Okay so I need help answering another question. Can anyone who could actually understand it please help? Btw this is using Annuity formula and if anyone attempts to answer just to steal points shall be reported.

Step 1: Choose the price of the house. Then calculate 20% (which will be your down payment). Write down the price and 20% of the price.

Step 2: You don't have 20% now, so you will use an annuity to save up until you have the 20%. Choose a time in the future (2 years, 3 years, 4 years, 5, 10?) that you will purchase this house. Choose an APR that the bank will give you. Calculate how much you need to deposit every month in order to have the 20% down payment down the road. Write down the numbers of years, the interest rate, the formula with all the numbers plugged in, and the monthly deposits you will need to make.

Step 3: Now you take out a mortgage on the remaining 80%. Choose an APR that the bank will charge you (to be realistic, more than the APR in step 2) and the time you will take to pay off the loan. Write down the formula with all the numbers plugged in, and write down the minimum monthly payments.

Answers

Answer 1

Answer:

Step-by-step explanation:

1.)

The price of the house will be 500,000 which will make the downpayment 500,000*.2=100,000

so write down 500,000 and 100,000

2.)

For this one let's do 3 years at 3%

which would make the effective rate .03/12=.0025

let x= monthly payment

[tex]100000=x\frac{(1+.0025)^{12*3}-1}{.0025}[/tex]

which i will round to 2658.12

so write down: 3 years, 3%, [tex]100000=2658.12\frac{(1+.0025)^{12*3}-1}{.0025}[/tex], 2658.12

3.) the remaining 80% = 500,000-100000= 400,000

For this one let's do 6% for 6 years

which would make the effective rate: .06/12= .005

[tex]400000=x\frac{1-(1.005)^{-12*6}}{.005}\\x=6629.155157[/tex]

which i will round to 6629.16

so write down: [tex]400000=6629.16*\frac{1-(1+.005)^{-12*6}}{.005}[/tex], 6629.16


Related Questions

find the surface area of the prism HURRY

Answers

Answer:

Does the answer help you?

Solve the equation.

0.50x +0.45(50) = 48.5

x=?​

Answers

Answer:

x=52 Here is y

Step-by-step explanation:

Which group of numbers is ordered from LEAST to GREATEST?



Select one:

A.
246,263, 250,100, 250,000


B.
250,100, 246,263, 250,000,


C.
246,263, 250,000, 250,100,


D.
250,100, 250,000, 246,263,

Answers

C is the correct answer

Factorise 24e^2-28e-12

Answers

Answer:

4(2e - 3)(3e + 1)

Step-by-step explanation:

Given

24e² - 28e - 12 ← factor out 4 from each term

= 4(6e² - 7e - 3) ← factor the quadratic

Consider the factors of the product of the e² term and the constant term which sum to give the coefficient of the e- term.

product = 6 × - 3 = - 18 and sum = - 7

The factors are - 9 and + 2

Use these factors to split the e- term

6e² - 9e + 2e - 3 ( factor the first/second and third/fourth terms )

= 3e(2e - 3) + 1 (2e - 3) ← factor out (2e - 3) from each term

= (2e - 3)(3e + 1)

Then

24e² - 28e - 12 = 4(2e - 3)(3e + 1) ← in factored form

Simplify i12

A.-1
B.-i
C.i
D.1

Answers

Answer:

D 1

Step-by-step explanation:

i^12

We know i^4 = 1

Rewriting

i^4^3

1^3

1

Answer:

part 1- D. 1

part 2- Square root of -144 =12i

Step-by-step explanation:

Got them correct

Sarah downloads movies from a website that charges a $10 membership fee plus $1 for every movie downloaded. Lisa downloads movies from a different website that charges a $5 fee per month and $2 for each movie downloaded. These equations represent this situation. y = x + 10 y = 2x + 5

Answers

Step-by-step explanation:

Sarah downloads movies from a website that charges a $10 membership fee plus $1 for every movie downloaded. Lisa downloads movies from a different website that charges a $5 fee per month and $2 for each movie downloaded. These equations represent this situation. y = x + 10 y = 2x + 5 In the equations, which are drawn on the graph, x represents the number of movies downloaded and y represents the money spent.

