Jill Barley obtained a 25-year, $60,000.00 mortgage loan from University
Savings and Loan Association. The interest rate is 6 percent. The monthly
payment is $386.40. For the first payment, what is the interest? What is the
payment to principal? What is the new balance?

Answers

Answer 1

Answer:

a. Interest = $300

b. Payment to principal = $86.40

c. New balance = $‭59,913.6‬0

Step-by-step explanation:

The monthly payment has both an interest component and a principal repayment component.

The interest component is based on the total principal still due at the time and the principal repayment component will be the rest of the payment.

As the interest is listed in annual terms, it needs to be made a monthly rate:

= 6%/12 months

= 0.5%

Interest = 60,000 * 0.5%

= $300

Payment to principal = 386.40 - 300

= $86.40

New balance = Amount due - payment to principal

= 60,000 - 86.40

= $‭59,913.6‬0


Related Questions

Stan drove 90 miles in 2 hours at that rate how long will it take hime to drive 270 miles

Answers

Answer:

6 hours

Step-by-step explanation: I passed 5th grade and know my multiplication

lol should be around 6 hrs because if u add 90 to the previous answer it would equally 180 so that would be plus 2 hrs and the add another 90 miles that would be 270 and that would equal 6 hrs

9x – 7 = 9x + h
What dose h equal to

Answers

Answer:

h= -7

hope this helps!!:)

Step-by-step explanation:

Answer: h= -7

Step-by-step explanation:

ILL MAKE BRAINLEST YOUR GONNA HAVE TO ZOOM IN BUT AM I RIGHT

Answers

Yes you are right good luck
I zoomed and I still can’t see sorry

f(x) = 2x^2-10x+13
Find f(-4)

Answers

Answer:

85

Step-by-step explanation:

2(-4)^2=32

-10(-4)=40

32+40+13=85

can someone help pleaseee its due soon

Answers

Answer:is a rectangle

Step-by-step explanation:

Answer:

rectangle

Step-by-step explanation:

Please help I don’t know what the answer is

Answers

Answer:

its C

Step-by-step explanation:

To figure out a special number, Tammi’s mother was supposed to double her age and then add 4. Instead, Tammi’s mother added 4 to her age and then doubled that number. Tammi’s mother thought the special number was 80. What was the special number supposed to be?

Answers

Answer:

Step-by-step explanation:

36 plus 4 x 2 = 80 what her mom got but it’s 76 because 36x2 is 72 and 72 plus 4 is 76.

help me with this please :)

Answers

Answer:

Parenthesis

Exponents

Multiplication and Division

Addition and Subtraction

Hope this helps!

Here’s a way to remember it: PEMDAS !! So,
1. Parenthesis and other grouping symbols from the inside out
2. Exponents
3. Multiplication and Division from left to right
4. Addition and Subtraction from left to right

The ratio of the perimeter of the rectangle ABCD to the perimeter of rectangle EFGH is 4:7. The value of x is

Answers

Answer:

x = ~8.76

Step-by-step explanation:

Since we know that the scale factor is 4:7, we can figure that 5 will be 4/7 the size of x.

4/7 = 0.571

5 / 0.571 = ~8.76

Find the point slope form for the line with slope 1/5 and paying through the point -8,-5find the point slope form for the line with slope 1/5 and paying through the point -8,-5

Answers

Y=1/5x- 17/5
Plug in numbers and solve

Solve 4k−16
the solution is __



2. graph the solution.

Answers

Root:(4,0 )
Domain:k€ℝ
Range:y€ℝ
Vertical intercept : (0,-16)

A zoo has 24 monkeys and 9 Lions. What is the ratio of lions to monkeys in simplest form
A. 25/9
B 9/24
C 3/8
D 8/3​

Answers

Answer:

3/8

Step-by-step explanation:

because you have to divide 24 and 9 by 3 then it but lions before monkeys

A. 25:9 25 monkeys and 9 lions

Lix wants to by a shirt for $25. What is the total cost with a 4.1% sales tax? Round to NEAREST CENT.

Answers

Answer:

about $26.00

Step-by-step explanation:

$25/100 = 0.25 for 1%

1% times 4.1 = 1.025 in sales tax

plus 25 equals 26.025

round to the nearest cent = $26.00

help me again pleaseee

Answers

Answer:

a). x = 10.20 in

b). x = 2.24

Step-by-step explanation:

a). By applying Pythagoras theorem in the given right angle,

    (Hypotenuse)² = (Leg 1)² + (Leg 2)²

    (15)² = x² + (11)²

     225 = x² + 121

     x² = 225 - 121

     x² = 104

     x = √104

     x = 10.198 ≈ 10.20 in

b). By applying Pythagoras theorem,

    (3x)² = (2x)² + (5)²

     9x² = 4x² + 25

     9x² - 4x² = 25

     5x² = 25

      x² = 5

    x = √5 = 2.24

Whats cubed square mean?

Answers

It pretty much looks like an exponent at the end of an answer but it’s always a 3.

can someone help please?

Answers

9514 1404 393

Answer:

  0

Step-by-step explanation:

The expression ...

  [tex]f^{-1}(1)[/tex]

can be read as "the value of x that makes f(x) = 1".

We can read that value from the graph. It is the y-intercept of the function f(x):

  (0, 1)

The value of x that makes f(x) = 1 is 0. That is, f(0) = 1.

