Answer:
Explanation:
Twyla and Tony with a balloon mortgage of 30/5 will make constant payments over the space of 5 years and then complete the bulk balloon payment for 25 years remaining.
Given mortgage loan value of $389900
Interest rate of 4.85%
We are asked to calculate the interest over the life of the loan.
We will calculate interest by calculating constant payments over the period of 5 years before balloon payment is due and adding them together then subtracting the mortgage loan given $389900
Formula for constant payments :
A= P×r×r(1+r)^n/(1+r)^n-1
Where A= constant/monthly payments
r= interest rate on the mortgage loan
n= number of payments = 30×12= 360
P= mortgage loan given
A= $389900×0.0485×0.0485(1+0.0485)^360/(1+0.0485)^360-1
=$389900×0.0485×1231340.79/25388468.94
=$389900×0.0485×0.04850
A= $917.142
Payment for five years(with interest)= $917.142×60= $55028.52
Calculate balloon payment:
FV= PV(1+r)^n - P((1+r)^n-1/r)
Where FV= future value of balloon payment
PV= initial loan given
r= interest rate on loan
n= number of payments
P= monthly payments
Substitute:
FV= $389900(1+0.0485/12)^60-917.142((1+0.0485/12)^60-1/0.0485/12)
=$389900×1.2738-917.142(0.2738/0.004041)
=$389900×1.2738-917.142×67.756
= 496654.62-62141.87
FV = $434512.75
Therefore total payment made with interest over the life of the loan= balloon payment+ constant payments for five years= $434512.75+$55028.52
=
Which of these situations would follow the general rule for basis of inherited property?
Louis died on August 12, 2019, leaving his house to his sister, Etty.
On August 15, 2018, Leroy gave his brother Ralph appreciated stock. Leroy's brother Ralph died on February 16, 2019. Ralph's only heir was Leroy.
Mick died on June 30, 2019. He named his brother Emmett as the beneficiary of his 401(k) plan.
Janet died on January 1, 2019. At that time, she had an IRA with a balance of $32,640. She named her daughter, Emily, as the beneficiary of her IRA.
Amon the following situation 2 cases follow the general rule for basis of inherited property
Given , Statements of inheritance.
1. Louis died on August 12. 2019 leaving his house to his sister, Etty.
This is a case of inheritance of property as it justifies conditions of the definition of Inheritance of Property i.e Louis died and as a consequence his property is transferred to his sister which is her relative as per law. So, this is a valid case of inheritance. Even a person can transfer his property to some unrelated person, if he so mentions in his will.2. On August 15, 2018, Leroy give his brother Ralph appreciated stock. Leroy's brother died on February 16, 2019, Ralph's only heir was Leroy.
In this case, transfer of stock from Leroy to Ralph is outside the definition of inheritance, since Leroy was not died at that time. On second instance, when stock was transferred to Leroy after Ralph death in February 2019. It is a case of inheritance but it is the case of inheritance of stock, not inheritance of property. Stock of a company is not considered a property.3.Mick died on June 30, 2019. He named his brother Emmett as the beneficiary of his 401(k) plan.
A 401(k) plan is a retirement savings account that allows an employee to divert a portion of his or her salary into long-term investments. The employer may match the employee's contribution up to a limit.This is also a case of inheritance but not the case of inheritence of property. Retirement Savings account is not considered as property.
4.Janet died January 1, 2019. At that time, she had a IRA with balance of $32640. She named her daughter, Emily, as the beneficiary of her IRA.
This is also a case of inheritance but not the case of inheritence of property. IRA (Individual Retirement Account) is not considered as property.Know more about inheritance of property,
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write 56
as the product of prime factors
[tex]56 = 28 \times 2 \\ 56 = (14 \times 2) \times 2 \\ 56 = (7 \times 2) \times 2 \times 2[/tex]
What is the slope of the line?
Answer:
2
Step-by-step explanation:
Answer:
First the line is positive so you can eliminate all negative choices for slope
Now start from a random point that lands on the graph
Now it can’t be 1 becuase it has am extra box but that line isn’t on a point
Now 1/2 it can’t be becuase if you rise 1 and go right 2 it’ll not land ona. Point
But for 2, you rise up 2 and right 1 and you land on a point on the graph so the final answer is 2
What is the solution to the equation?
Answer:
C- t=411
Step-by-step explanation:
there is this really cool site/app called
math
way
it helps for everything, just use it
Find the percent of a number 20% of 155
Hey there!