Find the value of each expression.


30 ÷ 3 × 2

Answers

Answer:

Step-by-step explanation:

1) First division has to be done.

2) After that multiplication has to be done.

30 ÷ 3 * 2 = 10 * 2

                 = 20

Answer:

20

Step-by-step explanation:

30 ÷ 3 × 2

(Since it’s division and multi platoon, we just go left to right)

10 × 2

20

What is the relationship between the value of the digit 3 in 4,231 and in the value of the digit 3 in the number 3,421?

A.
In 4,231, the value of the digit 3 is
1
10
the value of the digit 3 in 3,421.

B.
In 4,231, the value of the digit 3 is 10 times the value of the digit 3 in 3,421.

C.
In 4,231, the value of the digit 3 is
1
100
the value of the digit 3 in 3,421.

D.
In 4,231, the value of the digit 3 is 100 times the value of the digit 3 in 3,421.

Answers

Answer D

Step-by-step explanation:

looks right

A macaroni and cheese recipe calls for 2/5 of a 2 1/2 pound a block of cheese. How many pounds are needed?​

Answers

I

2/5 of 2.5. = 2x2.5 / 5x1 = 5/5 = 1 pound

Explain how to graph a scatterplot and its regression line using a regression calculator.

Answers

Hüïòpr ÿúò óhù ghùīêh

Answer:

Before entering data into the regression calculator, it is important to determine which variable should be associated with the x-axis and which with the y-axis. Enter the data pairs. Press the Linear Regression button to generate the regression line.

Step-by-step explanation:

edg 2022



Find two consecutive whole numbers that ✓39 lies between.

Answers

Answer:

6 and 7

Step-by-step explanation:

6^2 = 36 which is less than 39

7^2 = 49 which is more than 39

So the two numbers you want are

x = 6

y = 7

please solve it fastand give the correct answer pleaseeeeee​

Answers

Answer:

a. False b. True c. True d. False e. False

Step-by-step explanation:

Please find the answer !

Answers

Answer:

ring volume is 12cm3

Step-by-step explanation:

Lr ccm=volume of water and ring - Volume of water

ring cubic centimeters =x

x=9.2cm*4.5cm*7cm - 8.8cm*4.5cm*7cm

x=289.2cm3 - 277.2cm3

x=12cm3

In 1815, Sophie Germain won a mathematical prize given by the Institut de France for her work on the theory of elasticity. The prize was a medal made of 1 kilogram of gold. How much is the medal worth today in U.S. dollars and in euros

Answers

Answer:

gold price : $58.72/gram

$58,720 per kilo(1000) grams

Step-by-step explanation:

Geometry please help me!In the figure below, what value of x will satisfy the midsegment theorea? X=

Answers

Answer:

x=30.5

Step-by-step explanation:

Using midsegment 's theorea:

[tex]2=\dfrac{RG}{RS} =\dfrac{RH}{RQ} =\dfrac{GH}{SQ} \\\\4x-65=2x-4\\\\2x=61\\\\x=\dfrac{61}{2} \\\\x=30.5\\[/tex]

Need help on this please

Answers

 Awnser: 1/9

Hope ir helps! :D

1-1 = 0

12-6 = 6

0+1 = 1

6 +3 = 9

1/9!!!

