Bethany and Samuel are buying a new house. They have $25,000 saved for a down payment and know that they can afford a monthly payment of $1,500 or less. They also know that the best interest rate they can get is 5.1% annually and they want to sign a 30-year mortgage.

1. This equation is used to find the monthly payment, m, given the monthly interest rate, i, the principal, P, and the number of interest periods, n, in months:
Using the equation, find the largest possible principal P for their situation. In other words, what is the largest amount of money they can borrow? (Hint: To answer the question, you must rearrange the equation.)

Bethany And Samuel Are Buying A New House. They Have $25,000 Saved For A Down Payment And Know That They

Answers

Answer 1

The  largest amount of money they can borrow is $$276.268.65

How to calculate the largest amount?

The main formula used in this problem is the Present Value of an annuity Formula:

P = R[1-(1+i)⁻ⁿ]/i

Where;

P: present value (the mortgage value)R: periodic paymentt: time (in years)r: annual interest ratem: number of compounding per yeari=r/m      (rate per period)n=mt      the total number of payments

The maximal monthly payment that Bethany and Samuel can afford is $1,500.

The best interest rate is %5.1 annually, and they want to sign a 30-year mortgage.

This implies that

R=1,500

t=30

r=%5.1 = 5.1 /100 = 0.051

m=12, because they make the payments monthly

i=r/m=0.051/12=0.00425

n=mt = 12*30=360

That is,

i) they will make 360 monthly payments,

ii) the largest amount of money they can borrow can be found using the formula:

P = R[1-(1+i)⁻ⁿ]/i

Substituting the known values:

P = 1500[1-(1+0.00425)⁻³⁶⁰]/0.00425

Therefore, $276.268.65 is the largest possible principal for the situation

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Related Questions

Helpp!! Solve the system by graphing.

Answers

The solution of the system of equations:

y = 3x - 4

y = (-1/2)*x + 3

Is (2, 2).

How to solve a system of equations graphically?

Here we have the following system of equations:

y = 3x - 4

y = (-1/2)*x + 3

To solve this graphically, we just need to graph both equations on the same coordinate axis, and find a point where these two graphs intercept.

Below you can see the graph of the system, and there you can see that the lines intercept at the point (2, 2), so that is the solution of the system.

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Evaluate this problem

Answers

Answer:

78

Step-by-step explanation:

a + 8b = 6 + 8 x 9 = 6 + 72 = 78

Answer: 78

Step-by-step explanation:

value of a=6

value of b=9

a+8b= 6+8*9

as the 8 will be multiplied by 9

6+8*9= 6+72

6+72 = 78

Consider a situation in which P(A) = , P(C) = , and P(A and B) = . What is P(B and C)?

Answers

The probability of P(B and C) is 1/6

What is probability?

Probability is the branch of mathematics concerning numerical descriptions of how likely an event is to occur, or how likely it is that a proposition is true.

A number between 0 and 1 is the probability of an event, where, broadly speaking, 0 denotes the event's impossibility and 1 denotes its certainty. It is more likely that an event will occur if its probability is higher.

For e.g., A straightforward illustration is tossing a fair (impartial) coin.

Given that, the probabilities, P(A) = 1/8, P(C) = 1/4, and P(A and B) = 1/12

P(A and B) = P(A)×P(B)

Therefore,

1/12 = 1/8 × P(B)

P(B) = 8/12 = 2/3

Now,

P(B and C) = P(C)×P(B)

P(B and C) = 1/4×2/3

P(B and C) = 1/6

Hence, P(B and C) = 1/6

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Is the set of rational expressions closed under division

Answers

Answer:

Step-by-step

Closure property is true for division except for zero.

help with this math assignment pls

Answers

From the classification angles, it was possible to find the arcs:

UL=40, UY= 90, TY=50, YLE =270, LE=140 and UET=220.

UET

If UE= 180 and TE=40, you have:

UET=UE+TE

UET=180+40

UET=220

Classification Angles

They are a lot of classifications for angles like complementary angles, supplementary angles, right angles, and others. See below:

complementary angles - two angles whose sum is equal to 90°.supplementary angles - two angles whose sum is equal to 180°.right angles - angles whose measure is 90°.opposite angles - opposite angles consequently they are congruent.

