. Let me do my best.
<span>$187,500 is cost of house. </span>
<span>20%, or $37,500 is the down payment. </span>
<span>The loan amount would be $187,500 - $37,500 = $150,000. </span>
<span>If we assume the annual rate of the loan is 4.65% </span>
<span>Then the monthly rate would be 4.65%/12 = 0.3875% </span>
<span>If the loan is $150,000, the interest is 0.3875% </span>
<span>The interst for the first month is $150,000 * 0.3875% = $581.25. </span>
<span>You stated that their payment is $1,575. </span>
<span>So the amount that pays off the loan is $1,575 - $581.25 = $993.75. </span>
<span>At the end of the month, they owe $150,000 - $993.75 = $149,006.25 </span>
<span>For the second month, the amount of the payment that goes towards interst is </span>
<span>$149,006.25 * 0.3875% = $577.40. and the amount that goes towards the loan is $997.60. </span>
<span>At the end of the second month they owe $148,008.65. </span>
<span>Regarding realized income, we recommend a monthly loan payment not to exceed 28% of the monthly income. So if a payment of $1,575 is 28% of Gross, then the math is : $1,575 = 0.28*Gross. </span>
<span>Gross = $5,625 monthly. </span>
<span>About $67,500 annually. </span>
<span>About $33.75 an hour.</span>
Answer:
It would not change
Step-by-step explanation:
Because if you add you get the same thing
Answer:
f^-1(x) = (x/8)^(1/5) is a function
Step-by-step explanation:
The inverse of a function is the function reflected across the line y=x. This results in the coordinate points (x,y) of the function becoming (y,x) for the inverse function. Algebraically to find the inverse, switch the x and y locations and solve for y.
y = 8x^5
x = 8y^5
x/8 = y^5
(5)√(x/8) = y
This is a fifth root of (x/7) also written in exponents as y = (x/8)^(1/5).
This is a function. While it appears not to be a function because the middle portion over the origin appears vertical, it is a function because the middle portion over the origin is changing and graphing software shows it has no input with more than one output. Without graphing software you would rule it is not a function.
8x + 3 - 2(6 + 3x)
8(-6) + 3 - 2(6 + 3(-6))
-48 + 3 - 2(6 - 18)
-48 + 3 - 2(-12)
-45 + 24
-21
Answer:
Step-by-step explanation:
A colony contains 1500 bacteria. The population increases at a rate of 115% each hour. If x represents the number of hours elapsed, which function represents the scenario?
f(x) = 1500(1.15)x
f(x) = 1500(115)x
f(x) = 1500(2.15)x
f(x) = 1500(215)x
The answer to this problem is a f(x) = 1500(2.15)x