Consider the following loan. Complete parts (a)-(c) below
An individual borrowed $88,000 at an APR of 6%, which will be paid off with monthly payments of $667 for 18 years.
a. Identify the amount borrowed, the annual interest rate, the number of payments per year, the loan term, and the payment amount.
The amount borrowed is $, the annual interest rate is%, the number of payments per year is the loan term is years, and the payment amount is $

Answers

Answer 1

The complete statements are mathematically given as

the amount borrowed= 88000the annual interest rate= 6%the number of payments per year= 12The loan term= 18the payment amount.=8004

What is the amount borrowed, the annual interest rate, the number of payments per year, the loan term, and the payment amount.?

Generally,  The transfer of money, products, or services in return for other goods and services in proportions that have been previously agreed upon and deemed acceptable is what is meant by the term "payment."

In conclusion, the amount borrowed= 88000

the annual interest rate= 6%

the number of payments per year= 12

The loan term= 18

the payment amount.=667*12

the payment amount.=8004

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Related Questions

DJ Erin is making a playlist for work; he is trying to decide what 10 songs to play and in what order they should be played.

Step 2 of 2 : If he has his choices narrowed down to 3 country, 6 pop, 7 disco, and 3 hip-hop songs, and he wants to play all 7 disco songs, how many different playlists are possible? Express your answer in scientific notation rounding to the hundredths place.

Answers

Using the combination and the arrangements formula, it is found that the number of possible playlists is given by:

[tex]7.98 \times 10^8[/tex]

What is the combination formula?

[tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by:

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

In this problem, we have that:

7 disco songs are taken from a set of 7.3 remaining songs are taken from a set of 3 + 6 + 3 = 12 songs.

Hence, without considering the order, the number of playlists is given by:

[tex]C_{7,7}C_{12,3} = \frac{7!}{7!0!} \times \frac{12!}{3!9!} = 220[/tex]

What is the arrangements formula?

The number of possible arrangements of n elements is given by the factorial of n, that is:

[tex]A_n = n![/tex]

In this problem, the 10 musics are arranged, hence the number of playlists, considering the order, is given by:

[tex]n = 10! \times 220 = 798336000 = 7.98 \times 10^8[/tex]

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Suppose that an examination consists of 10 questions with the choice A, B, C, and D. Assume that a student has no knowledge of the subject matter. Then what is the probability that: Guessing at most two correct answers? Guessing at least seven correct answers? Which type of probability distribution it has? Why? average five smokers pass a crain traat B. C. Suppose that an examination consists of 10 questions with the choice A , B , C , and D. Assume that a student has no knowledge of the subject matter . Then what is the probability that : Guessing at most two correct answers ? Guessing at least seven correct answers ? Which type of probability distribution it has ? Why ? ​

Answers

The probability of getting two correct answers will be 0.0625.

How to calculate the probability?

The probability of getting two correct answers will be:

Probability of getting the correct answer will be:

= 1/4 = 0.25

The probability of getting two correct answers will be:

= 0.25 × 0.25

= 0.0625

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Flying against the wind, an airplane travels 2520 kilometers in 4 hours. Flying with the wind, the same plane travels 9450 kilometers in 9 hours. What is the rate of the plane in still air and what is the rate of the wind?

Answers

Using the relation between velocity, distance and time, it is found that:

The rate of the plane is of 840 km/h.The rate of the wind is of 210 km/h.

What is the relation between velocity, distance and time?

Velocity is distance divided by time, that is:

[tex]v = \frac{d}[t}[/tex]

Flying against the wind, an airplane travels 2520 kilometers in 4 hours, that is:

[tex]v - v_w = \frac{2520}{4}[/tex]

[tex]v - v_w = 630[/tex]

[tex]v = 630 + v_w[/tex]

Flying with the wind, the same plane travels 9450 kilometers in 9 hours, hence:

[tex]v + v_w = \frac{9450}{9}[/tex]

[tex]v + v_w = 1050[/tex]

[tex]v = 1050 - v_w[/tex]

Hence, solving for the wind's speed:

[tex]630 + v_w = 1050 - v_w[/tex]

[tex]2v_w = 420[/tex]

[tex]v_w = \frac{420}{2}[/tex]

[tex]v_w = 210[/tex]

For the plane, we have that:

v = 1050 - 210 = 840.