The question gives mTE=40, and it asks:

UL

UL is opposite the arc TE, therefore its value is also 40.

UY

The figure shows a right angle, then UY is equal to 90.

TY

If UY is equal 90, YE is equal to 90 too, because they are supplementary. If YE=90 and TE=40, you have:

TE+TY=90

40+TY=90

TY=90-40

TY=50

YLE

YLE = YE+UE. The figure shows YE=90 and UE represents a semicircle (180). Thus,

YLE= 90+180=270

LE

If UE= 180 and UL=40, you have:

UE=UL+LE

180=40+LE

LE=180-40

LE=140

UET

If UE= 180 and TE=40, you have:

UET=UE+TE

UET=180+40

UET=220

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-50 POINTS- If you guess will be reported.
If P=(1,6), Find: D3 (P)

Answers

Answer:

(3,18)

Step-by-step explanation:

You do not give the center of dilation, so I am using the origin (0,0)

You multiply the x and y by 3

(1,6)

1 x 3 = 3

(1,6)

6 x 3 = 18

(3,18)

Convert to rectangular

Answers

When convert it into rectangular form we get x=-1/2 and y=0.

How to convert polar to rectangular form?

To convert a point in polar coordinates (r, θ) to rectangular coordinates (x, y), you can use the following formulas:

[tex]x = r * cos(θ) \\y = r * sin(θ)[/tex]

Where r is the distance from the origin to the point, and θ is the angle in radians between the positive x-axis and the line connecting the point to the origin.

Alternatively, you can also convert from rectangular to polar coordinates using the following formulas:

[tex]r = sqrt(x^2 + y^2)\\θ = atan2(y, x)[/tex]

Where x, y are the rectangular coordinates and atan2 is a function that computes the angle of a point in a cartesian plane.

In general, it's worth noting that the polar coordinates are often used in some physics and engineering problems, while the rectangular coordinates are often used in computer graphics, analytic geometry and other fields.

What is 1 in polar co-ordinate?

The angle of 1's inverse tangent is 45°. This is the outcome of translating to polar coordinates in the form (r,theta).

To convert it into rectangle equation we have

[tex]x=rcos(theta)\\y=rsin(theta)\\r=1\\theta= 3*pi/2\\x= cos(3*pi/2)\\x= -1/2\\y=sin(3*pi/2)\\y=0[/tex]

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Two distinct intersecting lines intersect at a single point. Is it true or false

Answers

it is true……………………..

A figure was dilated so that the new area is 16 times bigger than the original area. Find
one possible set of perimeters for the two figures.

Please Explain!!

Answers

One possible set of perimeters for the two figures is 4x and 16x.

What is Dilation?

Dilation is one of the type of transformation where the size of the object is made smaller or larger without affecting the shape.

Let A be the area of the original figure.

New area after dilation = 16A

Suppose that the figure is a square.

Area of a square is the square of it's side length and perimeter is four times the length of one side.

Let 'x' be the length of a side of the original figure.

Area of the original figure, A = x²

Perimeter of original figure = 4x

New area = 16 A = 16 x² = (4x)²

So the side length of new figure = 4x

Perimeter of new figure = 4 (4x) = 16x

Hence one of the possible set of perimeters for the two figures given is 4x and 16x.

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An English teacher reviewed 2 3 of an essay in 1 4 of an hour. At this rate, how many essays can she review in 1 hour? Simplify your answer and write it as a proper fraction, mixed number, or whole number. essays

Answers

The essays that she can review in 1 hour would be; 2 2/3.

What is a fraction?

A fraction represents a part of a number or any number of equal parts.

We are given that English teacher reviewed 2 /3 of an essay in 1/ 4 of an hour.

Thus, Fraction of the essay reviewed = 2/3

Amount of time used = 1/4

Therefore, the fraction of essay for an hour can be calculated as;

= Fraction of the essay reviewed / Amount of time used

= 2/3 ÷ 1/4

= 2/3 × 4

= 8/3

= 2 2/3

Hence, She will review 2 2/3 essay.

