A mortgage has an initial balance of $150,000 and is charged 5% yearly interest applied monthly. If a person makes a payment of $1000 each month, which of the following is closest to the mortgage balance after 3 months of payments?

(1) $145,165
(2)$147,520
(3)$148,160
(4)$148,870

Answers

Answer 1
I think it is (2) but I’m not 100% sorry if this wasn’t much help
Answer 2

A mortgage loan is termed as a loan that is used to purchase or maintain a home, land or other pieces of real estate.

The borrower agrees to repay the amount of loan to the lender over a period of time, usually in a series of regular installments divided into principal and interest. The property is used as security for the loan.

Calculation of the amount of mortgage is as follows:

[tex]\text{Interest}= \text{Mortgage amount} \times\frac{0.05}{12}\times3[/tex] = 1875

[tex]\text{Principal Pay }= 1000 \times3[/tex] = 3000

Total amount paid = Interest + principal pay = 1875 + 3000 = 4875

Initial balance = 150000

The remaining balance for the mortgage amount = initial balance - the total amount paid.

Amount of mortgage = $ 145125.

Therefore the closest to the mortgage balance after 3 months of payments is

(1) $145,165.

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Related Questions

can someone help with median and mode​

Answers

Sure! I think what you’re asking is to explain median and mode right?
Median is the number in the middle of the data. If you were to line up all of these numbers and count which number is in the very middle, that would be the median! The mode is the number that appears the most in data or charts. You would count and see which number is the most common in data! I hope I helped!

the vertex of f(x) = 3x ^2+ 5x + 2 is a:
minimum
maximum
none of these

Answers

Answer:

minimum

Step-by-step explanation:

Given a quadratic in standard form f(x) = ax² + bx + c ( a ≠ 0 )

• If a > 0 then vertex is a minimum

• If a < 0 then vertex is a maximum

f(x) = 3x² + 5x + 2 ← is in standard form

with a = 3

Since a > 0 then vertex is a minimum

k +-23 = -100
help me

Answers

Answer:

-77

Step-by-step explanation:

-77 + -23 = -100

what is 2324132352413142536-1342536435241342536/2354253643524125363541+425364763524142536475

Answers

That is going to be a looong answer...

[tex]2324132352413142536 - \frac{1342536435241342536}{2.354254e} - 21 + 425364763524142536475[/tex]

and done

Bill launched a model rocket, and estimated its height h, in feet, after t seconds. His results are shown in the table.
Time, t
0
1
2
3
4
Height, h 0 110 190 240 255
Bill's data can be modeled by the function h(t) = -1612 + 128t.
Which value is the best prediction for the height of the rocket after 5.5 seconds?
A. 150 ft
B. 180 ft
C. 220 ft
D. 250 ft
E. 260 ft

Answers

Heyo!

So, the best prediction for the height of the rocket after 5.5 seconds, based on the given data above, I believe would be C. 220 ft.

Hope this helps! Pls, LMK if it does! Good Luck!

The best prediction for the height of the rocket after 5.5 sec will be 220 feet.

What is a quadratic equation?

A quadratic equation is an equation where the highest power of the variable is 2.

Given data for the height of the rocket at different time is modeled by the function  h(t) = -16t² + 128t

The height of the rocket after 5.5 sec will be

= h(5.5) = [- 16(5.5)² + 128 × 5.5] feet = (- 484 + 704) feet = 220 feet.

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A baker made 15 loaves of bread from 3 pounds of flour. Each loaf had the same amount of flour. How many pounds of flour were used to make each loaf?

Answers

Answer:

0.2 pounds

Step-by-step explanation:

You can use unitary method:

To make 15 loaves of bread, flour needed is 3 pounds

To make 1 loaf of bread, flour needed is 3/15 pounds = 0.2 pounds

4. A blanket shop had 27 feet of fabric. If they wanted to use the fabric to make 5 blankets, each the same length, how long would each one be? Between what two whole numbers does your answer lie?

in test need help

will give brainiest

Answers

Answer:

5 2/5. 5 or 6, I'm not completely sure though.

