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Delicious77 [7]
2 years ago
9

Sara is trying to decide if she wants to buy a home for $150,000 with a 20 year mortgage and an APR of 4.75% or to rent an apart

ment for $2,100 monthly rent that has an annual increase of 2%. If she goes with the house she will also have to put a 15% down payment.
How much is her 15% down payment?
What would Sara's monthly mortgage payment be after the down payment? ROUND TO THE NEAREST DOLLAR
If she pays that every month for for 3 years how much will she end up in total in mortgage payments? $
How much will she end up paying in total over those 3 years if she buys a home? (down payment + total mortgage payments) $
Create a chart to see Sara's rent for 3 years, how much will she end up paying in 3 years in rent? Round to the nearest dollar$
Which is cheaper in this scenario for 3 years?? (renting or buying a home? )
Mathematics
2 answers:
olganol [36]2 years ago
8 0

Answer:

renting the home

Step-by-step explanation:

through much calculation buying a home is 10% more expensive.

Stels [109]2 years ago
8 0
Stay with me lil b yea u know I’m ur mans
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The graphs of functions f(x) and g(x) = f(x) + k are shown below:
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Here's the info for f(x):  We are going to find the slope of the line and then write the equation for the line using one of the given points.  The coordinate points we are given are (0, 0) and (2, 4).  Using the slope formula:
m= \frac{y_{2} - y_{1} }{ x_{2}- x_{1}  }
gives us a slope equation of:
m= \frac{4-0}{2-0} and the slope is 2.  Using the point (0, 0) to write the equation of the line for f(x) looks like this in the slope-intercept form of the equation:
y- y_{1} =m(x- x_{1}) where m is the sloppe of 2 that we found and y_{1}  and  x_{1}  are the coordinates of one of the points.  It doesn't matter which one you choose; you will get the same answer whether you use (0, 0) or (2, 4): y-0=2(x-0)   Distributing that 2 into the parenthesis and simplifying gives you the equation of y = 2x, or in our function notation, f(x) = 2x.  Since f(x) is the first part of g(x), so far for g(x) we have that g(x) = 2x + k.  Now we will do the same thing for g(x) that we did for f(x) as far as writing its equation down; we don't need to find the slope cuz the slope of g(x) is the function f(x).  The equation for g(x), using the point (0, 2) (again, you could have used either point; I just picked (0, 2) cuz the other one has a decimal in it!): y - 2 = 2(x - 0).  Distributing that 2 into the parenthesis gives you this: y - 2 = 2x - 0; y = 2x + 2.  So 2 is your k value!

7 0
3 years ago
Read 2 more answers
Lillian is going to invest in an account paying an interest rate of 5.7% compounded continuously. How much would Lillian need to
Tems11 [23]

Answer: $5156

Step-by-step explanation:

Given

The rate of interest is 5.7%

time t=7 years

Amount after 7 years, A=\$7600

for compound interest, the Amount is given by

\Rightarrow A=P(1+\frac{r}{100})^T

Put values

\Rightarrow 7600=P(1+0.057)^7\\\\\Rightarrow P=\dfrac{7600}{(1.057)^7}=5,155.71\\\\\Rightarrow P\approx \$5156

5 0
2 years ago
What are the zeros of f(x) = x2 - x - 30?
Grace [21]

Answer:

the answer is x = -6 and x =5

just took the test

5 0
3 years ago
Given two independent random samples with the following results: n1=8x‾1=186s1=33 n2=7x‾2=171s2=23 Use this data to find the 90%
KonstantinChe [14]

Answer:

The point of estimate for the true difference would be:

186-171= 15

And the confidence interval is given by:

(186-171) -1.77 \sqrt{\frac{33^2}{8} +\frac{23^2}{7}}= -10.753

(186-171) +1.77 \sqrt{\frac{33^2}{8} +\frac{23^2}{7}}= 40.753

Step-by-step explanation:

For this case we have the following info given:

\bar X_1 = 186 the sample mean for the first sample

\bar X_2 = 171 the sample mean for the second sample

s_1 =33 the sample deviation for the first sample

s_2 =23 the sample deviation for the second sample

n_1 = 8 the sample size for the first group

n_2 = 7 the sample size for the second group

The confidence interval for the true difference is given by:

(\bar X_1 -\bar X_2) \pm t_{\alpha/2}\sqrt{\frac{s^2_1}{n_1} +\frac{s^2_2}{n_2}}

We can find the degrees of freedom are given:

df = n_1 +n_2 -2 =8+7-2= 13

The confidence level is given by 90% so then the significance would be \alpha=1-0.9=0.1 and \alpha/2=0.05 we can find the critical value with the degrees of freedom given and we got:

t_{\alpha/2}= \pm 1.77

The point of estimate for the true difference would be:

186-171= 15

And replacing into the formula for the confidence interval we got:

(186-171) -1.77 \sqrt{\frac{33^2}{8} +\frac{23^2}{7}}= -10.753

(186-171) +1.77 \sqrt{\frac{33^2}{8} +\frac{23^2}{7}}= 40.753

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2 years ago
How many vertices does a hexagonal prism have?
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