Ethan is looking to take out a mortgage for $620,000 from a bank offering an annual interest rate of 4.5%, compounded monthly. Using the formula below, determine his monthly payment, to the nearest dollar, if the loan is taken over 25 years.

Answers

Answer 1

His monthly payment to the nearest dollar of the loan taken over 25 years = $4,391.67

Calculation of monthly payment

The mortgage capital = $620,000

The rate of payment of interest= 4.5%

The period for the payment = 25 years.

Simple interest

= p×T×R/100

= $620,000 × 25 × 4.5/100

= 69750000/100

= $697,500

Therefore the total amount of money that will be generated = $620,000 + $697,500 = $1,317,500

Therefore the monthly payment,

= $1,317,500/12×25

= $4,391.67

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Related Questions

What is the perimeter of the following shape? (use an approximate value) pie = 3.14

Answers

Answer:   71.96 cm

===========================================================

Explanation:

A full circle of radius r = 14 cm has a circumference of...

C = 2pi*r

C = 2*3.14*14

C = 87.92

This is the approximate distance around the circle, aka the perimeter.

Half of this is 87.92/2 = 43.96 which is the curved distance of this semicircle.

The straight line portion is 14+14 = 28 cm long.

The total perimeter of the semicircle shown is 43.96+28 = 71.96 cm

Question 5
The price of an apple is $1.25. If you get 20% discount, how much do you have to
pay?

Answers

Answer:

you will only pay one dollar I did this question before, and it was easy Please mark me brainiest please

Step-by-step explanation:

Find the least number which when divided by 6, 15 and 18 leave remainder 5 in each case. ( pls answer fast )

Answers

Answer:

95

Step-by-step explanation:

The smallest number that divided by 6, 15, and 18 leavses 5 in each case is 95

In the past week, Joe has recorded the number of tickets that a movie theater has sold during each day from Monday to Saturday. This information was shown through the following Bar Graph.

How does the Bar Graph misrepresent the data?

A. The scale along the vertical axis is divided into unequal intervals.
B. The categories along the horizontal axis are missing one of the days.
C. The widths of the bars are not equal.
D. The heights of the bars representing Monday and Thursday are not same.

Answers

Based on the information shown through the bar graph, a misrepresentation of the data is that: B. the categories along the horizontal axis are missing one of the days.

What is a bar graph?

A bar graph can be defined as a type of chart that is used for the graphical represent of data (information), especially through rectangular bars or vertical columns.

Based on the information shown through the bar graph in the image attached below, we can logically deduce that a misrepresentation of the data is that the categories along the horizontal axis are missing one of the days (Friday).

In conclusion, this bar graph misrepresented the data because Friday is missing from the categories along the horizontal axis.

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Alex got 27 questions out of 30 correct. what present of the questions did he get correct?(use fish method)

Answers

if we take 30 to be the 100%, what is 27 off of it in percentage?

[tex]\begin{array}{ccll} amount&\%\\ \cline{1-2} 30 & 100\\ 27& x \end{array} \implies \cfrac{30}{27}=\cfrac{100}{x} \\\\\\ \cfrac{10}{9}=\cfrac{100}{x}\implies 10x=900\implies x=\cfrac{900}{10}\implies x=90[/tex]

A whole year level of 164 students is to be divided into 18 groups. By rounding
both numbers to the nearest 10, approximate the number of students in each
group.

Answers

Answer:

10

Step-by-step explanation:

no. of students in each group=164/18=9.111111...=10 (nearest 10)

Answer:

8

Step-by-step explanation:

When rounding to the nearest 10:

If the units are 0, 1, 2, 3 or 4 → round downIf the units are 5, 6, 7, 8 or 9 → round up

Therefore:

164 rounded to the nearest 10 = 160

18 rounded to the nearest 10 = 20

To approximate the number of students in each year group, divide the rounded number of students by the rounded number of groups:

⇒ 160 ÷ 20 = 8

Find the length of the arc

Answers

Answer:

A

Step-by-step explanation:

the length of the arc is calculated as

arc = circumference of circle × fraction of circle

     = 2πr × [tex]\frac{120}{360}[/tex]

     = 2π × 8 × [tex]\frac{1}{3}[/tex]

    = 16π × [tex]\frac{1}{3}[/tex] = [tex]\frac{16\pi }{3}[/tex] m

What is the length of segment R S?