[tex]\text{The word \underline{of} means \underline{multiply} in \underline{mathematical terms}}[/tex]
[tex]\bold{Equation: 20\% \times 155}\\\bold{20\% = \dfrac{20}{100}=\dfrac{20\div20}{100\div20}=\dfrac{1}{5}}\\\bold{\dfrac{1}{5}\times 155=?}\\\bold{155\times1=155}\\\\\bold{\dfrac{155}{5}=31}\\\boxed{\boxed{\bold{Answer: 31}}}\huge\checkmark[/tex]
Good luck on your assignment and enjoy your day!
~[tex]\frak{Amphitrite1040:)}[/tex]
28 decreased by 2.6%
Answer:
Please check the explanation.
Step-by-step explanation:
Given
28 decreased by 2.6%First we need to determine the percentage decrease such as:
Percentage decrease = 2.6% of 28
= 2.6/100 × 28
= 0.026 × 28
= 0.73
New value can be determined using the formula
New vaue = 28 - percentage decrease
= 28 - 0.73
= 27.27
2. Robert has three jobs. He worked at Young's Grocery and earned $5,805. He was a waiter at the A & B Restaurant and earned $12,445. He also earned $56,002
working for CCD Communications. Each employer took out 6.2% for Social Security. How much did Robert pay in Social Security?
Answer:
Robert paid $4,603.6 in Social Security.
Step-by-step explanation:
Robert total earnings:
$5,805 at Young's Grocery.
$12,445 at A&B Restaurant.
$56,002 at CCD Communications.
So his total earnings are of:
5805 + 12445 + 56002 = $74,252
How much did Robert pay in Social Security?
6.2%, that is, 0.062 of $74,252. So
0.062*74252 = $4,603.6
In a class of 26 students, 11 are female and 10 have an A in the class. There are 2 students who are female and have an A in the class. What is the probability that a student is a female given that they have an A?
The probability that a student is a female given that they have an A is 0.2
How to determine the probability?The given parameters are:
Female = 11
A= 10
Female and A = 2
The probability is calculated using:
P(Female given A) = P(female and A)/P(A)
This gives
P(Female given A) = 2/10
Simplify
P(Female given A) = 0.2
Hence, the probability that a student is a female given that they have an A is 0.2
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Find the indicated term of each sequence by repeatedly multiplying the first term by the common ratio.
Enter your answer to 5 decimal places if necessary. Use a calculator.
A
-50, 35, -24.5,..;5th term
The 5th term of the sequence is 70
Answer:
Step-by-step explanation:
The first term here is -50 and the common ratio is 0.70. Note that the second term is 0.70(50) = 35.
The formula a(n) = a(0)*r^(n -1) becomes a(n) = -50*0.70^(n -1), and so
the 5th term is a(5) = -50*0.70^4 = -12.005
Jack was 14 years older than Priscilla. Together their ages totaled 158 years. What were their ages?
Answer:
Jack's age: 86, Priscilla's age: 72
Step-by-step explanation:
Priscilla's age can be called x, which makes Jack's x + 14. We know that their added ages total 158 years which means that x + x + 14 = 158, which means that 2x + 14 = 158. We can then solve this by subtracting 14 on both sides and getting 2x = 144. We can divide on both sides to get that x = 72. Since Priscilla's age is x and Jack's is x + 14, we already know Priscilla's age and we need to find Jacks by adding 14 to 72. 72 + 14 = 86, so Jack's age is 86.
Answer:
Jack is 86 years old,
and Priscilla is 72 years old
Step-by-step explanation:
j = Jack
p = Priscilla
j - 14 = p $\Rightarrow$ j = p+14
j+p = 158
By subsituting the value of j ( first equation) into the second equation, we get:
p+14+p = 158
2p+14 = 158
2p = 144
p = 72.
So, j = 86
Can someone please help me Im so stressed out .
Answer:
38 students chose to fly
Step-by-step explanation:
add the female and male
Determine whether the following is an example of a sampling error or a non sampling error. A psychiatrist surveyed 8000 people to see the proportion who had seen a psychiatrist at least once in their lives. Unfortunately, there was confusion amongst the respondents about the difference between a psychologist and a psychiatrist and the recorded proportion was higher than it should have been due to this confusion.
Answer:
The correct answer is - Non sampling error
Step-by-step explanation:
Sampling errors arises when a sample does not represent the whole population.
It is difference between the real values of the population and the values derived by using samples from the population.
A non-sampling error refers to an error that occurs during data collection, causing the data to differ from the true values.