Step-by-step explanation:

Leon has $77,343 in a savings account that earns 9% annually.The interestis not compounded.To the nearest cent,how much interest will he earnin 4 months?

Answers

Answer:

$ 2320.3

Step-by-step explanation:

Leon has $77,343 in a savings account that earns 9% annually.The interestis not compounded.To the nearest cent,how much interest will he earnin 4 months?

Since the interest is not Compounded

We solve using Simple Interest formula

= P × R × T

P = $77,343

R = 9 %

T = 4 months

Converting to years

= 4/12 = 0.3333333333

Interest = $77,343 × 9% × 0.3333333333

=$2320.29

Approximately to the nearest cents = $2320.3

how are mimes and tableaus different. and how are they similar​

Answers

what the hell does this have to do with mathematics

PLZ!!!!! SOMEONE HELP!!!!!
COULD ANYONE HELPME!!!!!!!! PLZ!!!!!!!!!

Answers

Answer:

area of shaded portion of figure = 76.24 cm²

Step-by-step explanation:

find the area of the circle, a 60° segment of the circle, and an equilateral triangle with sides of 5 cm:

area of circle = πr² = (3.14)(5²) = 78.5 cm²

area of 60° segment of circle = 78.5/6 = 13.08 cm²

area of triangle = 1/2(4.33)(5) = 10.82 cm²

The shaded area will be:

full circle area - (60° segment - triangle) = 78.5 - 13.08 + 10.82 = 76.24 cm²

What is the volume, in cubic feet, of a cylinder with a height of 3 feet and a
base radius of 2 feet, to the nearest tenths place?

Answers

Answer:

i think 4 feet tall

Step-by-step explanation:

i think if it is wrong im sorry i tried

Answer:

37.7ft³

Step-by-step explanation:

Solve the following expression when
k= 12 and v = 6
ķ + 5 - 4v + 12

Answers

Answer:

-5

Step-by-step explanation:

[tex]\frac{12}{6} + 5 - 4(6) + 12 = -5[/tex]

Have a great day :)

In Exercises 2 and 3, find the value of x that makes PQR ~JKL.

Answers

Answer:

2. 4

3. 9

Step-by-step explanation:

2. 4 ~ 8

3 ~ x + 2

x + 1 ~ 10

8 / 4 = 2

2 (3) = x + 2

6 = x + 2

- 2     - 2

x = 4

2 (x + 1) = 10

/ 2           / 2

x + 1 = 5

   - 1   - 1

x = 4

 

3. 9 ~ 13.5

x + 1 ~ 15

13.5 / 9 = 1.5

1.5 (x + 1) = 15

/ 1.5         / 1.5

x + 1 = 10

  - 1    - 1

x = 9

The sum of three consecutive integers is 144. What is the smallest of these integers?

Answers

Answer:

They are 46, 48, 50.

Step-by-step explanation:

An even number is a multiple of

2

, then can be written as 2n. The next even number after

2

n

is

2

n

+

2

and the following is

2

n

+

4

.

So you are asking for which value of

n

it you have

(

2

n

)

+

(

2

n

+

2

)

+

(

2

n

+

4

)

=

144

I solve it for

n

6

n

+

6

=

144

n

=

138

6

=

23

.

The three numbers are

2

n

=

2

23

=

46

2

n

+

2

=

46

+

2

=

48

2

n

+

4

=

46

+

4

=

50

On a road trip, you stop to get gas when there is 1 4of a tank of gas left. You get the tank filled and this takes 12 gallons of gas. How much gas does the car's tank hold?

Answers

Answer: 16 gallons

Step-by-step explanation:

Since we are given the information that 1/4 of the gas is left, it simply means that (1 - 1/4) = 3/4 has been used.

The tank was filled and this was 12 gallons of gas.

Let the gas that the tank hold be represented by x. Therefore,

3/4 of x = 12

3/4 × x = 12

0.75x = 12

x = 12/0.75

x = 16

The tank holds 16 gallons of gas.

A baker used 4 bags of flour every 10 days. He used_
of a bag each day.

