Leah is looking to take out a 30-year mortgage from a bank offering a monthly interest rate of 0.325% Using the formula below, determine the maximum amount Leah can borrow, to the nearest dollar, if the highest monthly payment she can afford is $900.
M=Pr/(1-(1+r)^-n)
M= the monthly payment
P= the amount owed
r= the interest rate per month
n= the number of payments

Answers

Answer 1

Answer:

[tex]P=\$276646.153[/tex]

Step-by-step explanation:

Time [tex]T=30years[/tex]

Rate [tex]r=0.325\%[/tex]

Payment per month [tex]P=\$ 900[/tex]

Generally the equation for Principle  is mathematically given by

[tex]M=\frac{P r}{1-(1+r)^{-n}}[/tex]

[tex]900=\frac{P \frac{0.325}{100}}{1-(1+( \frac{0.325}{100}))^{- 30*12}}[/tex]

[tex]P=\frac{900*100*0.99}{0.325}[/tex]

[tex]P=\$276646.153[/tex]


Related Questions

(X^2 + 6x + 8) divided (x + 2)

Answers

Answer:

x+ 4

Step-by-step explanation:

      ____x__+4___

x+2 | [tex]x^2 + 6x + 8[/tex]

        [tex]x^2 + 2x[/tex]

        ------------

                [tex]4x + 8\\[/tex]

                 [tex]4x + 8\\[/tex]

                  --------

                     0

Answer:

x+4

Step-by-step explanation:

Knowing that AQPT = AARZ, a congruent side pair is:

Answers

Answer:

A. QT ≅ AZ

Step-by-step explanation:

When writing a congruence statement of two triangles, the order of arrangement of the letters used in naming the triangles are carefully considered. Corresponding sides and angles of both triangles are arranged accordingly in the order they appear.

Given that ∆QPT ≅ ∆ARZ, we have the following sides that correspond and are congruent to each other:

QP ≅ AR

PT ≅ RZ

QT ≅ AZ

The only correct one given in the options given above is QT ≅ AZ

A sample of 900 computer chips revealed that 61% of the chips fail in the first 1000 hours of their use. The company's promotional literature claimed that under 64% fail in the first 1000 hours of their use. Is there sufficient evidence at the 0.02 level to support the company's claim

Answers

Answer:

The p-value of the test is 0.0301 > 0.02, which means that there is not sufficient evidence at the 0.02 level to support the company's claim.

Step-by-step explanation:

The company's promotional literature claimed that under 64% fail in the first 1000 hours of their use.

At the null hypothesis, we test if the proportion is of at least 64%, that is:

[tex]H_0: p \geq 0.64[/tex]

At the alternative hypothesis, we test if the proportion is of less than 64%, that is:

[tex]H_1: p < 0.64[/tex]

The test statistic is:

[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

In which X is the sample mean, [tex]\mu[/tex] is the value tested at the null hypothesis, [tex]\sigma[/tex] is the standard deviation and n is the size of the sample.

64% is tested at the null hypothesis:

This means that [tex]\mu = 0.64, \sigma = \sqrt{0.64*0.36}[/tex]

A sample of 900 computer chips revealed that 61% of the chips fail in the first 1000 hours of their use.

This means that [tex]n = 900, X = 0.61[/tex]

Value of the test statistic:

[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

[tex]z = \frac{0.61 - 0.64}{\frac{\sqrt{0.64*0.36}}{\sqrt{900}}}[/tex]

[tex]z = -1.88[/tex]

P-value of the test and decision:

The p-value of the test is the probability of finding a sample proportion below 0.61, which is the p-value of z = -1.88.

Looking at the z-table, z = -1.88 has a p-value of 0.0301.

The p-value of the test is 0.0301 > 0.02, which means that there is not sufficient evidence at the 0.02 level to support the company's claim.

NO LINKS OR ANSWERING QUESTIONS YOU DON'T KNOW!!! PLEASE explain thoroughly. Chapter 9 part 1

1. How can you determine the end behaviors for a graph from the function? What are the possible behaviors?

2. How is solving a polynomial inequality different from a solving a polynomial equation? How do the solutions differ?

3. What is a composite function? How does order of the composite function play a role in solving the composition?

Answers

9514 1404 393

Explanation:

1. End behavior is the behavior of the function when the value of the independent variable gets large (or otherwise approaches the end of the domain). There are generally four kinds of end behavior:

the function approaches a constant (horizontal asymptote)the function approaches a function (slant asymptote, for example)the function oscillates between two of the above end behaviorsthe function tends toward +∞ or -∞

Of these, behavior 2 will ultimately look like one of the others.