Non sampling error are of two types , response error and non response error.
In the given question , the error is a response error.
So , it is an example of Non-Sampling error.
Simplify: x^2-16/x-4 What does the given expression simplify to? What is the excluded value of x for the given expression?
Step-by-step explanation:
Difference of Squares: a² - b² = (a + b)(a - b)
(x² - 16) / (x - 4)
= [(x + 4)(x - 4)] / (x - 4)
= x + 4, where x =/= 4.
Answer:
1. (x+4)
2. 4
Step-by-step explanation:
got right on edge
Find the equation of the given line.
Answer:
y=2/3x+1
Step-by-step explanation:
m= (slope)
b= (y-intercept
On your wedding day you leave for the church 30 minutes before the ceremony is scheduled to start. The church is only 10 miles away, but you have to make an unanticipated stop for construction work on the road. As a result, your average speed for the first 15 minutes is only 5 miles per hour. What average speed do you need to go for the rest of the trip to get to the church on time
Answer:
You need to have an average speed of at least 35 miles per hour for the rest of the trip to get to the church on time
Step-by-step explanation:
We use the following relation to solve the question:
[tex]v = \frac{d}{t}[/tex]
In which v is the velocity, d is the distance, and t is the time.
First 15 minutes:
Time of 15 minutes = 0.25 hour, so [tex]t = 0.25[/tex]
Velocity of 5 miles per hour. So the distance is of:
[tex]d = vt = 5*0.25 = 1.25[/tex]
Final 15 minutes:
The will need to drive 10 - 1.25 = 8.75 miles in 15 minutes = 0.25 hours. So, the average speed will need to be of at least:
[tex]v = \frac{d}{t} = \frac{8.75}{0.25} = 35[/tex]
You need to have an average speed of at least 35 miles per hour for the rest of the trip to get to the church on time
The size of a jar of coffee is increased by 1/5. The new size is later reduced by 1/5.
Is the new jar smaller, the same size or larger than the original? Explain how you worked out your answer.
Answer:
The new jar is smaller.
Step-by-step explanation:
Like what the statements says, the normal size of coffee is reduced by 1/5 and it become as the new jar which is smaller than the original.
Evaluate:
65−15÷5 +(−19)
Answer:
43
Step-by-step explanation:
65-15/5+(-19)
65-3+(-19)
62-19=43
mr chowdhary purchased a house for rs 6.1 lakh and spent 30000 on its repairs. he then sold it rs 8 lakh. find his gain percent
Given:
Purchasing price = 6.1 lakh
Amount spent of repair = 30000
Selling price = 8 lakh
To find:
The gain percentage.
Solution:
We have,
Purchasing price = 6.1 lakh
Amount spent of repair = 30000 = 0.3 lakh
So, total cost price is
[tex]C.P.=6.1+0.3[/tex]
[tex]C.P.=6.4[/tex]
The total cost price is 6.4.
Selling price(S.P.) = 8 lakh
Now,
[tex]Gain\%=\dfrac{S.P.-C.P.}{C.P.}\times 100[/tex]
[tex]Gain\%=\dfrac{8.0-6.4}{6.4}\times 100[/tex]
[tex]Gain\%=\dfrac{1.6}{6.4}\times 100[/tex]
[tex]Gain\%=\dfrac{1}{4}\times 100[/tex]
[tex]Gain\%=25\%[/tex]
Therefore, the gain percent is 25%.
what is -9x - 5x + 6x + 3 = ?
Answer:
-8x + 3
Step-by-step explanation:
What is ( 2 ⅓ * x ) + x?
Answer:
10x/3
Step-by-step explanation:
10x/3.............................
solve for x
19.
20.
21.
22.
23.
24.
Answer:
I hope I helped sorry l didn't understand question number 19
2+5xi-3y=14+3x-5yi.Find x and y
Question:
[tex]5x-3y=14[/tex]
[tex]3x-5y=2[/tex]
Find x and y
Answer:
[tex]x = 4[/tex]
[tex]y =2[/tex]
Step-by-step explanation:
Given
[tex]5x-3y=14[/tex] -- (1)
[tex]3x-5y=2[/tex] -- (2)
Required
Find x and y
We'll solve this using elimination method.