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9+2+4+6+123=?
please help

Answers

Answer:

144

Step-by-step explanation:

9+2+4+6+123=

11+10+123
21+123
144

What's the sum of 3 3/8 and 4 3/4? A.9 1/4 B. 8 3/4 C. 7 3/4 D. 8 1/8

Answers

Answer:

D

Step-by-step explanation:

3[tex]\frac{3}{8}[/tex] + 4[tex]\frac{3}{4}[/tex]  Use the common denominator of 8 Multiply [tex]\frac{3}{4}[/tex] x [tex]\frac{2}{2}[/tex]

3[tex]\frac{3}{8}[/tex] + 4[tex]\frac{6}{8}[/tex]

7[tex]\frac{9}{8}[/tex]

7 + [tex]\frac{8}{8}[/tex] + [tex]\frac{1}{8}[/tex]  Another name for [tex]\frac{8}{8}[/tex] is 1

7 + 1 + [tex]\frac{1}{8}[/tex]

8[tex]\frac{1}{8}[/tex]

Consider the following problem:
The length s(t) of the side of the base of a square prism is decreasing at a rate of 7
kilometers per minute and the height h(t) of the prism is increasing at a rate of 10
kilometers per minute. At a certain instant to, the base's side is 4 kilometers and the
height is 9 kilometers. What is the rate of change of the surface area A(t) of the
prism at that instant?
Match each expression with its given value.

Answers

The rate of change of the surface area A(t) of the prism is 136 kilometers per minute.

What does rate of change mean?

An indicator of how one quantity changes in proportion to another is called a rate of change. If x and y are the independent and dependent variables, respectively, then the rate of change is equal to y-to-x conversions. Positive or negative change rates are possible.

Surafce area of a prism is equal to

2(Area of base) + (perimeter of base)(height)

2b^2+4bh

[tex]S=2b^2+4bh[/tex]

[tex]\frac{ds}{dt}=4b\frac{db}{dt} + 4b\frac{db}{dt} + 4h\frac{db}{dt} \\[/tex]

It is given that db/dt= -7 and dh/dt -=10.

At a particular instant b= 4km, h=9 km.

Now we will substitute the values in this formula:

[tex]\frac{ds}{dt}=-4*4*7-4*4*7+ 4*9*10\\\frac{ds}{dt}=136[/tex]

The rate of change of the surface area A(t) of the prism is 136 kilometers per minute.

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on Monday in December, it was -8 degrees Celsius in Harbin China and -2 degrees Celsius and Beijing China on Tuesday and Beijing it was 5 degrees colder than it was the day before what was the new temperature?

Answers

The required temperature in Beijing China is -7°C on Tuesday.

As mentioned in the numeral,

On Monday in December
The temperature in Harbin China is  -8°C,

Now,
The Temperature in Beijing china is -2°C
According to the condition, the temperature on the next day in Beijing is 5° degrees colder than it was yesterday since the temperature is becoming colder implying that the temperature is getting decreased by -5°C.

The temperature on Tuesday is given as,
T = -2°C - 5°C  [subtracting -5 because the temperature is decreased]
T = - 7°C

Thus, the required temperature in Beijing China is -7°C on Tuesday.

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Graph y = - 1/2x + 3 use the line tool and select two points on the line

Answers

The points to be graphed are (6, 0) and (0, 3). The graph of the equation is shown in the attached image

How to graph the equation of a line?

y = - 1/2x + 3

In order to graph the equation of the line:

First, find the value of x when y = 0:

y = - 1/2x + 3 , when y = 0:

0 = - 1/2x + 3

1/2x = 3

x = 3 × 2

x = 6

Also, find the value of y when x = 0:

y = - 1/2x + 3, when x = 0:

y = - 1/2(0) + 3

y = 3

Therefore,  the values to be plotted on our graph are (6, 0) and (0, 3). The image of the graph is attached

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An online store charges $5 for shipping on all orders. They are having a sale on all t-shirts, $7 each! You and your friends are going to order some shirts. Write an expression that you could use to find the cost of the order.

Answers

Answer:

which one is correct about HRM?

The cost of the order can be expressed as 7x + 5, where x is the number of t-shirts ordered.

In this expression, "7x" represents the cost of the t-shirts, where each shirt is $7 and the number of shirts is represented by "x". The "$5" represents the flat shipping fee for the entire order, which does not change regardless of the number of shirts being ordered.

By adding the cost of the shirts and the shipping fee, we can find the total cost of the order. It's important to understand that the value of "x" must be specified to evaluate the expression.