Answers

Answer:

0.40

Step-by-step explanation:

4/10 = 0.40

Answer:
2.5

Explanation:
10 divided by 4 = 2.5

What is the answer to my question

Answers

672 cm³
Step-by-step explanation:
10x7x9=630
2x3x7=42
630+42=672

15 and 16 please help no links

Answers

Answer:

both of the answers are C.

Terry bought 7 packs of dodger peanuts at the game.If each pack holds 1 2/3 ponds of peanuts how many pounds of peanuts did terry purchase in total

Answers

Answer:

11 2/3 pounds

Step-by-step explanation:

If a pack contain 1 2/3 pounds, 7 packs would contain :

1 2/3 x 7

[tex]\frac{5}{3}[/tex] × 7 = 35/3 = 11 2/3 pounds

The area of a triangle can be found based on the area of a _____. circle trapozoid parallelogram

Answers

Answer:

Trapezoid

Step-by-step explanation:

A triangle can be thought of as a trapezoid with one of the side length being 0.

Answer:

Parallelogram

Step-by-step explanation: "Surprisingly, this triangle (or any triangle) is related to a parallelogram." Found it in my text (Calvert Academy school)

PLEASEEE HELP WILL GIVE BRAINLIEST

Answers

Answer:

volume = 160 cubic units

Step-by-step explanation:

volume = (6 x 4 x 5) + (4 x 2 x 5) = 160 cubic units

Each month, the charge for a cell phone plan consists of a flat fee of $42, plus $12 per gigabyte of data.
Which equation represents the total monthly charge for the plan, C(d) dollars, as a function of the number
of gigabytes of data, d ?
A. C(d) = 12(42)d
B. C(d) = 12d +42
C. C(d) = 42d + 12
D. C(d) = (12 + 42)d

Answers

Answer:

B.) C(d)= 12d+42

Step-by-step explanation:

A flat fee means it is only paid once and doesn't increase or decrease.

The gigabytes of data fluctuate how much you pay the 12 dollar amount.

Meaning 12d represents the price of data and +42 shows the flat rate.

Overall giving us the equation C(d)= 12d+42.


The sketch shows part of the graph y=ab^x

Answers

Answer:

a = 3, b = 2

[tex]y = 3\cdot 2^x[/tex]

Step-by-step explanation:

[tex]y = ab^x\\3 = ab^0\\12 = ab^2\\~\\3=ab^0=a\cdot 1 = a\\a = 3\\~\\12 = ab^2 = 3b^2\\4 = b^2\\b = 2 \vee b = -2[/tex]

but we know from the graph being defined and positive, that b cannot be -2

b = 2

The value of a is 3 and value of b is 2.

What is Graph?

Graph is a mathematical representation of a network and it describes the relationship between lines and points.

The graph is y=abˣ

The points with coordinates (0, 3) and (2, 12) lie on the graph.

We need to find the values of a and b.

The point (0, 3)

3=ab⁰

a=3

Now point (2, 12)

12=ab²

Now plug in a value as 3

12=3b²

Divide both sides by 3

12/3=b²

4=b²

b=2

Hence, the value of a is 3 and value of b is 2.

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Shona has to draw the line with equation y = 3x + 2. Here is her line. Explain why Shona's line cannot be correct.

Answers

Answer:

Step-by-step explanation:

The y intercept cannot possibly where it is shown. The slope is correct. The line is going from the lower left to the upper right, and the 3 makes the line closer to the y axis. For example if x = 1 then y = 3*1+2 = 5.

If x = 2, then y = 3*2 + 2 = 8 so each move of x makes a huge difference in where y is.

So lets go back to the y intercept. When x = 0, then y = 2. y = 2 is about the x axis, not below it.

Shona's drawn line cannot be the representation of her equation y = 3x + 2, as the y-intercept of her drawn line is negative, while the y-intercept of the equation is positive (b = 2).

What does the equation of a line imply?

The equation of a line of the form y = mx + b shows a line on the coordinate plane, where for every value of x, we get a particular value of y, and m is the slope of the line. The slope is the value of tan θ, where θ is the positive angle formed between the x-axis and the line. b is the y-intercept. The y-intercept is the value of y when x = 0. This signifies that the line passes through the point (0, b).

How do we solve the given question?

