Jordan is considering buying her first home. The house she is interested in
buying is priced at $150,000. Jordan qualifies for a 30-year mortgage at 5%.
What will her monthly mortgage payment be?

A) $777.12
B) $697.87
C) $805.23
D) $702.34

Answers

Answer 1

Answer:

c

Step-by-step explanation:

Answer 2

Jordan's monthly mortgage payment will be $805.23.

What is percentage?

A value or ratio that may be stated as a fraction of 100 is referred to as a percentage in mathematics. If we need to compute a percentage of a number, we should divide it by its whole and then multiply it by 100. The proportion, therefore, refers to a component per hundred. Per 100 is what the term percent signifies. The letter "%" stands for it.

To calculate Jordan's monthly mortgage payment, we can use the formula for a fixed-payment loan:

M = P [ i(1 + i)^n ] / [ (1 + i)^n – 1 ]

where:

M = monthly mortgage payment

P = the principal, which is the amount borrowed

i = the monthly interest rate, which is the annual interest rate divided by 12

n = the number of monthly payments, which is the loan term in years multiplied by 12

In this case,

the principal (P) is $150,000,

the annual interest rate is 5%,

the loan term is 30 years,

and the monthly interest rate (i) can be calculated as:

i = 5% / 12 = 0.00417

n = 30 years * 12 months/year = 360 months

Substituting these values into the formula, we get:

M = 150000 [ 0.00417(1 + 0.00417)³⁶⁰] / [ (1 + 0.00417)³⁶⁰ – 1 ]

Simplifying this expression, we get:

M = $805.23

Therefore, Jordan's monthly mortgage payment will be $805.23.

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Related Questions

A) find the value of C
B) find the value of A

Answers

Answer:

a. 31.42

b. 78.55

It`s your ans...

Value of C is 31.42
Value of A is 78.55

[ 2,-3,4,-1] - [-2,7,11,0]=[a,b,c,d]​

Answers

Answer:

  [4, -10, -7, -1] = [a, b, c, d]

Step-by-step explanation:

Operations of addition and subtraction on lists are generally performed term by term.

  [2-(-2), -3-7, 4-11, -1-0] = [a, b, c, d]

  [4, -10, -7, -1] = [a, b, c, d]

In May, Jenna's mean weekly salary was $78. She earned $70 in Week 1, $88 in Week 2, and $67 in Week 3. How much did Jenna earn in the last week of May?

Answers

Answer:

just add then all up then divide each of them buy the answer

Step-by-step explanation:

There are 8 green, 10 purple, 6 red and 16 blue markers in a box. A marker is chosen,replaced and then another marker is chosen. Find the probability that neither marker is red.

Answers

Final answer:

The probability that neither marker chosen from the box is red is 72.25%

Explanation:

The probability that neither marker chosen is red can be calculated by finding the probability of not picking a red marker twice. There are a total of 40 markers (8 green, 10 purple, 6 red, and 16 blue). Therefore, the probability of not picking a red marker on the first try is 34/40 or 0.85 (since there are 34 non-red markers).

Because the marker is replaced, the conditions remain the same for the second draw. Hence, the probability of also not picking a red marker in the second draw remains at 0.85.

As these are two independent events, the total probability of neither marker being red is found by multiplying the probabilities of the individual events. Hence, 0.85 * 0.85 = 0.7225. Hence the probability that neither marker is red is 0.7225 or 72.25%.

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Final answer:

To find the probability that neither marker is red, calculate the probability of selecting a non-red marker on each draw and multiply the probabilities together.

Explanation:

To find the probability that neither marker is red, we need to calculate the probability of selecting a non-red marker on each draw.  

The total number of markers in the box is 8 (green) + 10 (purple) + 6 (red) + 16 (blue) = 40.

The probability of selecting a non-red marker on the first draw is (8 + 10 + 16)/40 = 34/40 = 17/20.

Since the marker is replaced back in the box, the probability of selecting a non-red marker on the second draw is also 17/20.

The probability that neither marker is red is the product of the individual probabilities: (17/20) * (17/20) = 289/400.

