Julio just bought a $267,900 house. He had a 20 year mortgage with a fixed rate of 5. 875%. Julio’s monthly payments are $1,558. 9. What percent of the purchase price was Julio’s down payment? a. 13% b. 15% c. 18% d. 20%.

Answers

Answer 1

Julio's down payment was 22.08% of the purchase price.

Given that Julio just bought a $ 267,900 house, and he had a 20 year mortgage with a fixed rate of 5.875%, and Julio's monthly payments are $ 1,558, to determine what percent of the purchase price was Julio's down payment the following calculation must be performed:

(267,900 x 1.05875) - (1558 x 12 x 20) = X

582,682.50 - 373,920 = X

208,762.50 = X  

267,900 = 100

208,762.50 = X

208,762.50 x 100 / 267,900

77.92 = X

100 - 77.92 = 22.08

Therefore, Julio's down payment was 22.08% of the purchase price.

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Related Questions

3 kg of carrots cost £1.80
2 kg of carrots and 5 kg of potatoes cost a total of £3.45
Work out the total cost of 4kg of carrots and 2 kg of potatoes.
You must show all your working.

Answers

Step-by-step explanation:

Price of 3 kg carrots = 1.80

Price of 1 kg carrots = 1.80 ÷ 3 = 0.6

Price of 2 kg carrots = 0.6 x 2 = 1.2

Remaining amount = 3.45 - 1.2 = 2.25

Price of 5 kg potatoes = 2.25

Price of 1kg potatoes = 2.25 ÷ 5 = 0.45

Now

Cost of 4 kg of carrots = 0.6 x 4 = €2.4

Cost of 2 kg of potatoes = 0.45 x 2 = €0.9

The total cost of 4kg of carrots and 2 kg of potatoes is £3.30

What is the total cost?

Total cost is the product of the cost of each unit and the number of units purchased.

As it is given that the cost of 3 kg carrot is £1.80, therefore, the cost of 1 kg of carrot can be written as,

[tex]\text{Cost of 1 kg carrot}=\dfrac{\text{Total cost of carrot}}{\text{Total amount of carrot}}[/tex]

                              [tex]=\dfrac{\£1.80}{3}\\\\= \£0.60[/tex]

Thus, the cost of 1 kg carrot is £0.60.

Now., as it is given that the cost of 2 kg carrot and 5 kg potatoes is £3.45, therefore, the cost of 5 kg potatoes can be written as,

[tex]\text{Total cost}=\text{Cost of 2 kg carrot}+\text{Cost of 5 kg potatoes}[/tex]

[tex]3.45= (0.60 \times 2) + \text{Cost of 5 kg Potatoes}\\\\\text{Cost of 5 kg Potatoes} = 2.25[/tex]

Further, the cost of each kg of potatoes can be written as,

[tex]\text{Cost of 1kg of potatoes}=\dfrac{\text{Cost of 5 kg Potatoes}}{\text{Total amount of potatoes}}[/tex]

                                      [tex]=\dfrac{2.25}{5}\\\\=0.45[/tex]

Thus, the cost of each kg of potatoes is £0.45.

Further,  the total cost of 4kg of carrots and 2 kg of potatoes can be written as,

[tex]\text{Total cost }=\text{Cost of 4kg of carrots} +\text{Cost of 2 kg of potatoes} \\\\\text{Total cost }=(4 \times 0.60)+(2\times 0.45)\\\\\text{Total cost }= 2.24+0.90=\£3.3[/tex]

Hence, the total cost of 4kg of carrots and 2 kg of potatoes is £3.30

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Which is a better deal: A can of 3 tennis balls for $3 or a box of 10 balls for $9?

Answers

Answer:

10 for 9$

Step-by-step explanation:

because say the each ball cpsts a dollar, and the total for 3 would be 3$ for the cost of 10 would be 9 so its less but more mo ey spent

Distance between two points (−5,−5) and (-9, -2)

Answers

Answer: 5

Step-by-step explanation: d = √(x^²-x^₁)^2+(y^²-y^₁)^2 d = √ (-9--5)^2+ (-2 - -5)^2 d = √(-4)^2 + (3)^2 d = √16 + 9 d = √25 d = 5

What is the area of this figure?