Answers

Answer:

C

Step-by-step explanation:

since the triangles are similar then the ratios of corresponding sides are in proportion , that is

[tex]\frac{RS}{FG}[/tex] = [tex]\frac{ST}{GH}[/tex] ( substitute values )

[tex]\frac{RS}{21}[/tex] = [tex]\frac{4}{12}[/tex] ( cross- multiply )

12 RS = 84 ( divide both sides by 12 )

RS = 7 cm


13) Greenhouse gases are contributors to climate change as they absorb outgoing solar radiation and convert it to thermal energy. The main contributors to the
warming are carbon dioxide, methane, dinitrogen monoxide, and F-gases. The sources of these gases are shown in the pie chart here. What questions are relevan
these gases and their impacts on the climate change over the past 100 years? Select ALL that apply.
A) Does an increase in fossil fuel combustion create a local weather change?
B) Can a legislation that reduces the F-gases help prevent a global climate change?
C) Can reforestation of trees reduce the amount of carbon dioxide that is present in the atmosphere?
D) Can an increase in meat production occur without increasing methane and nitrogen from fertilizers?
E) Can a reduced reliance on fossil fuels decrease the atmospheric carbon dioxide and prevent rising global temperatures?

Answers

Answer:

e)as we know in this current century many modern country is polluting air pollution that may lead to impact our health

Move point C so that ∠BAC and ∠CAD form a pair of supplementary angles, or angles whose sum is 180°. Record each of the angle measurements for this case.

Answers

The recorded angle measurements of ∠BAC and ∠CAD could be 110° and 70°, vice versa.

What are supplementary angles?

Supplementary angles are a pair of angles that always sum up to 180°. These angles can either;

adjacent  non-adjacent.

Adjacent supplementary angles

Adjacent supplementary are angles with a common vertex and arm.

Non-adjacent supplementary angles

Non- adjacent supplementary angles are angles without a common vertex or arm.

∠BAC and ∠CAD are adjacent supplementary angles because they have a common vertex, A, and a common arm AC.

They add up to 180°.

∠ BAC = 110° and ∠CAD = 70°

Hence, the angles could be 110° and 70°.

Note, this is an overview as the question is not complete.

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Answer: When the two angles are supplementary, m∠BAC = m∠CAD = 90° and m∠DAB = 180°.

Step-by-step explanation: Edmentum Answer

If ln=12x+16 what is the length is ln units

Answers

If I’m = 12x + 16 what is the length is in units

Which of the following statements is true concerning ABC below?
B
11
11
A
OA. ZB is the smallest angle.
B. ZA is the largest angle.
OC. ZA is the smallest angle.
D. ZB is the largest angle.
14
C

Answers

Angle B is the largest angle. , Option D is the correct answer.

What is an Isosceles Triangle ?

A triangle that has two sides equal is called an Isosceles Triangle.

It is given in the question a triangle ABC

With BA =BC

therefore angle A is equal to angle C

In a triangle the angle opposite to the longest side is the biggest angle

Therefore angle B is the largest angle.

Option D is the correct answer.

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You are choosing a student council president by lots.. If you have 10 pieces of paper numbered 0-9 and you draw 2 pieces (where order does NOT matter), how many candidates can get a unique number sequence?

Select one:

a.
90


b.
45


c.
60


d.
30

Answers

Using the combination formula, it is found that the number of candidates that can get a unique number sequence is given by:

b. 45.

The order of the pieces is not important, hence the combination formula is used.

What is the combination formula?

[tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by:

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

In this problem, 2 pieces are taken from a set of 10, hence the number of sequences is given by:

[tex]C_{10,2} = \frac{10!}{2!8!} = 45[/tex]

Which means that option b is correct.

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if a= 2x-3 and b= 2x+5
determine the product of a and b by using formulae. if x=2, ab= what?
help pleasee would appreciate a lot

Answers

Answer:

a= 2x-3 b= 2x+5

ab= (2x-3)(2x+5)

= 2x*2x+ 2x*5- 3*2x- 3*5

= 4x+ 10x- 6x- 15

= 14x- 6x- 15

= 8x -15

x= 2

= 8(2)- 15

= 16-15

= 1

Which expression gives the distance between the points
(-3, 4) and (6, -2)?
O A. (-3-4)²+(6+2)²
O B. (-3-6) +(4+2)²
O C. (-3-6)²+(4+2)²
O D. (-3-4)²+(6+2)²

Answers

The expression that gives the distance is [tex]\sqrt{(-3 - 6)^2 + (4 + 2)^2}[/tex]

How to determine the expression?