Write each decimal as a fraction or mixed number in simplest form.
1 3/8

Answers

3/2

Step One: 1 3/8, transform the number into a improper fraction:

To have a mixed number in to a improper fraction, you need to use            addition and multiplication.  For 1 3/8, We first multiply the denominator (8, also know to be the bottom number of the fraction) to the whole number (1).  8x1= 8NOTE: The original denominator (8) will be use for are improper, again playing as the denominator, we only multiply the denominator for the numerator (which is the top number of a fraction).After multiplying, we'll add are product with the numerator (3) for the process. 8+3= 12 Now we have both numerator and denominator for 1 3/8, we can create the improper fraction. 12 as the numerator and 8 as the denominator. 12/8We still need to simplify the number. To that, we need the biggest whole number, or rather I call it the lowest number, that can be divide both in 12 and 8. 4 can be divide by both number so: 12/4= 3 and 8/4=2Now 3 is are simplify numerator and 2 is are simplify denominator.

8.113 as a fraction PLEASE HELPP​

Answers

Answer:

8 113/1000(as a mixed number)      8113/1000(as an improper fraction)

Step-by-step explanation:

1. Convert 0.113 to a fraction...113/1000

2. As there is no further simplification needed, add 8 to 113/1000....8 113/1000

3. To convert 8 113/1000 from a mixed number to an improper fraction, multiply 8 (the whole number) and 1,000(the denominator)...8,000. Then add 113 (the numerator) to 8,000...8113. After that, you put 8113 over the denominator of the previous mixed number, getting 8113/1000 as the improper fraction.






[tex] \frac{2}{3} \times \frac{2}{3} \times \frac{2}{3} = what[/tex]



Answer I'll make and mark as brainlist.

Answer Fast.
Post on - 2 Aug 2021 ​

Answers

2^3
——
3^3



............

Nicole took a taxi from her house to the airport. The taxi company charged a pick-up fee of $2.90 plus $1.75 per mile. The total fare was $44.90, not including the tip. Write and solve an equation which can be used to determine xx, the number of miles in the taxi ride.

Answers

9514 1404 393

Answer:

  24 miles

Step-by-step explanation:

The total fare is the sum of the pickup fee and the mileage charge. For xx miles, the mileage charge will be 1.75xx, so the total is ...

  1.75xx +2.90 = 44.90 . . .  equation for xx

  1.75xx = 42.00 . . . . . subtract 2.90

  xx = 24 . . . . . . . . . divide by 1.75

The number of miles in Nicole's taxi ride was 24.

The expression 2(l + w) is used to calculate the perimeter of a rectangle, where l is length and w is width. If the length is Fraction 2 over 5 unit and the width is Fraction 1 over 5 unit, what is the perimeter of the rectangle in units?

Fraction 3 over 5 unit
1 unit
1Fraction 1 over 5 units
2Fraction 3 over 5 units

Answers

Answer:

Step-by-step explanation:

L = ⅖ unit

W = ⅕ unit

L+W = ⅗ unit

Perimeter = 2×⅗ = 6/5 units = 1⅕ units

Answer:

L = ⅖ unit

W = ⅕ unit

L+W = ⅗ unit

Perimeter = 2×⅗ = 6/5 units = 1⅕ units

Step-by-step explanation:

What is the value of x in the geometric sequence x,3,−1/3

Answers

Answer:

x=27

Step-by-step explanation:

the answer is proved in the diagram above

The value of x is 27

What is Geometric progression?

A geometric progression is a special type of progression where the successive terms bear a constant ratio known as a common ratio. It is also known as GP. The GP is generally represented in form a, ar, ar2.... where a is the first term and r is the common ratio of the progression. The common ratio can have both negative as well as positive values. To find the terms of a geometric series, we only need the first term and the constant ratio.

The geometric progression is of two types. They are

finite geometric progression andinfinite geometric progression.

Given:

x,3,−1/3

First term, a

second term

ar= 3

a= 3/r

third term

ar² = -1/3

a= -1/3r²

So,

3/r= - 1/3r²

9r= 1

r= 1/9

So,

ar= 3

a= 27.

Learn more about Geometric progression here:

https://brainly.com/question/4853032

#SPJ2

Which box holds more popcorn?

Answers

Answer:

Amanda's popcorn container holds more popcorn

Step-by-step explanation:

First we'll have to find the volume.