Answers

Answer:

The area of this figure is 24mm.

Step-by-step explanation:

4mm*3mm=12mm

1mm*6mm=6mm

3mm*4mm=12mm/2mm=6mm

6mm+6mm+12mm=24mm

4/5 of a dollar is how many cents?

Answers

Answer:

4/5 of a dollar is 80 cents.

Step-by-step explanation:

1 dollar = 100 cents=> 4/5 x 100=> 4 x 20=> 80 cents.

Conclusion:

Therefore, 4/5 of a dollar is 80 cents.

Hoped this helped.

[tex]GeniusUser[/tex]

The value of cents in 4/5 dollars would be 80 cents.

Used the concept of measurement unit that states,

A measurement unit is a standard quality used to express a physical quantity. Also, it refers to the comparison between the unknown quantity with the known quantity.

Since we know that;

1 dollar = 100 cents

Hence we get;

The number of cents in 4/5;

4/5 x 100

4 x 20

80 cents.

Therefore, 4/5 of a dollar is 80 cents.

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solve the equation. Show all your work. Put your final answer in the blank.)
12x + 9 1 = 12

Answers

hope this help u and good luck

Answer:

x=(-79/12) or -6 7/12

Step-by-step explanation:

12x+91=12

     -91   -91

12x=-79

(12x/12)=(-79/12)

x=(-79/12) or -6 7/12

Which number is divisible by both three and nine?



Select the Hint button to view a hint.

A B C D

Answers

Answer:

27

Step-by-step explanation:

3 * 9 = 27

Hope this helps!

Answer:

The bold word help you

Step-by-step explanation:

Consider the numbers 2, 23, 234, 2345, 23456, 234567.

Every number divisible by 9 is divisible by 3. For example, 7425 is divisible by 9, hence it is divisible by 3. However, a number divisible by 3 is not necessarily divisible by 9. For example 6, 12, 15, 21, 24, 30 are all divisible by 3 but none of them is divisible by 9.

6 is divisible by 3 but not by 9 because 6 is greater than 3 but smaller than 9

what is the coefficient in 5z -4m -2x​

Answers

Answer:

The coefficients are 5, -4, and -2.

Step-by-step explanation:

Coefficients refer to the numbers that are directly in front of variables. (Variables are any given letter, in a math problem, that represent unknown number values).

With this being said, the coefficients in this expression are 5, -4, and -2.

Hope this helps you :)

To practice for a competition, Jack swam 740 meters in the pool each day for 3 weeks. How many kilometers did Jack swim in those 3 weeks?

1 m = 0.001 km

P.S pls help me

Answers

Answer:

10080.000

Hope this helps you! Happy holidays

Answer: 15.54 Km

Step-by-step explanation:

740*21 = 15,540 = 15.54 Km

If you could be so kinda as to give me a brainliest, i am trying to get to virtuoso

Pls answer these two questions

Answers

Answer:

1. C

2. C

Hope This Helps!!!

If [tex]f(x-1)=2x+3[/tex] for all values of x, what is the value of [tex]f(-3)[/tex]

Answers

[tex]\\ \sf\longmapsto f(x-1)=2x+3[/tex]

Think about the value f(x-1) and f(-3).f(-3) can be written in the form of f(x-1) .

How?

[tex]\\ \sf\Rrightarrow f(-3)=f(-2-1)[/tex]

As -3=-2-1

Let's find x then

[tex]\\ \sf\Rrightarrow x-1=-3[/tex]

[tex]\\ \sf\Rrightarrow x=-3+1[/tex]

[tex]\\ \sf\Rrightarrow x=-2[/tex]

Now Substitute it in the function

[tex]\\ \sf\longmapsto f(-2-1)=2(-2)+3[/tex]

[tex]\\ \sf\longmapsto f(-3)=-4+3[/tex]

[tex]\\ \sf\longmapsto f(-3)=-1[/tex]

I need help and I can’t find any sadly. Help!!

