5. Murphy obtains a 15/5 balloon mortgage to finance $113,500 at 4.95%. How much principal and interest will he have already pald when his balloon payment is due? (2 points)

$85,433.10

O $70,863.13

O $52,781.40

O $53,676.00

Answers

Answer 1

Answer:

$278.15×60= $16688.969

Step-by-step explanation:

Murphy has a 15/5 balloon mortgage plan therefore he would make constant payments monthly for five years and then pay the balance of the loan/balloon payment for the 10 years left in bulk

To calculate principal+interest on loan before balloon payment is due, we simply calculate Murphy's constant/monthly payments for the 15 year loan amortization and multiply by number of payments before balloon payment is due:

Formula for monthly payments

A= P×r×r(1+r)^n/(1+r)^n-1

Where A= monthly payments

P= mortgage loan value

r= interest rate on loan

n= number of payments = 15×12= 180 monthly payments

Substitute :

A= $113500×0.0495×0.0495(1+0.0495)^180/(1+0.0495)^180-1

A= $113500×0.0495×296.104/5980.90

A= $113500×0.0495×0.049508

A= $278.15

To calculate our principal and interest before balloon payment, we multiply by number of payments(5×12=60 payments) before due balloon payment

60×$278.15= $16688.969


Related Questions

Yesterday 170 guests at a hotel for room service, and 255 guests did not call for room service. What percentage of the guests at the hotel call for room service?

A - 60%
B - 15%
C - 40%
D - 85%

Answers

Answer: 40%

Step-by-step explanation:

170+255=425 total guests

170/425=0.4

one third of a number, w, reduced by 7?

Answers

Answer:

4

Step-by-step explanation:

The answer is 4 I think hope this helps!

Simplify.
91-^ + 6-^

Answers

7i is the answer to your question

What's 6x5 need help plaz

Answers

Answer:

30

Step-by-step explanation:

It is easier if you do 5 six times for example

5, 10, 15, 20, 25, 30

Hope this helps ;)

An ecological group suspects lobsters are consuming dangerous levels of mercury in a region of the world. Dangerous levels of mercury are classified when they reach beyond 6.5 parts per million. A random sample of 25 lobsters in the region were tested and the data is shown in the stemplot.

Stemplot for Mercury Levels.
2|2 4;
2|;
3|1 4;
3|5 8;
4|0 2;
4|5 6;
5|0 1 3 3 4;
5|6 8 9;
6|3 4;
6|6 7 8;
7|1 2;
7|

Key: 2|2 = 2.2 parts per million

Part A: What proportion of the lobsters in the sample have dangerous levels of mercury in their systems? (4 points)

Part B: Construct and interpret a 95% confidence interval for the mean mercury levels of the lobsters if the sample of 25 lobsters has a mean mercury level of 5.05 parts per million and standard deviation of 1.45 parts per million. (6 points)

Answers

Part A: 5 out 25 lobsters have dangerous levels of mercury

Part B: the 95% confidence interval is given by (4.45, 5.65)

since everything is given all I had to do is find the critical value which can be found from the resource packet = 2.064

Using the formula we find 5.05+-2.064*1.45/5 = ( 4.45,5.65)

For this case, we have 95% of confidence that the true mean for the average number of lobsters with dangerous levels of mercury is between 4.45,5.65

What is the domain of the function y=x-1?
0-1 O 0 O 1

Answers

Answer:

Option 1: negative infinity to infinity

Step-by-step explanation:

negative infinity to infinity

What is the least number n with the property that, in every group of n people, there are at least three people who are all friends

Answers

Answer:

hello your question is incomplete attached below is a the complete question

answer : n = 5

Step-by-step explanation:

lets consider N to be 5

To prove that the least number 'n' = 5

we will represent this information in a graph as vertex

Black edge = Friends

Blue edge = not Friends

From the attached diagram any  vertex contains 0,1,2,3,4 black lines and 4,3,2,1,0 blue lines

attached below is an explanation related to the choice of n = 5

considering n = 5 is satisfied by the explanation given

Can someone please help me write an equation for this graph? This is a different one.

Answers

Answer:

The equation of a line passing through points [tex](x_1,y_1)[/tex]and [tex](y_1,y_2)[/tex] is given by:

[tex]y-y_1 = \frac{(y_2-y_1)}{x_2-x_1}(x-x_1)[/tex]

According to question, the passing points of the line are (1,1) and (3,-3). So, its equation is given by:

[tex]y-1 = \frac{-3-1}{3-1} (x-1) \\or, y-1 = \frac{-4}{2}(x-1)\\or, 2y-2 = -4x+4\\or, 4x + 2y = 2+4\\or, 4x+2y = 6\\or, 2x+y = 3 is the required equation.[/tex]

A production process is known to produce a particular item in such a way that 5 percent of these are defective. If two items are randomly selected as they come off the production line, what is the probability that both are defective (assuming that they are independent)

Answers

Answer:

0.0025 = 0.25% probability that both are defective

Step-by-step explanation:

For each item, there are only two possible outcomes. Either they are defective, or they are not. Items are independent of each other. So we use the binomial probability distribution to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

In which [tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

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

And p is the probability of X happening.

