Jade and Jackson are considering a $210,000 mortgage for 30 years at 5.7%. With this information, their monthly payment would be $1218.84.

If they make only the minimum payment each month, what is the total payback of this loan?

How much of this total payback is interest?

Answers

Answer 1

Answer:

Jade and Jackson

The total payback of this loan = $438,782.72

The interest of this total payback is $228,782.72

Step-by-step explanation:

a) Data and Calculations:

Mortgage = $210,000

Interest rate of mortgage = 5.7%

Monthly payment = $1,218.84

Using an online calculator for Mortgage Payoff, the Original Payoff Schedule  is:

Monthly Pay = $1,218.84

Total Payments = $438,782.72

Total Interest = $228,782.72

Answer 2

Answer:

Step-by-step explanation:

1218.84⋅12⋅30=$438,782.40

The total interest paid is the total payback less the amount borrowed.

$438,782.40−$210,000=$228,782.40


Related Questions

Olivia buys 4 masks that each cost the same amount and a scarecrow. She spent a total of $176.75. If the scarecrow costs $56.75, write an equation she can use to find the cost of each mask. * 10 points 4m + 56.75 = 176.75 5m + 56.75 = 176.75 4m - 56.75 = 176.75 5m - 56.75 = 176.75

Answers

4m+56.75=176.75

Solve the equation to find the cost of each mask.

Which equation represents the unit fraction shown in the diagram? A grid model with 100 squares. 20 squares are shaded.

Answers

Answer:

20 over 100 = 1 over 5

Step-by-step explanation:

1 point
3. A bus driver stops at a gas station to put some gasoline in the bus. He
pays $2.48 per gallon for 15 gallons of gas. How much did he pay for the
gas?

Answers

hmmm i think it’s $37.20

Paige bought a handbag for $49.75. Nevaeh spent 2.5 times more on her handbag, while Naomi spent 3.5 times more than Paige on her handbag. How much total money was spent on the three handbags?

Answers

Answer:

Total money: $348.26

Step-by-step explanation:

Paige: $49.75

Nevaeh: 2.5*$49.75

Naomi: 3.5*$49.75

2.5*49.75 = 124.38

3.5*49.75 = 174.13

(I rounded the cents up.)

124.38

174.13

+49.75

$348.26

Hope this helps!! Have an awesome day C:

Prime number between 60 and 80 with the 10’s digit being one less than the 1st digit

Answers

It would be 89.

You can also just look up a list of prime numbers online.

Solve for n. 8^ 12÷8^3=8^n​

Answers

Answer:

9[tex]\frac{8^{12}}{8^3}=8^n\quad :\quad n=9[/tex]

Step-by-step explanation:

Over a nine-month period, OutdoorGearLab tested hardshell jackets designed for ice climbing, mountaineering, and backpacking. Based on the breathability, durability, ver-satility, features, mobility, and weight of each jacket, an overall rating ranging from 0 (lowest) to 100 (highest) was assigned to each jacket tested. The following data show the results for 20 top-of-the line jackets (OutdoorGearLab website, February 27, 2013).
42 66 67 71 78 62 61 76 71 67
61 64 61 54 83 63 68 69 81 53
a. Compute the mean, median, and mode.
b. Compute the first and third quartiles.
c. Compute and interpret the 90th percentile.

Answers

Answer:

(a) The mean is 65.9, the median is, 66.5 and the mode is. 61.

(b) The first and third quartiles are 61 and 71 respectively.

(c) The value of the 90th percentile is, 78.3.

Step-by-step explanation:

The ratings of 20 top-of-the line jackets, arranged in ascending order are as follows:

S = {42 , 53 , 54 , 61 , 61 , 61 , 62 , 63 , 64 , 66 , 67 , 67 , 68 , 69 , 71 , 71 , 76 , 78 , 81 , 83}

(a)

Compute the mean as follows:

[tex]\bar x=\frac{1}{n}\sum\limits^{n}_{i=1}{x_{i}}=\frac{1}{20}\times 1318=65.9[/tex]

Compute the median as follows:

For an even number of values the median is the average of the middle two values.

[tex]M=\frac{10^{th}obs.+11^{th}obs.}{2}=\frac{66+67}{2}=66.5[/tex]

Compute the mode as follows:

The mode of a dataset is the term that occurs most of the time.