For polynomials, the function will always approach ±∞ as the independent variable approaches ±∞. Whether the signs of the infinities agree or not depends on the even/odd degree of the polynomial, and the sign of its leading coefficient.

For exponential functions, the end behavior is a horizontal asymptote in one direction and a tending toward ±∞ in the other direction.

For trig functions sine and cosine, the end behavior is the same as the "middle" behavior: the function oscillates between two extreme values.

For rational functions (ratios of polynomials), the end behavior will depend on the difference in degree between numerator and denominator. If the degree of the denominator is greater than or equal to that of the numerator, the function will have a horizontal asymptote. If the degree of the numerator is greater, then the end behavior will asymptotically approach the quotient of the two functions—often a "slant asymptote".

__

2. A polynomial inequality written in the form f(x) ≥ 0, or f(x) > 0, will be solved by first identifying the real zeros of the function f(x), including the multiplicity of each. For positive values of x greater than the largest zero, the sign of the function will match the sign of the leading coefficient. The sign will change at each zero that has odd multiplicity, so one can work right to left to identify the sign of the function in each interval between odd-multiplicity zeros.

The value of the function will be zero at each even-multiplicity zero, but will not change sign there. Obviously, the zero at that point will not be included in the solution interval if the inequality is f(x) > 0, but will be if it is f(x) ≥ 0. Once the sign of the function is identified in each interval, the solution to the inequality becomes evident.

As a check on your work, you will notice that the sign of the function for x > max(zeros) will be the same as the sign of the function for x < min(zeros) if the function is of even degree; otherwise, the signs will be different.

The solution to a polynomial inequality is a set of intervals on the real number line. The solution to a polynomial equation is a set of points, which may be in the complex plane.

__

3. A composite function is a function of a function, or a function of a composite function. For example f(g(x)) is a composite function. The composition can be written using either of the equivalent forms ...

  [tex](f\circ g)(x)\ \Leftrightarrow\ f(g(x))[/tex]

It can be easy to confuse an improperly written composition operator with a multiplication symbol, so the form f(g(x)) is preferred when the appropriate typography is not available.

When simplifying the form of a composition, the Order of Operations applies. That is, inner parenthetical expressions are evaluated (or simplified) first. As with any function, the argument of the function is substituted wherever the independent variable appears.

For example, in computing the value f(g(2)), first the value of g(2) is determined, then that value is used as the argument of the function f. The same is true of other arguments, whether a single variable, or some complicated expression, or even another composition.

Note that the expression f(g(x)) is written as the composition shown above. The expression g(f(x)) would be written using the composition operator with g on the left of it, and f on the right of it:

  [tex](g\circ f)(x)\ \Leftrightarrow\ g(f(x))[/tex]

That is, with respect to the argument of the composition, the functions in a composition expression are right-associative. For example, ...

  for h(x)=2x+3, g(x)=x^2, f(x)=x-2 we can evaluate f(g(h(x)) as follows:

  f(g(h(x)) = f(g(2x+3) = f((2x+3)^2) = (2x+3)^2 -2

It should be obvious that g(h(f(x)) will have a different result.

  g(h(f(x)) = g(h(x-2)) = g(2(x-2)+3) = (2(x-2)+3)^2

evaluate (5^0-4^-1)×3/4​

Answers

Answer:

[tex](5^{0} -4^{-1} )(\frac{3}{4} )\\\\=(1-\frac{1}{4^{1}} )(\frac{3}{4} )\\\\=(\frac{4}{4} -\frac{1}{4} )(\frac{3}{4} )\\\\=(\frac{3}{4} )(\frac{3}{4} )\\\\=\frac{9}{16}[/tex]

An urn contains 12 balls, five of which are red. Selection of a red ball is desired and is therefore considered to be a success. If three balls are selected, what is the expected value of the distribution of the number of selected red balls

Answers

The expected value of the distribution of the number of selected red balls is 0.795.

