Jason and Pam recently bought a house. They financed the house with a $250,000, 30-year mortgage with a nominal interest rate of 77% compounded monthly. Mortgage payments are made at the end of each month. What would be their house payment?

Answers

Answer 1

Answer:

Annual payument (PMT)= $1,663.19

Step-by-step explanation:

Giving the following information:

Loan (PV)= $250,000

Monthly interest rate (i)= 0.07/12= 0.005833

Number of periods (n)= 12*30= 360 months

To calculate the monthly payment, we need to use the following formula:

Annual payument (PMT)= (PV*i) / [1 - (1+i)^(-n)]

Annual payument (PMT)= (250,000*0.005833) / [1 - (1.005833^-360)]

Annual payument (PMT)= $1,663.19


Related Questions

PLEASE HELP 30 POINTS AND BRAINLY

Answers

Answer:

I think the option B suits the most

Step-by-step explanation:

State if the three numbers can be the measures of the sides of a triangle
5, 12, 10
Yes
No

Answers

No it can not since two of the sides of a triangle are the same. Don’t click the links!

1. Jemima wants to make chocolate chip walnut brownles. Chocolate chips come in a 12oz bag that costs $3. Walnuts
come in a 4oz bag that costs $2. If Jemima needs three pounds of chocolate chips and walnuts combined, and has $15
to spend, how many bags of each can she buy?

Answers

Answer:

4 bags of chocolate chips and 1 bag of walnuts.

Step-by-step explanation:

Find how many ounces are in 3 pounds:

16 oz = 1 lb

16 oz × 3 = 3 lbs

48 oz = 3 lbs

Variable x = number of chocolate chips

Variable y = number of walnuts

4x + 1y = 15

Keep in mind it must equal up to 48 oz and be $15 or under.

4 bags × 12 oz = 48 oz

1 bag × 4 oz = 4 oz

48 oz + 4 oz = 52 oz > 48 oz

4 bags × $3 = $12

1 bag × $2 = $2

$12 + $2 = $14 < $15

Both requirements have been met.

6. Rewrite each of the following expressions without roots by using fractional exponents.

Please help! I have tried to look it up everywhere and I don’t understand how to do it. Anything helps!!

Answers

Answer:

A. x¹/²

B. x¹/³

C. x¹/⁷

D. x⁵/²

E. x¹¹/³

F. 1 / x¹/⁴

G. 1 / x²/³

H. 1 / x⁹/²

Step-by-step explanation:

A. √x

Recall

√M = M¹/²

Therefore,

√x = x¹/²

B. ³√x

Recall

ⁿ√M = M¹/ⁿ

Therefore,

³√x = x¹/³

C. ⁷√x

Recall

ⁿ√M = M¹/ⁿ

Therefore,

⁷√x = x¹/⁷

D. √x⁵

Recall

√Mⁿ = Mⁿ/²

Therefore,

√x⁵ = x⁵/²

E. ³√x¹¹

Recall

ⁿ√Mᵃ = Mᵃ/ⁿ

Therefore,

³√x¹¹ = x¹¹/³

F. 1 / ⁴√x

Recall

ⁿ√M = M¹/ⁿ

Therefore,

1 / ⁴√x = 1 / x¹/⁴

G. 1 / ³√x²

Recall

ⁿ√Mᵃ = Mᵃ/ⁿ

Therefore,

1 / ³√x² = 1 / x²/³

H. 1 / √x⁹

Recall

√Mⁿ = Mⁿ/²

Therefore,

1 / √x⁹ = 1 / x⁹/²

Work out the answers of the following:
1) −2 - 7 + 4=
2)−20 + 11 − 6=
3)−5 + 14 − 8=
4)−13 − 4 + 6=
5)−30 − 80 + 40=
HELPPP PLEEEAAAASSSSEEE!!!! :(

Answers

Answer:

1)-5

2)-15

3)1

4)-11

5)-70

if negative use () for example

(-2)-7+4

Answer:

1. -5

2. - 15

3. 1

4. - 11

5. -70

Emily's snack allowance at school exceeds $7. Her snack allowance is one-fourth of her monthly allowance. Write and solve an inequality to determine a, what could be Emily's monthly allowance?

Answers

Answer:

x>28

Step-by-step explanation:

x>7

4x>28

1.
The table below shows the favorite fruits of the 6th graders in Alyssa’s school.


What is the mode of this data set?


https://scope.schoolobjects.com/eduphoria_webcontrols/tests/TestImage.aspx?bnk=cscope&aid=79a723b3-8302-4a87-94fa-3a7a8ae740ee&mode=edit

Answers

Answer:

screenshot the data set instead of giving a link then i will be able to help.

