I’m stuck on a math problem. It’s asking..

You plan to purchase a house for $425,000 and you will make a 30% down payment. You are evaluating two mortgages a 30-year fixed mortgage at 2.77% and a 15 year fixed mortgage at 2.15%. Your goal is to have a monthly payment that fits within your budget.

A. Which mortgage will give you the lowest monthly payment . What will that payment be. How much less will this be than the other monthly mortgage payment.

B. Assuming you take the full term of the mortgage, which mortgage will result in you paying the most interest. What will that interest be? How much less will this be than the interest on on the other mortgage?

Answers

Answer 1

Answer:

  A. 30 years at 2.77%; $1217.67; $717.38 lower

  B. 30 years at 2.77%; $140861.72; $90,051.68 difference

Step-by-step explanation:

A suitable spreadsheet, calculator, or financial app can help you answer these questions. In the attachments, we show the result of using a TI-84 work-alike calculator's financial app.d

A.

The lowest monthly payment generally results from the longest-term mortgage, even when the interest rate is slightly higher. Here, the lowest payment is $1217.67 on the 30-year loan. It is $717.38 lower than the payment on the 15-year loan.

__

B.

The longer-term loan will generally require payment of more interest. Here, that is made worse by the higher rate on the longer loan. The interest is the sum of payments less the initial principal. The highest amount of interest is $140,861.72 on the 30-year loan. That is $90,051.68 more than for the 15-year loan. (The wording of the question seems to be confused.) The least interest amount is $50,810.04 on the 15-year loan.

Im Stuck On A Math Problem. Its Asking..You Plan To Purchase A House For $425,000 And You Will Make A
Im Stuck On A Math Problem. Its Asking..You Plan To Purchase A House For $425,000 And You Will Make A

Related Questions

Which of the following is a solution of y - x < -3?

(6, 2)
(2, 6)
(2, -1)

Answers

Answer:

(6,2)

Step-by-step explanation:

Answer:

(2,6)

Step-by-step explanation:

x=2

y=6

x-y<-3

2-6<-3

-4<-3

-3 is greater than -4

Hope it helps u

Please mark it as the brainliest answer...

Josephine wants to divide the shed into two compartments. One compartment will have a volume of 100ft^3. What is the volume of the second compartment ?

Answers

I believe using the equation v=lwh the answer would be 420ft^3.

(9x + 4) (2x2 – 17x - 9) = 0
-

Answers

Step-by-step explanation:

So leave (9x+4) and factor (2x2-17x-9) .

Factors into (2x+1)(x-9).

Now set (9x+4)=0 and find x. x= -4/9

set (2x+1)=0 x = -1/2

set x-9=0 so x=9. you have 3 solutions which are -4/9, -1/2, and 9.

Stephen, Paul & Bridget share some money in the ratio 3 : 4 : 2.
In total, Stephen and Bridget receive £50.
How much does Paul get?

Answers

Answer:

  £40.

Step-by-step explanation:

In terms of ratio units, Stephen and Bridget together get 3+2 = 5, while Paul receives 4. That is, Paul gets 4/5 of their combined total, or ...

  4/5 · £50 = £40

Paul gets £40.

Given parameters:

Ratio of their money = 3 : 4 : 2

Total amount received by Stephen and Bridget = 50

Unknown :

How much did Paul get = ?

Solution:

The amount Paul got is a fraction of the total.

  We need to find the total amount first;

  Amount Stephen and Bridget got  = [tex]\frac{ratio of stephen and bridget}{total ratio} x total amount[/tex]

let the total amount = y;

                   50  = [tex]\frac{3+2}{9}[/tex] x y

                    [tex]\frac{5y}{9}[/tex]  = 50

                      5y = 450  

                      y = 90

Now, the amount Paul got;

                         = [tex]\frac{4}{9} x 90[/tex]

                          = 40

The amount Paul got is £40

. On Mary’s MP3 player for everly 3 pop songs Maria had she also had 4 country songs. If she has 15 pop songs on her MP3 player, how many country songs does she have? ________________

Answers

Answer:

20

Step-by-step explanation:

every three pop add 4 country you will get 4 8 12 16 20 making 20 your answer

In a construction project, you are required to create a perimeter wall for a rectangular garden that measures 600 feet long and 100 feet wide. You need to leave space for two gates on each of the longer sides of the garden. Each gate is 50 feet long. What is the total length of the wall?