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Question #5:
Find the area of the composite shape.
30 ft
20 ft

Answers

350 because 25x10 is 250 and 20x5 is 100 so you add them and get 350

HELP FAST
After spending $2150 for tables and $4050 for chairs, a convention center manager finds that the total is 9% more than he spent
on tables and chairs last year. To the nearest dollar, find the amount that he spent last year.
a. $558
$6813
b. $4451
d. $5688
Please select the best answer from the choices provided
0
A
oo
Mark this and return
Show Me
Save and Exit
Next
Submit

Answers

Answer:

D. $5688

Step-by-step explanation:

good luck

The sum of two consecutive integers in one less than three times the smaller integer. Find the two integers

Answers

Answer:

i dont see a picture

Step-by-step explanation:

You have prizes to reveal! Go to your garne
)) 3 tons of compost cost $3,840.00. What is the price per pound?​

Answers

1 ton = 2,000 pounds

3 tons = $3,840
2,000 lbs = $3,840
Divide by 2,000
1 lbs = $1.92

The price per pound is $1.92

A shirt originally cost $52.29, but it is on sale for $36.60. What is the percentage decrease of the price of the shirt? If necessary,
round to the nearest percent.

Answers

Answer: 30%

Step-by-step explanation:

x2 - 2x = 24
O A 4.8,5
OB 26, -24
Oc 6.-4
C
D
4.8. -4.8​

Answers

Answer:

6,-4 /is the right answer

Answer:

C. 6, -4.

Step-by-step explanation:

x^2 - 2x - 24 = 0

(x - 6)(x + 4) = 0

x = -4, 6.

What is the degree measure of z?
A)81°
B)114
C)130°
D)147

Answers

A keinsmsienw is wow s

Answer:

The answer is D because z is on a supplementary line which equals to 180 and subtract that by 33 it gives you 147

Step-by-step explanation:

What is the range of the following data set?
56, 78, 124, 34, 67, 91, 20

Answers

Answer:

104

Step-by-step explanation:

Range is the max value - the min

124 - 20 = 104

A. (-45, -2), (-48, -1), (-49, 0), (-48, 1), (-45, 2)

B. (-2, -53), (-1, -50), (0, -49), (1, -48) (2, -45)

C. (-2, -45), (-1, -48), (0, -49), (1, -48) (2, -45)

Answers

Answer:

(-2)^2 - 49

4 - 49 = -45

(-1)^2 - 49 = 1 - 49= -48

(0)^2-49= 0-49=-49

(1)^2-49=1-49=-48

(2)^2-49= 4-49= -45

the solution is either a or c

(x,y) ==> (-45,-2),(-48,-1),(-49,0),(-48,1),(-45,2)

(y,x)==> (-2, -45), (-1,-48), (-0,-49),(1,-48),(2,-45)

Step-by-step explanation:

Write the following finite decimals as fractions (you do not need to reduce to lowest terms).
1, 1.4, 1.41, 1.414, 1.4142, 1.41421

Answers

Answer:

To make any decimal a fraction, you just add a denominator that has one more digit. Ex: .5 has 1 digit. So add 1 zero, and you get 10 as the denominator.

1, 14/10, 141/100, 1414/1000, 14142/10000, 141421/100000

Final answer:

The given decimals can be converted to fractions based on the decimal place values. Therefore, 1 converts to 1, 1.4 to 14/10, 1.41 to 141/100, 1.414 to 1414/1000, 1.4142 to 14142/10000, and 1.41421 to 141421/100000.

Explanation:

The numbers given can be written as fractions by considering the place value of the digits after the decimal point. Here is the conversion:

1 can be written as 1/1 or just 1 as there is no decimal part.1.4 can be written as 14/10 because 4 is in the tenths place.1.41 is 141/100 as 1 is in the hundredth place.1.414 can be written as 1414/1000 since 4 is in the thousandths place.1.4142 is 14142/10000 as 2 is in the ten-thousandths place.1.41421 can be written as 141421/100000 because 1 is in the hundred-thousandths place.

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A population of 110,000 grows 3% per years 15 years. How much will the population. How much will the population be after 15 years? Terms of x

Answers

Answer:

The population be after 15 years is 171376.

Step-by-step explanation:

Given : A population of 110,000 grows 3% per years 15 years.

To find : How much will the population be after 15 years?

Solution :

Exponential growth population model is given by,

[tex]P(t)=P_o(1+r)^t[/tex]

Where,

P(t) is the population at time (t)

[tex]P_o=110,000[/tex] is the initial value of the population

r=3%=0.03 is the annual rate of growth

t=15 is the time in years.