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Please help with the attached photo.

Answers

The solution to the equation r(1 - 2cosФ) = 1 is given as x² + y² - 4x√(x² + y²)  + 4x² = 1

What is an equation?

An equation is an expression that shows the relationship between two or more variables and numbers.

In polar form:

r = √(x² + y²) and cosФ = x / √(x² + y²)

Hence:

r(1 - 2cosФ) = 1

√(x² + y²) [1 - 2(x / √(x² + y²))] = 1

√(x² + y²) - 2x = 1

Take square of both sides:

x² + y² - 4x√(x² + y²)  + 4x² = 1

The solution to the equation r(1 - 2cosФ) = 1 is given as x² + y² - 4x√(x² + y²)  + 4x² = 1

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Consider figures 1 and 2 shown in the coordinate plane. Figure 1 has been transformed to produce figure 2.

Answers

Answer:

0 and -6

(0,-6)

Step-by-step explanation:

Can't really explain, but this is a guess on the actual question.

The volume of a cone of height 4cm is 48cm². Find the radius (take π=22/7)

Answers

Answer:

22

Step-by-step explanation:

Is easy just multiple

Find the area of the rectangle.
A rectangle is shown. The left side is labeled with the expression 8 x. The top side is labeled with the expression 7 x plus 1. (1 point)
15x + 1
56x2 + 8x
56x + 8
15x2 + 9x

Answers

Answer:

56x² + 8x

(second option listed)

Step-by-step explanation:

area: length × width

length: 7x + 1

width: 8x

(8x)(7x + 1)

{distribute 8x}:

(8x)(7x):  8x × 7x = 8 · 7 · x · x = 56 · x · x = 56x²

(8x)(1) = 8x

area = 56x² + 8x

so, the area of this rectangle is 56x² + 8x

Answer:

56x² + 8x

[answer B]

e:f=3:7
f:g=2:3
Work out e:g in simplest form

Answers

The value of e:g is 2:7.

what is Ratio?

A ratio indicates how many times one number contains another.

Given:

e:f=3:7

f:g=2:3

Now take LCM of 2 and 7 i.e., 14.

e/f= 3/7= 3*2/7*2= 6/14

and, f/g= 2/3= 2*7/3*7= 14/21

So,

e/g= e/f *f /g

     = 6/14*14/21

     = 6/21

e:g = 2:7

Hence, the value of e:g is 2:7.

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i needs a help please​

Answers

Answer:

Step-by-step explanation:

Givens

x intercept =

(1,0) (5,0)

The vertex is at 3, 4

The vertex is upside down.

Solution

(x - 1) and (x - 5) produce the two roots.

There must be 1 minus somewhere so that the quadratic goes upside down.

Answer

y = - (x -1)(x - 5)


[tex]4x {}^{2} + 20x + 25[/tex]
using appropriate identity factories the following​

Answers

[tex] \sf{\qquad\qquad\huge\underline{{\sf Answer}}} [/tex]

Let's Solve ~

[tex]\qquad \sf  \dashrightarrow \: 4 {x}^{2} + 20x + 25[/tex]

[tex]\qquad \sf  \dashrightarrow \: 4 {x}^{2} + 10x + 10x + 25[/tex]

[tex]\qquad \sf  \dashrightarrow \: 2x(2x + 5) + 5(2x + 5)[/tex]

[tex]\qquad \sf  \dashrightarrow \: (2x + 5) (2x + 5)[/tex]

[tex]\qquad \sf  \dashrightarrow \: (2x + 5) {}^{2} [/tex]

or

[tex] \sf{\qquad \sf  \dashrightarrow \: 4x² + 20x + 25 } [/tex]

[tex] \sf{\qquad \sf  \dashrightarrow \: (2x)² + (2 \sdot 2x \sdot 5) + (5)²} [/tex]

[ it's similar to expression - a² + 2ab + b² that is equal to (a + b)² ]

so, let's use this identity here to factorise :

[tex] \sf{\qquad \sf  \dashrightarrow \: (2x + 5)²} [/tex]

I hope it was helpful ~

A snowstorm started on
Tuesday at 2:12 P.M. and
ended on Wednesday at
5:46 A.M. How long did it snow in hours and minutes?

