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Alex777 [14]
2 years ago
13

Zack took out a 30-year mortgage for $70,000 at 9%. How much is his monthly mortgage payment? please explanation.. I assume $630

,000
Mathematics
1 answer:
BartSMP [9]2 years ago
8 0

Answer:

  $563.24

Step-by-step explanation:

The monthly payment on a mortgage loan is found using the amortization formula:

  A = P(r/12)/(1 -(1 +r/12)^(-12t))

where A is the monthly payment on a loan of P at interest rate r for t years.

Filling in the given values, we find the payment to be ...

  A = $70,000×(0.09/12)/(1 -(1 +0.09/12)^(-12·30)) ≈ $563.236

The monthly payment is about $563.24.

_____

<em>Additional comment</em>

Many graphing calculators and all spreadsheets have functions that will do this calculation for you.

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kolezko [41]

Answer:

radius = 5 cm

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Volume = 261.8 cm³

Step-by-step explanation:

Radius (r) = 5 cm

Height (h) = 10 cm

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Plug in the values

V = ⅓*π*5²*10

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3 years ago
A rectangular park is 50 meters wide and 90 meters long. Give the length and width of another rectangular park that has the same
larisa [96]

Answer:

l = 100\,m and w = 40\,m

Step-by-step explanation:

The formulas for the area and perimeter of a rectangle are, respectively:

A = w\cdot l

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p = 280\,m

Area is likewise equal to:

A = (50\,m)\cdot (90\,m)

A = 4500\,m^{2}

Then, equations are now described:

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Likewise, the equation of area is simplified afterwards:

A = (140\,m - l)\cdot l

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

This statement is true because the quality of a product is not a measure of its size, which is a quantifiable factor. This means that we can have a very small-sized product which has very good quality. Size also depends on the product being manufactured. Quality is rather measured by how good the materials used in the production are.

If inferior materials are used in the production, then the product, no matter how small or big they are, would lack quality. To obtain a good and accurate measurement, a lot of time and energy should be invested.

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What is the circumference of earth's equator?
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40,075 kilometers

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The distance around the Earth at the Equator, its circumference, is 40,075 kilometers

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