1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Simora [160]
2 years ago
15

The home for sale is listed at $150,000.00. They have $30,000.00 for a down payment and are qualified for a fixed rate 30-year m

ortgage with an annual interest rate of 4.2%.
The rental home is currently $900.00 per month, with rent expected to increase approximately $75.00 every 4 years.

What is the total first-year cost when renting the home?
a. 10,800.00
b. 11,400.00
c. 11,200.00
d. 900.00
Mathematics
2 answers:
Murrr4er [49]2 years ago
8 0

Answer:

  • A. $10800

Step-by-step explanation:

The rental is $900 per month and no change during the first year.

<u>Total rental cost for the first year:</u>

  • 12*900 = 10800

Correct choice is A

klio [65]2 years ago
3 0

Answer:

Estimate: $900.00

Step-by-step explanation:

This cannot be A, B, or C, as it won't make sense with the increase of 75$ each 4 years, with 30K down payment,

You might be interested in
The manager of a supermarket would like to determine the amount of time that customers wait in a check-out line. He randomly sel
garri49 [273]

Complete question:

The manager of a supermarket would like to determine the amount of time that customers wait in a check-out line. He randomly selects 45 customers and records the amount of time from the moment they stand in the back of a line until the moment the cashier scans their first item. He calculates the mean and standard deviation of this sample to be barx = 4.2 minutes and s = 2.0 minutes. If appropriate, find a 90% confidence interval for the true mean time (in minutes) that customers at this supermarket wait in a check-out line

Answer:

(3.699, 4.701)

Step-by-step explanation:

Given:

Sample size, n = 45

Sample mean, x' = 4.2

Standard deviation \sigma = 2.0

Required:

Find a 90% CI for true mean time

First find standard error using the formula:

S.E = \frac{\sigma}{\sqrt{n}}

= \frac{2}{\sqrt{45}}

= \frac{2}{6.7082}

SE = 0.298

Standard error = 0.298

Degrees of freedom, df = n - 1 = 45 - 1 = 44

To find t at 90% CI,df = 44:

Level of Significance α= 100% - 90% = 10% = 0.10

t_\alpha_/_2_, _d_f = t_0_._0_5_, _d_f_=_4_4 = 1.6802

Find margin of error using the formula:

M.E = S.E * t

M.E = 0.298 * 1.6802

M.E = 0.500938 ≈ 0.5009

Margin of error = 0.5009

Thus, 90% CI = sample mean ± Margin of error

Lower limit = 4.2 - 0.5009 = 3.699

Upper limit = 4.2 + 0.5009 = 4.7009 ≈ 4.701

Confidence Interval = (3.699, 4.701)

5 0
3 years ago
(2x² + 3x + 2)-( x² - 4x - 1)
Scorpion4ik [409]

Answer:69

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
Robert sketches two rectangular prisms, A and B. Prism A's side lengths are 5 centimeters, 6 centimeters, and 7 centimeters. Pri
erik [133]

Answer:

90

Step-by-step explanation:

10+67

7586+65

576845=8757685

2+88=90

4 0
3 years ago
A student used his place value chart to show a number. After the teacher instructed him to divide his number by 100,the chart sh
NeX [460]

When you divide by 100 you are essentially moving the decimal of the number two places to the left. In undoing this you would have to move the decimal of the number two places to the right.

28.003 would then turn into 2,800.3

Unfortunately I cannot draw a chart on here but that is the best I can do.

5 0
3 years ago
Read 2 more answers
Lines e and f are parallel. The mAngle9 = 80° and mAngle5 = 55°. Parallel lines e and f are cut by transversal c and d. All angl
brilliants [131]

Answer:

(A)m\angle 2=125^\circ\\(C)m\angle 8=55^\circ\\(E)m\angle 14=100^\circ

Step-by-step explanation:

The diagram of the problem is drawn and attached.

Given that:

m\angle 9 =80^\circ\\m\angle 5 =55^\circ

m\angle 5+ m\angle 6=180^\circ\\55^\circ+ m\angle 6=180^\circ\\m\angle 6=180^\circ-55^\circ\\m\angle 6=125^\circ\\$Now:\\m\angle 6 = m\angle 2 $(Corresponging angles)\\Therefore m\angle 2=125^\circ\\

m\angle 5= m\angle 8=55^\circ $(Vertically Opposite Angles)

Also

m\angle 9+ m\angle 10=180^\circ\\80^\circ+ m\angle 10=180^\circ\\m\angle 10=180^\circ-80^\circ\\m\angle 10=100^\circ\\$Now:\\m\angle 10 = m\angle 14 $(Corresponging angles)\\Therefore m\angle 14=100^\circ\\

4 0
3 years ago
Read 2 more answers
Other questions:
  • ×
    10·1 answer
  • If Juan deposits $4,600 in a saving account that earns 3.8% compound continuously, how much money should he expect to be in the
    10·2 answers
  • An iguana at a pet store is 5 feet long measurements for iguana cages are given in inches. How many inches long is the iguana?
    8·2 answers
  • Bruce and Robbie each open new bank accounts at time 0. Bruce deposits $100 into his bank account, and Robbie deposits $50 into
    7·1 answer
  • Find dy/dt at x = -2 if y = -2x^2 - 5 and dx/dt = -5<br><br> dy/dt = ???
    14·1 answer
  • Help!!!URGENT DUE SOON AND SHOW WORK
    14·1 answer
  • i need help plessssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss.
    7·1 answer
  • Pleasee help I don't understand ​
    14·2 answers
  • What is the solution to the system y=4x+3 y=-1/4x+3
    5·1 answer
  • A building in a city has a rectangular base. the length of the base measures 65 ft less than twice the width. the perimeter of t
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!