For example, if 3 shirts are ordered, then x = 3 and the expression becomes:

7 * 3 + 5 = 26

So the total cost of the order would be $26.

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Insurance companies are interested in the average health costs each year for their dients, so that they can
determine the costs of health insurance. Match the vocabulary word with its corresponding example.
888
All of the insurance company's dients
The cost each year for health care
The average health care cost each year for all of the insurance company's dients
The average health care cost each year for the 400 dients that the insurance company
included in this study
The 400 dients that the insurance company included in this study
The list of the 400 annual health care costs for the dients that the insurance company
indude in the study
a. Parameter
b. Population
c. Sample
d. Statistic
e. Data
f. Variable

Answers

Therefore , the solution of the given problem of population is . Sample - The 400 clients that the insurance company included in this study

Define Population.

In common parlance, a population is a distinct group of people who share a common citizenship, identity, or set of traits. A population is a sampling that is typical of a broader group of individuals (or even objects) that share one or more variables characteristics.

Here,

A party promises to reimburse another party in exchange for a fee in the case of a certain loss, damage, or injury as a way of financial loss protection. It is a method of risk management that is primarily employed to protect against the risk of a potential loss.

a. Parameter - The average health care cost each year for all of the insurance company's clients

b. Population - All of the insurance company's clients

c. Sample - The 400 clients that the insurance company included in this study

d. Statistic - The average health care costs each year for the 400 clients that the insurance company included in this study

e. Data - The list of the 400 annual health care costs for the clients that the insurance company includes in the study

f. Variable - The cost each year for health care

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Tracy puts $3,500 into an investment yielding 4.5% annual interest. She left the money in for 8 years and 3 months. How much interest does she get in that time

Answers

Tracy gets $1299.375 interest after 8 years and 3 months for an investment of  $3,500 at a 4.5% annual interest rate.

What is Simple Interest?

Simple interest is calculated based on a loan's principal or the initial deposit into a savings account. Simple interest doesn't compound, therefore a creditor will only charge interest on the principal sum, and a borrower will never be required to pay further interest on the interest that has already accrued.

The formula for calculating Simple Interest is -

S.I. = (P×R×T)/100

where, P = initial principal balance, R = annual interest rate and T = time (in years)

So, the principal rate, P = $3,500, the interest value, R = 4.5%, and the Time is T= 8.25 years.

Applying the formula for Simple Interest -

S.I. = (P×R×T)/100

S.I. = (3500×4.5×8.25)/100

S.I. = 1299.375

Therefore, the interest amount obtained is $1299.375.

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A moving sidewalk carries people at a rate of 400 feet per minute. How long is this moving sidewalk if it takes 4 minutes to travel from one end to the other?
A 25 feet
B 100 feet
C 404 feet
D 1600 feet
*process

Answers

D because 400 per min for 4 min is equal to 1600

The volume of a cylinder is 1,200 yd^3 if it’s height is multiplied by 1/4, what will be the new volume of the cylinder?

Answers

Therefore , the solution of the given problem of volume comes out to be

you would then possess 1/9 of the volume.

What is volume used for?

The term "volume" refers to how much general space an object occupies. Unlike mass, volume changes depending on the surroundings. The mass of a substance in a given volume is referred to as its "density." It describes the relationship between mass and volume.

Here,

A cylinder has a volume of V = r2h.

As a result, V = r2[(1/3)]h is obtained by multiplying h by 1/3.

The (1/3) can be moved to the front to obtain V = [(1/3)]r2h because you are free to multiplied in any ratio you choose.

Thus, you would receive one-third of the initial mass.

What would occur if you increased the radius by 1/3 in contrast to this?

Next, you would have

=> V = π[(1/3)r]2h

=> V = π(1/9)r2h

=> V = (1/9)πr2h

You would then possess 1/9 of the volume.

Therefore , the solution of the given problem of volume comes out to be

you would then possess 1/9 of the volume.

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for a pendulum with a length of l meters, the time in seconds that it takes the pendulum to swing back and forth is 2L^1/2. how long does it take a pendulum that is 9 meters long to swing back and forth

Answers

It will take 9 seconds a pendulum that is 9 meters long to swing back and forth.

What is an expression?

Expression in maths is defined as the collection of numbers variables and functions by using signs like addition, subtraction, multiplication, and division.

