Find the monthly house payments necessary to amortize each loan. Then calculate the total payments and the total amount of interest paid. $175,000 at 6.24% for 30 years. Can anyone show how to set up this problem?

Answers

Answer 1

Answer:

Monthly payment= $1,076.37

Step-by-step explanation:

Giving the following information:

$175,000 at 6.24% for 30 years.

First, we need to calculate the future value of the loan. We need to use the following formula:

FV= PV*(1+i)^n

PV= 175,000

n= 12*30= 360 months

i= 0.0624/12= 0.0052

FV= 175,000*(1.0052^360)

FV= $1,132,220

Total interest= 1,132,220 - 175,000= $957,220

Now, we can calculate the monthly payment:

Monthly payment= (FV*i)/{[(1+i)^n]-1}

Monthly payment= (1,132,220*0.0052) / [(1.0052^360) - 1]

Monthly payment= $1,076.37


Related Questions

please solve this ..​

Answers

Answer:

3×81^x=9^{x+4}

since power of no is multiplied to its remaining power

3×3^4x=3^2{x+4}

if there is like terms then power is added

3^{1+4x}=3^{2x+8}

if there is like terms then power can be compared

so{1+4x}={2x+8}

1+4x=2x+8

4x-2x=8-1

2x=7

x=7/2 is your answer

The diameter of a circle is 18 m. Find its circumference in terms of \piπ.

Answers

Answer:

18π

Step-by-step explanation:

Hiiiooo! Can someone please help me out❤️ Much love❤️❤️

Answers

the segment opposite is AC

Answer:

ac is the opposite of cb or bc

28.In the year 2006, the number of malaria patients admitted in the hospital of a state was 4375. Every year this number decreases by 8%. Find the number of patients in the year 2008?

Answers

Answer:number of patients in the year 2008 =3,703 Patients.

Step-by-step explanation:

Number of malaria patients admitted in the hospital of a state in 2006= 4375.

Number of malaria patients admitted in the hospital of a state in 2007 if there was Decrease by 8% in 2007

=  8% x 4375 =350

     4375-350=4,025 patients

Number of malaria patients admitted in the hospital of a state in 2008 since  there was Decrease by 8% in 2008

8% x  4,025.= 322

4,025-322=3,703 Patients.


LN
and
OQ
are parallel lines.


Which angles are corresponding angles?

Answers

well it depends on which one you are talking about fb or dc

PLEASE PLEASE PLEASE HELP I AM IN NEED OF AN ANSWER !!!!1 I CAN'T FAIL MATH CLASS BRO T_T I WILL PICK THE BRANLIEST IF U GET IT RIGHT AND QUICK PLZ PLZ PLZZZZ
Match each inequality with its graph.

|x|>3
|x|<3

Answers

Answer:

|x|>3

Step-by-step explanation:

Thanks for da points hope ya pass yur class

6) You go to dinner with some
friends. Your total bill was $56.32.
You have a coupon for 15%. How
much is your total cost if you leave
a 20% tip?

Answers

Answer:

$57.44

Step-by-step explanation:

1. subtract 15% from the bill with coupon:

$56.32 - ($56.32 x 0.15) = $47.87

2. add 20% to this new bill:

$47.87+(47.87 x 0.20) = $57.44

Question 4.

Solve 3y – 2 > 5

Answers

Answer:

[tex]y>\frac{7}{3}[/tex]

Step-by-step explanation:

Solving an inequality is a lot like solving an equation, one uses inverse operations. The major difference between solving an inequality and an equation is that when one multiplies or divides by a negative number, then one must remember to flip the inequality sign, such a rule doesn't come into play in this case.

3y - 2 > 5

Inverse operations,

3y - 2 > 5

     +2    +2

3y > 7

/3   /3

[tex]y>\frac{7}{3}[/tex]


Ms. Sherwood surveyed 250 people,
how many people chose black as their
favorite car color?

Answers

Answer:

should be 70!!!!!!!!!!!!!!

Answer: 70 people

Step-by-step explanation:

28% of 250 is 70

PLEASE HELP ILL MARK BRAINLIEST

Simplify the expression.
(a + 2b)3 – 3a

Answers

Answer:

The answer is 6b

Step-by-step explanation:

1) Regroup terms.

[tex]3(a + 2b) - 3a[/tex]

2) Expand by distributing terms.

[tex]3a + 6b - 3a[/tex]

3) Collect like terms .

[tex](3a + 3a) + 6b[/tex]

4) Simplify.

[tex]6b[/tex]

Therefor, the answer is 6b.

Yellowstone Middle School has 928 students. Teresa surveys a random sample of 24
students and finds that 6 are taking art. How many students at the school are likely to be
taking art?

