An amortized loan of RM60,000 has annual payments for fifteen years, the first occurring exactly one year after the loan is made. The first four payments will be for only half as much as the next five payments, whereas the remaining payments are twice as much as the previous five payments. The annual effective interest rate for the loan is 5%. I If the first four payments are X each, calculate the amount of principal repaid in the eighth payment and the amount of interest in the twelfth payment.
Answers
9514 1404 393
Answer:
a) RM2256.09 . . . principal paid by 8th payment
b) RM1791.10 . . . . interest paid by 12th payment
Step-by-step explanation:
First of all, we need to find the payments.
The payment amount is the amount that makes the future value of the series of payments equal to the future value of the loan at the given interest rate.
The future value of a single amount is ...
FV = P(1 +r)^n . . . . . where r is the annual rate, and n is the number of years in the future
The future value of a series of payments is ...
FV = P((1 +r)^n -1)/r . . . . . where n is the number of payments of P earning annual rate r
For payments in a series that does not end at the end of the loan, the future value is the product of that of the series and the effect of the accumulation of interest for the remaining time.
__
The first 4 payments will have a future value at the end of the loan period of ...
s1 = X((1 +0.05)^4 -1)/0.05×(1 +0.05)^11 = X(1.05^15 -1.05^11)/0.05
s1 = 7.3717764259X
The next 5 payments will have a future value at the end of the loan period of ...
s2 = 2X((1 +0.05)^5 -1)/0.05×(1 +0.05)^6 = 2X(1.05^11 -1.05^6)/0.05
s2 = 14.8097486997X
The last 6 payments will have a future value at the end of the loan period of ...
s3 = 4X((1 +0.05)^6 -1)/0.05 = 27.20765125X
So, the total future value of the series of payments is ...
payment value = 7.3717764259X +14.8097486997X +27.20765125X
= 49.3891763756X
__
The future value of the loan amount after 15 years is ...
loan value = 60,000(1 +0.05)^15 = 124,735.69
In order for these amounts to be the same, we must have ...
49.3891763756X = 124,735.69
X = 124,735.69/49.3891763756 = 2,525.57
__
At this point, it is convenient to use a spreadsheet to find the interest and principal portions of each of the loan payments. (We find the interest charge to be greater than the payment amount for the first 4 payments. So, the loan balance is increasing during those years.)
In the attached, we have shown the interest on the beginning balance, and the principal that changes the beginning balance to the ending balance after each payment. (That is, the interest portion of the payment is on the row above the payment number.)
The spreadsheet tells us ...
A) the principal repaid in the 8th payment is RM2,256.09
B) the interest paid in the 12th payment is RM1,791.10
_____
Additional comment
The spreadsheet "goal seek" function could be used to find the payment amount that makes the loan balance zero at the end of the term.
We have used rounding to sen (RM0.01) in the calculation of interest payments. The effect of that is that the "goal seek" solution is a payment value of 2525.56707 instead of the 2525.56734 that we calculated above. The value rounded to RM0.01 is the same in each case: 2525.57.
Related Questions
A rocket is fired upward with an initial velocity v of 100 meters per second. The quadratic function S(t)=-5t^2+100t can be used to find the height s of the rocket, in meters, at any time t in seconds. Find the height of the rocket 7 seconds after it takes off. During the course of its flight, after how many seconds will the rocket be at a height of 450 meters?
Answers
The rocket will be at the height of 450metres at 13.16secs and 6.84secs
Given the expression modeled by the height S(t)=-5t^2+100t where
t is the time taken by the rocket to take off
s is the height traveled by rocket
In order to find the height of the rocket 7 seconds after it takes off, we will substitute t = 7 into the equation
S(7) = -5(7)²+100(7)
S(7) = -5(49)+700
S(7) = -245+700
S(7) = 455metres
Hence the height of the rocket 7 seconds after it takes off is 455metres
Given that S = 450m, we can also get the time taken by the rocket at this height.
Recall that S(t)= -5t²+100t
450 = -5t²+100t
Rearrange
-5t²+100t - 450 = 0
5t²-100t + 450 = 0
Divide through by 5
t²-20t + 90 = 0
On factorizing above equation;
t= 10+√10 or t=10−√10
t = 10+3.1623 or 10 - 3.1623
t = 13.16 and 6.84secs
Hence the rocket will be at the height of 450metres at 13.16secs and 6.84secs
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What are the values of (-2)4 and -24?
1. 8 and -8
2. -8 and -8
3. 16 and -16
4. 16 and 16
Answers
Answer:
2.