Substitute the value,

[tex]P(t)=110000(1+0.03)^{15}[/tex]

[tex]P(t)=110000(1.03)^{15}[/tex]

[tex]P(t)=110000\times 1.5579[/tex]

[tex]P(t)=171376.41[/tex]

Therefore, the population be after 15 years is 171376.

Final answer:

The future population after 15 years of 3% annual growth starting with a population of 110,000 is calculated using the exponential growth formula, resulting in approximately 171,380 people.

Explanation:

To calculate the future population given a current population, growth rate, and number of years, you can use the formula for exponential growth:

P(t) = P0 ×[tex](1 + r)^{t}[/tex]

Where:

P(t) is the population after t years.

P0 is the initial population.

r is the annual growth rate (expressed as a decimal).

t is the time in years.

In this case, the initial population (P0) is 110,000, the growth rate (r) is 3% or 0.03, and the time (t) is 15 years.

Applying these values to the formula:

P(15) = 110,000 × (1 + 0.03)¹⁵

Now we compute the amount (rounded to the nearest whole number):

P(15) = 110,000 × 1.03¹⁵

P(15) ≈ 110,000 × 1.558

P(15) ≈ 171,380

Therefore, the population after 15 years will be approximately 171,380 people.

(2b - 5)(2b + 5) =?

Please help! Polynomials are difficult for me..

Answers

Answer:

(2b-5)(2b+5)

4b^2-25

Step-by-step explanation:

Answer: 4b^2-25 is your answer.

(Vote me brainliest, please)

A basketball coach recorded the number of points his team scored in each of the 11 games they played.

45 68 74 59 69 70 67 77 72 61 75

What is the interquartile range of the data?

A. 5
B. 8
C. 13
D. 15

Answers

Answer:

The inter-quartile range is 13. So the answer is C.

Step-by-step explanation:

Answer:

The inter-quartile range is 13. So the answer is C.

if you ate 5 out of the 20 slices of pizza , how many slices of pizza would you eat if there are 120 slices of pizza?

Answers

Answer:

30 slices

Step-by-step explanation:

Make a proportion

You ate 5 out 20 slices, and x out of 120 slices

5/20=x/120

Multiply both sides by 120 to get x by itself

120(5/20)=(x/120)120

The 120s on the right will cancel out, and we are left with

30=x

So, you would eat 30 slices of pizza out of 120 slices

30. Use the butterfly method or kust cross multiply:)

please help will give branilest when i can if you help !
Fill in the table with relative frequencies by column
a = 22.4 , 50.0, 66.7 ,72.3
b = 7.9, 17.1, 20.7, 32.6
c = 44.7, 46.7, 83.1, 97.2
d = 27.1, 48.9, 59.0, 80.7
e =17.1, 50.9, 67.4, 82.9

Answers

The answer is :b

I hope that’s correct

Look at the figure. Find the length of JP.

A.) 8
B.) 2
C.) 4
D.) 6

Answers

Well to start off, we must first establish that line JP and line HP are equal because of the red ticks in the corner. So once we figured that out, then 3x-6 = x+2

»Next we add 6 to both side to make 3x = x+8
»Then we subtract x from both sides to equal 2x = 8
»Then we divide both sides by 2 which equals x=4

»So the final answer would be C. 4
Final answer:

By using the provided scale factor of 2, we multiply the side length of the first square by 2 to find that the length of JP is 8 inches.

Explanation:

To find the length of JP, we must consider the information given about the dimensions of the larger square. Since the problem states that the dimensions of the larger square are twice that of the first square, we know there is a scale factor of 2 involved in the sizing of the squares. Thus, if the side length of the first square is 4 inches, the side length of the larger square would be 4 inches × 2 = 8 inches.

a meter is one thousandth of a kilometer. write an equation to show the relationship between 7 meters and 0.007 kilometer.

Need steps

Answers

Answer:

1000k=m

Step-by-step explanation:

if there is 1 meter for every 1000 kilometers, then .007 times 1000 will equal 7

Answer:

m=0.001k

k=kilometers, m=meters,

Step-by-step explanation:

One thousandth=0.001

0.001 k = 1 m

multiply each side by 7

0.007 k =7 m

Figure ABCD is a trapezoid. Find the value of x

Answers

I think that the value of X is 3

PLZ IM TAKING TEST RN. HELP!!!!!!