[tex]m=61[/tex]

Thus, the mean is 65.9, the median is, 66.5 and the mode is. 61.

(b)

The first quartile is the median of the first half of the data set.

S₁ = {42 , 53 , 54 , 61 , 61 , 61 , 62 , 63 , 64 , 66}

[tex]Q_{1}=\text{Median of }S_{1}=\frac{5^{th}obs.+6^{th}obs.}{2}=\frac{61+61}{2}=61[/tex]

The third quartile is the median of the second half of the data set.

S₂ = {67 , 67 , 68 , 69 , 71 , 71 , 76 , 78 , 81 , 83}

[tex]Q_{3}=\text{Median of }S_{2}=\frac{15^{th}obs.+16^{th}obs.}{2}=\frac{71+71}{2}=71[/tex]

Thus, the first and third quartiles are 61 and 71 respectively.

(c)

The pth percentile is a data value such that at least p% of the data set is less-than or equal to this data value and at least (100 - p)% of the data-set are more-than or equal to this data value.

Use the Excel formula "=PERCENTILE.INC(array,0.9)" to compute the 90th percentile.

The value of the 90th percentile is, 78.3.

This value implies that 90% of the ratings are less than 78.3.

Whats (2^–1)^3 with the same base but one exponent??

Answers

Step-by-step explanation:

[tex] ({2}^{ - 1} )^{3} [/tex]

[tex] {2}^{ - 3} [/tex]

........

Answer:

2^-3

Step-by-step explanation:

When multiplying two exponents with the same base, we basically add the exponents.

Which system of equations is equivalent to the following system?
4x + y = 4
2x + 7y = 28

Answers

Answer:

the third one

-28x-7y=-28

2x+7y=28

Step-by-step explanation:

for the first one, the 2x+7y=28 is being multiplied by -1, but its not being distributed correctly (28 is incorrect, it should be -28)

for the second one, the 2x+7y=28 is being multiplied by -4, but again, is not being distributed correctly (112 is incorrect, it should be -112)

for the fourth one, 4x+y=4 is being multiplied by -2, but its not being distributed correctly (8 is incorrect, it should be -8)

The system of equations equivalent to the given system is -28x -7y = -28, 2x + 7y = 28, the correct option is C.

What is System of Equation?

The system of equation is set of equations which have a common solution.

The system of equation is,

4x +y = 4

2x +7y =28

The equations can be solved using Substitution method, elimination method and by plotting the graph.

In substitution method, the value of one variable from an equation is substituted in the other equation.

4x +y = 4

y = 4 - 4x

This will be substituted in the equation 2

2x + 7 (4-4x) = 28

2x +28 - 28x  = 28

-26x = 0

x = 0

Putting this value in equation 1 , y = 4.

In elimination method, one of the variable is eliminated to solve the system of equation.

To eliminate y, the equation 1 will be multiplied by -7,

-28x -7y = -28

2x + 7y = 28

This is equivalent to the original system of equation.

Adding the equations will yield

-26x = 0

x = 0

y = 4.

To know more about System of Equations

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your soccer team isn’t holding a silent auction dinner as a fundraiser to pay for school uniforms. The list shows all the expenses for the silent auction, 1) a tablet costs $280 2) football tickets that cost $100 3) a gift card that cost $20 4) the cost of the food is $400. The members of the soccer team will be selling tickets to the silent auction. A ticket to the silent auction includes chances to win prizes and dinner. The ticket cost is set so that 50 tickets will pay for the cost of food and prizes and food. Part a determine the cost per ticket. Part B build a function that can be used to find the total profit, f(x), the soccer team earns by selling x tickets. Show your work to build a function. Part C your soccer team needs to raise at least $300 more than the total cost of the expenses. What is the minimum number of tickets that must to be sold in order for your team to reach their goal? Use the mathematics to justify your response.

Answers

Answer:

i will not give you the exact answer but i will tell you how to get the answer you need to add all the costs of everything and divide it by the number of tickets and that is how you get profit

Step-by-step explanation:

NEED HELP GIVING 20 POINTS

Answers

Answer:

-5

Step-by-step explanation:

Just substitute the values and use a calculator to solve.