Step-by-step explanation:
(-2)×4=-8
-2×4=-8
~~~~~~~~
Answer:
16 and 16 is the correct answer
Find the value of x.
A. 6
B. 3
C. 5
D. 2
Answers
[tex]\\ \sf\longmapsto \dfrac{AK}{DK}=\dfrac{CK}{BK}[/tex]
[tex]\\ \sf\longmapsto \dfrac{14}{12}=\dfrac{4x+1}{3x+3}[/tex]
[tex]\\ \sf\longmapsto \dfrac{7}{6}=\dfrac{4x+1}{3x+3}[/tex]
[tex]\\ \sf\longmapsto 7(3x+3)=6(4x+1)[/tex]
[tex]\\ \sf\longmapsto 21x+21=24x+6[/tex]
[tex]\\ \sf\longmapsto 24x-21x=21-6[/tex]
[tex]\\ \sf\longmapsto 3x=15[/tex]
[tex]\\ \sf\longmapsto x=\dfrac{15}{3}[/tex]
[tex]\\ \sf\longmapsto x=5[/tex]
Jacob bought a magazine for $2.80 and three candy bars. Write an expression for how much Jacob paid.
Answers
Answer:
total = 2.8 + 3x
x is the price of the candy bars
The measure of one of the small angles of a right triangle is 45 less than twice the measure of the other small angle. Find the measure of both angles.
Answers
Answer:
Step-by-step explanation:
A right triangle has one right angle and two acute angles.
A and B are the acute angles.
A+B = 90°
One acute angle is 45 less than twice the other acute angle.
A = 2B-45°
(2B-45°) + B = 90°
3B = 135°
B = 45°
A = 45°
What are the solutions of the equation (x + 2)2 + 12(x + 2) – 14 = 0? Use u substitution and the quadratic formula to
solve.
Answers
..... Here
This is the answer
The place value of 7 in 87534 is____________
Answers
Solve
0.9(7x + 14) = 1.5 - (x + 2)
Answers
[tex]\\ \sf\longmapsto 0.9(7x+14)=1.5-(x+2)[/tex]
[tex]\\ \sf\longmapsto 6.3x+12.6=1.5-x-2[/tex]
[tex]\\ \sf\longmapsto 63x+12.6=-x-0.5[/tex]
[tex]\\ \sf\longmapsto 63x+x=-0.5-12.6[/tex]
[tex]\\ \sf\longmapsto 64x=-13.1[/tex]
[tex]\\ \sf\longmapsto x=\dfrac{-13.1}{64}[/tex]
[tex]\\ \sf\longmapsto x=0.2[/tex]
You have 2 5 sided dice, what's the probability the addition of rolling both
Answers
Answer:
7
Step-by-step explanation:
Need help with precalc please! Thank you!
Answers
que es eso ._ .wooooooooo .
Reduce 20/60 to its lowest common denominator
Answers
Answer:
it is 1/4
Step-by-step explanation:
20/60=10/30=1/3
Answer:
20/60=1/3
Step-by-step explanation:
20/60
HCF=20,
20*1=20, 20*3=60
1/3
or,
Remove the zeros,
2/6
Divide by 2 on both,
1/3
or divide by any common factor on both and keep dividing until u cant no more
20/60=1/3
Consider the generic chemical equation:
2 A + 3 B ------> 3 C
If 6 moles of A and 2 moles of B are reacted, what is the maximum number of moles of C that can be formed?
Answers
For this problem, you can see that a ratio exists between A, B, and C. Now you'll just have to find the constant k that satisfies this ratio using the proportional relationship formula.
After that, you can plug in the constant k to find the missing C value.
Given that f(x) = 2x + 9, find the value that makes f(x) = 27.
Answers
Answer:
9
Step-by-step explanation:
f(x) = 2x+9
f(x) = 27
so, you get:
2x+9=27
2x=18
x=9
Use the following graph to evaluate f’(-5) and f’(-1).
Answers
Answer:
Bonsoir,
f'(-5)=-4/3
f'(-1) =3/4
Step-by-step explanation:
f'(-5) = ?
2 points : (-6,9) and (-3,5)
f'(-5)=(9-5)/(-6-(-3))=-4/3
f'(-1) = ?
2 points : (-3,5) and (1,8)
f'(-1)=(5-8)/(-3-1)=3/4
The lines are perpendicular
The derivative at the points -5 and -1 are:
f’(-5) = -4/3
f’(-1) = 3/4
What is derivative at a point on line?The slope of the tangent line to the graph of a function at a point is called the derivative of the function at that point.
We consider the line on which where the x coordinate -5 lies.
It is the line with points (-3, 5) and (-6, 9).