(A) 15 hours, 24 minutes
(B) 15 hours, 34 minutes
(C) 16 hours, 14 minutes
(D) 16 hours, 44 minutes

Answers

B) 15 hours, 34 minutes

2:12 + 15 hours = 5:12 A.M

5:12 + 34 minutes = 5:46 A.M

Answer is (B) 15 hr 34 minutes
Explanation
9hr 48 minutes to midnight plus
5 hr 46 minutes on Wednesday
_________
14 hr 94 minutes (simplify - less 60 minutes = 1hr )
15 hr 34 minutes

You must make 3 shots in a row to win the fairs basketball game. The hoop is uneven and the backboard curved. Only 5 players out of 100 win the game. What percentage of players do not win.

Answers

Answer:

95%

Step-by-step explanation:

5 player won, meaning 95 player didn't.

This means that 95% of the players didn't win.

s x – 5 a factor of the function f(x) = x3 – 5x2 + 7x – 35? Use the Remainder Theorem to justify your answer.

Answers

By using the remainder theorem we found that ( x - 5 ) is the factor of function  f(x) = x³ – 5x² + 7x – 35.

What is factorization?

Factorization is defined as splitting the polynomial into its most simplified form. This factor satisfies the polynomials from which it is extracted.

The factorization by using the Remainder theorem.

x - 5 )   x³ – 5x² + 7x – 35.( x ² + 7

             x³  -  5x²

             ______________

                00         7x - 35

                             7x - 35

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

                                     00

Here the function is completely divided by the factor x - 5 therefore

by using the remainder theorem we found that ( x - 5 ) is the factor of function  f(x) = x³ – 5x² + 7x – 35.

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simplify (8x2y3)/(2x4y)

Answers

Answer:

1) 8x/2x = 4

2) 2y/4y = 1/2

3) (4 x 1/2 x 3) = 6

4) /2

solutions= 6/2=3

A rectangular floor of area 21.6 m2 is going to be tiled. Each tile is rectangular, and has an area of 288 cm2. An exact number of tiles can be put into the space. How many tiles will be needed?

Answers

Answer:

Area of Floor = 21.6.m²

Area of tile = 288 cm² = 0.0288 m²

No. of tiles = Area of floor/ area of tile

= 21.6/0.0288

= 750

750 tiles can be put into the space

Phil Santos owns an independent mobile phone store. He has a wonderful personality, is very knowledge about the products he sells and people flock to his store. Phil would like to start selling online so he can reach more customers.

He's talked with website developers and the firm he decided to go with will charge him $9500 to build the site. Phil wondered why the site was so expensive and explored the idea of building it himself. He found out it's complicated to build a site that can take payments so he decided to be safe rather than sorry and have it built by experts. They also gave him an estimate of $5300 a year to maintain his site. This will allow him to update the site constantly and add new pictures and videos as new products and promotions are introduced over the course of the year.

A marketing research firm found that he should expect about 133 sales a month averaging about $290 profit per sale. Phil was thrilled with this news and decided to spend $15,000 to add a new room to his store to be used as a shipping area.

He also wanted to make his sales literature and in store promotional materials such as banners, and promotional give-a-ways consistent with the look of the website. Phil has worked with a graphic design class at the local community college and knows it will cost $2300 a year to have the materials designed and printed.

What is the cost to acquire each new customer? Show your full calculation.
Does it make sense for Phil to sell his products online?

Answers

Answer:

It makes sense for Phil to sell his products online.

Step-by-step explanation:

Select the correct interpretation of the following expression.