For two functions, m(x) and p(x), a statement is made that m(x) = p(x) at x = 7. What is definitely true about x = 7? (2 points)


Both m(x) and p(x) cross the x-axis at 7.

Both m(x) and p(x) cross the y-axis at 7.

Both m(x) and p(x) have the same output value at x = 7.

Both m(x) and p(x) have a maximum or minimum value at x = 7.

Answers

Answer:

Both m(x) and p(x) have the same output value at x = 7

Step-by-step explanation:

for two functions m(x) and p(x) we know that the solution to the equation :

m(x)=p(x) is the x-value of the point of intersection of the two curves.

i.e. at this point the output value i.e. the value which is obtained on putting the input value i.e. 'x' is same for the two functions m(x) and p(x).

Hope This Helped

When m(x) = p(x) at x = 7, it implies that both functions produce the same output value at x = 7, representing the equality of the functions.

Both m(x) and p(x) have the same output value at x = 7. When m(x) = p(x) at x = 7, it means that both functions produce the same output value at x = 7. This is the defining characteristic of the statement made.

For a given x value of 7, both m(x) and p(x) will yield an identical result, indicating that they are equal at that specific point. This does not necessarily mean they cross the x-axis, y-axis, or have maximum or minimum values at x = 7, but rather that their outputs are the same at this particular x value.

Therefore, the correct statement about x = 7 when m(x) = p(x) is that both m(x) and p(x) have the same output value at x = 7.

What are the domain and range of f(x)=(1/5)x

Answers

Answer:

Step-by-step explanation:

hello :

f(x)=(1/5)x

the domain is : D= ℝ =]-∞ ,+∞[ (linair function)

the range is :  E= ℝ =]-∞ ,+∞[ (  f^-1 is linair function)

Need this one please.

Answers

Answer:

1/1000

Step-by-step explanation:

10^2 is 100. 10^5 is 100000. 100/100000 simplified is 1/1000.

100000 divided by 100 is 1000 and 100 divided by 100 is 1. So thats why its 1/1000.

Steps to solve:

10^2/10^5

~Use exponent rule (x^a/x^b = x^a-b)

10^2-5

~Simplify

10^-3

~Simplify

1/1000

Best of Luck!

olivia purchased a car worth $18,000 in the year 2001. it loses its value by 6% per year. what is the value of the car in 2004

Answers

Answer:

   The answer is $14,765 because six percent of 18000 is One thousand eighty, and when it is multiplied by three(3 years) it becomes 3240 dollars. So you would just find the difference after that.

Step-by-step explanation:

How do you do congruent angles

Answers

Answer:

 Angles are congruent if they have the same angle measure in degrees.

Angles are congruent if they have the same angle measure in degrees. They can be at any orientation on the plane. In the figure above, there are two congruent angles. Note they are pointing in different directions. If you drag any of the endpoints, the other angle will change to remain congruent with the one you are changing.

For angles, 'congruent' is similar to saying 'equals'. You could say "the measure of angle A is equal to the measure of angle B". But in geometry, the correct way to say it is "angles A and B are congruent".

To be congruent the only requirement is that the angle measure be the same, the length of the two arms making up the angle is irrelevant. As you drag the orange dots above, note how the line lengths will vary but the angles remain congruent, because only the angle measure in degrees matters <3


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Answers

Answer:

Hey, can you create a clearer question for us to answer please

Step-by-step explanation:

Thanks

:)

Uhh so what’s the problem?

Matt makes $80 a month mowing lawns. His friend James also mows lawns, but he makes x dollars less per month than Matt does. James makes $816 per year. How much less each month does James make than Matt?

Which expression represents the amount of money James makes each month?


Which equation represents the scenario?

Answers

Answer:

he makes $12 less.

Step-by-step explanation:

$80X12=960 - Matts income for the year

960-816=144 -How much less James makes than Matt per year

144/12=12 - How much less James makes than Mat per month

leave 5 stars and a thanks if it was helpful.

Answer:

Which expression represents the amount of money James makes each month?

✔ (80 – x)

Which equation represents the scenario?

✔ 12(80 – x) = 816

Step-by-step explanation:

Choose the correct simplification of the expression –5x2(4x – 6x² – 3).​

Answers

Answer:

[tex]30x^{4} -20x^{3} +15x^{2}[/tex]

Step-by-step explanation:

Simplify using the distributive property.

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