Slope of the line = [tex]\frac{y_{2}-y_{1}}{x_{2}-x_{1}}[/tex] = [tex]\frac{9-5}{-6+3} = \frac{-4}{3}[/tex]
f'(-5) = -4/3
We consider the line on which where the x coordinate -1 lies.
It is the line with points (-3, 5) and (1, 8).
Slope of the line = [tex]\frac{y_{2}-y_{1}}{x_{2}-x_{1}}[/tex] = [tex]\frac{8-5}{1+3} = \frac{3}{4}[/tex]
f'(-1) = 3/4
Learn more about derivative at a point here
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I need help in math please, if you can
Answers
Answer:
Step-by-step explanation:
400*e^(.09*3)
$523.97
answer is b
Answer: Option B
$523.97
Explanation:
= 400×e^(0.09×3)
= $523.97
Must click thanks and mark brainliest
A store is advertising a new DVD player for $189.00. If the sales tax rate is 7.25 percent,
Answers
Answer:
then what's the question???..
I can’t solve plz help me ...
Answers
Your answer is in the attachment.
what is the sign of x/y times 7y^3 when x<0 and y>0? A. Positive B. Negative C. Zero
Answers
X <0 means x would be negative.
For x/y, a negative divided by a positive would give a negative answer.
A negative multiplied by a positive would result in a negative.
The answer would be B. Negative
Please help!
It took Suki 127 minutes from start to finish to carve her pumpkin. Carving the pumpkin took her 13 fewer minutes than 10 times as long as it took her to pick the pumpkin out at the pumpkin patch. Write and solve an equation to find how long it took Suki to pick out her pumpkin.
Answers
9514 1404 393
Answer:
14 minutes
Step-by-step explanation:
Let t represent the time it took Suki to pick out her pumpkin. The given relation is ...
10t -13 = 127 . . . . . equation for minutes to carve
10t = 140 . . . . . . . . add 13
t = 14 . . . . . . . . . . divide by 10
It took Suki 14 minutes to pick out her pumpkin.
Fill in this blank spaces (1,3,5,7,9 , 11, 13, 15) _+_+_=30
Answers
Step-by-step explanation:
Just till the number 9 upside down to make it 6 then
6+11+13=30
The sum of three odd numbers can never be even. so I did it in that way.
I HOPE THIS WILL HELP U
STAY SAFE, STAY HAPPY
[tex]3^n^+^1+9/3^n^-^1+1[/tex]
how do i solve it?
Answers
Answer:
Hello,
Step-by-step explanation:
[tex]\dfrac{3^{n+1}+9}{3^{n-1}+1} \\\\=\dfrac{9*(3^{n-1}+1)}{3^{n-1}+1}\\\\=9\\[/tex]
If 3x+2=5/9, what is the value of −3x+8?
Group of answer choices
Answers
Answer:
= 4
Step-by-step explanation:
first lets find the value of x in 3x+2=5/9
3x+2=5/9
3x = [tex]\frac{5}{9}[/tex] -2
3x = [tex]\frac{3}{9}[/tex]
3x = [tex]\frac{1}{2}[/tex]
x = [tex]\frac{1}{2 * 3\\ }[/tex]
x = [tex]\frac{1}{6}[/tex]
[tex]\frac{1}{6}[/tex] can also be written as [tex]6^{-1}[/tex]
−3x+8
-3 ([tex]\frac{1}{6}[/tex]) +8
[tex]\frac{-3}{6}[/tex] +8
= 4
Find F(-3).
F(x) = 2x^2- 5x-8
Answers
Answer:
25
Step-by-step explanation:
F(x) = 2x^2- 5x-8
Let x=-3
f(-3) = 2 (-3)^2 -5(-3) -8
=2(9) +15 -8
=18+15-8
=25
The graph shown below expresses a radical function that can be written in
17
the form f(x) = a(x + k)!
C. What does the graph tell you about the
value of k in this function
Answers
Answer:
C. [tex]k[/tex] is greater than zero.
Step-by-step explanation:
We know that graph is obtained from the function of the form [tex]f(x) = a\cdot (x+k)^{1/n} + c[/tex]. According to the graph and if [tex]x + k = 0[/tex], we find that:
[tex]x = -k[/tex] (1)
[tex]x < 0[/tex] (2)
By (1) and (2):
[tex]-k < 0[/tex]
[tex]k > 0[/tex]
Hence, correct answer is C.
The perimeter of a rectangular garden is 120 feet The garden is two times as long as it’s why the system of equation can be used to find the width in the length what is the length
Answers
Answer:
Step-by-step explanation:
Garden is two times as long as it is wide.