Step-by-step explanation:

PLEASE don't make a link give me the answer nd how you got it i trust you. A=__in^2

Answers

For the square:
32•48= 1536 in ^2

For the triangle: 48•12= 576/2= 288 in^2

1536+288= 1824 in^2

For a beverage, Lisa mixes cups of lemonade to cups of iced tea in a ratio of 2:5. Which of the following best describes the amount of lemonade to iced tea?

For every 2 cups of lemonade, there are 3 cups of iced tea.
For every 2 cups of lemonade, there are 5 cups of iced tea.
For every 3 cups of lemonade, there are 2 cups of iced tea.
For every 5 cups of lemonade, there are 2 cups of iced tea.

Answers

Answer:

Answer 2 would be true.

Step-by-step explanation:

Because our ratio is 2:5 (or 2 to 5 for easier understanding) we know that every 2 cups we use of lemonade, we pair with 5 cups of tea.

Answer:

The answer is B

Step-by-step explanation:

For every 2 cups of lemonade, there are 5 cups of iced tea.

when evaluating (6.28x10^12)/(3.14x10^4)

Answers

Answer:

2×[tex]10^{8}[/tex]

or

200000000

Step-by-step explanation:

[tex]\frac{6.28*10^{12} }{3.14*10^4}[/tex]

2×[tex]10^{8}[/tex]

or

200000000

A rectangular prism has a volume of 175 in'. The height of the prism is 7 in. The base is a square. What is the length of a side of the base?​ please help

Answers

Answer:

a=5cm

Step-by-step explanation:

V=B*H

You will get base if you do this:

B=V:H

B=175:7

B=25

I'm not so good with English, side is probably a,so:

Formula for base: B=a²

Then a=√B

a=√25

a=5cm

I hope this helps.

Which cords are congruent

Answers

Answer:

A chord is a line segment with endpoints on the circle. le Conjecture tells us that the central angles determined by the congruent chords are equal in measure

Step-by-step explanation:

Consider function g.
g(x) = 5/x - 1 + 2

What is the average rate of change of function g over the interval [-4, 3]?

A. 1/2
B. -1/2
C. -7/2
D. 2

Answers

Answer:

Step-by-step explanation: The answer is 1/2. This is on the Odyssey online Algebra 2 mastery test.

The average rate of change of function g over the interval [-4, 3] will be;

⇒ 1/2

What is Division method?

Division method is used to distributing a group of things into equal parts. Division is just opposite of multiplications. For example, dividing 20 by 2 means splitting 20 into 2 equal groups of 10.

Given that;

The function g is,

⇒ g (x) = 5 / (x - 1) + 2

And, The interval is,

⇒ [ - 4, 3 ]

Now,

We know that;

The average rate of change of function at interval [a, b] is,

⇒ f (b) - f (a) / (b - a)

So, The average rate of change of function g over the interval [-4, 3] is,

⇒ g (3) - g (- 4) / (3 - (- 4))

Here, The function g is,

⇒ g (x) = 5 / (x - 1) + 2

Put x = 3;

⇒ g (3) = 5 / (3 - 1) + 2

           = 5/2 + 2

           = 4.5

Put x = - 4;

⇒ g (-4) = 5 / (- 4 - 1) + 2

            = 5 / - 5 + 2

            = - 1 + 2

            = 1

So, WE get;

The average rate of change = (4.5 - 1) / 7

                                           = 3.5 / 7

                                           = 1/2

Learn more about the divide visit:

https://brainly.com/question/28119824

#SPJ2

Find the slope of the line.
Will give brainiest if correct.

Answers

Answer:

1,2

Step-by-step explanation:

Answer:

The slope of the line is (2)

Step-by-step explanation:

Good luck ^_^

Homework help please

Answers

Answer:

[tex]V=868.13\ ft^3[/tex]

Step-by-step explanation:

Given that,

The side length of the base of the pyramid, a = 14.1 ft

The height of the pyramid, h = 13.1 ft

We need to find the volume of the pyramid. The formula for the volume of the square base pyramid is given by :

[tex]V=\dfrac{a^2h}{3}[/tex]

Put all the values,

[tex]V=\dfrac{(14.1)^2\times 13.1}{3}\\\\V=868.13\ ft^3[/tex]

So, the volume of the pyramid is equal to [tex]868.13\ ft^3[/tex].  

what is 7432 divided by 6

Answers

1238.6 and a line over the 6 because it’s continuing

What is the value of b for b2 = 36/64

Answers

answer is C: 6/8

solve with square roots

The average length of a female dolphin is about 171 inches (in). What is this length in feet (ft) and inches (in)?