2(3x+1)(9x-5)

A.
double the sum of 3x + 1 and 9x - 5
B.
the sum of 2, 3x, 1, 9x, and -5
C.
the product of 2, 3x + 1, and 9x - 5
D.
the product of 2, 3x, 1, 9x, and -5

Answers

Answer:

C

Step-by-step explanation:

you are multiplying so it is the product of the three

2 ( ...  )    ( ... )

and you must solve the brackets first so C and not D

find the area of the shaded portion in each of the following​

Answers

Answer:

30.5 cm^2

Step-by-step explanation:

General outlineFind the area of the full circleFind the area of the rectangleFind the difference (full circle area - rectangle area)

Step 1.  Find the area of the full circle

Recall the formula for the area of a circle: [tex]A_{circle}=\pi r^2[/tex] where [tex]\pi \approx 3.14[/tex], and "r" is the radius of the circle (distance from center to any point on the edge).

From the diagram, the radius is 5cm.

[tex]A_{circle}=\pi r^2[/tex]

[tex]A_{circle}=(3.14)(5[cm])^2[/tex]

[tex]A_{circle}=78.5[cm^2][/tex]

Step 2.  Find the area of the rectangle

Recall the formula for the area of a rectangle: [tex]A_{rectangle}=bh[/tex] where "b" is the base of the rectangle (length of bottom or length of top), "h" is the height of the rectangle (distance from bottom to top).

From the diagram, the base is 8cm, and the height is 6cm.

[tex]A_{rectangle}=bh[/tex]

[tex]A_{rectangle}=(8[cm])(6[cm])[/tex]

[tex]A_{rectangle}=48[cm^2][/tex]

Step 3.  Find the difference (full circle area - rectangle area)

Having found the areas for each of the first parts, we can find the difference to find the shaded area:

[tex]A_{shaded}=A_{circle}-A_{rectangle}[/tex]

[tex]A_{shaded}=(78.5[cm^2])-(48[cm^2])[/tex]

[tex]A_{shaded}=30.5[cm^2][/tex]

Can you do this because it is confusing the thing is y=mx+c and also it is not 1/2x+0.5

Answers

Step-by-step explanation:

there must be no confusion just put x= 0 u get y=0.5 which is true according to graph and also put x=2 you get y = 1.5 which is again satisfy by the graph so it is 1/2x+0.5

Answer:

y = 1/2 x + 1/2

Step-by-step explanation:

I think your answer is not wrong but if the math program won't accept it, check these two things:

Make sure the x is beside the 1/2 and is not interpreting it as the x on the bottom with the 2 which is wrong.

Also, usually we don't put a mix of decimals and fractions. So change that .5 to a 1/2. I know what you have is equivalent, but just the norms dictate how to write it. Maybe it is just some tiny detail as these two details. Please don't be confused, you aren't wrong.

4.5x + 9 -1/2x = -3.75 +5 1/2 + 5.25

Answers

Answer:

x = -1/2 = -0.5

Step-by-step explanation:

4.5x + 9 -1/2x = -3.75 +5 1/2 + 5.25

⇔ (4 1/2 - 1/2)x + 9 = (5 1/2 + 5 1/4) - 3 3/4

⇔ 4x + 9 = 10 3/4  - 3 3/4

⇔ 4x + 9 = 10 - 3

⇔ 4x + 9 = 7

⇔ 4x = 7 - 9

⇔ 4x = -2

⇔ x = -2/4

⇔ x = -1/2

⇔ x = -0.5

How do I do this? The question is in the picture.