Answers

Answer:

232 Students are Taking Art

Step-by-step explanation:

First, you multiply 6 times 928, which you should get 5,568. Then, divide that by 24, getting 232. I hope this helps :)

I think it’s 232 sorry if I’m wrong

Help I don’t get it..

Answers

Answer:

Step-by-step explanation:

the shape looks like a cube.. and maybe they say something about that outside of the picture, even but assuming that it is a cube, we know all the sides are the same.

we also know that the area of one side of the cube is  3 [tex]\frac{1}{4}[/tex]

so multiply that  

W x L = area

 3 [tex]\frac{1}{4}[/tex] * 3 [tex]\frac{1}{4}[/tex] = area

10 [tex]\frac{9}{16}[/tex]  = area

10.5625 = area

those two answer above are the same .. just one is in fractions and one is in decimals

there are 6 sides on a cube, so multiply the above answer by 6

6* answer = 63.375

63 [tex]\frac{3}{8}[/tex]  ( this is your answer)

both of those are also identical , but look different for the reasons I mentioned above

use which ever from seems better to you.  :)

The ratio to dogs to cat in a pet store is 5:2. The ratio of cats to rabbits in the pet store is 2:1. If there are 3 rabbits in the pet store, how many more dogs are there than rabbits?

Answers

Answer:

4

Step-by-step explanation:

help???????????????????????

Answers

Should be D Yw btw wwwww

Answer:

C

Step-by-step explanation:

What are the coordinates if (-5,-6) is rotated by 180?

25 pts?

Answers

Answer:

(5,6)

Step-by-step explanation:

 Initial Coordinate   rotated 180°   is just a sign change    new coordinate

coordinate (x, y)       rotated 180°   is just a sign change     (-x, -y)

if                 (-x, y)      rotated 180°   is just a sign change     (x, -y)

if                 (x, -y)      rotated 180°   is just a sign change     (-x, y)

if                 (-x, -y)      rotated 180°   is just a sign change    (x, y)

If the cost of 40 pens is Rs 600 , what is the amount required to purchase 4 dozen of pens​

Answers

Answer:

Rs 720.

Step-by-step explanation:

4 dozen = 48 pencils.

By proportion 48 pencils cost

(48/40) * 600

= 6/5 * 600

= Rs 720.

I NEED HELP WITH MATH CAN ANYONE HELP!!!

Answers

Answer:

ummmmmmmmmm I can try c:

Answer:

YES MAM , WHAT SEEMS TO BE THE PROBLEM < BECAUSE I DONT SEE ONE

Step-by-step explanation:

What is the lateral area of this regular octagonal pyramid?

A. 114.8 cm²

B. 162.4 cm²

C. 229.7 cm²

D. 281.3 cm²

Answers

Answer:

229.7

Step-by-step explanation:

8 * 1/2 * 5.8 * 7 * sqrt(2.)

The answer is 229.7 cm²

Helppp with part (b) will mark brainlest!!!!

Answers

Answer:

Option 6

Step-by-step explanation:

we note the coordinates as follow

(x,y)-> (x,y)

but here the y position has come in front in the coordinates of image and its sign also changes.

The x coordinate has moved behind in place of y and its sign remains the same.

Tom's hair was originally 4 inches long. He asked her hairdresser to cut 1 ⁄3of it off. How many inches did he have cut off?

Answers

Answer:

About 3.67

Step-by-step explanation:

1 - 1/3 = 3.66666666667

And 3.66666666667 ≈ 3.67

Use the graph to write a linear function that relates y to x.

A line graphed on a coordinate plane. The line passes through the points at ordered pair negative 2 commas 0 and ordered pair 0 comma negative 1.

Answers

Answer: y = -0.5*x - 1

Step-by-step explanation:

A linear relationship can be written as:

y = a*x + b

where a is the slope and b is the y-axis intercept.

For a line that passes through the points (x1, y1) and (x2, y2), the slope can be written as:

a = (y2 - y1)/(x2 - x1).

Here we know that we have a line that passes through the points (-2, 0) and (0, -1)

Then the slope for this line is:

a = (-1 -0)/(0 - (-2)) = -1/2 = -0.5

Then our line is something like:

y = -0.5*x + b

now we know that this line passes trough the point (0, -1), this means that when x = 0, y must be equal to -1

Then we can replace these values in the equation in order to find the value of b.

-1 = -0.5*0 + b

-1 = b

Then the equation is:

y = -0.5*x - 1

Alex is buying a sweater that originally costs $35 and a pair of jeans that originally cost $28. If the sweater is marked down 30% and the jeans are marked down 15%, find the total cost, including 8% sales tax.

