Will is buying a house for $185,000. He is financing $165,000 and obtained a 30-year, fixed-rate mortgage with a 6.725% interest rate. How much are his monthly payments? (2 points)

Answers

Answer 1
Answer:  $1067.45

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

Work Shown:

L = 165000 = loan amount or amount financed

r = 0.06725  = annual interest rate in decimal form

i = r/12 = 0.06725/12 = 0.005604167

i = 0.005604167 = approximate monthly interest rate in decimal form

n = number of months = 30*12 = 360 months

P = unknown monthly payment

--------------

Apply the monthly payment formula

P = (L*i)/( 1-(1+i)^(-n) )

P = (165000*0.005604167)/(1-(1+0.005604167)^(-360))

P = 1067.44636311118

P = 1067.45


Related Questions

A grandparent deposits $3,000 each year into an annuity that pays 8% interest. Find
the future value at the end of 10 years.

Answers

4590 because I honk the teacher o

If the perimeter of the triangle is 60, what is the value of y?

Answers

Answer:

y = 5

Step-by-step explanation:

Given:

In the right triangle the hypotenuse is 5y, one leg is 4y, the other leg is missing

Missing side of the triangle is:

√(5y)² - (4y)² = √(3y)² =3y

Perimeter is 60:

3y + 4y + 5y = 6012y = 60y = 60/12y = 5

Can anyone please help me with these questions 2. a-b 3. a-b 4. a-b and number 5?

Answers

9514 1404 393

Answer:

  2a. 0.7, 0.3, -0.1, -0.5, -0.9

  2b. 1, 3, 9, 27, 81

  3a. geometric; r = 1/5

  3b. arithmetic; d = -9

  4. 234

  5. 1/32

Step-by-step explanation:

2a. Start with the first term and add the common difference to get the next term.

  0.7

  0.7 -0.4 = 0.3

  0.3 -0.4 = -0.1

  -0.1 -0.4 = -0.5

  -0.5 -0.4 = -0.9

The first 5 terms are 0.7, 0.3, -0.1, -0.5, -0.9.

__

2b. Start with the first term and multiply by the common ratio to get the next term.

The first 5 terms are 1, 3, 9, 27, 81.

__

3a. Obviously, the difference between 40 and 8 is not the same as the difference between 8 and 1.6. So, we look to see if the ratios are the same. They are:

  8/40 = 1.6/8 = 1/5

This is a geometric sequence with a common ratio of 1/5.

__

3b. If the sign changes, but does not alternate, it cannot be a geometric sequence. The common difference is ...

  -5 -4 = -14 -(-5) = -9

This is an arithmetic sequence with a common difference of -9.

__

4. Use n=50 and evaluate.

  [tex]a_{50}=-11+5(50-1)=\boxed{234}[/tex]

__

5. Use n=7 and evaluate.

  [tex]g_7=2\cdot\left(\dfrac{1}{2}\right)^{7-1}=\dfrac{2}{2^6}=\dfrac{1}{2^5}=\boxed{\dfrac{1}{32}}[/tex]

The triangles on the grid below represent a translation.

On a coordinate plane, triangle A B C is shifted 5 units to the right and 3 units up to form triangle A prime B prime C prime.

To form the image, the pre-image moved
five units right and three units up.
two units right and three units up.
five units left and three units down.
two units left and three units down

Answers

Answer:

B

Step-by-step explanation:

did it on edge

Answer:

A. five units right and three units up.

Step-by-step explanation:

full answer = To form the image, the image moved

five units right and three units up.

A farmer buys several gallons.g. of
fertilizer for $8.25 each and an
irrigation unit for $65. He spends a
total of $683.75. Determine the
number of gallons of fertilizer the
farmer bought

Answers

Answer:
Step-by-step explanation:
8.25(g)+65=683.75

Write the following expression in word form: 4,568.050

Answers

Answer:

four thousand five hundred and sixty eight and fifty hundredths

Step-by-step explanation:

Answer:

four thousand five hundred sixty -eight, and fifty Hundredths

Step-by-step explanation:

You buy five books that are equal in
price and a DVD for $8. Your total
comes to $26.50. Write an equation
that would help you determine the cost
of one book.
( Hint it’s not 3.70!)
Please help!

Answers

If it’s not $3.70, maybe it’s looking for the equation instead like b = (26.50 - 8)/5?

How will the solution of the system y > 2x + Two-thirds and y 2x + One-third?

Sample Response: There is no solution to the system in its original form. There are no points in common. If the signs are reversed, the system has an intersection with an infinite number of solutions.

What did you include in your response? Check all that apply.

The shaded area would reverse on both inequalities.
The graphs do not overlap until the signs are reversed.
There are an infinite number of solutions in the system once the signs are reversed.
There are no solutions before they are reversed.

Answers

It would be the shaded area solution
Then response
Then inequalities
Then reverse
Include in your response
Dbgt
2x+ 1/3
Dont shade intop
Put shaded on bottom
Put grilled cheesy ontop number
Then fraction t
Then the patty the solution
Then another shaded graph on top
The perfect marh sanwhich
Explanation
Nate robinson challenge

Answer:

all of them.

Step-by-step explanation:

Hope this helps!

<3

~nxmbus

UUUUUUUUUUUUUUUUUUUUUU

Answers

-3>-4 because the number line shows it going to the right side which means the number is bigger then -4 so the only bigger answer is -3 and is correct

Answer:

B. -3 > -4

Step-by-step explanation:

have a nice day!!

Can someone PLEASE HELLPP MEE

Answers

for x=-4, y=17. for x=-2, y=11. for x=0, y=5. for x=2, y=-1.