Answers

Answer:

Step-by-step explanation:

Find the radius of a circle with area 345 square centimetres

For 35 points need asap in 10 MINS!!!! :)

Answers

5.9

Step-by-step explanation:

345√ is 18.6=3.14*r2 cuz formula

Is πr2

Answer: Radius = 10.48 cm

Step-by-Step Solution:

Radius (r) = ?
Area (A) = πr² = 345 sq. cm

Therefore,
πr² = 345
3.14 * r² = 345
r² = 345/3.14
r² = 109.87
r = √109.87
=> r = 10.48

Radius (r) = 10.48 cm

Find f(-4) for f(x)=9(3)^x

Answers

Answer:

[tex] f(-4) = \dfrac{1}{9} [/tex]

Step-by-step explanation:

[tex] f(x) = 9(3)^x [/tex]

[tex] f(-4) = 9(3)^{-4} [/tex]

[tex] f(-4) = 3^2 \cdot 3^{-4} [/tex]

[tex] f(-4) = 3^{-2} [/tex]

[tex] f(-4) = \dfrac{1}{9} [/tex]

Answer:

1/9

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

The amount left from you net income after your fixed expenses have been paid.

Answers

The profit is the amount left from you net income after your fixed expenses have been paid.

The amount earned by an individual or corporation after costs, allowances, and taxes is referred to as net income. Net income in company is what remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.

Profit is a financial gain, specifically the sum obtained over that which was used to acquire, maintain, or produce the good or service.

Profit is the term used to describe the financial gain experienced when the revenue from a commercial activity exceeds the costs, costs, and taxes associated with maintaining that activity.

Hence the profit is the amount left from you net income after your fixed expenses have been paid.

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The reverse of the number 129 is 921, and these add to 1050, which is divisible by 30.
How many three-digit numbers have the property that, when added to their reverse,
the sum is divisible by 30?

Answers

Answer:

Step-by-step explanation:

Write the number as [tex]abc[/tex] and use the divisibility rules for 10 and 3. From the rule for 10, we know that the last digit of [tex]abc+cba[/tex] is [tex]o[/tex], hence [tex]a+c=10[/tex]. Thus the options are [tex]a=1[/tex] & [tex]c=9[/tex], [tex]a=2[/tex], & [tex]c=8[/tex], etc.

From the rule for 3, namely that the digit sum must be divisible by 3, we find that [tex]2a+2b+2c=20+2b[/tex]  is divisible by [tex]3[/tex]. By hand it's easy to check that [tex]b=2,5,8[/tex] are the only options that work.

So there are 9 choices for [tex]a[/tex] and [tex]c[/tex] and [tex]3[/tex] for [tex]b[/tex] , giving 27 total.

Write a slope-intercept equation for a line that passes through (-2,1) and (3,-14).

Answers

The equation of the line that passes through (1, 5) and (-2, 14) in slope intercept form is y = -3x + 8.

Which property of real numbers IS shown below?
3 + ((-5) + 6) = (3 + (-5)) + 6

Answers

The associative property of real numbers is shown in the number expression 3 + ((-5) + 6) = (3 + (-5)) + 6

What is an arithmetic operation?

It is defined as the operation in which we do the addition of numbers, subtraction, multiplication, and division. It has a basic four operators that is +, -, ×, and ÷.

We have a number expression:

= 3 + ((-5) + 6) = (3 + (-5)) + 6

As we know in the associative property:

a + (b + c) = (a + b) + c

= (3 + (-5)) + 6

Thus, the associative property of real numbers is shown in the number expression 3 + ((-5) + 6) = (3 + (-5)) + 6

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Is the graph increasing, decreasing, or constant?

Answers

Answer:

jxdhjsssdddddsssssdd

Answer:

increasing

Step-by-step explanation:

look left to right, line goes up

help me please ! due soon!

Answers

Answer:

Step-by-step explanation:

Comment

An x intercept occurs when y = 0. So the table shows three of them.

Answer

There are 3 x values when y = 0. They are

x = - 1x = 2x = 3

Answer: A. [tex](-1, 0)[/tex]

Step-by-step explanation:

The x-intercept is every point where y=0. To see this, we should look at the table's f(x) section to find any zeroes.

According to the table and this knowledge, one x-intercept of this continuous function is [tex](-1, 0)[/tex].

I hope this helps! Pls mark brainliest!! :)

How many degrees does Earth turn in one hour?

Answers

Answer:

15 degrees

Step-by-step explanation:

Answer:

The earth turns 15 degrees in one hour. Hope this helps!

Step-by-step explanation:

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