Vanessa bought a house for $268,500. she has a 30 year mortgage with a fixed rate of 6.25%. vanessa’s monthly payments are $1,595.85. how much was vanessa’s down payment?

Answers

Answer 1

Based on the calculation below, the amount of vanessa’s down payment is $9,314.45.

Calculation of down payment

First, we have to calculate the balance after deducting vanessa’s down payment using the formula for calculating the present value (PV) of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = Present value or balance after deducting vanessa’s down payment = ?

P = Monthly payment = $1,595.85

r = Monthly interest rate = 6.25% / 12 = 0.0625 / 12 = 0.00520833333333333

n = number of months = 30 * 12 = 360

Substitute the values into equation (1), we have:

PV = $1,595.85 * ((1 - (1 / (1 + 0.00520833333333333))^360) / 0.00520833333333333) = $259,185.55

Now, the amount of vanessa’s down payment can be calculated as follows:

Vanessa’s down payment = Cost of the house – PV = $268,500 - $259,185.55 = $9,314.45

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Related Questions

Please Help!!

What should be done 10x ^ 2 - 8x to create a perfect square ?

Answers

Answer: 10x^2-8x+16

Step-by-step explanation:

Use the formula (b/2)^2

then plug in values:

(-8/2)^2 = -4^2 = 16

ans: 10x^2-8x+16

hope this helps

Please help I'm stuck on this question! worth 15+ points!!

Answers

Answer:

152

Step-by-step explanation:

360-(118+54)

Answer:

90°

Step-by-step explanation:

Taking ΔVWX :

∠V = ∠X (equal angles opposing equal side lengths)Using the Angle Sum Property,∠V + ∠W + ∠X = 180°b + 2∠V = 180°b + 2(45) = 180°b + 90° = 180°b = 90°

y= – 13x+ 7 12 as a simplified

Answers

I believe the answer is just y= -13x + 84

NEED HELP NOW 10 POINTS
Tommy made $8,387.02 last summer mowing yards. His supplies and equipment cost him $744.80. How much did Tommy make after figuring his cost?

Answers

answer:
$7,642.22

explanation:
profit is the amount of money someone made after taking away the cost of equipment. all you have to do is subtract 744.8 from 8387.02.

Last year we tested 70 kids on Unit 8. This year we tested 20% less kids. How many kids did we test this year?

Answers

Answer: 56 kids

Step-by-step explanation: 70 * 0.2 = 14      70 - 14 = 56

Last year we tested 70 kids on Unit 8 and this year we tested 20% less kids then we tested 56 kids on Unit 8 this year.

What is Percentage?

percentage, a relative value indicating hundredth parts of any quantity.

If we tested 20% less kids this year, it means we tested only 80% of the number of kids we tested last year.

To find out how many kids we tested this year, we can use the following equation:

number of kids tested this year = 0.8 × number of kids tested last year

Substituting the given values, we get:

number of kids tested this year = 0.8 × 70

number of kids tested this year = 56

Therefore, we tested 56 kids on Unit 8 this year.

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what is the volume of the prism below? 12 in 16 in 9 in

Answers

Answer:

1728 units cubed

Step-by-step explanation:

V = LWH
V = 12x16x9
V = 1728

I need help on this!
Given the following right triangle △ ABC with m∠A = Θ°, find sin(Θ°) and cos(Θ°).

Answers

Answer:

[tex]\sf Sin \ \theta = \dfrac{5}{13}\\\\Cos \ \theta =\dfrac{12}{13}[/tex]

Step-by-step explanation:

  [tex]\sf Sin \ \theta= \dfrac{opposite \ of \ angle \ A}{hypotenuse}\\\\[/tex]

            [tex]\sf =\dfrac{BC}{AB}\\\\ =\dfrac{5}{13}[/tex]

[tex]\sf Cos \ \theta = \dfrac{adjacent \ side \ of \ angle \ A}{hypotenuse}\\[/tex]

       [tex]\sf =\dfrac{AC}{AB}\\\\= \dfrac{12}{13}[/tex]

What is the rectangular equivalence to the parametric equations?

x(θ)=4cosθ+2,y(θ)=2sinθ−5 , where 0≤θ<2π .

