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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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How would you eliminate the
Nimfa-mama [501]

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Multiply each term by LCM of 3 and 4 which is 12

Step-by-step explanation:

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Please help with 6 and 7
Ilya [14]

Answer:

6. The number is -5

7. The two numbers are 10 and 11

Step-by-step explanation:

Question six can be re-worded to create the following expression:

-2=\frac{4x+10}{5}

Solve for x to find the number:

-2=\frac{4x+10}{5}\\-10=4x+10\\-20=4x\\\frac{-20}{4} = x\\-5 = x

Question seven can be solved by first listing the constraints (assuming x is smaller than y):

  1. x and y are less than 20
  2. x + 1 = y
  3. 3x - 8 = 2y

To get the numbers, we can create a system of linear equations. First, solve for y in each expression:

y = x+1

2y = 3x-8\\y = \frac{3}{2}x - 4

Solve for x:

x+ 1 = \frac{3}{2}x - 4\\x + 5 = \frac{3}{2}x\\5 = \frac{3}{2}x - x\\5 = \frac{1}{2}x\\10 = x

Solve for y:

y = x + 1\\y = 10 + 1\\y= 11

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Identify the number that does not belong with the other three. Explain your reasoning. 26.6 repeating 6, square root 48, negativ
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