What is the expected value?

The expected value of the distribution is the mean or average of the possible outcomes.

There are 12 balls in an urn, five of which are crimson. The selection of a red ball is desired and hence considered a success.

In this case, the possible outcomes are 0, 1, 2, or 3 red balls.

To calculate the expected value, we need to find the probability of each outcome and multiply it by the value of the outcome.

The probability of selecting 0 red balls is :

[tex]$\frac{7}{12} \cdot \frac{6}{11} \cdot \frac{5}{10} = \frac{105}{660}$[/tex].

The probability of selecting 1 red ball is :

[tex]$3 \cdot \frac{5}{12} \cdot \frac{7}{11} \cdot \frac{6}{10} + 3 \cdot \frac{7}{12} \cdot \frac{5}{11} \cdot \frac{6}{10} + 3 \cdot \frac{7}{12} \cdot \frac{6}{11} \cdot \frac{5}{10} = \frac{315}{660}$[/tex].

The probability of selecting 2 red balls is

[tex]:$\dfrac{5}{12} \cdot \frac{7}{11} \cdot \frac{6}{10} + \frac{7}{12} \cdot \frac{5}{11} \cdot \frac{6}{10} + \frac{7}{12} \cdot \frac{6}{11} \cdot \frac{5}{10} = \frac{105}{660}$.[/tex]

The probability of selecting 3 red balls is

[tex]$\dfrac{5}{12} \cdot \frac{4}{11} \cdot \frac{3}{10} = \frac{15}{660}$[/tex]

The expected value is then :

[tex]$0 \cdot \frac{105}{660} + 1 \cdot \frac{315}{660} + 2 \cdot \frac{105}{660} + 3 \cdot \frac{15}{660} = \frac{525}{660} = \frac{175}{220} \approx \boxed{0.795}$[/tex]

To learn more about the expected value of the distribution click here:

https://brainly.com/question/29068283

#SPJ5

Please help !!! Plzzzz

Answers

Answer:  7

Explanation:

Because we have a midsegment, this means that it is half as long as the side it's parallel to. You can think of "mid" as "middle" and that could lead to "halfway" to remember to take half.

So z = 14/2 = 7

compute (-12)+(-8)+30​

Answers

Answer:

10

Step-by-step explanation:

(-12) + (-8) +30

-(12+8)+30

-20 + 30

10

please help i dont wanna fail

Answers

Answer:

4

Step-by-step explanation

Plug in the numbers for x and y.

4/4 ( 2 + (6) - (4))

Remove the parenthesis. Since 4/4 is equal to 1, you can put down 1 as well.

1 (2 + 6 - 4)

Distribute the 1. When anything is multiplied by 1, it remains the same.

2 + 6 - 4

Simplify.

4

[tex]\huge\boxed{\textsf{Hey there!}}[/tex]

[tex]\huge\boxed{\mathsf{\dfrac{x}{4}(2 + y - x)}}[/tex]

[tex]\huge\boxed{\mathsf{= \dfrac{4}{4}(2 + 6 - 4)}}[/tex]

[tex]\huge\boxed{\mathsf{= 1(8 - 4)}}[/tex]

[tex]\huge\boxed{\mathsf{= 1(4)}}[/tex]

[tex]\huge\boxed{\mathsf{= 4}}[/tex]

[tex]\huge\boxed{\textsf{Therefore, your answer is: 4}}\huge\checkmark[/tex]

[tex]\huge\boxed{\boxed{\textsf{Good luck on your assignment \& enjoy your day!}}}[/tex]

~[tex]\huge\boxed{\boxed{\huge\boxed{\mathsf{Amphitrite1040:)}}}}[/tex]

What is the slope of the line that passes through the points listed in the table?
x l y
8 l 3
10 l 7

A. -4
B. -2
C. 2
D. 4

Answers

Answer:

2

Step-by-step explanation:

The slope is given by

m = ( y2-y1)/(x2-x1)

   = (7-3)/(10-8)

    = 4/2

    = 2

75% increase followed by 50% decrease is it greater than to original

Answers

Answer:

Set original amount = x

After a 75% increase, it would become

x + 75%x = x + 0.75x = x(1 + 0.75) = 1.75x

After a 50% decrease, it would become

1.75x - 50%(1.75x) = 1.75x - 0.5(1.75x) = 1.75x - 0.875x = 0.875x = [tex]\frac{7}{8} x[/tex]

Because [tex]\frac{7}{8} x[/tex] is less than x, the new amount would be less than the original.