Answers

The rectangular equivalence of the parametric equations is given as:
an ellipse that is focalized on (2, -5) with semi-major axis of 4 and semi-minor axis of 2.

What is a parametric equation?

A parametric equation is the type which has dependent variables defined as a continuous function of the independent factor - t, and the dependent variables are mutually exclusive of other existing variables.

What is the calculation for the above?

Step 1 - Note that we have the following terms:

x(θ)=4cosθ+2,

y(θ)=2sinθ−5

Step 2 - Rewrite the above equations

x = 4 -cos(θ) +2;

y = 2 -Sin (θ) - 5

We rewrite again as

[tex]\left( \frac{x-2}{n}\right)^{2}[/tex] = cos (θ)²;        [tex]\left( \frac{y+5}{n}\right)^{2}[/tex] = sin(θ)²

Recall that

cos (θ)² + sin(θ)² = 1

Therefore,

[tex]\left( \frac{x-2}{n}\right)^{2}[/tex]  + [tex]\left( \frac{y+5}{n}\right)^{2}[/tex] = 1

The result is an ellipse with the center  (2, -5) with a semi-major axis of 4 and a semi-minor axis of 2. See the result of the Parametric Graph Plot attached.

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Helpppppo plssssssss

Answers

Answer:

b

Step-by-step explanation:

used graphing calculator

PLSS I NEED HELP IMMEDIATELY!!!

Answers

The slope as evaluated from the given pair of points is; Slope, m = 5.

Slope of given Points

The slope of a line defined by two points simply refers to the rate of change of the function given by the line.

Hence, slope, m = (28 -18)/(4 -2)

Slope, m = 10/2

Slope, m = 5

Credit To: adioabiola https://brainly.com/question/19592921

#1

(0,-1)(1,1)

Slope

m=1+1/1-0=2C

#2

(0,7)(1,4)

Slope

m=4-7/1-0=-3A

#3

(2,18)(4,28)

Slope

m=28-18/4-2m=10/2m=5H

#4

(4,0)(0,-4)

Slope

m=-4/0-4=-4/-4=1F

CODE IS

CAHF

Use the graph to complete the statements.
The period is ✔ 2pi/3
The amplitude of the corresponding cosine function is 2..
The vertical shift of the graph of the parent secant function is 1 unit down.

The graph is of the function ✔ 2sec(3x) – 1

THESE ARE THE ANSWERS

Answers

The exercise has to do with the Graphing of a Cosecant Function. From the graph, the completed statements have been indicated below.

What are the completed statements?

The completed statements are:

The period is 2pi/3The amplitude of the corresponding cosine function is 2.The vertical shift of the graph of the parent secant function is 1 unit down.

It is to be noted that the graph is of the function 2Sec (3x) – 1.

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Answer:

2pi/3

corresponding cosine function is 2.

1 unit down.

graph 2sec(3x) – 1

Step-by-step explanation:

Can you help me?
Find the h
Find h

Answers

Answer:

h=6

Step-by-step explanation:

according to Pythagorean theorem

h²=p²+b²

p²= 10²-8²

h²=100-64 by question (p=h)

h√36

h=6

H E L P
M E
ASAP
I NEEED THEE ANSWER FOR IT BUT I'D ALSO LIKE TO KNOW THE FORMULA I DON'T UNDERSTAND

Answers

well, the shape is a trapezoid, a trapezoid has two parallel sides only, the parallel sides are called "bases", and the distance between the parallel sides is its "height".

so in the trapezoid above, it has two parallel sides, 20 m and 8 m, and the height or distance between both is 7 m, so