5 percent of these are defective.

This means that [tex]p = 0.05[/tex]

If two items are randomly selected as they come off the production line, what is the probability that both are defective

This is P(X = 2) when n = 2. So

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 2) = C_{2,2}.(0.05)^{2}.(0.95)^{0} = 0.0025[/tex]

0.0025 = 0.25% probability that both are defective

Alphonsus went shopping for new school clothes. He bought 4 t-shirts and 3 pairs of pants. How many different outfits can Alphonsus put together with his new clothes?​

Answers

Answer:

I think he can do 12 outfits.

Step-by-step explanation:

I hope this helps. Sorry if I am wrong, I am not the greatest at math.

The different outfits that Alphonsus can put together with his new clothes will be 12.

What is equation modelling? What is a mathematical equation and expression?Equation modelling is the process of writing a mathematical verbal expression in the form of a mathematical expression for correct analysis, observations and results of the given problem.A mathematical expression is made up of terms (constants and variables) separated by mathematical operators.A mathematical equation is used to equate two expressions.

Given is that Alphonsus who went for shopping for new school clothes. He bought 4 t - shirts and 3 pairs of pants.

Assume that the different outfits that Alphonsus can put together with his new clothes be [x].

[x] = 4 x 3 = 12

[x] = 12

Therefore, the different outfits that Alphonsus can put together with his new clothes will be 12.

To solve more questions on functions, expressions and equation modelling, visit the link below -

brainly.com/question/17421223

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4r + 17 = 23. here is a diagram and its corresponding equation. find the solution to the equation and explain your reasoning.

Answers

Answer:

r=1.5

Step-by-step explanation:

4r+17=23 *Subtract 17 from each side

4r=6 *Divide both sides by 4

r=1.5

A ball is thrown from an initial height of 3 feet with an initial upward velocity of 17 ft/s. The ball's height h (in feet) after t seconds is given by the following.
h=3+177-1612
Find all values of t for which the ball's height is 7 feet.
Round your answer(s) to the nearest hundredth.
(If there is more than one answer, use the "or" button.)
1 = || seconds
DO
X
?
initial
height
ground

Answers

Answer:

what you should be asking is what the color of the balls are and if their juicy

I don’t know either I’m currently looking for the answer

Answers

Um is this a question bc I don’t see one

Help please I really need it

Answers

Answer:

angle 1 and angle 3

A rectangular room measures 21 feet by 28 feet with a 10-foot-high ceiling. The flooring is being replaced with carpeting that sells for $10.45 per square foot and entails a $149 installation fee. What is the total pricing for the carpeting with an 8.0% sales tax

Answers

9514 1404 393

Answer:

  $6,797.09

Step-by-step explanation:

The area of the floor is ...

  (21 ft)(28 ft) = 588 ft²

Then the cost of the carpet material is ...

  (588 ft²)($10.45/ft²) = $6,144.60

The subtotal with installation fee is ...

  $6,144.60 +149.00 = $6,293.60

Adding the sales tax multiplies this amount by 1 +8% = 1.08, so the final price is ...

  1.08 × $6,293.60 = $6,797.09 . . . total price

What’s the anwser for this. I’m so confused

Answers

Answer:

Its A

Step-by-step explanation:

Your car can drive 320 miles on a tank of 31 gallons. How many gallons are needed to drive 1,070 miles?

Answers

Answer:

104 gallons

Step-by-step explanation:

320/31=10.323 miles per gallon

1070/10.323=103.66 <---round to whole number

104 gallons needed

Verbally describe what each ordered pair in the first row of your table (when s = 10) means in terms of the situation. Use complete sentences in your answer.

Answers

The description of what each ordered pair means is; as described below

How to interpret Ordered Pairs?

The table is missing but from online sources, we can say the following;

An ordered pair such as (2,4), is a short form of writing two variables, such as x = 2 and y = 4. The order of the numbers in the pair is important because x always comes before y.

An ordered pair is simply a composition of the x coordinate called abscissa while the y coordinate is called the ordinate.

Thus, the Ordered Pair is (x,y)

Where,

x is the distance measure of a point from the primary axis "x"

y is the distance measure of a point from the secondary axis "y"

In the Cartesian plane, the point where the two lines meet at “0” is the origin.