Write the equation of the line with the given point and slope.
(-5, -3); slope = -3/5

Answers

A line in point slope form is y = mx + b

m = the slope

b = y-intercept

So far our line looks like: y = -3/5x + b

Let's plug -5 into x and -3 into y to solve for b

-3 = -3/5(-5) + b

Let's multiply -5 by -3/5

-3 = 3 + b

Subtract 3 from both sides.

-6 = b

Our line is: y = -3/5x - 6

determine the number of significant digits in the measurement 3.08cm​

Answers

9514 1404 393

Answer:

  3 significant digits

Step-by-step explanation:

If there is a decimal point with non-zero digits to its left, all digits to the right of the left-most non-zero digit are significant. Here, that is all of them. This number has 3 significant digits.

__

Comment on other cases

If there is no decimal point, the digits between any leading and trailing zeros are significant. For example, 02000 has 1 significant digit.

If there are no non-zero digits left of the decimal point. All digits except leading zeros are significant. 0.0031000 has 5 significant digits.

Do the ordered pairs represent a function? {(1,3),(4,12),(5,15),(6,18)}

No (two y-values for one x-value)
Yes (one y-value for each x-value)
Yes (two y-values for one x-value)
No (one y-value for each x-value)

Answers

Answer:

I GUESS ITS NO(TWO VALUES FOR ONE X VALUE) I DONT KNOW IF ITS CORRECT IM JUST GUESSING

Step-by-step explanation:

4. Write two different ways you can find 125% of 8.

Answers

Answer: METHOD 1 Determine the part by multiplying the percent and the whole:METHOD 2 Determine 25% of 8:

125\% \times 8=1.25\times 8=10

125%×8=1.25×8=10

Step-by-step explanation:

How much is 2/3 - 1/6 =

Answers

Answer:

1/2

Step-by-step explanation:

First create like dominators

2/3 -1/6  = 4/6 - 1/6

simplify using subtraction

4/6 - 1/6 = 3/6

Simplify the answer

3/6 = 1/2

Answer:

1/2

Step-by-step explanation:

2/3 - 1/6

Subtract the two fractions:

2/3 - 1/6 = 1/2

The answer we get is:

1/2

Divide the numerator by the denominator for the decimal form:

1 ÷ 2 = 0.5

0.5 is our decimal form.

1/2 and 0.5 are our answers.

Hope you learned from this answer!

Evaluate 14/7+3*2-5

Answers

Answer:

3

Step-by-step explanation:

14/7

+(3)(2)−5

=2+(3)(2)−5

=2+6−5

=8−5

=3

Solve for b.
ab +c=d

Answers

Answer:

[tex]ab + c = d \\ ab = d - c \\ b = \frac{d - c}{a} [/tex]

Need Help running out of time: Best answer will get brainliest


In Sam's drawer, there are 17 red socks, 13 green socks, and 20 black socks. Any two socks of the same color make a pair.


* If the first sock that Sam took out was black, how many more socks must he take out from the drawer without looking to be absolutely sure to have a pair of socks (of any color)?

Answers

Answer:

19:50

Step-by-step explanation:

well when you add all the socks you have 50 socks. if the first sock that Sam took out was black the second sock would be a ratio of 19:50.

(i think)

what is the slope.of the line passing points (1, -5) and (4, 1)

Answers

Answer:

[tex]\huge{\boxed{\sf{ 2 }}}[/tex]

Step-by-step explanation:

Let the points be A and B

A ( 1 , -5 ) [tex]\longrightarrow[/tex] ( x1 , y1 )

B ( 4 , 1 ) [tex]\longrightarrow[/tex] ( x2 , y2 )

Finding the slope :

Slope = [tex]\frac{y2-y1}{x2-x1}[/tex]

Slope = [tex]\frac{1 - ( -5 )}{4 - 1}[/tex]

Slope = [tex]\frac{1+5}{4-1}[/tex]

Slope = [tex]\frac{6}{3}[/tex]

Slope = [tex]2[/tex]

Hope I helped!

Best regards!

~TheAnimeGirl

-8= 3-5(x+6) solving algebraicaily​

Answers

Let's solve your equation step by step

-8=3-5(x+6)

Step 1: simplify both sides of the equation

-8=3-5(x+6)

-8=3+(-5)(x)+(-5(6) (distribute)

-8=3+-5x+-30

-8=(-5x)+(3+-30) (combine like terms)

-8=-5x+-27

-8=-5x-27

Step 2: flip the equation

-5x-27=-8

Step 3: add 27 to both sides

-5x-27+27=-8+27

-5x=19

Step 4: Divide both sides by -5

-5x/-5 = 19/-5

Answer : x= -19/5

Answer:

x = -19/5

Step-by-step explanation:

-8 = 3-5(x+6)

Distribute.