[tex]\textit{area of a trapezoid}\\\\ A=\cfrac{h(a+b)}{2}~~ \begin{cases} h~~=height\\ a,b=\stackrel{parallel~sides}{bases~\hfill }\\[-0.5em] \hrulefill\\ a=20\\ b=8\\ h=7 \end{cases}\implies \begin{array}{llll} A=\cfrac{7(20+8)}{2}\implies A=\cfrac{7(28)}{2} \\\\\\ A=7(14)\implies A=98~m^2 \end{array}[/tex]

Evaluate
(-315) ×4
with the correct explaination

Answers

[tex]\Large\textsf{\textbf{Answer\::}}[/tex]

-1, 260

[tex]\large\textsf{\textbf{Calculations\;:}}[/tex]

First , take a look at the signs of the numbers we're asked to multiply .

One of them is negative , and the other one is positive .

If we have a negative number times a positive number , the product is a positive number .

Multiply :

(-315) × 4

-1, 260 (Ans)

[tex]\footnotesize\text{hope\:helpful~}[/tex]

i need the answer to this question ASAP

Answers

Answer

the answer is in the attached image

Step-by-step explanation:

just pretend the x is a d lol

What is the value of the expression below when x = 4?
4x2 + 7x – 10

Answers

Answer:

26

Step-by-step explanation:

1.) Step plug it in ---}  4*2 + 7 (4) - 10

2.) Step multiply what u have so

4 x 2= 8

7 x 4 = 28

3. )Put it back ---}  8+ 28 - 10

4.) Solve from there.

8+28=36

36 - 10 =26

Answer: 57

Step-by-step explanation: First have to put x=4 and do multiplication in brackets then do subtraction and add at the end to get final answern action pien r

SOLVE FOR X !!!!!!! WILL ALWAYS GIVE BRAINLIEST!!!!!!!

Answers

Answer:

59 degrees

Step-by-step explanation:

Inscibed angles in a circle encompass TWICE their value of arc degrees

2x = 118

x = 59 degrees

is this image a function

Answers

Answer:

Yes. it is a non-linear function.

Step-by-step explanation:

Functions like these are found on cords. they can be straight (Linear function) or they can bend ore curve (non-linear function).

That's all I have to say.

actually help... if u dont hve the answer, dont respond.

Answers

Answer:

y = 1/3*x -3

Step-by-step explanation:

Method 1:

Grab two random points from the line.

(0,-3) and (3,-2)

Using the Point-Slope Form solve for m.

(-3 - (-2)) = m * (0 - (3))

-1 = m * (-3)

m = 1/3

Turning Point-Slope form into Slope intercept Form.

(y - (-3)) = 1/3 * (x - 0)

y + 3 = 1/3x

y = 1/3 - 3

Method 2:

Look at the y-intercept since y-int becomes our b. b = -3

From the y-int count rise/run as thats our Slope m. m = 1/3

Slope-intecept Form:

y = 1/3*x -3

Answer:

y=1/3x-3

rise/run= 1/3

y-int. is -3

Step-by-step explanation:

Can someone help me answer this?

Answers

Answer:

m<S = 68 degrees.

m<D = 112 degrees

Step-by-step explanation:

Opposite angles of a parallelogram are equal so:

4x - 4 = 3x + 14      

4x - 3x = 14 + 4

x = 18.

So m < S = 4(18) - 4

= 72-4

= 68 degrees.

Angles on the same side of a parallelogram are supplementary, so

m < D = 180 - 68

= 112 degrees.

please answer!!! will give a lot of points and brainliest if i can figure that out

Answers

Answer: 2√14

Step-by-step explanation:

^2=squared

let the missing side =x

9^2-5^2=x^2

81-25=56

56^2

√54

=2√14

Answer:

10.295630141 or 10.3

Step-by-step explanation:

Pythagorean Theorem

[tex]c^{2} = a^{2} + b^{2}[/tex]

add in known sides

[tex]9^{2} + 5^{2} = 106[/tex]

square root

[tex]\sqrt{106}[/tex]

Answer: 10.295630141 or 10.3 rounded

Von makes a design with four lines. At least two of them are
parallel. He says that his design shows vertical angles,
corresponding angles, alternate interior angles, and linear
pairs of angles.
Draw a diagram of Von's design. Label the lines a, b, c, and d,
and label the angles formed by the lines 1, 2, 3, 4, and so on.
Describe how the lines are related. List all of the angles that
are congruent to Z1 in your
diagram. Then list all of the
angles that are congruent to Z2.
Name one pair of angles in your diagram to illustrate each
angle relationship mentioned in Von's description. Tell how
you
know that the angles illustrate the relationship.

