Please Solve for 3 of them

Please Solve For 3 Of Them

Answers

Answer 1

Answer:

13.  b.  4 + 5x = 29; $5.

14.  c.  74 + w = 3w + 6; 34 pounds.

15.  b.  $42.5.

Step-by-step explanation:

13. 4 + 5x = 29

5x = 29-4 = 25

x = 5.

14. 74 + w = 3w + 6

68 = 2w

w = 34.

15. Let x be the money he got last year. Then:

2x + 5 = 90

2x = 85

x = $42.5.


Related Questions

A line passes through (10,5) and (13,-4). Write the equation in standard form

Answers

Answer:

Standard Form : 3x+1y=35

Step-by-step explanation:

The equation of the line will be 3x+y-35=0

What is the equation of the line written in standard form?

The equation of the line in standard form will be expressed by using the coefficient of x and coeficient of y which is given

ax+by+c=0

How to determine the equation of the line in standard form from two point passing through it?

The equation of line which passes through two points will be

(y-y₁)/(x-x₁)=(y₂-y₁)/(x₂-x₁)

So according to asked question,

x₁=10,y₁=5

x₂=13,y₂=-4

the equation of line will be

(y-5)/(x-10)=(-4-5)/(13-10)

⇒(y-5)/(x-10)=-9/3

⇒(y-5)/(x-10)=-3

⇒y-5=-3(x-10)

⇒y-5=-3x+30

⇒y+3x-5-30=0

⇒3x+y-35=0

Therefore the equation of the line will be 3x+y-35=0

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HELP ASAP!!! 100 POINTS!!!

1. It takes the earth 24 h to complete a full rotation. It takes Mercury approximately 58 days, 15 h, and 30 min to complete a full rotation. How many hours does it take Mercury to complete a full rotation? Show your work using the correct conversion factors.

Answers

Answer:

HERE IS THE ANSWER 1407.5 hours

Step-by-step explanation:

complete the linear equation

Answers

Answer:

[tex]y=-30x[/tex]

Step-by-step explanation:

The intercept of the function is the value of y when x=0. In this particular case, when x=0, y=0, then the intercept is y=0.The slope of the function must tell us what is the change in y when x changes.  When x changes in one unit (from x=0 to x=1), y takes the value of y=-30, y=1x(-30). When x takes the value of x=2, y takes the value of y=-60, then y=2x(-30), and when x=3, y=3x(-30)=-90.This means that y always takes the value of -30x. Then the slope is -30, which is the rate of change of y as x changes.

What is the value for x?

Answers

The answer is 6 Bc 5 times 6 equals 30

Answer: X = 4.33

Step-by-step explanation:

cos angle = hypotenuse / opposite side

cos 30° = X/5

0.866 = X/5

X = 4.33

At 6:00 AM the temperature was 35 degrees Celsius. At 5:00 PM the temperature was 28 degrees Celsius. Was it warmer or cooler at 5:00 PM?

Answers

Answer:

I think it was warmer

Write an equation in point slope form (-7, 4) m=-¾

Answers

Answer:

y=-3/4x-5/4

Step-by-step explanation:

use the formula y-y1=m(x-x1)

y-4=-3/4(x-(-7))

The equation is y= mx+b
Plug everything in : 4=-3/4(-7)+b , 4=21/4 + b
b= -21/4 + 4 , b= 37/4
Now plug only the b&m

Y = -3/4x + 37/4

how do I solve for w​

Answers

Answer:

w ≥ 141/2

Step-by-step explanation:

12 − 4/6 w ≤ 2/8 − 3/6 w

First, combine like terms.  Add 4/6 w to both sides, and subtract 2/8 from both sides.

12 − 2/8 ≤ 4/6 w − 3/6 w

12 − 2/8 ≤ 1/6 w

Reduce 2/8 to 1/4:

12 − 1/4 ≤ 1/6 w

To get rid of the fractions, multiply both sides by 12 (the LCM of 4 and 6):

12 (12 − 1/4) ≤ 12 (1/6 w)

144 − 3 ≤ 2w

141 ≤ 2w

Divide by 2:

141/2 ≤ w

If you'd like, flip the equation:

w ≥ 141/2

how many pencils measure 6 inches ​

Answers

Answer:

11

Step-by-step explanation:

because that are 11 pencils that are 6 inches or longer, that's what the picture says.

PLEASE MARK BRAINLIEST!

Answer:

Helpful piece of information - each x = 1 pencil

Step-by-step explanation:

If each x = 1 pencil, and their are 6 x's over the 6 inch mark, 2 x's over the 7 inch mark, and 3 x's over the 8 inch mark, how many pencils measure 6 inches or more?

11 pencils measure 6, 7, and 8 inches.