L = 2W
Perimeter is 120 feet
2L + 2W = 120
L +W = 60
(2W) + W = 60
3W = 60
W = 20 feet
L = 2W = 40 feet
2. The volume of a cube is 8 cm", find the length of one of its sides
Answers
Answer:
Step-by-step explanation:
The question has an error. Volume is expressed in cubic units. You probably mean cm³ .
Volume = 8 cm³
Length of each edge = ∛8 = 2 cm
Answer:
2cm
Step-by-step explanation:
Volume of cube=a^3 cubic units
8=a^3
a=cuberoot of 8
which is 2
If a runner jogs 3 miles west and then jogs 8 miles
north, how far is the runner from her starting point
if she plans to run straight back? Remember to
simplify your answer.
Answers
If they run 3 miles west then 8 miles north, it forms a right triangle. So just use the Pythagorean Theorum.
A^2+B^=C^2
3^2+8^3=C^2
9+64=C^2
Square root 73=C or 8.54=C (Miles)
The runner is 8.54 miles from her starting point if she plans to run straight back.
From the question, a runner jogs 3 miles west and then jogs 8 miles north.
An illustrative diagram for the journey is shown in the attachment below.
In the diagram, S is the starting point. That is, the runner jogs 3 miles west to a place R and then 8 miles north to a place E.
The cardinal points (North, East, West and South) are indicated beside the diagram.
Now, to calculate how far she is from her starting point if she plans to run straight back, we will determine the length of /ES/ in the diagram.
The diagram is a right-angled triangle and /ES/ can be determined using the Pythagorean theorem.
The Pythagorean theorem states that, in a right-angled triangle, the square of the longest side ( that is hypotenuse) equals sum of the squares of the other two sides.
In the diagram, hypotenuse = /ES/
∴ /ES/² = /SR/² + /RE/²
/SR/ = 3 miles
/RE/ =8 miles
/ES/² = 3² + 8²
/ES/² = 9 + 64
/ES/² = 73
/ES/ = [tex]\sqrt{73}[/tex]
/ES/ = 8.54 miles
Hence, the runner is 8.54 miles from her starting point if she plans to run straight back.
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A hexagonal pyramid is located ontop of a hexagonal prism. How many faces are there?
A. 15
B. 24
C. 6
D. 13
Answers
Answer:
15
Step-by-step explanation:
The figure has total 15 faces, the correct option is A.
What is a Hexagon?A hexagon is a polygon with six sides.
A hexagonal pyramid has 8 faces
From (2 hexagonal base + 6 lateral surfaces)
A hexagonal prism has 7 faces
From ( A hexagonal base + 6 lateral faces)
Total faces the figure has is 8 +7 = 15
To know more about Hexagon
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The produce of three and the sum of a number and eight
Answers
Answer:
3(x + 8)
Step-by-step explanation:
"The product of three and the sum of a number and eight".
First, note that:
1) Product means multiply.
2) Sum means addition.
With that in mind, also note the order of operations. The order of operations is defined as PEMDAS, or:
Parenthesis
Exponents (& Roots)
Multiplication
Division
Addition
Subtraction
Also, let "a number" be denoted as the variable, x.
~
Firstly, "the sum of a number and eight": x + 8
Next, "The product of...": 3 *
Putting the two parts together will generate: 3(x + 8)
3(x + 8) is your answer.
~
Find the length of AB
Answers
Answer:
C. 44.98
Step-by-step explanation:
Hi there!
We are given the right triangle ABC, m<B=12°, and CB =44
We want to find the length of AB
We can use trigonometry to do it
Let's find the ratio in reference to angle B, as that angle is given.
In reference to angle B the opposite angle is AC, the adjacent side is CB, and the hypotenuse is AB
Now let's recall the 3 most commonly used functions:
[tex]sine=\frac{opposite}{hypoptenuse}[/tex]
[tex]cosine=\frac{adjacent}{hypotenuse}[/tex]
[tex]tangent=\frac{opposite}{adjacent}[/tex]
Let's find the cosine of angle B, as it uses CB and AB, which are the given side and the side we need to find
In that case,
cos(12)=[tex]\frac{CB}{AB}[/tex]
cos(12)=[tex]\frac{44}{AB}[/tex]
Multiply both sides by AB
[tex]AB[/tex]*cos(12)=44
Divide both sides by cos(12)
AB=[tex]\frac{44}{cos(12)}[/tex]
Now plug [tex]\frac{44}{cos(12)}[/tex] into your calculator. Make sure your calculator is on degree mode
AB≈44.98
So the answer is C
Hope this helps!