If a teacher's guide to a popular SAT workbook is to be printed using a special type of paper, the guide must have at most 400 pages. If the publishing company charges 1 cent per page printed, what is the largest price, in dollars, that can be charged to print 20 copies of the workbook using the special paper?

Answers

Answer:

$80

Step-by-step explanation:

To find the largest price, assume that all 20 copies of the workbook will have 400 pages.

Since the company charges 1 cent per page, this means each workbook will cost 400 cents. This is equivalent to 4 dollars.

Find the total cost by multiplying this by 20:

20(4)

= 80

So, the largest price to print 20 copies is $80

Given the parent graph h(x) = x, what happens when it is changed to h(x + 9)?

Answers

Answer:

If the parent graph is h(x) = x, then h(x+9) would actually be shifting the graph 9 units to the LEFT.

Let me know if this helps!

Jim took a loan of R30 000.00 for 18 months at a simple interest rate of 12.5% per year. Determine the amount that Jim
will pay in 18 months.​

Answers

Answer:

R35625

Step-by-step explanation:

(R30,000×.125×18/12)+R30000

=R35625

If Y / 4 - 12 = 3.5, what is the value of y?

Answers

The answer to your question is 62

A couple decide to have 5 children what if the probability that they will have at least one girl

Answers

The chance that they will have one girl is 1:5 because they are having 5 children and one is going to be a girl

Answer:

31/32

Step-by-step explanation:

There are 2^5, or 32 combinations.

There is only 1 combination which is all 5 children are boys.

So the probability that will have at least 1 girl is: 1 - 1/32 = 31/32

prove that Sin^6 ϴ-cos^6ϴ=(2Sin^2ϴ-1)(cos^2ϴ+sin^4ϴ) please sove step by step with language it is opt maths question please sove i will mark you the best ​

Answers

Answer:

hshdkKnfbsjfjznd jzkz e zkkfkd

14) Students at East Central High School earned $246
selling pennants. They want to make $3810 for a
club trip. What percent of their goal has been
reached? Round to the nearest tenth of a percent,
if necessary.

Answers

Answer:

6.46%

Step-by-step explanation:

246 ÷ 3810 × 100% = 6.46%

Name three different ways a bar graph can be drawn.

Answers

Horizontal bar graphs, line bar graphs, and vertical bar graphs

Can someone please help me solve the equation?

Answers

Answer:

(0,0) is the x and y intercept of the function

Step-by-step explanation:

The parabola touches the x and y axis at 0

The x intercept is (0,0) and the y intercept is (0,0)

Answer:

(0, 0) is the x and y intercepts

Step-by-step explanation:

intercepts are where the curve of the equation contacts an axis

The equation is y = x²

fernando charges a flat fee of 4.50 plus 2.00 per mile for his taxi service, when he got to the airport the cab fare was 12.50 how many miles was the trip to the airport

Answers

the trip to the airport was 6.25 miles.

The trip was 6.25miles long

Verify that the function satisfies the three hypotheses of Rolle's Theorem on the given interval. Then find all numbers c that satisfy the conclusion of Rolle's Theorem. (Enter your answers as a comma-separated list.) F(x) = sin(x/2) , [π/2,3π/2]

Answers

Answer:

The numbers 3(pi)/2, 5(pi)/2 satisfy the conclusion of Rolle's Theorem

Step-by-step explanation:

1. The function must be continuous.  

Trigonometric functions are continuous.  

2.  It must be true that f(a) = f(b) = 0

For this case sin(pi) = sin(3pi) = 0

3. Therefore by Rolle's Theorem, there exist a point, x, such that f(x) = 0

For this case f(x) = cos(x)

And cos(x) = 0 at x = 3(pi)/2,5(pi)/2

Please Help me! I will mark brainliest for correct answer!!!