Answers

Answer:

1,300 feet

Step-by-step explanation:

600 - 50 = 550

550 + 550 + 100 + 100 = 1,300

Mrs. Bankhead is planning a party for her son's 10th birthday. The table represents the
quote she received form Party City.
Number of
Balloons
2
4
6
8
Total Cost of
Balloons
6
12
18
24
7
1 point
The slope is:
2
ООО
6

Answers

The formula for slope is (y2 - y1)/ (x2 - x1)

Let's use (2,6) and (4,12)

12 - 6 = 6

4 - 2 = 2

6/2 = 3

The slope is 3.

select the digit in the thousands place for 689,234​

Answers

Answer: the thousands place is where the nine is

Step-by-step explanation: Hope this helps!

Answer:

The remaining number in thousands units is 9

---

Thank you so much for participate in the community of Brainly.com

I hope help you :)

Kind regards, Antonio.

question is in the picture. someone please help!!

Answers

Answer:

58

Step-by-step explanation:

add 4 eight more times

What is 15% off 1200

Answers

Answer:

1020

Step-by-step explanation:

pls rate brainliest!

Answer:

1020

Step-by-step explanation:

First we need to find out what 15 is so we can divide 1200 by 100 to get 12 so 1% = 12 so 15 x 12 = 180

1200-180=1020

PLS HELP ME GIVING BRAINLIEST!!!!
For each of the following questions, draw a diagram to explain your answer.

a. How many fourths are in one half?

b. How many sixths are in two thirds?

c. How many fourths are in six eighths?

d. How many halves are in 3 5/10​

Answers

Answer:

Brainly patrol stop deleting my answers

A. 2

B. 4

C. 3

D. 7

Step-by-step exp

Answer:

a. 2

b. 4

c. 3

d. 7

explanation:

a. fourths refers to 1/4 and one half refers to 1/2

1/2 ÷ 1/4 = 2

b. sixths refers to 1/6 and two thirds to 2/3

2/3 ÷ 1/6 = 4

c. fourths refer to 1/4 and six eighths refers to 6/8

6/8 ÷ 1/4 = 3

d. halves refers to 1/2 and 3 5/10​

3 5/10​ ÷ 1/2 = 7

PLEASE HELP!!!!!!!The product of 2v3 and 3v12 in simplified form is?

Answers

Answer:

install socratic it will give you all answer no kiding

Examine the lines that are cut by transversals to determine the measure of angle 1.
What is the measure of angle 1?


m <1: _____


Why?

Answers

Answer: 48 degrees

Step-by-step explanation:

Alternate interior angles theorem

Answer:

m <1=

✔ 48°

Why?

✔ It corresponds to the 48-degree angle.

Step-by-step explanation:

You pick a card at random. 2 3 4
What is P(4 or factor of 90)?
Write your answer as a fraction or whole number.

Sacas una carta al azar. 2 3 4
¿Cuánto es P(4 o factor de 90)?
Escribe tu respuesta como una fracción o como un número entero.

Answers

Answer:

P (4 or factor of 90) = 1

Step-by-step explanation:

Given :-

Three cards numbered 2, 3, 4

To Find :-

P (4 or factor of 90)

Solving :-

4 is required and we know that 2 and 3 are both factors of 90.

Therefore, P (4 or factor of 90) = 1

Solution :-

P (4 or factor of 90) = 1

Answer:

1

Step-by-step explanation:

P(2) = 1/3

P(3) = 1/3

P(4) = 1/3

2 and 3 are factors of 90

⇒ P(factor of 90) = P(2) or P(3) = 1/3 + 1/3 = 2/3

Therefore,

P(4 or factor of 90) = P(4) or P(factor of 90) = 1/3 + 2/3 = 1

Allie is single, has an adjusted gross income of $25,005 and one exemption of $12400. How much is his tax according to the table? Hint: find taxable income first. $1246 $1263 $1318 $1324

Answers

Allie's tax amount is the amount deducted from his taxable income

Allie's tax amount is $1427

How to determine the tax?