Answers

Answer:

See answer below.

Step-by-step explanation:

3x - 2 =  4                Given

   +2  =  +2

  3x     =  6               Addition Property of Equality

3x/3  = 6/3

     x = 2                  Division Property of Equality

I NEED HELP WHAT IS 3 miles 440 yards + 6 miles 880 yards

Answers

(3 miles) + (440 yards) + (6 miles) + (880 yards)

= 9.75 miles

After adding all the given values in, the same unit will be equal to 9.75 miles.

What is Unit conversion?

Multiplying or dividing by a numeric number, or more specifically, a correction factor, is a procedure comprising several steps known as conversion.

Rounding and choosing the appropriate number of significant digits may also be necessary steps in the procedure.

As per the given information in the question,

3 miles + 440 yards + 6 miles + 880 yards

Now, use unit conversion,

1 mile = 1760 yards

440 yards = 0.25 miles and,

880 yards = 0.50 miles

So, total distance is,

3 miles + 0.25 miles + 6 miles + 0.50 miles = 9.75 miles.

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Valery and Manuel ride their bikes 40 miles every Saturday. Valery rides at an average speed of 9.6 miles per hour (mph).
Valery increases her speed by 4% the next time she rides her bike. Her goal is to ride faster than Manuel.
Is the 4% increase enough to ride faster than Manuel? yes or no.
As part of your explanation, identify Valery's new speed. Then explain why or why not she met her goal.

Answers

Answer:

9.984, can't tell.

Step-by-step explanation:

9.6 increased by 4% is

9.6 * 1.04 = 9.984 mph.

We don't know from this how fast Manuel rides.

Find the x and y intercepts of each equation

Answers

Step-by-step explanation:

the y-intercept is the y value when x = 0.

the x-intercept is the x Banjul when y = 0.

now we only need to put the corresponding 0-value into the equations and calculate the other value.

a.

x = 0, y = 10

y = 0, x = 5 because

0 = 10 - 2x

2x = 10

x = 5

b.

x = 0, y = 2 because

9y = 18

y = 0, x = 18/4 = 9/2 because

4x = 18

c..

x = 0, y = -22 because

-2y = 44

y = 0, x = 44/6 = 22/3 because

6x = 44

3x = 22

d.

x = 0, y = -4/12 = -1/3 because

0 = 4 + 12y

y = 0, x = 4/2 = 2 because

2x = 4

x = 2

Need help ASP!!! Math-help

Answers

Answer:
Could not lie on the same line
Explanation:

Convert 555 into base five numeral system .( no link pls)............​

Answers

Presumably you mean 555 as a number in base 10.

We have

555 = 5 • (100 + 10 + 1)

… = 5 • (4 • 25 + 2 • 5 + 1)

… = 5 • (4 • 5² + 2 • 5¹ + 1 • 5⁰)

… = 4 • 5³ + 2 • 5² + 1 • 5¹

… = 4210₅

Plz help
Find ‘x’ & ‘y’

Answers

Answer:

x=20. y=15

Step-by-step explanation:

in similar triangles the sides are all in proportion. this means:

[tex] \frac{25}{5} = \frac{x}{4} = \frac{y}{3} [/tex]

[tex] \frac{25}{5} = 5[/tex]

so:

[tex] \frac{x}{4} = 5[/tex]

x=5×4

x=20

and...

[tex] \frac{y}{3} = 5[/tex]

y=3×5

y=15

Find the exact value of the indicated trigonometric function of θ.
sin θ = [tex]\frac{1}{6}[/tex], sec θ < 0 Find cos θ and tan θ. ____________________

Answers

Answer:

cosθ = -√(35/36)

tanθ = -1/√35

Step-by-step explanation:

We know that

sin²θ + cos²θ = 1

(1/6)² + cos²θ = 1

1 - (1/6)² = cos²θ

35/36 = cos²θ

sec θ = 1/ cosθ

1/ secθ = cos θ

Because secθ < 0, 1/ secθ would also be < 0, so cos θ < 0

cosθ = -√(35/36)

tanθ = sinθ/cosθ = (1/6)/-√(35/36)

= (1/6) / -(√35/6)

= -1/√35

Chris bought 25.4 gallons of gasoline. There are approximately 3.8 liters in 1 gallon. How many liters of gasoline did Chris buy?