The points are given as:

(-3, 4) and (6, -2)

The distance between two points is calculated using:

[tex]d = \sqrt{(x_1 - x_2)^2 + (y_1 - y_2)^2}[/tex]

This gives

[tex]d = \sqrt{(-3 - 6)^2 + (4 + 2)^2}[/tex]

Hence, the expression that gives the distance is [tex]\sqrt{(-3 - 6)^2 + (4 + 2)^2}[/tex]

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i am BEGGING FOR HELP on this question please help IM GIVING 5 STAR AND BRAINLIEST PLEASE ANSWER QUICKLY PLEASE ⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️

Answers

Answer: COSINE

Step-by-step explanation:

I PROMISE

Answer:

See below

Step-by-step explanation:

For a right triangle, with the information given,   tangent function is most appropo

tan 41 = 4/x re-arrange to

      x = 4 / tan(41)             then x = 4.60

One week, Genesis earned $367.40 at her job when she worked for 22 hours. If she is paid the same hourly wage, how many hours would she have to work the next week to earn $584.50?

Answers

Answer:

35 hrs

Step-by-step explanation:

Hope this helps! Have a great day!!

I need help finding both volume and surface area

Answers

Answer:

Volume

For the rectangle, h = 3cm, l = 8cm, w = 6cm
V = length x width x height
V = 8cm x 6cm x 3cm
V = 144cm^3

For the semi circle, we need to find the radius. The radius is width/2, so 6cm/2 = 3cm. r = 3cm, [tex]\pi[/tex] = 3.14
V = radius^2 x height x [tex]\pi[/tex]
V = 3cm^2 x 3cm x 3.14
V = 84.8 cm^3/2 (because the cylinder needs to be divided to form a semi-circle)
V= 42.4cm^3 (there are two cylinders though so we will multiply this by 2 in the total volume)

Total volume:
V = 144cm^3 + 42.4cm^3(2)
V = 186.4cm^3

Surface Area

Rectangular prism:
A = 2[w(l) + h(l) + h(w)]
A = 2[6cm(8cm) + 3cm(8cm) + 3cm(6cm)]
A = 180cm^2
But there are two sides that are covered by the semi-circular prisms, so we will have to calculate those sides and remove them.
A = l x w
A = 6cm x 3cm
A = 18cm^2(2) (2 being the two faces)
A = 36cm^2

A = 180cm^2 - 36cm^2
A = 144cm^2 (the area of the rectangle)

Semi-circular prism:
A = 2[tex]\pi[/tex]rh + 2[tex]\pi[/tex]r^2
Earlier, we found out that the radius of the circle is 3cm, so we will plug that in.
A = 2(3.14)(3cm)(3cm) + 2(3.14)(3cm)^2
A = 113.09cm^2

Total surface area:
A = 144cm^2 + 133.09cm^2
A = 277.09cm^2

Therefore the total volume of the prism is 186.4cm^3 and the total surface area is 277.09cm^2.





Help me please!!!!!!!!

Answers

Answer:

the third option

Step-by-step explanation:

because the numbers down there are the coefficients of the top equations

(x + 3) (x + 5) (x + 7) (x + 9) + 16​

Answers

Hope this helps! Let me know if you need anything.

First two two terms of the given number sequence 3n + 1 are...​

Answers

Answer:

the sequence begins as {4, 7, ... }

Step-by-step explanation:

a(n) = 3n + 1

The first term is a(1) = 3(1) + 1 = 4, and

the second term is a(s) = 3(2) + 1 = 7

So the sequence begins as {4, 7, ... }

A high school track coach wanted to test whether giving the students an energy drink could affect performance during the 100 meter race. The coach split the 18 boys into two equal sized groups, where Group 1 was given the energy drink and Group 2 was not. The 100 meter race times were recorded during practice and shown in the table below. What inference can be made about the results?

Answers

Based on the difference in the observed means given, we can infer that energy drink does indeed have an effect on performance.

