payment. The monthly payment at 5.45% is $1,146.43, the monthly payment for 5.2% is $1,118.66. This is a difference of $27.77 per month. The 2 points will cost him $3,752.00. The question is asking how long will it take Dominic to re-coup his $3,752.00 if he saves $27.77 per month. Just divide the 2 numbers and you get 135.10 months. If you divide that by 12 you get 11.26 years, which is roughly 11 years, 4 months.
Answer:
Step-by-step explanation:
1) The center lies on the vertical line x = -5 and the the circle is tangent to (touches in one place only) the y-axis. Thus, the radius is 5.
2) Starting with (x - h)^2 + (y - k)^2 = r^2 and comparing this to the given
(x - 4)^2 + (y + 3)^2 = 6^2
we see that h = 4, k = -3 and r = 6. The center is at (4, -3) and the radius is 6.
3) Notice that A and B have the same x-coordinate, x = 15. The center of the circle is thus (15, -2), where that -2 is the halfway point between the two given points in the vertical direction. Arbitrarily choose A(15, 4) as one point on the circle. Then the equation of this circle is
(x - 4)^2 + (y + 3)^2 = r^2 = 6^2, where the 6 is one half of the vertical distance between A(15, 4) and B(15, -8) (which is 12).
The answer is 12 1/4. how I got my answer.
Their are 4 quarters to a whole, so that means all I have to do is multiply 4×3=12, then add 1/4+12= 12 1/4.
I hope this helps!
Answer:
$40.4
Step-by-step explanation:
The regular price of the fishing rod is $97
There is a 60% discount from that price.
The discount is equal to 60% of $97 which is equal to .60 * $97 which is equal to $58.2
Discount is like a markdown, so subtract $58.2 from the price of the item before the change to get $97 - $58.2 = $38.8
This is the price of the item before tax is applied.
Now you apply the sales tax of 4%.
4% of $38.8 is equal to .04 * $38.8 which is equal to $1.552
Tax is like a markup, so add $1.552 to the price of the item before tax was applied to get a selling price of $38.8 + $1.552 which is equal to $40.352
Round it up and the answer is $40.4
Answer:
= 9.2 cm
Step-by-step explanation:
D = C ÷ π
= 29cm ÷ 3.14
= 9.2356
= 9.2 cm