I hope this helps!

2x - 2(4x-3) = 6 - 6x​

Answers

Answer:

x=

Step-by-step explanation:

Open parenthesis first:

2x-8x+6=6-6x

Combine like terms:

-6x+6=6-6x

Then move all like terms to one side:

6-6=-6x+6x

Simplify:

0=0

0=0 is true, so x can equal any number and the result will be true. (Like the number 4, for example. If x was 4, you would get 4=4.)

~Stay golden~ :)

1/4 of a rod was painted red. 2/5 was painted orange and 2/7 of the remainder was painted yellow. The yellow section was 20cm long how long was the rod

Answers

Answer: 200cm long

Step-by-step explanation:

Let the length of the rod be x

red = 1/4 of the rod , which means 1/4 of x

orange = 2/5 of x

The remainder = x - ([tex]\frac{x}{4}[/tex] +[tex]\frac{2x}{5}[/tex])

= x - ([tex]\frac{13x}{20}[/tex])

= [tex]\frac{7x}{20}[/tex]

yellow = 2/7 of the remainder , that is

yellow = 2/7 of [tex]\frac{7x}{20}[/tex]

yellow = [tex]\frac{x}{10}[/tex]

and it was given that the yellow section was 20cm long , that is

[tex]\frac{x}{10}[/tex] = 20cm

x = 20 x10

x = 200

Therefore the rod was 200cm long

Final answer:

To determine the length of a rod based on fractions of it being painted different colors, with the yellow section known to be 20cm, we set up a proportion based on the fractions of the rod painted and use this to solve for the total length of the rod, which is 200cm.

Explanation:

The subject of this question is Mathematics, and it is typically encountered at the Middle School level. To find the length of the entire rod when 1/4 is painted red, 2/5 is painted orange, and 2/7 of the remainder is painted yellow with the yellow section being 20cm, we need to set up an equation and solve for the total length of the rod.

First, we determine the fraction of the rod that remains after painting 1/4 red and 2/5 orange:

Calculate the total fraction painted already (red and orange combined): (1/4) + (2/5).Subtract that from 1 to find the remaining fraction.Of that remaining fraction, 2/7 is painted yellow.Since 2/7 of the remainder is 20cm, we can set up the proportion (2/7 of remainder) = 20cm to find the remainder.Once we find the remainder, we use it to calculate the full length of the rod.

Let's start the calculations:

1. (1/4) + (2/5) = 5/20 + 8/20 = 13/20.

2. The remaining fraction = 1 - 13/20 = 7/20.

3. Let x be the total length of the rod. Since 2/7 of the remainder is 20cm, we can write the equation (2/7) * (7/20) * x = 20cm.

4. Simplify and solve for x:

(2/7) * (7/20) * x = 20cm,

(1/10) * x = 20cm,

x = 20cm * 10,

x = 200cm.

Therefore, the total length of the rod is 200cm.

Score: 0 of 1 pt
3 of 21 (14 complete)
6.5.25
A family paid $25,900 as a down payment for a home. If this represents 14% of the price of the home, find the price of the home.
The price of the home is $
the answer box and then click Check Answer

Answers

The price of house is $185000.

Step-by-step explanation:

The percentage formula will be used for finding the price of the house

Given

Down payment = $25900

Percentage = 14%

Let x be the price of the home

Then

[tex]Down\ payment=14\%\ of\ x\\\\25900=0.14 * x\\\\x = \frac{25900}{0.14}\\\\x =185000[/tex]

Hence,

The price of house is $185000.

Keywords: Down payment, percentage

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2(x-1)-y=-8
y=2x+8
substitution method

Answers

Answer:

No Solution.

Step-by-step explanation:

2(x-1)-y=-8

y=2x+8

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

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

2x-2-2x-8=-8

2x-2x-2-8=-8

0-2-8=-8

-2-8=-8

-10=-8

no solution

Beth read a total of 12 books over 7 months.
If Beth has read 84 books so far, how many months has she been with her book club?
Solve using unit rates.

Answers

She has been with her book club for 49 months.

Step-by-step explanation:

Books read = 12 books

Time period = 7 months

Therefore,

12 books = 7 months

1 book = [tex]\frac{7}{12}\ months[/tex]    

Books read so far = 84 books

Total time period = x

84 books = x months

1 book = [tex]\frac{x}{84}\ months[/tex]

Using both unit rates;

[tex]\frac{x}{84}=\frac{7}{12}\\x=\frac{7}{12}*84\\x=\frac{588}{12}\\x=49\ months[/tex]

She has been with her book club for 49 months.