Answers

Answer:

14 feet and 3 inches

Step-by-step explanation:

Answer:

14.25ft

171 in

Step-by-step explanation:

The height of a falling pinecone can be represented by y = -16° +64 where t is the time in seconds
and y is the height of the pinecone in feet. Write and solve an equation to find the number of seconds it
will take for the pinecone to reach the ground.
A. 4 seconds
B. 6 seconds
C. 2 seconds
D. 1.5 seconds

Answers

Answer:

4 Seconds

Step-by-step explanation:

Let's say the height of the ground is set at y = 0.

Then, since 16 times 4 is 64, we substitute 4 for x.

But wait! x is being squared!

So we need to find out what squared is 4. It's 2.

So, with x being equal to two, y is equal to 0.

But what is the number of seconds? We actually got it first.

That means that the answer is 4.

The pinecone takes 4 seconds to reach the ground.

pls help me with this!

show this standard form equation in a graph

5x+y=-2​

Answers

Answer:

Step-by-step explanation:

One way to do this is to find the x- and y-intercepts and to plot these:

x-intercept:  Let y = 0:  5x = -2, or x = -2/5, so the x-intercept is (-2/5, 0).  Plot this point.

y -intercept:  Let x = 0:  y = -2, so the y-intercept is (0, -2).  Plot this point.

Finally, draw a line through these two points.

Brent works part-time at a clothing store. He earns an hourly wage of $15. If he needs to earn more than $45 in a day and works for x hours a day, which inequality represents this situation? A. 15x > 45 B. 15x < 60 C. x > 60 D. 15x < 45 E. x < 60

Answers

Answer:

A) 15x > 45

Step-by-step explanation:

Let X represent an hour. His wage will be 15 times that, so you have:

15x

He needs to earn more than 45 a day, so the inequality needs to be >45

Only answer that satisfies these conditions is A:

A) 15x > 45

Answer:     A.

Step-by-step explanation:

If p is true and ~q is false then p -> ~q is ___ false.

Sometimes
Always
Never

PLEASE HELP ME

Answers

The conditional of q by p is "If p then q" or "p implies q" and is denoted by p q. It is false when p is true and q is false; otherwise it is true.

Can someone Help me please

Answers

Step-by-step explanation:

Given,

In triangle ABC. In triangle DBC

AB. = DB.

[Given]

<ABC. = <DBC

[Given]

BC. = BC

[Common side]

Hence,

As two sides and one angle of triangle ABC and triangle DBC are equal.

Therefore,

Triangle ABC is congruent to Triangle DBC

please help me asap ​

Answers

Answer:

-18 10

5 -3

Step-by-step explanation:

theres some formula that tells you the general rule for multiplying 2x2 matrices but I cant find it, try looking in your textbook or ask ur teacher

plz someone tell me what 7x2 is

Answers

Answer:

14

Step-by-step explanation:

A bag of flour weighs 15 kg. A baker has one bag of flour. She uses 1.065 kg every day. How much flour does she use in 8 days? How much flour is left over after 8 days?

Answers

Answer:

She uses 8.52 kgs of flour in 8 days

There are 6.48 kgs of flour left over after 8 days.

Step-by-step explanation:

First, you need to multiply 1.065 by 8 to get how much flour she uses in 8 days.

1.065 times 8 is 8.52. She uses 8.52 kgs of flour in 8 days.

Now, to get how much flour is left over after 8 days, you need to subtract 8.52 from 15 kgs.

15 - 8.52 = 6.48 kgs.

Find the perimeter of the object

Help

Answers

Answer:

20

Step-by-step explanation:

similfy (6^(7))^(3) Thank you!

Answers

Answer:

6^21

Step-by-step explanation:

(6^7)^3 = 6^(7*3) = 6^21

Is 8 a solution to the equation 3(x-6)=3x/4?


Explain your answer​

Answers

yes,
both sides equal 6

Due to weather mark walk to school day of the 20 days in february what would be the fraction representation for the number of days he walk to school what will be the percent of the days in which mark walk to school

Answers

Tbe question doesn't state the number of days he walked to school out of 20 school days in the

Month of February.

Answer:

Kindly check explanation

Step-by-step explanation:

To. Obtain the fractional representayion for the number of days he walked to school ;

Let the number of days he walked to school = 10 (this is an hypothesized value)

Number of school days in February = 20

Fraction = 10 /20 = 0.5

The percentage of times walked to school : multiply the fraction obtained above by 100%

0.5 * 100% = 50%

Just put the desired value and proceed uSing the steps described above.

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