Answers

Answer:

Chris bought approximately 96.52 liters of gasoline.

Step-by-step explanation:

Since the problem states that every gallon of gasoline has approximately 3.8 liters, simply multiply 3.8 by the number of gallons given (25.4).

25.4 * 3.8 = 96.52

what is the area of the rectangle. ​

Answers

Answer:

54 units^2

Step-by-step explanation:

What is the value of b in centimters?

Answers

I estimate about 27 cm

have a nice dayyyy

Carol wants to make a sculpture using brass and aluminum, with the dimensions shown below, Aluno Bree The area of the aluminum section can be found using the equation 1 1 А zah - 1 3 bh 2 Which of the following shows the aluminum section's area formula solved for me A h=2A(a - b) B. 2A h= ab С. A h= 2(a - b) D. h Ala-b) 2​

Answers

The aluminum section's area formula solved for h is [tex]h =\frac{A}{a - b}[/tex]

From the complete question, the expression of the area (A) in terms of variables a, b and h is:

[tex]A = ah - bh[/tex]

Factor out h from the expression on the right-hand side

[tex]A = h(a - b)[/tex]

Divide both sides of the equation by (a - b)

[tex]\frac{A}{(a - b)} = h[/tex]

Remove the bracket

[tex]\frac{A}{a - b} = h[/tex]

Rewrite the above equation as follows:

[tex]h =\frac{A}{a - b}[/tex]

Hence, the aluminum section's area formula solved for h is [tex]h =\frac{A}{a - b}[/tex]

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smiplify 3^2 x 3^4 x 3^6
PLEASE ANSWER QUICKLY

Answers

[tex] {3}^{2} \times {3}^{4} \times {3}^{6} [/tex]

[tex] = {3}^{2 + 4 + 6} [/tex]

[tex] = {3}^{2 + 10} [/tex]

[tex] = {3}^{12} [/tex]

what is 7 × 6 − 6 × 2 ÷ 8 + 99 − 5 ÷ 3 × 4
help me plz

Answers

132.8333333333333 is the answer

(WILL GIVE BRAINLIEST)


The points (2, -4), (x,y), A and B all lie on the line in the applet below. Find an equation relating x and y

Answers

Answer:

y=3/4x-5.5 this should be your answer

Step-by-step explanation:

sorry of im wrong

have a wonderfull day!

Can someone pls help me with this!!

Answers

Answer:

(-8,7)

(4,3)

(16,-1)

Step-by-step explanation:

I feel as though there is a formula for this but I cannot remember at the moment so I am gonna do it the long way!

2(-8) + 6(7) =26

-16 + 42 + 26

26 = 26 Yes

____________

2(-1) + 6(4) =26

-2 + 24 =26

22 = 26 No

____________

2(2) + 6(5) =26

4+30 = 26

34 =26 No

____________

2(4) + 6(3) =26

8+18

26 = 26 Yes

____________

2(16) +6(-1) =26

32 + (-6)

26=26 Yes

____________

Hope this helps!!

Please correct me on any mistakes I enjoy learning from them:)

Your family goes to a restaurant for dinner. There are
12 people in your family. Some order the chicken dinner for
$14.99 and some order the steak dinner for $25. if the total
bill was $219.92, how many people ordered each type of
dinner?

Answers

Answer:

8  chicken and 4 steak .

Step-by-step explanation:

8 x 14.99 =  119.29

4 x 25 = 100

Which table represents the same proportional relationship as the equation Y= 36x?

Answers

Answer:

C

Step-by-step explanation:

It does what the equation says. It multiplies x by 36

I hope this helps!

Mean and median of 1024 divided by 16 and of these numbers 34,48,52,61,76,76,61,84,61,39,83,61,79,81,56,88

Answers

Answer:

8

Step-by-step explanation:

88888888888888888888888888888888888

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