Multiply (1) by 3 and (2) by 5 to eliminate x
([tex]5x-3y=14[/tex]) * 3
([tex]3x-5y=2[/tex]) * 5
-------------------------------
[tex]15x - 9y = 42[/tex]
[tex]15x - 25y =10[/tex]
Subtract
[tex]15x - 9y = 42[/tex]
- ([tex]15x - 25y =10[/tex])
-----------------------
[tex]15x - 15x - 9y + 25y = 42 - 10[/tex]
[tex]- 9y + 25y = 42 - 10[/tex]
[tex]16y = 32[/tex]
Make y the subject
[tex]y = \frac{32}{16}[/tex]
[tex]y =2[/tex]
Substitute 2 for y in [tex]5x-3y=14[/tex]
[tex]5x - 3 * 2 = 14[/tex]
[tex]5x - 6 = 14[/tex]
Collect Like Terms
[tex]5x = 14+6[/tex]
[tex]5x = 20[/tex]
Make x the subject
[tex]x = \frac{20}{5}[/tex]
[tex]x = 4[/tex]
Write a function rule for "The output is half of the input x."
Answer:
[tex]y = \frac{x}{2}[/tex]
Step-by-step explanation:
Functions:
Functions have the following format:
y = f(x)
In which y is the output, x is the input, and f is the relation between them.
In this question:
The output is half of the input x. This means that:
[tex]y = \frac{x}{2}[/tex]
Functions can be represented using equations and mathematical statements
The function rule is y = 0.5x
The statement is given as:
The output is half of the input x."
Let the output be y.
So, we have:
y = 0.5 * x
Evaluate the product
y = 0.5x
Hence, the function rule is y = 0.5x
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On a given day, the proportion of workers from Company B who purchase a coffee from the company cafeteria is 0.62 and the proportion of workers from Company C who purchase a coffee from the company cafeteria is 0.71. A random sample of40 workers was selected from Company B and another random sample of 40 workers was selected from Company C. The proportion of workers from Company B who purchased coffee was
Answer:
the proportion of workers from company B who purchsed coffee was pˆC=0.75
Step-by-step explanation:
Answer: pˆC=0.75
Step-by-step explanation:
What would this be??????
Answer:
I think it's the second one(200(1.034)t = 250)
Step-by-step explanation:
if not correct me. or try the third one.
Is 4/10 equal to 2/3
Answer:
no, its not
Step-by-step explanation:
you can find the decimals by dividing the numerator and the denominator
4/10 = 0.4
2/3 = 0.6666666......
so the values are obviously different
the diameter of a gigantic Ferris wheel is 185 meters. if a man rides a ferris wheel for one revolution find how far he travels give the exact answer and the approximation using 3.14 for pi
Answer:
Step-by-step explanation:
You need to find out the circumference of the Ferris wheel
C=d*3.14=185*3.14=580.90 m
An aircraft seam requires 20 rivets. The seam will have to be reworked if any of these rivets is defective. Suppose rivets are defective independently of one another, each with the same probability. (Round your answers to four decimal places.) (a) If 16% of all seams need reworking, what is the probability that a rivet is defective
Answer:
probability that a rivet is defective is 0.00868
Step-by-step explanation:
given data
rivets = 20
all seam need reworking P = 16% = 0.16
solution
we consider here probability of a defective rivet = p
and 0.16 = P [Seam needs reworking) = P (at least one rivet in the seam is defective)
so that for non-defective = 1 - P [all the rivets are non-defective]
and that will be here as = 1 - P [rivet 1 is non-defective, rivet 2 is non-defective, rivet 3 is non-defective,...............,rivet 20 is non-defective]
= [tex]1 - (p})^{20}[/tex] ....................1
so
1-0.16 = [tex]1 - (p})^{20}[/tex]
0.84 = [tex]1 - (p})^{20}[/tex]
[tex]0.84^{\frac{1}{20}}[/tex] = 1 - p
solve it we get
p = 0.00868
so, probability that a rivet is defective is 0.00868
Please answer this correctly without making mistakes I want ace expert and genius people to answer this correctly correctly without making mistakes
Answer:
648 cups, 3 fluid ounces
Step-by-step explanation:
You need to know that 1 cup = 8 fluid ounces (fl. oz).
convert to fl. oz:
1296 cups = 10368 fl.oz.
total fl.oz. = 10368+6 = 10374
10374 / 2 = 5187 fl.oz.
= 648 cups and 3 fluid ounces
Dawn is making an abstract painting with two triangles. the dimensions are 6 in by 10 in and 8 in by 10 in. what is the total area in square inches.
Anwser: First triangle area =0.5*8*10=40 in2. Secound triangle area =0.5*8*6=24 in2 Sum is 1st area + 2nd area, which is 64 in2.
