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son4ous [18]
3 years ago
10

You want to buy a $200,000 home. You plan to pay 10% as a down payment, and take out a 30 year loan for the rest. a. How much is

the loan amount going to be? b. What will your monthly payments be if the interest rate is 5%? c. What will your monthly payments be if the interest rate is 6%?
Mathematics
1 answer:
Mashutka [201]3 years ago
3 0

Answer:

110,000 dollars for the loan

Step-by-step explanation:

You might be interested in
A lab technician needs 60mL of 25% acid solution for a certain experiment , but he has only 10% solution and 40% solution. How m
V125BC [204]

Answer:

  • 10%: 30 mL
  • 40%: 30 mL

Step-by-step explanation:

The needed concentration is exactly halfway between the available concentrations, hence they must be mixed equally.

He should mix 30 mL each of the 10% and 40% solutions.

_____

The first step in solving any problem is to look at the given information, and at what is being asked for. Here, the mix that is being asked for is exactly halfway between the given concentrations, so you know without any further contemplation that the mix will be 50%/50% of each.

__

If the mix were something else, there are several ways the problem can be solved. I like to use a diagram that puts the available concentrations on the left in a column with the highest on top, the needed concentration in the next column in the middle, and the differences of these numbers on the diagonals in the right column.

<u>Example</u>: if the needed mix is 15%, the diagram would look like ...

   40            5

          15

   10           25

The numbers on the right tell you the proportions required (5:25 = 1:5). For this example, you need 1 part 40% solution and 5 parts 10% solution to make a mix that is 15%. That's a total of 6 parts, so each "part" is 10 mL for 60 mL of solution.

We chose this example so every number in the diagram is different, so you could see how the instructions for use apply.

__

Another way to solve this is to let a variable represent the amount needed of <em>the highest concentration</em>. If we let that variable be x, for the given problem, we can write the equation for the amount of acid in the mix as ...

  40%(x) + 10%(60 -x) = 25%(60)

  0.30x = 9 . . . . . . . . subtract 6, simplify

  x = 9/0.30 = 30 . . . . . mL of 40% solution

6 0
3 years ago
Green Leaf Lawn Care had 64 customers under contract at the start of the year. The company's owner expects his new radio adverti
IRINA_888 [86]

Answer:

C. c = 64 + 2w

Step-by-step explanation:

You're starting with 64 customers and you're gaining 2 for each week.

<em>good luck, i hope this helps :)</em>

3 0
3 years ago
Read 2 more answers
The ratio of two numbers is 2/3. The sum of the numbers is 105. What are the two numbers?
Pepsi [2]
A) x/y = 2/3
B) x + y = 105
Solving Equation A for y
A) y = 1.5x
Substituting A into B
B) x + 1.5x = 105
2.5x = 105
x = 42
y = 63


8 0
3 years ago
Mississippi has the lowest median income at 40.6 thousand dollars. Mississippi also has about 207 bachelor’s degrees per 1,000 p
horsena [70]

Answer:

178

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
One increased by 7 times a number is the same as 5 times the number plus 25
sammy [17]

Answer:

12

Step-by-step explanation:

Let the number = x

7x + 1 = 5x + 25                 Subtract 5x from both sides.

7x - 5x + 1 = 5x - 5x + 25   Combine

2x + 1 = 25                          Subtract 1 from both sides.

2x + 1 - 1 = 25-1                   Combine

2x = 24                               Divide by 2

2x/2 = 24/2

x = 12

4 0
3 years ago
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