We are given an equation of a line y = 3x + 2, and a line of the coordinate plane.

We are asked to give the reason why the line on the plane is not the representation of the given equation.

The equation y = 3x + 2, when compared to the slope-intercept form of a line, y = mx + b, shows that the slope m = 3 and the y-intercept b = 2.

The line on the plane has a positive slope, so m = 3 can be its slope.

But the y-intercept of the drawn line is negative since it is below the origin. So b = 2 cannot be its y-intercept.

(Value of y is positive above the origin and negative below the origin)

(Value of x is positive to the right of the origin and negative to the left of the origin)

∴ Shona's drawn line cannot be the representation of her equation y = 3x + 2, as the y-intercept of her drawn line is negative, while the y-intercept of the equation is positive (b = 2).

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A bag contains eight black cards numbered 1 through 8 and six red cards numbered 1 through 6. You choose a card at random what's the possible outcome

Answers

Answer:

14 possible outcomes

Step-by-step explanation:

It is given that :

There are 8 black cards numbered 1 through 8.

Therefore, Black 1, Black 2, Black 3, Black 4, Black 5, Black 6, Black 7, Black 8.

And there are 6 red cards numbered 1 through 6.

Therefore, Red 1, Red 2, Red 3, Red 4, Red 5, Red 6.

So the total number of cards is 8 + 6 = 14 cards.

So, there will be 14 possible outcomes if we choose a card randomly.

Describe the end behavior of the given function f(x)=2/3x-2

Answers

Answer:

The end behavior of f(x)=2/3x-2 is: as x->+ infinity, f(x)->+ infinity

as x->- infinity, f(x)->- infinity

Step-by-step explanation:

When you are asked about the end behavior of a function, look to see where the function is traveling on the graph. For instance, this graph is linear, so you should look to see if the slope is positive or negative. This linear function is positive, so as x is reaching positive infinity the f(x) would also be reaching positive infinity. As x is reaching negative infinity, f(x) would also be reaching negative infinity. The end behavior of a function describes the trend of the graph on the left and right side of the x- axis. (As x approaches negative infinity and as x approaches positive infinity).  

Find the solution(s) to (x-3)^2=49. Check all that apply
A. x=-10
B. x=-4
C. x=7
D. x=-7
E. x=10

Answers

Answer:

B. x = -4

E. x = 10

Step-by-step explanation:

[tex](x-3)^2=49 \\ \\ x - 3 = \pm \sqrt{49} \\ \\ x - 3 = \pm 7 \\ \\ x = 3 \pm 7 \\ \\ x = 3 + 7, \: \: x = 3 - 7, \\ \\ x = 10, \: \: x = - 4[/tex]

1. Is 5(x+1) the same as 5x+1? Explain your
answer.

2. Write the expression one other way.

Answers

Answer:

Step-by-step explanation:

5(x+1), when expanded, becomes 5x + 5, which is ot the same as 5x + 1.

Given: a || b; c || d
a) List all angles congruent to angle 3._____________________
b) If m∠ 2 = 53º, then m∠ 12 = ______ and m∠ 8 = ______.
c) m∠ 4 + m∠ 12 + m∠ 13 + m∠ 6 = _________.

Answers

Answer:

c

Step-by-step explanation:

create a story problem for 2/3 x 2/4

Answers

Answer: Harry had 2/3 of a pie he got from his friend. He wanted to split half of it with his sister. What fraction of the cake does Harry have.

A story problem for 2/3 x 2/4 is,

Milson have 2/3 gallons of water and He wanted to split half of it with his brother. What fraction of the cake does Harry have.

We have to given that,

Create a story for 2/3 x 2/4.

We can write a story problem for 2/3 x 2/4 as,

Milson have 2/3 gallons of water and He wanted to split half of it with his brother. What fraction of the cake does Harry have.

Which can be solve as,

⇒ 2/3 x 1/2

⇒ 1/3

Here, expression is,

⇒ 2/3 x 2/4

⇒ 1/3

Therefore, A story problem for 2/3 x 2/4 is,

Milson have 2/3 gallons of water and He wanted to split half of it with his brother. What fraction of the cake does Harry have.

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