The given parameters are:

Adjusted gross income = $25,005

Exemption = $12400

Start by calculating the taxable income using

Taxable income = Adjusted gross income - Exemption

So, we have:

Taxable income = $25,005 - $12400

Evaluate the differences

Taxable income = $12605

The question is incomplete.

So, I will use the table of the single taxable income tax bracket and rates, 2016

Using the table, the tax amount on an income of $12605 is:

Tax = $927.50 + 15% * (Amount - $9275)

So, we have:

Tax = $927.50 + 15% * ($12605 - $9275)

Evaluate

Tax = $1427

Hence, Allie's tax amount is $1427

Read more about taxable income at:

https://brainly.com/question/25783927

Answer:

The real answer is $1318

Step-by-step explanation:

I hope this helps

please help!!
Write a matrix representing the system of equations

Answers

Answer:

[tex](4, -1, 3)[/tex]

Step-by-step explanation:

We have the system of equations:

[tex]\left\{ \begin{array}{ll} x+2y+z =5 \\ 2x-y+2z=15\\3x+y-z=8 \end{array} \right.[/tex]

We can convert this to a matrix. In order to convert a triple system of equations to matrix, we can use the following format:

[tex]\begin{bmatrix}x_1& y_1& z_1&c_1\\x_2 & y_2 & z_2&c_2\\x_3&y_2&z_3&c_3 \end{bmatrix}[/tex]

Importantly, make sure the coefficients of each variable align vertically, and that each equation aligns horizontally.

In order to solve this matrix and the system, we will have to convert this to the reduced row-echelon form, namely:

[tex]\begin{bmatrix}1 & 0& 0&x\\0 & 1 & 0&y\\0&0&1&z \end{bmatrix}[/tex]

Where the (x, y, z) is our solution set.

Reducing:

With our system, we will have the following matrix:

[tex]\begin{bmatrix}1 & 2& 1&5\\2 & -1 & 2&15\\3&1&-1&8 \end{bmatrix}[/tex]

What we should begin by doing is too see how we can change each row to the reduced-form.

Notice that R₁ and R₂ are rather similar. In fact, we can cancel out the 1s in R₂. To do so, we can add R₂ to -2(R₁). This gives us:

[tex]\begin{bmatrix}1 & 2& 1&5\\2+(-2) & -1+(-4) & 2+(-2)&15+(-10) \\3&1&-1&8 \end{bmatrix}\\\Rightarrow\begin{bmatrix}1 & 2& 1&5\\0 & -5 & 0&5 \\3&1&-1&8 \end{bmatrix}[/tex]

Now, we can multiply R₂ by -1/5. This yields:

[tex]\begin{bmatrix}1 & 2& 1&5\\ -\frac{1}{5}(0) & -\frac{1}{5}(-5) & -\frac{1}{5}(0)& -\frac{1}{5}(5) \\3&1&-1&8 \end{bmatrix}\\\Rightarrow\begin{bmatrix}1 & 2& 1&5\\ 0 & 1 & 0& -1 \\3&1&-1&8 \end{bmatrix}[/tex]

From here, we can eliminate the 3 in R₃ by adding it to -3(R₁). This yields:

[tex]\begin{bmatrix}1 & 2& 1&5\\ 0 & 1 & 0& -1 \\3+(-3)&1+(-6)&-1+(-3)&8+(-15) \end{bmatrix}\\\Rightarrow\begin{bmatrix}1 & 2& 1&5\\ 0 & 1 & 0& -1 \\0&-5&-4&-7 \end{bmatrix}[/tex]

We can eliminate the -5 in R₃ by adding 5(R₂). This yields:

[tex]\begin{bmatrix}1 & 2& 1&5\\ 0 & 1 & 0& -1 \\0+(0)&-5+(5)&-4+(0)&-7+(-5) \end{bmatrix}\\\Rightarrow\begin{bmatrix}1 & 2& 1&5\\ 0 & 1 & 0& -1 \\0&0&-4&-12 \end{bmatrix}[/tex]