WE are Given the expression of length L in feet of a pendulum to the time t in seconds that it takes to swing back and forth modeled as;

T = 2√L

Given

Length of the pendulum = 9 meters

Required Time (period)

Substitute the given value into the formula

T =  2√L

T =  2√9

T = 2  x 3

T = 6 seconds

Hence the period is 6 seconds

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-50 POINTS- only answer if you know. NOT (4,7) OR (5,2).

Answers

Answer:

(8, -2)

Step-by-step explanation:

Given:

[tex]\textsf{If P = (8, 2), Find $\sf R_{x-axis}(P)$}[/tex]

[tex]\sf R_{x-axis}(P)[/tex] means to reflect the given point P in the x-axis.

When a point is reflected in the x-axis, the x-value is unchanged, but the y-value becomes negative:

(x, y) → (x, -y)

Therefore:

[tex]\sf R_{x-axis}(P)=(8,-2)[/tex]

Convert the following component vectors to a linear combination:

< 20 , 14 , -23 >

Answers

The component vectors to a linear combination is given by the equation

A = 20 i^ + 14 j^ - 23 k^

What is the product of vectors?

The dot product, or inner product, of two vectors, is the sum of the products of corresponding components. Equivalently, it is the product of their magnitudes, times the cosine of the angle between them . The dot product , also known as the inner product, of u and v to be the number u ⋅ v given by

u ⋅ v = u₁v₁ + u₂v₂ + u₃v₃

An equivalent definition, typically used in physics, is

u ⋅ v = ∣u∣ ∣v∣ cos θ,

where θ is the angle between u and v

Two nonzero vectors are perpendicular, or orthogonal, if and only if their dot product is equal to zero

Given data ,

Let the component vectors be represented as A

The value of A is

< 20 , 14 , -23 >   be equation (1)

On simplifying the equation to the linear combination , we get

< 20 , 14 , -23 > = 20 i^ + 14 j^ - 23 k^

So , the linear combination of the vectors is given by the equation ,

A = 20 i^ + 14 j^ - 23 k^

Hence , the equation is 20 i^ + 14 j^ - 23 k^

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what fraction is 40 minutes of 8 hours

Answers

40 minutes of 8 hours as a fraction is 1/12.

What is fraction?

Fractions represent the parts of a whole or collection of objects. A fraction has two parts namely numerator (upper part) and denominator (lower part).

Given are 40 minutes to 8 hours.

We can write -

(40 minutes/8 hours)

{40 minutes/(8 x 60)}

(40/480)

1/12

Therefore, 40 minutes of 8 hours as a fraction is 1/12.

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Two exponential functions, f and g, are shown in the figure below, where g is a transformation of f.
19.
4-
2
4
x
Which of the equations given below describes the transformation of f?
OA. g(x) = f(x) - 4
OB.
g(x) = 4f(x)
O c.
g(x) = f(x) + 4
OD.
g(x) = -4f(x)
E

Answers

The transformation of f (x) exists g (x) = f (x) - 4.

What is meant by exponential functions?

A mathematical function using the following formula is an exponential function: f (x) = an x. where x is a variable and an is a fixed amount known as the function's base. The transcendental number e, or roughly 2.71828, is the most often encountered exponential-function base.

A function that has a positive constant increased to a variable exponent, other than 1, is referred to as an exponential function. By solving at a certain input value, a function is assessed. When the beginning value and growth rate are known, an exponential model can be discovered.

We observed that:

f (0) = 2

For the function g (x) we have:

g (0) = -2

Therefore,

g (x) = f (x) - 4

Looking for intersection with axis and we have:

g (0) = f (0) - 4

g (0) = 2 - 4

g (0) = -2 (correct demonstration)

The transformation of f (x) is: A. g (x) = f (x) - 4

Therefore, the correct answer is option A. g (x) = f (x) - 4.

The complete question is;

Two exponential functions, f and g, are shown in the figure below, where g is a transformation of f.

Which of the rules given below shows the transformation of f?

