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Debora [2.8K]
3 years ago
12

Julie and Brian are financing $245,000 to purchase a house. they obtained a 30/5 balloon mortgage at 5.25%. What will their ball

oon payment be?

Mathematics
1 answer:
balandron [24]3 years ago
6 0
This question had the following choices:
<span>A) $223,884.91
B) $226,753.98
C) $229,679.66
D) $234,068.73</span>

I used the Online Balloon Payment Loan Calculator and got this amount $226,753.92. This is nearest to Choice B.

For manual computation, use this formula in the 2nd attachment.

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32% is about the same as 1/4, 1/3, 3/5, 3/2.
Vlad1618 [11]
1/3 I do believe because it’s really close
6 0
3 years ago
What is the exact value of <img src="https://tex.z-dn.net/?f=tan%5Cfrac%7B11%5Cpi%20%7D%7B12%7D" id="TexFormula1" title="tan\fra
AnnyKZ [126]

Notice that

11/12 = 1/6 + 3/4

so that

tan(11π/12) = tan(π/6 + 3π/4)

Then recalling that

sin(x + y) = sin(x) cos(y) + cos(x) sin(y)

cos(x + y) = cos(x) cos(y) - sin(x) sin(y)

⇒   tan(x + y) = (tan(x) + tan(y))/(1 - tan(x) tan(y))

it follows that

tan(11π/12) = (tan(π/6) + tan(3π/4))/(1 - tan(π/6) tan(3π/4))

tan(11π/12) = (1/√3 - 1)/(1 + 1/√3)

tan(11π/12) = (1 - √3)/(√3 + 1)

tan(11π/12) = - (√3 - 1)²/((√3 + 1) (√3 - 1))

tan(11π/12) = - (4 - 2√3)/2

tan(11π/12) = - (2 - √3) … … … [A]

8 0
2 years ago
ETF is an example of
Elena-2011 [213]
I believe the answer would be B. money market funds.
7 0
3 years ago
Is this correct? pls be sure of yourself. if you arent, pls check
Elza [17]

Answer:

Yes It Is.

Step-by-step explanation:

8 0
3 years ago
<img src="https://tex.z-dn.net/?f=if%20%5C%3A%20100%20%7B%20%5C%3A%20%20%7D%5E%7B2%7D%20%20%5C%3A%20%20%3D%20251p%20%5C%3A%20sol
Nikolay [14]
= 39.84
:
100^2=251
10000=251
ℎ
251 ℎ
10000/251=251/251
39.84=1
39.84=
8 0
3 years ago
Read 2 more answers
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