PLEASE HELP ME!! IM TAKING A FINAL AND HATE THESE TYPE OF QUESTIONS!! PLS HELP.

Answers

Answer:

B.

Step-by-step explanation:

Answer:

the answer is A because none of the x-values or y-values repeat

Step-by-step explanation:

will give brainlist
assignment name: solving triangles​

Answers

Answer:

the answer is 66

Step-by-step explanation:

Solve the following quadratic by completing the square. (Hint: It won't factor) x2-10x+5=0

Answers

[tex]5+2\sqrt{5} , 5-2\sqrt{5}[/tex]    Answer:   5±2[tex]\sqrt{5}[/tex]

Step-by-step explanation:

x2 -10x=5=0

x2-10x+25=-5+25

(x-5)(x-5)=20

[tex](x-5)^{2} =\sqrt{20}[/tex]

[tex]\sqrt{x-5}=\sqrt{20}[/tex]

x-5=±[tex]\sqrt{20[/tex]

x=5±[tex]\sqrt{5*4[/tex]

x=5±2[tex]\sqrt{5}[/tex]

Write 35/3 as a mixed number.

Answers

Answer:

Answer is 11⅔

Step-by-step explanation:

if want convert improper fraction into mixed number you have divide numerator by denominator

35÷3=11 remainder 2

plzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Answers

Answer:

5

Step-by-step explanation:

g(c)=19−c^2

What is g(4)?

Enter your answer in the box.

Answers

Answer:

g(4)=3

Step-by-step explanation:

Answer:

g = 19

Step-by-step explanation:

Help! What are the answers?!! I'll give a brainlist.​

Answers

1) D
2) A
3) C
4) B
5) A
6) D

Help and I’ll give brainlest answer

Answers


The answer is -88

When you multiply and then divide

EASY i just don’t know how to do it pls help

Answers

Answer:

k

Step-by-step explanation:

Need a quick answer please

Answers

Answer:

X=22

Step-by-step explanation:

All the angles in every triangle must add up to 180 so we can subtract 23 and 135 from 180 to get 22.

Answer:

x=22

z=135

y=23

Step-by-step explanation:

First, start with x in the picture. All angles in a triangle add up to 180 degrees. So, add 135+23 and then subtract that from 180.

135+23=158

180-158 = 22 degrees

Angle z is congruent to the larger angle on the other triangle. So, that means z=135.

Angle y is equal to the angle across from it. Y=23

Pls solve this...need help thanks :)​

Answers

Step-by-step explanation:

2² * 3 * 5 = 4 * 3 * 5 = 60.

3² * 5² = 9 * 25 = 225.

Answer:

A) 60

B) 225

Step-by-step explanation:

A) The factorization of a number is finding the factors that, when multiplied together, form the original number. As an example, one instance of the factorization of 24 would be 6 and 4, since 6 × 4 = 24.

The prime factorization of a number is finding the factors of a number and restricting them to only include primes, which are numbers with no other factors except themselves and 1.

Hence, all you have to do for A) is to multiply all the factors together, which is [tex]2^{2} \cdot 3 \cdot 5[/tex], which equates to 60.

B) Since this three-digit number has 5 as a prime factor, it has to end in a 5 or 0. This narrows our search hugely.

Accounting for the fact it has a 3 as a prime factor, the number has 3 × 5 = 15 as a factor. This yet again narrows our search hugely.

Finally, to find the square number, there is actually a really simple way of doing this; simply square 15 to get 225. We can confirm this is a square number because we squared 15 to get that number; hence, 225 is an answer.

Hope this helped!

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Answers

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Fitzpatrick

Daisy went deep sea diving. She makes the first stop in her descent at 25 meters below the surface of the water. From that point she dives down further, stopping every 5 meters. If she makes 3 additional stops, which number represents her position, relative to the surface of the water?

Answers

Answer:

-45 M

Step-by-step explanation:

The surface of the water is at 0 m. Heights above the surface are positive and depths below the surface are negative.

IF THIS NOT HELP TELL ME AND IL TRY AGAIN!!!

Which number line shows the points −125 and –2.8?

Answers

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Answers

A variable is a letter in place of a number which you will later have to substitute

Solve algebraically for x:
3600 + 1.02x < 2000 + 1.04x

Answers

Answer:

Let's solve your inequality step-by-step.

3600+1.02x<2000+1.04x

Step 1: Simplify both sides of the inequality.

1.02x+3600<1.04x+2000

Step 2: Subtract 1.04x from both sides.

1.02x+3600−1.04x<1.04x+2000−1.04x

−0.02x+3600<2000

Step 3: Subtract 3600 from both sides.

−0.02x+3600−3600<2000−3600

−0.02x<−1600

Step 4: Divide both sides by -0.02.

−0.02x

−0.02

<

−1600

−0.02

x>80000

Step-by-step explanation:

Solve using the quadratic formula x^2-12x+5=0

Answers

Answer:

x=6+[tex]\sqrt{x}[/tex]31

pls help how do u do this???

Answers

Answer:

well well well

Step-by-step explanation:

free points

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Answers

Answer

desktop for 1st because it sold less computers and made more money.

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Step-by-step explanation:




your meal at the school cafeteria costs $3.45. Your friends meal costs $3.90. you pay for both meals with a $10bill. How much change do you receive? show your work​

Answers

Answer:

You pay for both 10-(3.45+3.90)= 2.65

Answer:

well for me

Step-by-step explanation:

3.45+3.90=7.35

10-7.35

2.65

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