We can now reduce R₃ by multiply it by -1/4:

[tex]\begin{bmatrix}1 & 2& 1&5\\ 0 & 1 & 0& -1 \\ -\frac{1}{4}(0)&-\frac{1}{4}(0)&-\frac{1}{4}(-4)&-\frac{1}{4}(-12) \end{bmatrix}\\\Rightarrow\begin{bmatrix}1 & 2& 1&5\\ 0 & 1 & 0& -1 \\0&0&1&3 \end{bmatrix}[/tex]

Finally, we just have to reduce R₁. Let's eliminate the 2 first. We can do that by adding -2(R₂). So:

[tex]\begin{bmatrix}1+(0) & 2+(-2)& 1+(0)&5+(-(-2))\\ 0 & 1 & 0& -1 \\0&0&1&3 \end{bmatrix}\\\Rightarrow\begin{bmatrix}1 & 0& 1&7\\ 0 & 1 & 0& -1 \\0&0&1&3 \end{bmatrix}[/tex]

And finally, we can eliminate the second 1 by adding -(R₃):

[tex]\begin{bmatrix}1 +(0)& 0+(0)& 1+(-1)&7+(-3)\\ 0 & 1 & 0& -1 \\0&0&1&3 \end{bmatrix}\\\Rightarrow\begin{bmatrix}1 & 0& 0&4\\ 0 & 1 & 0& -1 \\0&0&1&3 \end{bmatrix}[/tex]

Therefore, our solution set is [tex](4, -1, 3)[/tex]

And we're done!

7b+2 b = 2
3(2c-10)
1+2.1y-0.9y+4

Answers

Answer:

If you were to solve for, 7b+ 2b = 2 then;

7b+ 2b = 2

Combine like terms first:

(7b + 2b)

9b = 2

Then divide by 9 from both sides to solve for b:

/9    /9

b = 2/9 or 0.222..

If you were to solve for, 3(2c - 10) then;

3(2c - 10)

Use the distributive property, and multiply 3 to both 2c and 10:

3(2c) - 3(10)

6c - 30

If you were to solve for, 1 + 2.1y - 0.9y + 4 then;

1 + 2.1y - 0.9y + 4

Combine like terms:

(1 + 4) (2.1y - 0.9y)

5 + 1.2

Write an equation in slope-intercept form for the line that satisfies each set of conditions.
parallel to y=2/3x - 10, x intercept at 9​

Answers

Answer: Y= 2/3x + 9

Explanation: The equation is in slope-intercept form, y=mx+b. Since it is parallel to the equation, it has the same slope (2/3x) and since b is the x intercept, b is 9.

The equation in slope-intercept form for the line that is parallel to y=(2/3)x-10 and x-intercept at 9 is y =

What is a Linear Equation of a line?

A linear equation is an algebraic equation of the form y=m x + b. involving only a constant and a first-order (linear) term, where m is the slope and b is the y-intercept

Parallel lines have the same slope.

Given data ,

The x-intercept is obtained when we set the value y = 0

As the x-intercept is 9 , therefore the point representing the x-intercept will be: ( 9 , 0 )

Now , the equation of line is given by y = m x + c

And , y = ( 2 / 3 ) x - 10

Since the lines are parallel , they will have same slope

So , the equation in slope intercept for the line will be

y = ( 2 / 3 ) x + 9

Hence the equation of line will be y = ( 2 / 3 ) x + 9

To learn more about linear equation of line click :

https://brainly.com/question/19549081

#SPJ2

Choose the best graph that represents the following systems of linear inequality.

Answers

Answer:

C

Step-by-step explanation:

using the power of elemination,looking at the first equation,we singled out the top 2, now looking at the 2nd equation, we see the y intercept is 2 meaning it has to be graph c

Approximately how many sentences should your Summary contain?

Answers

Answer:

5-6 I think

Step-by-step explanation:

Emmett deposited $90 in an account earning 5% interest compounded annually.
To the nearest cent, how much will he have in 2 years?
Use the formula B=p(1+r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

Answers

The value of the account after two years given the amount deposited and the rate of interest would be  $99.23.