-CAN SOMEONE PLEASE HELP IT DUE TODAY

Answers

Answer:

yes it help me when I'm doing my work

(2x+3,2+y)=(y+4,3x+2) find the value of x and ​

Answers

Answer:

x = -1

y = -3

Step-by-step explanation:

[tex]\begin{cases}2x+3=y+4\\ 2+y=3x+2\end{cases}[/tex]

[tex]\Longleftrightarrow \begin{cases}2x-y=1&\left( 1\right) \\ 3x-y=0&(2)\end{cases}[/tex]

(2) - (1) ⇒ (3x - y) - (2x - y) = 0 - 1 ⇒ x = -1

(1) ⇒ 2x - y = 1 ⇒ y = 2x - 1 = 2(-1) - 1 = -3

please i will give you 23 points\

Answers

Answer:

see photo for detailed analysis

what is the distance of 3,0 and 3,-2

Answers

Answer:

[tex]distance = \sqrt{(3 - 3) {}^{2} } + ( - 2 - 0) {}^{2} \\ = \sqrt{0 + 4} \\ = \sqrt{4 } \\ = 2unit[/tex]

√54 to the nearest tenth

Answers

Answer:

[tex]\sqrt{54}[/tex] = 7.3484  , to the nearest 10th , then is  7.35

Step-by-step explanation:

Factorise:
vii)p^2+14p+13
Please help me....​

Answers

Answer:

(p+13)(p+1)

Step-by-step explanation:

p² + 14p + 13

we want to find two numbers that add to 14 and multiply to 13

we can start looking by listing the factors of 13

we get 13 and 1 and -13 and -1

13 and 1 multiply to 13 ( 13 × 1 = 13 ) and add to 14 ( 13 + 1 = 14 )

-13 and -1 multiply to 13 ( -13 × -1 = 13 ) and add to -14 ( -13 + -1 = -14 )

the two numbers that would add to 14 and multiply to 13 would be 13 and 1

now we can factor out the two numbers from 14 and split the p from p² to get (p+13)(p+1)

and we are done

In the xy-plane, the line determined by the points (2,k) and (k,32) passes through the origin. Which of the following could be a value of k?
(A) 0
(B) 4
(C) 8
(D) 16

Answers

Answer:

C

Step-by-step explanation:

calculate the slope m of the 2 points from the origin and equate, since they lie on the same line

m = [tex]\frac{y_{2}-y_{1} }{x_{2-x_{1} } }[/tex]

with (x₁, y₁ ) = (0, 0 ) and (x₂, y₂ ) = (2, k )

m = [tex]\frac{k-0}{2-0}[/tex] = [tex]\frac{k}{2}[/tex]

repeat with

(x₁, y₁ ) = (0, 0 ) and (x₂, y₂ ) = k, 32 )

m = [tex]\frac{32-0}{k-0}[/tex] = [tex]\frac{32}{k}[/tex]

equating the 2 slopes

[tex]\frac{k}{2}[/tex] = [tex]\frac{32}{k}[/tex] ( cross- multiply )

k² = 64 ( take square root of both sides )

k = [tex]\sqrt{64}[/tex] = 8

please i need help asap!! ​

Answers

Answer:

(-4,-1) is the answer to this.

how do i solve x+20+10x=20+9x

Answers

Answer:

0

Step-by-step explanation:

10x-9x=20-20

x=0

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