Read more about Ordered Pairs at; https://brainly.com/question/1528681

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What is the point-slope form of a line with a slope -3 that contains the point (10,-1)

Answers

y + 1 = -3(x - 10)

Here's the formula:

y - y1 = m(x - x1)

Substitute numbers accordingly:

y1: so 1 goes in the y1 spot (you switch the signs because it was already negative)

x1:  and 10 goes to the x1 spot

m:  -3 belongs in m

By definition, the determinant equals ad - bc. What is the value of when x = -2 and y = 3? I NEED HELP PLEASE

Answers

Answer:

B. -84

Step-by-step explanation:

Taking the determinant of the matrices we will have;

= 4x(5y) - 2x(3y)

= 20xy - 6xy

= 14xy

Given x = -2 and y = 3

Determinant = 14(-2)(3)

Determinant = -28*3

Determinant = -84

Pedro uses shapes to make a funny animal. Which best tells about the

shapes in Pedro's animal?

Answers

Answer:

The sides of all the shapes are straight

Step-by-step explanation:

Pedro animal has the shape of a horse. The animal is made up of different shapes, we can see that the shapes Pedro animal is made up of consist of two triangles, three rectangles and a hexagon.

All this shapes mentioned above (triangle, rectangle and hexagon) that are used in making this animal have sides with straight edges. Therefore the sides of all the shapes are straight.

This is another 2 step. Please be sure to answer the question fully and show all of your work! I don't like reporting people.

Answers

Answer:

JR = 29∠JLM = 25°

Step-by-step explanation:

Diagonals of the parallelogram bisect each other

Note. The first question is repeated as A and B

A) KR = 1/2KM

Substitute and solve for x:

x + 7 = 1/2(3x - 5)2x + 14 = 3x - 53x - 2x = 14 + 5x = 19

Find JR

JR = 1/2JL JR = 1/2(4x - 10) = 2x - 5 = 2*19 - 5 = 34 - 5  = 29

B)

∠LJM ≅ ∠JLK as alternate interior angles∠JKL ≅ ∠JML as opposite angles of parallelogram

Interior angles of the triangle sum to 180°:

m∠JLK + m∠LJK + m∠JKL = 180°m∠JLM = m∠JLK = 180° - (56° + 27° + 72°) = 25°

A man wants to zipline from the top of a 20 meter building to an island 50 meters away. How long does the zipline wire need to be?

Answers

Answer:

50 meters

Step-by-step explanation:

the island is 50 meters away

Answer:

About 54 meters or 53.8 meters

Step-by-step explanation:

Pythagorean theorem a^2+b^2=c^2

20^2+50^2=53.8^2

Consider the system of liner equations 2y=X+10
3y=3x+15

Answers

The x-value is 0 and the y-value is 5

Karen is playing a board game in which she rolls a fair six-sided number cube repeatedly until she rolls a six. Once she rolls a six, she can advance her piece on the board. What is the probability that the first six Karen rolls is on her fifth roll?a. 1/6.b. 5/6.c. (1/6)2.d. (5/6)4(1/6).e. (5/1)(5/6)4(1/6).

Answers

Answer:

i say b.

Step-by-step explanation:

Answer:

I say d

Step-by-step explanation:

It seems most correct, 4 fails and one correct, the fifth try

Figure A is dilated by a scale factor of 1 to form Figure B.
What is the length of x?
4 inches
Figure A
Figure B
2 inches
16 inches
16 inches
8 inches

Answers

Answer:

C. 8 inches

Step-by-step explanation:

Note. The original question is attached.

Solution:

Scale factor is 1/2 and the corresponding side has a length of 16 inches.

The value of x is:

x = 1/2*16 = 8 inches

Correct option is C

how earth and venus the same?

Answers

Answer:

Venus is often named as Earth's twin because both worlds share a similar size, surface composition and have an atmosphere with a complex weather system. ... Both planets have almost the same size and density and Venus is only a 30% closer to the Sun than Earth.

Step-by-step explanation:

kxkcxn jxn. jxk. kx. xnx xn n nxnksj dxcnxc. x jxnn.

Use the Pythagorean Theorem to find the length of the leg in the triangle shown below. 3, 5

Answers

square both numbers and equal them to c squared and then add up the numbers and find the square root. it would be 5.8

Step-by-step explanation:

use the pythagorean theorem to find the length of the leg in the triangle below

The diagram shows three squares that are joined at vertices to form a right triangle. Which statement is true?
A. The sum of the areas of Square N and Square L is equal to the area of Square K.
B. The sum of the areas of Square N and Square L is greater than the area of Square K.
C. The sum of the areas of Square N and Square K is equal to the area of Square L.
D. The sum of the areas of Square N and Square K is less than the area of Square L.

Answers

Answer:

its a the sum of the areas of Square N and Square L is equal to the area of Square K.

Step-by-step explanation:

This cylinder has a volume of 121 cubic inches and a diameter of 4 inches.
Find the cylinder's radius and height.

Answers

Answer:

Volume  6082.12338 cm3

Step-by-step explanation:

Here’s my answer. Hope I can help
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