You have just arranged for a $1,760,000 mortgage to finance the purchase of a large tract of land. The mortgage has an APR of 7.6 percent, and it calls for monthly payments over the next 25 years. However, the loan has an eight-year balloon payment, meaning that the loan must be paid off then. How big will the balloon payment be?
Answers
Answer:
$1,500,257.38
Step-by-step explanation:
The balloon payment will be the balance on the loan after 8 years worth of payments have been made. The normal payment amount is the value calculated for a 25-year loan. A spreadsheet, financial calculator, or app can simplify this for you. In the attached, we have used the financial functions available on a TI-84 calculator.
The normal monthly payment will be $13,120.94.
After 8 years, the remaining balance will be $1,500,257.38. This is the size of the balloon payment.
Related Questions
The question has been posted below:
Answers
Answer:
Step-by-step explanation:
b:)
PLEASEEEE HELP!!!!!!!!!!!
Answers
Answer:
yes
Step-by-step explanation:
What is 40, percent of 10?
Answers
Answer:
Question: What is 40, percent of 10?
Answer: 4
If f(x) = − 5, what is f(8.6)?
1.) 3
2.) 4
3.) 8
4.) 9
Answers
Answer: It's 2.) 4 is the answer
Please help! Geometry Dilations, Similar triangles & proportionality
Answers
9514 1404 393
Answer:
? = 8
Step-by-step explanation:
The parallel lines divide the segments proportionally:
?/4 = 10/5
? = 4(10/5) = 8 . . . . multiply by 4
The missing length is 8.
i have 120g butter and 150g sugar.
1) what’s the ratio of butter to sugar?
2) what’s the ratio in the form 1:n ?
Answers
Answer:
1) 4 : 5
2) 1 : 5/4
.................................
a cylinder has an approimate 1357.1 cubic yards. the raduis of the cylinder is 6 yards. what is the height of the cylinder
Answers
Answer:
Step-by-step explanation:
Find the radius and height. ...
Convert inches to yards, convert feet to yards, or convert meters to yards.
Multiply the radius of the cylinder times the radius, e.g. r2
Multiply times π to get the area of the circle.
Multiply times the height of the cylinder to get the volume.
Jen invested $3500 into a continuously compounded account with an interest rate of 3.1%. After 9 years, how much money is in the account? Round your answer to the nearest whole number
Answers
Answer:
4626
Step-by-step explanation:
Convert the fraction 23/
12
into decimal
Answers
Answer:
1.916 just devide: 23÷12=1.916
Answer:
[tex]1.917[/tex]
Step-by-step explanation:
[tex] \frac{23}{12} \frac{ \times8.33333333 }{ \times 8.33333333} \\ = \frac{191.666667}{100} \\ = 1.917[/tex]
what is 32 divided by 616 please answer with step by step problem
Answers
Answer:
0.05194805194 rounded to the nearest tenth is 0.1
How long is the flashlight?
Answers
Answer:
what flashlight
Step-by-step explanation:
Answer:
Flashlight.
Step-by-step explanation:
Which FlashLight are you looking for? Here are some Names and Explanations for them.
As a very general estimate, a low-lumen flashlight (under 50 lumens) will run for about 20-50 hours. A flashlight with 50-150 lumens will run for about 6-12 hours on it's highest setting, and high lumen flashlight or headlamp (over 150 lumens) will run about 2-8 hours on their highest settings.
Also most averge about 3 - 10 Inches.
a farmer sells 8.6 kilograms of pears and apples at the market.1/4 of this weight are pears the rest are apples. How many kilograms of apples did she sell at the farmers market?
Answers
Step-by-step explanation:
8.6÷1/4 = 34.4
#Ihopethishelps
Can anyone solve this problem
Answers
Answer:
[tex]10(x - a) \\ [/tex]Step-by-step explanation:
[tex] \sqrt{ {x}^{2} - {a}^{2} } \sqrt{ \frac{10}{a + x} } \\ = {( \sqrt{ {x}^{2} - {a}^{2} } \sqrt{ \frac{10}{a + x} })}^{2} \\ = ({x }^{2} - {a}^{2} ) \times ( \frac{10}{a + x} ) \\ = (x - a)(x + a) \times \frac{10}{a + x} \\ = (x - a) \times 10 \\ = 10(x - a) \\ [/tex]
Does anyone know this?
Answers
Answer:
Step-by-step explanation:
2x+17=3x-4(alternate angles)
21=x
3x-10+2x+30=180(linear pair)
5x+20=180
5x=160
x=32
x2-30x+81
Answer (x-27)(x-3)
Answers
in which quadrant is the point (4,-2 located
Answers
Answer:
quadrant 4
Step-by-step explanation:
Hope this helped :)
also can you pls rate thanks
Answer:
The point is located in the fourth quadrant.
Step-by-step explanation:
I'm pretty sure it that. Hope its right!
Which lists all the factors of 20? *
1 point
2, 4, 5
20, 40, 60
1, 2, 4, 5, 10, 20
5, 10, 15, 20
Answers
Answer:
C
Step-by-step explanation:
A is incorrect because it doesn't list all of the factors of 20.
B is incorrect because it is listing the multiples of 20.
D is incorrect because is doesn't list all of the factors of 20.