Answers

Answer:

y=2/3x+1

Step-by-step explanation:

Identify the terminal point for a 45° angle in a unit circle.
O A (231)
O B.
O c.
V2 72

Answers

Answer:

D

Step-by-step explanation:

x- coordinate = cos45° = [tex]\frac{1}{\sqrt{2} }[/tex] = [tex]\frac{\sqrt{2} }{2}[/tex]

y- coordinate = sin45° = [tex]\frac{1}{\sqrt{2} }[/tex] = [tex]\frac{\sqrt{2} }{2}[/tex]

That is ( [tex]\frac{\sqrt{2} }{2}[/tex] , [tex]\frac{\sqrt{2} }{2}[/tex] ) → D

The life of light bulbs is distributed normally. The standard deviation of the lifetime is 2525 hours and the mean lifetime of a bulb is 590590 hours. Find the probability of a bulb lasting for at most 622622 hours. Round your answer to four decimal places.

Answers

Answer:

0.8997 = 89.97% probability of a bulb lasting for at most 622 hours.

Step-by-step explanation:

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Mean of 590 hours, standard deviation of 25 hours.

This means that [tex]\mu = 590, \sigma = 25[/tex]

Find the probability of a bulb lasting for at most 622 hours.

This is the p-value of Z when X = 622.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{622 - 590}{25}[/tex]

[tex]Z = 1.28[/tex]

[tex]Z = 1.28[/tex] has a p-value of 0.8997.

0.8997 = 89.97% probability of a bulb lasting for at most 622 hours.

9+1+10+6×5+9+8×9+8+8+7+6+6+9+6+8+69+85+86+86+97+86+87+86+68

Answers

939

Step-by-step explanation:

hope it will help u

hope it will help u please mark me as brillient...

Answer:

939 is the answer

Step-by-step explanation:

plz Mark me as the brainlist

It takes 12 people 15 hours to complete and certain job.how many hours would it take 18 people, working at the same rate to complete 2/5 of the same job?

Answers

Answer:

9 hours

Step-by-step explanation:

12 people take 15 hours to complete one job. First let's ask how long it would take 18 people working at the same rate to complete the same job? We can use proportions to answer this

[tex]\frac{12 people}{15 hours} = \frac{18 people}{x hours}\\x = \frac{18\times15}{12} = 22.5[/tex]

Now we know that one job takes 18 people 22.5 hours, so 2/5 of the job would take

[tex]\frac{18\times15}{12} \times \frac{2}{5} = 9[/tex]

URGENT!!!PLEASE HELP! PLEASE PLEASE!


Choose the number below that fits into the following number sets:


Natural Number

Whole Number

Integer


A. -½

B. 4.9

C. π

D. 6

Answers

Answer:

d) 6

Step-by-step explanation:

natural number = +ve numbers, so -1/2 is out

4.9 and π arent whole numbers nor intergers

Cost of Building a Home According to the National Association of Home Builders, the average cost of building a home in the Northeast is per square foot. A random sample of new homes indicated that the mean cost was and the population standard deviation was . Can it be concluded that the mean cost differs from , using the level of significance

Answers

Answer:

There isn't sufficient evidence that support the claim that mean cost differs from $117.91

Step-by-step explanation:

Given that :

Population Mean cost, μ = 117.91

Sample size, n = 36

Sample mean, xbar = 122.57

Sample standard deviation, s = 20

The hypothesis :

H0 : μ = 117.91

H0 : μ ≠ 117.91

Using the one sample t test :

Test statistic

(xbar - μ) ÷ s/sqrt(n)

T = (122.57 - 117.91) ÷ 20/sqrt(36)

T = 4.66 / 3.333

T = 1.398

Decision region :

Reject H0 ; If Pvalue < α

α = 0.10

Degree of freedom, df = n - 1 = 36 - 1 = 35

Pvalue(1.398, 35) = 0.1709

Since 0.1709 > 0.10 ; WE fail to reject H0 ; therefore there isn't sufficient evidence that support the claim that mean cost differs from $117.91

When I add 45 to a certain number and divide the sum by 2, the result is the same as 5 times the number. What is the number?​

Answers

Answer:

5

Step-by-step explanation:

(45 + x) / 2

add 45 to a certain number and divide the sum by 2

= 5 × x

is 5 times the number

(45 + x)/2 = 5x

45 + x = 10x

45 = 9x

x = 5

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