  [tex]\boxed{f^{-1}(1)=0}[/tex]

MARKING PEOPLE AS BRAINLIST ONLT ANSWER IF U KNOW

Answers

Answer:

ITS B

Step-by-step explanation:

The answer is B, that is your answer

The sales tax on a sofa that that costs $575 was $43.13. What was the percent sales tax? (Sales tax in $ is given; Price is given; Calculate tax in%) Need to show work by writing formula, substitute numbers, rewrite correct answer with right unit (like $ or % etc)

Answers

change/original price x 100

43.13/575 = 0.07500869 X 100 = 7.5%

Multiply. Express your answer as a fraction in
simplest form.
833 x 144

Answers

It can not be express as a fraction 99.96x

Answer:

100

Step-by-step explanation:

got it right on edg

(04.03 LC) Identify the domain of the exponential function shown in the following graph: (2 points) 5 4 2 TI y = 10 3 4 -5 -4 -3 -2 -1 all real numbers all positive numbers 1​

Answers

Answer:

The domain is all real number:

i.e.

[tex]-\infty \:<x<\infty \:[/tex]

Therefore,

[tex]\mathrm{Domain\:of\:}\:10^x\::\quad \begin{bmatrix}\mathrm{Solution:}\:&\:-\infty \:<x<\infty \\ \:\mathrm{Interval\:Notation:}&\:\left(-\infty \:,\:\infty \:\right)\end{bmatrix}[/tex]

Step-by-step explanation:

Given the function

y = 10ˣ

Determining the domain of the function y = 10ˣ :

We know that the domain of the function is the set of input or arguments for which the function is real and defined.  

In other words,

Domain refers to all the possible sets of input values on the x-axis.

From the graph, it is clear that the function has no undefine points nor domain constraints.

Thus, the domain is all real number:

i.e.

[tex]-\infty \:<x<\infty \:[/tex]

Therefore,

[tex]\mathrm{Domain\:of\:}\:10^x\::\quad \begin{bmatrix}\mathrm{Solution:}\:&\:-\infty \:<x<\infty \\ \:\mathrm{Interval\:Notation:}&\:\left(-\infty \:,\:\infty \:\right)\end{bmatrix}[/tex]

Answer:

The domain is all real numbers

Step-by-step explanation:

Does anyone knows how to do Algerba II I really need helppp!!! Can someone please help me

Answers

Answer:

I know algebra ll

i can help :D

Step-by-step explanation:

What do you need help with? I am immigrant so I have problems with academic English, but I can send photos with solutions my math is good enough.

I would appreciate help with this question ​

Answers

Answer:

the image won't load but i want to help maybe try editing it?

Which shows the distributive property?
A 5x + 2 = 2 + 5x
B 5(x + 2) = 5x + 10
C 5(x + 2) = 5(2 + x)
D 5x + 2 = 2 - 5x

Answers

Answer:

Step-by-step explanation:

It is C

The graph shows the total numbet of inches of snow that fell in a town in February over ten year period. What is the approximate probability that Year 11 will have more than 15 inches of snow?
A. 0.6
B. 5
C. 6
D. 0.25
Plz hurry

Answers

Answer:

0.6

Step-by-step explanation:

A landscaper needs to fill a path measuring 2 feet by 6 feet with patio stones.
The patio stones are ench 1 foot by 2 feet, so the landscaper calculates that she
will need 6 of them,
Before arranging the patio stones, the landscaper wants to look at all of her
options. She cannot cut or overlap the stones, and they all must fit inside the
path area without any gaps. Two possible arrangements of the stones are shown
below. How many different arrangements are there in total?

Answers

Answer:

28

Step-by-step explanation:

You can have 8 1x2 verical in a row,

7 with two horizontals stacked on top of each other.

9 with 4 horizontal tiles,

10 with 6 horizontal tiles,

1 8 horizontal tiles set,

1+7+1+9+10=28

Pls help I have 5 minutes left :(

Answers

Answer:

B

Step-by-step explanation:

the way to find the answer is the number/total

number is 8 cuz there are 8 orange balloons

total is 22+7+8+13=50

therefore 8/50 = 4/25

Please tell me how to solve for x and y for these

Answers

Answer:

multiply 60×5 and get your answer for x then divide x by 5 and get why

You multiply the numbers and then divide and you’ll get your answer

May someone please help me? This is due today and I'm confused.​

Answers

Answer:

2(x - 8) = 2x - 16

2(-8) + x + x = -16 + 2x or 2x - 16

2(3x + 2) = 6x + 4

6x - 2(2x + 8) = 2x + 8

-2(-3x - 2) = 6x + 4

-2(-x + 8) = 2x + 16

-14 + 3 + 2(9) + 3x = 7 + 3x

2x + 2(2x + 2) = 6x + 2

Step-by-step explanation:

I hope this helps!

Answer:

#1 = 2x-16

#2=2(-8+x)

#3 i don't know

#4= 2(x-8)

#5=6x+4

#6=2x-16

#7=7+3x

#8=2(3x+2)

please lemme know if its correct

Staci pays $32.70 for 5 cell phone cases. Each case costs the same amount.
How much does each case cost? Enter your answer in the box.

Answers

each case cost $6.54

.BAKSHWOSJASHAIAJHSUAISHA

Answers

i agree with this statement completely sign me up

Fantastic I love it great question!
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