PLEASE HELP!!! ILL GIVE BRANLIEST *EXTRA POINTS* dont skip :((
Answers
Answer:
75%
Step-by-step explanation:
math go brr
Help math math ASAP help
Answers
Answer:
y - 4 = -2(x - 5)
Step-by-step explanation:
point slope form is y-y1 = m(x-x1)
the original equation is given in slope intercept form y = mx + b
Parallel lines have equal slopes so from the given equation y = -2x-3
the slope m = -2.
Use the given point (5,4) as (x1, y1).
y - 4 = -2(x - 5)
Answer:
[tex]\displaystyle y - 4 = -2(x - 5)[/tex]
Step-by-step explanation:
Parallel equations have SIMILAR RATE OF CHANGES [SLOPES], so −2 remains as is as you proceed with plugging the information into the Point-Slope Formula:
[tex]\displaystyle [5, 4] \\ \\ \boxed{y - 4 = -2(x - 5)}[/tex]
**Remember, all negative symbols give you the OPPOCITE TERMS OF WHAT THEY REALLY ARE, so make sure both operation symbols are correct.
I am joyous to assist you at any time.
classify the following triangle
Answers
Answer:
acute and icosceles
Step-by-step explanation:
What is the best first step if your plan is to find the exact value of cos 75°using the Cosine Angle Sum Identity?
Answers
Step-by-step explanation:
the best first step is to I identify (a+b) within the arguement which equal to 75. also, the values of cos or sin of these numbers should be known. in this case the numbers are 30 and 45 as their sum equates to 75.
comment if you need any further guidance.
Two minor league baseball players got a total of 360 hits. Washington had 14 more hits than Sanchez. Find the number of hits for each player.
Question content area bottom
Part 1
Washington had enter your response here
hits. Sanchez had enter your response here
hits.
Answers
Answer:
denote the number of hits that sanchez had with since washington had 18 more hits than sanchez we can say that washington had + 18 hits.
since the total number of hits is 308 we can write
+ ( + 18) = 308.
This is an equation for finding .
2 + 18 = 308
2 = 290
= 145.
so sanchez had 145 hits.
to find the number of hits by washington add 18:
+ 18 = 145 + 18 = 163.
Answer: sanchez had 145 hits and washington had 163 hits.
Step-by-step explanation:
After Lydia spends 20% of her savings on car repairs, she has $1500 left. How much was in her saving originally?
Answers
Answer:
$7,500
Step-by-step explanation:
1500/2 750, 750x10=7,500
Suppose that 12% of people own dogs. If you pick two people at random, what is the probability that they both own a dog?
Answers
Answer:
Probability of owning one dog;
12/100 = 0.12
Probability of owning 2 dogs;
0.12 x 0.12 = 0.0144, but we make it a percent so:-
1.44%, there is a 1.44% probability that they both own a dog.
please help me now help me nowww please
Answers
Answer:
A. 1
B. 3
C. 2
D. 5
E. 4
F. 6
PLEASE HELP! WILL GIVE BRAINLIEST
Answers
Answer:
b
Step-by-step explanation:
if you put
[tex] \times = 0 \\[/tex]
and check the values
function b gives highest value
A small bookshelf is
8
12
yard long. How many books can fit on the shelf if the width of each book is
24
yard? Explain.
HERE IS WHAT I GOT SO FAR PKEASEEEE. HELP I AM LOST jsjsjdndjdj
Answers
Answer:
16
Step-by-step explanation:
8/12 ÷ 1/12 = 8/12×24/1=192/12=16
The required number of books that can be fitted to the 8/12 yard long bookshelf is 16 books.
Given that,
A small bookshelf is 8/12 yards long. how many books can fit on the shelf if the width of each book is 1/24 yard is to be determined.
The ratio can be defined as the comparison of the fraction of one quantity towards others. e.g.- water in milk.
here,
The total length of the shelf = 8 / 12 yard
Width of a book = 1 / 24 yard
So the total number of books that can be accumulated on the shelf will be the ratio of the total length of the shelf to the width of a book. So,
Total books = 8 / 12 / {1 / 24]
= 8 * 24 / 12
= 16
Thus, the required number of books that can be fitted to the 8/12 yard long bookshelf is 16 books.
Learn more about Ratio here:
brainly.com/question/13419413
#SPJ2
If a circle is inscribed in a square, then the diagonal of the square contains a diameter of the circle.
a) Always
b) Sometimes
c) Never
Answers
Answer: C
Step-by-step explanation:
The side length is equal to the diameter, not the diagonal.
These points are linear.
Find the slope.
x -2 -1 0 1 2
y -7 0 7 14 21
Answers
Answer:
7
Step-by-step explanation:
use the equation y2 - y1/ x2 - x1 to find the slope
-7 - 0/-2 - (-1)
-7/-1
7
y = 7x + b
if you want to check we have to find the y-intercept
(i can also show how to find it if you want :D)
2. What is the equation of the line in point-slope form? Use the point on the graph.
Answers
9514 1404 393
Answer:
y -1 = 1/2(x +2)
Step-by-step explanation:
The line has a rise of 1 grid unit for each 2 that it goes to the right. Its slope is then m = rise/run = 1/2. The given point appears to be (-2, 1).
The point-slope form of the equation for a line is ...
y -k = m(x -h) . . . . . line with slope m through point (h, k)
For the given slope and point, this is ...
y -1 = 1/2(x +2)