A. g(x) = f(x) - 4

B. g(x) = f(x - 4)

C. g(x) = f(x) + 4

D. g(x) = f(x + 4)

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Question 2(Multiple Choice Worth 5 points)
(Two-Step Linear Inequalities MC)

Find c for the inequality three fifths times c plus 7 is less than or equal to two fifths.

c ≤ −11
c ≥ −11
c ≤ −5
c ≥ −5

Answers

The value of c obtained from the linear inequality (3/5)·c + 7 ≤ 2/5 is the option;

c ≤ -11

What is an inequality?

An inequality is a (non equal) comparison between two expressions that have different values.

The specified inequality can be expressed as follows;

[tex]\dfrac{3}{5} \times c + 7 \leq \dfrac{2}{5}[/tex]

Simplifying the above inequality by subtracting  7 from both sides, we get;

[tex]\dfrac{3}{5} \times c + 7 - 7 \leq \dfrac{2}{5} - 7[/tex]

Evaluating and simplifying the right hand side into a fraction, we get;

[tex]\dfrac{3}{5} \times c + 0 \leq \dfrac{2}{5} - 7 = \dfrac{2 - 35}{5} = \dfrac{-33}{5}[/tex]

[tex]\dfrac{3}{5} \times c \leq \dfrac{-33}{5}[/tex]

Multiplying both sides by 5, we get;

[tex]5\times \dfrac{3}{5} \times c \leq 5 \times \dfrac{-33}{5}[/tex]

[tex]\dfrac{5}{5} = 1[/tex], therefore;

3·c ≤ -33

Dividing both sides of the above inequality by 3, we get;

3·c ÷ 3 ≤ -33 ÷ 3

c ≤ -11

The correct option is; c ≤ -11

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2 copies of 1/10 write fraction for each statement

Answers

2 copies of 1/10 can be written as 2/10

What is a fraction?

A fraction represented with its quotient and remainder is a mixed fraction. For example, 2 1/3 is a mixed fraction, where 2 is the quotient, and 1 is the remainder. So, a mixed fraction is a combination of a whole number and a proper fraction.

Given here 2 copies of 1/10 thus 2×1/10=2/10

                                                                =1/5

Hence, 2 copies of 1/10 can be written as 2/10

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What are the exact values of a and b?

CORRECT ANSWER

WITH EXPLANATION

Answers

Step-by-step explanation:

TRY WITH SOME Trigonometric FUNCTION.

IF SOMETHING IS Wrong . I AM STILL A STUDENT

1. The height of a right triangular prism is 1 5/6 inches. Each side of the triangular base measures 10 inches, and the height of the base is 8 2/3 inches. The triangular prism is placed atop a cube whose side measures 10 inches so that one of the triangular prism’s bases lies completely on one side of the cube.
What is the surface area of the solid formed?
100 POINTS!!! IF YOU DRAW AN ACCURATE DIAGRAM TOO, YOU WILL BE AUTOMTIC BRAINLIEST!!!!!!

Answers

If the height of a right triangular prism is 1⁵/₆ inches. The surface area of the solid formed is 598.33 in².

What is surface area?

The surface area of a solid object is a measure of the total area that the surface of the object occupies.

A three-dimensional solid form with six faces, including rectangular bases, is called a rectangular prism. A rectangular prism also refers to a cuboid. A cuboid and a rectangular prism have the same cross-section.

First step:-

Right triangular prism=1⁵/₆ inches= 11/6 inches

Height of the base=8²/₃ inches = 26/3 inches

Second step:-

Surface area = 5(10× 10) + (0.5÷ 10 × 26/3) + 3(10× 11/6)

Surface area = 5(100) +43.33+ 3(18.33)

Surface area = 500) +43.33 + 55

Surface area = 598.33 in²

Therefore the surface area of the solid formed is about 598.33 in²

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What is the value of k?

1/2k + 6 = 4k - 8

Answers

Answer:

k=4

Step-by-step explanation:

[tex] \frac{1}{2} k - \frac{4}{1} k = - 8 - 6[/tex]

[tex] \frac{(1 \times 1) - (4 \times 2)}{(2 \times 1)} k = - 14[/tex]

[tex] \frac{1 - 8}{2}k = - 14[/tex]

[tex] - \frac{7}{2} k = - 14[/tex]

[tex] \frac{ - \frac {7}{2} }{ - \frac{7}{2} }k = \frac{ - 14}{ - \frac{7}{2} } [/tex]

[tex]k = 4[/tex]

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