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Fofino [41]
2 years ago
14

A couple can afford to make a monthly mortgage payment of $700. If the mortgage rate is 2% and the couple intends to secure a 30

-year mortgage, how much can they borrow?
Mathematics
1 answer:
Sever21 [200]2 years ago
5 0
<h3>Answer:    $189,383.96</h3>

========================================================

Explanation:

  • r = 0.02 = decimal form of 2% annual interest
  • i = monthly interest rate
  • i = r/12 = 0.02/12 = (2/100)/12 = 1/600.
  • n = number of months = 12*30 = 360
  • P = monthly payment = 700

We'll plug those items into the formula below.

L = loan amount

L = P*( (1+i)^n - 1)/( i*(1+i)^n )

L = 700*( (1+1/600)^360 - 1 )/( 1/600*(1+1/600)^360 )

L = 189,383.961539639

L = 189,383.96

The couple can afford to borrow at most $189,383.96

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I need to know the surface area of these
anastassius [24]

9514 1404 393

Answer:

  245 cm²

Step-by-step explanation:

The surface area of a cone is given by ...

  SA = πr(r +s) . . . . where r is the radius, and s is the slant height

Filling in the given values, we have ...

  SA = (3.14)(3 cm)(3 cm +23 cm) = (3.14)(3)(26) cm² ≈ 245 cm²

The surface area of the cone is about 245 cm².

6 0
2 years ago
Question attached plz answer
Bezzdna [24]

Answer:

x = - 2.5

Step-by-step explanation:

Given that the sketch represents

y = x² + bx + c

The graph crosses the y- axis at (0 , - 14), thus c = - 14

y = x² + bx - 14

Given the graph crosses the x- axis at (2, 0), then

0 = 2² + 2b - 14

0 = 4 + 2b - 14 = 2b - 10 ( add 10 to both sides )

10 = 2b ( divide both sides by 2 )

b = 5

y = x² + 5x - 14 ← represents the graph

let y = 0 , then

x² + 5x - 14 = 0 ← in standard form

(x + 7)(x - 2) = 0 ← in factored form

Equate each factor to zero and solve for x

x + 7 = 0 ⇒ x = - 7

x - 2 = 0 ⇒ x = 2

The x- intercepts are x = - 7 and x = 2

The vertex lies on the axis of symmetry which is midway between the x- intercepts, thus

the x- coordinate of the turning point is \frac{-7+2}{2} = \frac{-5}{2} = - 2.5

8 0
3 years ago
If you wanted to use the numeric key pad to divide 100 by 2, you would type _____.
Nookie1986 [14]
If you wanted to use the numeric key pad to divide 100 by 2, you would type D. 100/2. This is because the / sign is used for division on like a calculator or on the web page. It also can stand for a fraction but here it would stand for dividing. 100/2 = 100 ÷ 2.
6 0
3 years ago
Read 2 more answers
A gas tank has a leak. Each hour it loses 3 gallons of gas. Write the equation that represents how much gas, g , the tank loses
zhenek [66]
Let t is the amount of time that the gas is leaking (hour), g is the total of the gas leak.

g = 3t. 
7 0
3 years ago
Suppose the inside bottom of a box is painted with three colors: one-third of the bottom area is blue, one-sixth is red, and one
miss Akunina [59]

Answer:

The probability that the pebble will NOT land on color blue is 0.67.

Step-by-step explanation:

We attribute the box area as the probability of the events.

So the probability of landing in the Red Area is 1/6, the probability of landing in the Blue Area is 1/3 and the probability of landing in the Yellow Area is 1/2.

P(Red)=\frac{1}{6}

P(Yellow)=\frac{1}{2}

P(Blue)=\frac{1}{3}

The probability of landing in NOT Blue area is given by:

P(Not Blue)=1-P(Blue)=1-\frac{1}{3}=\frac{2}{3} =0.67

8 0
3 years ago
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