Answers

Answer:

$63 when you add them both together. I don't know how to do the other part, but I know you should find the percenatge. The first is to multiply 63 * 100/1

Step-by-step explanation:

Answer:

52.164

rounded it is equal too 52.16

Can someone help me

Answers

Answer:

Step-by-step explanation:

The measure of an angle is 15 more than twice its supplement. Find the measure of the angle.

Please include an explanation if you could! :)

Answers

9514 1404 393

Answer:

  125°

Step-by-step explanation:

Let x represent the angle in degrees. Its supplement is (180-x) degrees. The given relation is ...

  x = 15 +2(180-x)

  x = 375 -2x . . . . simplify

  3x = 375 . . . . . . add 2x

  x = 125 . . . . . . . divide by 3

The measure of the angle is 125°.

What’s the answer please

Answers

Answer:

(дано

m=40kg

M=20m/s

g=0m/s/s

дано дальше не знаю

HELP PLS ITS ALL ONE QUESTION JUST PLSS HELP FOR EXTRA POINTS AND BRAINLEST!

Answers

Answer:

Section A - Ella left school

Section B - Ella climbed a steep hill

Section C - Ella stopped at a friends house

Section D - Ella walked quickly until she go home

x^2-6x=b, make x the subject

Answers

Answer:

x =  3 ±√(b + 9).

Step-by-step explanation:

We use Completing the Square:

x^2 - 6x = b

(x - 3)^2 - 9 = b

(x - 3)^2 = b + 9    Taking square roots of both sides:

x - 3 = ±√(b + 9)

x =  3 ±√(b + 9).

Help a little eeeeeeeeeee

Answers

0.8 or 4/5
Both are correct, but in different form.

Your welcome.

The equation below describes a proportional relationship between x and y. What is the constant of proportionality?
y= 3/8x

The constant of proportionality is ___. ​

Answers

Answer:

y= 7/3

Step-by-step explanation:

Which values are solutions to the inequality below?
Check all that apply.
X < 9 HELPPP MEEE PLSSS

Answers

Answer:

is 5 i hope it helps

Step-by-step explanation:

okay remember that this < stand for less numbers

Answer:

80, 75

Step-by-step explanation:

[tex]\sqrt{x}[/tex] < 9

x < 9²

x < 81

Thus, 8 is lesser than 81. 80 and 75 are the only numbers lesser than 81 so they are the answer.

Other Questions
helps pls :-/number 12any help is greatly appreciated! Sra bought a pair of shoes that were on sale for 30 percent off. If the oringal prices was 29 what is the sale price on the shoes? What is the main feature that distinguishes Bacteria cells from cells of other organisms in other kingdoms? Who were some of the famous patriots involved in the First Continental Congress? What is the concentration of a 500 mL solution with 25 mol of HF? Write your answer with TWO decimal places and round accordingly. ______M Describe the reasons New England was ideal for the development of factories.Thank you !! :-) have a lovely day! 1. Which is NOT a characteristic of animalsa) heterotrophicb) contain eukaryotic cellsc) contain cell wallsd) mobility 2. All of the following are characteristics of mammals except mammals are not ___.a) endothermic b)exothermicc)vertebrates d)heterotrophs The sum of the measures of the angles of a triangle is 180. The sum of the measures of the second and third angles is two times the measure of the first angle. The third angle is 14 more than the second. Let x, y, and z represent the measures of the first, second, and third angles, respectively. Find the measures of the three angles. solve 2x = 1/321/55-5 Most clouds form as ______ air rises in the atmosphere?a. Coldb. Dryc. Pollutedd. Warme. All of the above Find the commonratio of the geometric sequence 1, -3, 9, -27, 81, ...? Ganesh is an elephant-headed god who removes obstacles True or False HELP PLEASEEE, Answer choices: VWWXXYYZ 1. When identifying the factors of production, the term ______may also be used to refer tolabor (7t^5 ) (2t^3 ) simplify At a college, the tuition increased by 10%. Let b be the former cost of tuition. Use the expression b + 1.10b for the new cost of tuition. Write an equivalent expression by combining like terms Which of the following is true of the electoral college? (SS.7.C.2.7) Group of answer choices:a Every state is given an equal number of electoral votesb It ultimately does not matter because it is the popular vote that determines who becomes Presidentc It is how we choose Supreme Court Justicesd It makes it possible for the candidate who wins the popular vote to lose the election What is the distance between the two points shown? cellusSolve for x.x = [?]2x + 1 4x - 19Enter 10 points41Which statement best describes how a vaccination can help protectthe body against disease?Vaccines directly kill the pathogen that causes the disease,Vaccines act as a medicine that cures the diseaseVaccines cause the production of specific molecules that will react with and destroycertain moleculesVaccines contain white blood cells that engulf harmful germs and prevent them fromspreadin throughout the bodyg