The Volume helps us determine which is bigger.

Step 1

We'll find Amanda's popcorn container

10cm*10cm*13.5cm=1350cm

Step 2

We'll find Mary's popcorn container

8cm*8cm*20cm=320cm

Step 3

Since Amanda's popcorn container has 1350cm (volume) and Mary's popcorn container has 320cm (volume) we'll have this. 1350cm>320cm. We can determine the Amanda's popcorn container has holds more,

Final Answer

Amanda's popcorn container holds more popcorn

If 2m−6=8m
2
m
-
6
=
8
m
then 3m=
3
m
=


A. 3
B. -1
C. -3
D. -6
E. I don't know.

Answers

Answer:

3m = -3

Step-by-step explanation:

2m−6=8m

Subtract 2m from each side

2m−6-2m=8m-2m

-6 = 6m

Divide by 6

-6/6 = 6m/6

-1 = m

3m = 3(-1) = -3

S O L U T I O N :

2m - 6 = 8m

2m - 8m = 6

-6m = 6

m = -6/6

m = -1

Hence, the answer is -1

Consider the line L(t)=⟨5+t,1+5t⟩. Then:
Choose perpendicular, parallel or neither. (PS. Answers below may not be true.)

Answers

If L(t) = ⟨5 + t, 1 + 5t⟩, then the tangent vector to L(t) is

dL/dt = ⟨1, 5⟩

Any line parallel to L(t) will have the same tangent vector, up to some scalar factor (that is, if the tangent vector is a multiple of ⟨1, 5⟩).

Any line r(t) with tangent vector T(t) = dr/dt that is perpendicular to L(t) will satisfy

T(t) • ⟨1, 5⟩ = 0

• r(t) = ⟨-5, -2t, 1 - 10t⟩ is parallel to L(t) because its tangent vector is

T(t) = ⟨-2, -10⟩ = -2 ⟨1, 5⟩

• r(t) = ⟨1 + 1.5t, 3 + 7.5t⟩ is parallel to L(t) because

T(t) = ⟨1.5, 7.5⟩ = 1.5 ⟨1, 5⟩

• r(t) = ⟨-2 - t, 2 - 2t⟩ is neither parallel nor perpendicular to L(t) because

T(t) = ⟨-1, -2⟩ ≠ k ⟨1, 5⟩

for any real k (in other words, there is no k such that -1 = k and -2 = 5k), and

⟨-1, -2⟩ • ⟨1, 5⟩ = -1 - 10 = -11 ≠ 0

• r(t) = ⟨3 + 15t, -3t⟩ is perpendicular to L(t) because

T(t) = ⟨15, -3⟩

and

⟨15, -3⟩ • ⟨1, 5⟩ = 15 - 15 = 0

Change the word phrase to an algebraic expression. Use x as the variable to represent the number.
16 subtracted from a number

Let x = the number.


16 subtracted from a number can be written as…

Answers

Answer:

I think the answer is

x-16

since 16 is subtracted from x.

I hope this helps

Which of the following ordered pairs is a solution of the function f(x)=3x-1

Answers

The answer is (-1,-4)

PLEASE HELP! ASAP Thanks xoxo!

Answers

Step-by-step explanation:

For the question in:First Picture -

Answer is 115°

Second Picture-

Answer is Definition of parallelogram

Third Picture -

Answer is 114°

A(6, -5) and B(-1, 2) in the ratio of 2:5​

Answers

Answer:

p(x,y)= (4,-3)

Step-by-step explanation:

all explainations are in the picture below.

Solving a word problem on proportions using a unit rate
Lucy made $95 for 5 hours of work.
At the same rate, how much would she make for 13 hours of work?
sl
X Х
5
?

Answers

Answer:

$247

Step-by-step explanation:

$95 = 5 h

1 h = 95 ÷ 5 = $19/h

$19 × 13h = $247

she would make $247 after 13 hours of work.

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