-8 = 3-5x-30

Combine like terms.

-8 = -27-5x

Add 27 on both sides.

-8 = -27-5x

+27   +27

19 = -5x

Divide by -5 on both sides.

19 = -5x

/-5   /-5

-19/5 = x

Hope this helps you a little bit! Sorry if it get confusing...have an amazing day c:

What is the value of X+1/9=1/3

Answers

Answer:

x = 2/9

Step-by-step explanation:

x + 1/9 = 1/3

Subtract 1/9 from each side

x + 1/9 -1/9 = 1/3 - 1/9

Get a common denominator

x = 1/3 *3/3 - 1/9

x = 3/9 -1/9

x = 2/9

x=1/3-1/9
x=3/9-1/9
x=2/9=0.222

Write a valid conclusion using the Law of Detachment or Law of Syllogism given the statements below.
1. If you drive above 55mph you will get a ticket
2. Kate is driving 60 mph.

Answers

Answer:

Step-by-step explanation:

Ok so we are going to start with the first statement. If you drive above 55mph you will get a ticket. Lets say that is P. The second statement. Kate drives 60mph. That is our Q.

P>Q

Q>R

P>R

R is our conclusion.

So our conclusion is indeed. Kate will get a ticket.

Simplify. 27x15y24−−−−−−−√3

Answers

Answer:

I also believe the answer is 3x^5 y^8

Step-by-step explanation:

The expression ∛(27 x¹⁵ y²⁴) in the simplified form will be 3 x⁵ y⁸.

What is Algebra?

The analysis of mathematical representations is algebra, and the handling of those symbols is logic.

PEMDAS rule means the Parenthesis, Exponent, Multiplication, Division, Addition, and Subtraction. This rule is used to solve the equation in a proper and correct manner.

The expression is given below.

⇒ ∛(27 x¹⁵ y²⁴)

Simplify the expression, then we have

⇒ ∛[3³ (x⁵)³ (y⁸)³]

⇒ ∛(3 x⁵ y⁸)³

⇒ 3 x⁵ y⁸

The expression ∛(27 x¹⁵ y²⁴) in the simplified form will be 3 x⁵ y⁸.

More about the Algebra link is given below.

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Help!!!!!!!! I will give 10 points!

Answers

18:

multiply both sides

move the constants to the right

calculate

I added a picture if you need it. I hope this helps

(x+4)(x-5)+(x+4)(x-2)

Answers

Answer:

(x+4)⋅(2x−7)

Step-by-step explanation:

Combine the like terms.

What is the measure of ZA degrees?​

Answers

Answer:

Since this is an isosceles triangle, the angles opposite to the equal sides will also be equal

Therefore,

angle ABC  = angle ACB

We are given that angle ACB  is 30 degrees

Hence, angle ABC = 30 degrees

We know that according to the angle sum property, the sum of all interior angles of a triangle is 180 degrees

So, angle ABC + angle ACB + angle CAB  = 180 degrees

replacing the variables with values we already know

30 + 30 + angle CAB = 180

angle CAB = 180 - 60

angle CAB = 120 degrees

Hence the measure of angle A is 120 degrees

The total sales tax in a certain city is 8.75%. The state sales tax rate is 7.25%, and the county adds an additional sales tax of 0.5%. How much in sales tax is added by the city?

a.) 0.1%
b.) 0.25%
c.) 1%
d.) 2.5%

Answers

Answer:

C.1%

Step-by-step explanation:

Minerva is trying to estimate v 55. She uses this table of values:
Square 7.02 7.12 7.22 7.32 7.42 7.52
Value
49.0 50.4 51.8 53.3 54.8 56.3
Square 7.62 7.72 7.82 7.92 8.02
Value
57.8 59.3 60.8 62.4 64.0
What should she do next to find 55 to the nearest hundredth?

Answers

Answer: B

Step-by-step explanation:

Answer:

B

Step-by-step explanation:

Test!

What does “is” mean in math

Answers

Answer:

Multiplication

I hope this helps!

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