What is compound interest?

Compound interest is when both the amount deposited and the interest already accrued increase in value when interest is paid.

What is the value of the account?

The formula that can be used to determine value of the account is:

B=p(1+r)^t

where:

B =  balancep =  principal r = the interest ratet = time

$90(1.05)^2 = $99.23

To learn more about compound interest, please check: https://brainly.com/question/26367706

plss say hi and follow my yt paycake&kelp!

Answers

Answer:

hi

Step-by-step explanation:

Answer:

ok

Step-by-step explanation:

write an algebraic expression for each phrase
a number n divided by 4.

Answers

The answer is 2 just took the text

Solve each inequality and graph it's solution set on a number line.
1. 0<2x-10<20
2. x+7<7 OR 5+2x>8

Pls Help 40 Points ​

Answers

Hey there!

1) 0<2x−10<20

0+10<2x−10+10<20+10(Add 10 to all parts)

10<2x<30

10/2 <2x/2 < 30/2 (Divide all parts by 2)

5<x<15

Answer:

5<x<15

Graph in first image

2) x+7<7

Step 1: Subtract 7 from both sides.

x+7−7<7−7

x<0

OR

5+2x>8

Step 1: Simplify both sides of the inequality.

2x+5>8

Step 2: Subtract 5 from both sides.

2x+5−5>8−5

2x>3

Step 3: Divide both sides by 2.

2x/2 > 3/2

x > 3/2

What is 5^8 plus 9375?

Answers

Answer:

400000

Step-by-step explanation:

5^8 = 390625

390625 + 9375 = 400000

Answer:

400,000

Step-by-step explanation:

We solve for 5^8 first,

this means that 5 is being multiplied by itself 8 times.

5 x 5 x 5 x 5 x 5 x 5 x 5 x 5 = 390,625

Now we add this to 9,375:

390,625 + 9,375 = 400,000

A square is cut into two identical rectangles. Find the perimeter of each rectangle if the perimeter of the square is 48 cm.

thankyou ~​

Answers

Solution:

perimeter of rectangle = 2 ( Length + Width )

a square has all sides of similar length. thus [ length = width ]

Find length/width:

2 (length + length) = 48

2(length) = 24

length = 12 cm

width = 12 cm

⇒ The dimensions of square: 12 x 12

If the square cut into half, the dimensions of either length or width will half.

Therefore, the perimeter of rectangle:

→ 2 (length + width)

→ 2 ( 12 + 6 )

→ 2 ( 18 )

→ 36 cm

1 + 2 x 4x+1
4x^2 + 5x+1 x x^2-4


Answers

Answer: 1 + 2 x 4x+1=10

Step-by-step explanation: 4x^2 + 5x+1 x x^2-4= also= 10

Please help and explain why it is the answer please!

Answers

9514 1404 393

Answer:

  d)  m∠a = m∠f

Step-by-step explanation:

Where a transversal crosses parallel lines, certain relationships between the angles are established. Effectively, the two same-side interior angles are supplementary, as they would be in a parallelogram. Here, those are angles B and F, or angles A and E.

The vertical- and linear-angle relationships give rise to all of the other ways this is expressed. For example, angles A and B are a linear pair, so supplementary. Since B and F are supplementary, and B and A are supplementary, F = A. Using more formal language, ...

  m∠a = m∠f


How would you use a number line to
order integers from greatest to least?

A Graph the absolute values, then read
them from left to right.

B Graph the integers, then read them
from left to right.

C Graph the integers, then read them
from right to left.

Answers

The answer is c I would graph the number line and then simply read the numbers from right to left

8. The Harris family is planning to buy a new 46 inch HDTV that costs $488. Mr. and Mrs. Harris will pay $200 and their three sons will split the
remaining cost equally Explain how to find the amount each of the boys will pay.

Answers

Answer:

$96

Step-by-step explanation:

488 - 200 =288( The amount three sons have to pay together)

So, each son will pay 288/3 = $96

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