Can the energy drink affect performance?

First find the observed mean difference:

= 11.6 - 10.8

= 0.8 seconds

When the exercise is done only once, we see that on average, those who took the energy drink were faster and so finished earlier than those who didn't.

We can therefore infer that the energy drink has an effect on performance.

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n music, a quaver is one-eighth of a semibreve (whole note). What fraction of a semibreve is a hemidemisemiquaver? (Hint: hemi-, demi-, and semi- are prefixes each of which represents a multiplication by one-half).

Answers

Answer:

[tex]\dfrac{1}{64}[/tex]

Step-by-step explanation:

Hemi-, demi- and semi- are prefixes which mean half.

When applied to musical notation, each time a prefix is added it means the note's value is halved.

Therefore, if a quaver is one-eighth of a semibreve, then a semiquaver is half of a quaver, which means it's one-sixteenth of a semibreve.

[tex]\large \begin{aligned}\sf quaver & = \sf\dfrac{1}{8}\:of\:a\:semibreve\\\\\implies \sf hemisemidemiquaver & = \sf \dfrac{1}{2} \times \dfrac{1}{2} \times \dfrac{1}{2} \times quaver\\\\& = \sf \dfrac{1}{2} \times \dfrac{1}{2} \times \dfrac{1}{2} \times \dfrac{1}{8}\\\\& = \sf \dfrac{1}{64}\:of\:a\:semibreve\end{aligned}[/tex]

Therefore, a hemisemidemiquaver is one-sixty-fourth of a semibreve.

can someone please hepl me on tis

Answers

Answer:

Answer is in pictures

Step-by-step explanation:

36=6x6 90=9x10

256+7=263 104=98+6-2

678=678 81+9=90

Does anyone know the answer to this question here ?

Answers

Answer:

True

Step-by-step explanation:

Factor 6x¹ − 5x² + 12x² − 10 by grouping. What is the resulting expression?
(6x + 5)(x²-2)
(6x - 5)(x²+2)
(6x² + 5)(x-2)
(6x²-5)(x+2)

Answers

Answer:

[tex](6x-5)(x^2+2)[/tex]

Step-by-step explanation:

[tex]~~~6x^3 -5x^2 +12x -10\\\\=6x^3-5x^2+12x-10\\\\=x^2(6x-5) +2(6x-5)\\\\=(6x-5)(x^2+2)[/tex]

Please help!! So confused

Answers

Answer:

A.2x^2 + 12x

Step-by-step explanation:

Here,
f(x) = 1/2 x^2 + 3x
Now,
4.f(x) = 4(1/2 x^2 + 3x) = 4/2 x^2 + 12x = 2x^2 + 12x

when factoring the following trinomial,you need two numbers that multiply to equal "-24" and add to "-10" choose the two correct numbers
6
-8
-3
4
-6
-4
12
3
8
-2
-12
2

Answers

Answer:

-12 and 2

Step-by-step explanation:

-12 × 2 is -24

and

-12 + 2 is -10

A subtrahend is the number being subtracted in a subtraction problem. Robert
misread the digit l in the ones place of the subtrahend as 7 and the digit 7 in the tens place of the subtrahend as 1. The difference in the subtraction then became 222. What would be the actual difference if he had read the numbers correctly?

Answers

From the calculation below, the actual difference, if Robert had read the numbers correctly, is 168.

How to use subtrahend in the calculation?

Let X represents the number from which subtrahend is subtracted.

Therefore, we can calculate X as follows:

X – 17 = 222

X = 222 + 17 = 239

If the subtrahend is read correctly as 71 and then subtracted from 239, we have:

Actual difference = 239 – 71

Actual difference = 168

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the situation.
Sheryl makes $7 per pair of
earrings, e, and $13 per necklace,
n, she sells. What expression
represents her total income?

Answers

The expression which represents Sherly's total income is 7e + 13n.

What is Cost Price?

The cost price represents the specific value that represents unit price purchased.

Here,

total pair of earrings = e

total pair of necklaces = n

Cost of 1 pair of earring = $ 7

Cost of 1 necklace = $ 13

earning from earring = 7e

earning from necklace = 13n

Total earning = earning from earring + earning from necklace

Total earning = 7e + 13n

Thus, the expression which represents Sherly's total income is 7e + 13n.

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