Keywords: Unit rates, multiplication

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What fraction of an hour is 8 minutes in simplest form

Answers

1/15. 8/60 simplified down is 1/15

8 minutes is 2/15 of an hour when simplified, which is obtained by dividing both the numerator and denominator of the fraction 8/60 by the greatest common divisor of 8 and 60, which is 4.

To convert 8 minutes into a fraction of an hour, first understand that 1 hour is equivalent to 60 minutes. Therefore, to find what fraction 8 minutes is of an hour, you can create the ratio of 8 minutes to 60 minutes, which simplifies to:

8 minutes / 60 minutes = 8/60

This fraction can then be simplified by dividing both the numerator and the denominator by the greatest common divisor (GCD) of 8 and 60, which is 4, to obtain:

8/60 ÷ 4/4 = 2/15

Thus, 8 minutes is 2/15 of an hour in simplest form.

write the following quadratic equation to standard form and find a,b,c

1) 2x²=3x
2)4x²-10=5
3)3(x²-4x)=2(x+2)
4)3x(x+2x)=11
5)6x(x-8)=2x²+4​

Answers

1) The standard form of the equation is 2x² - 3x = 0, a = 2 , b = -3 ,

c = 0

2) The standard form of the equation is 4x² - 15 = 0, a = 4 , b = 0 ,

c = -15

3) The standard form of the equation is 3x² - 14x - 4 = 0, a = 3 , b = -14 ,

c = -4

4) The standard form of the equation is 9x² - 11 = 0, a = 9 , b = 0 ,

c = -11

5) The standard form of the equation is 4x² - 48x - 4 = 0, a = 4 , b = -48 ,

c = -4

Step-by-step explanation:

The standard form of a quadratic equation is ax² + bx + c = 0, where

a is the coefficient of x²b is the coefficient of xc is the numerical term

1)

∵ 2x² = 3x

- Subtract 3x from both sides

∴ 2x² - 3x = 0

∵ The coefficient of x² = 2

∴ a = 2

∵ The coefficient of x = -3

∴ b = -3

∵ There is no numerical term

∴ c = 0

The standard form of the equation is 2x² - 3x = 0, a = 2 , b = -3 , c = 0

2)

∵ 4x² - 10 = 5

- Subtract 5 from both sides

∴ 4x² - 10 - 5 = 0

- Add like terms

∴ 4x² - 15 = 0

∵ The coefficient of x² = 4

∴ a = 4

∵ There is no x term

∴ b = 0

∵ The numerical term = -15

∴ c = -15

The standard form of the equation is 4x² - 15 = 0, a = 4 , b = 0 , c = -15

3)

∵ 3(x² - 4x) = 2(x + 2)

- Simplify each side

∴ 3x² - 12x = 2x + 4

- Subtract 2x from both sides

∴ 3x² - 12x - 2x = 4

- Subtract 4 from both sides

∴ 3x² - 12x - 2x - 4 = 0

- Add like terms

∴ 3x² - 14x - 4 = 0

∵ The coefficient of x² = 3

∴ a = 3

∵ The coefficient of x = -14

∴ b = -14

∵ The numerical term = -4

∴ c = -4

The standard form of the equation is 3x² - 14x - 4 = 0, a = 3 , b = -14 ,

c = -4

4)

∵ 3x(x + 2x) = 11

- Add the terms in the bracket

∴ 3x(3x) = 11

- Simplify the left hand side

∴ 9x² = 11

- Subtract 11 from both sides

∴ 9x² - 11 = 0

∵ The coefficient of x² = 9

∴ a = 9

∵ There is no x term

∴ b = 0

∵ The numerical term = -11

∴ c = -11

The standard form of the equation is 9x² - 11 = 0, a = 9 , b = 0 ,

c = -11

5)

∵ 6x(x - 8) = 2x² + 4

- Simplify the left hand side

∴ 6x² - 48x = 2x² + 4

- Subtract 2x² from both sides

∴ 4x² - 48x = 4

- Subtract 4 from both sides

∴ 4x² - 48x - 4 = 0

∵ The coefficient of x² = 4

∴ a = 4

∵ The coefficient of x = -48

∴ b = -48

∵ The numerical term = -4

∴ c = -4

The standard form of the equation is 4x² - 48x - 4 = 0, a = 4 , b = -48 ,

c = -4

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Write an equation in point slope form (12,7) m=-2

Answers

Answer:

y= -2x+31

Step-by-step explanation:

Y=-2x+B

7=-2(12)+B

7=-24+B

7+24= (-24+24)+B

31=B

Y=-2x+31

Hope it helps!!

Find the distance between the points (7, 6) and (7, -4).

Answers

Answer:

If I'm correct it is 10.

Step-by-step explanation:

The distance was 10 ;-;.

Tip: use desmos for this

passes through (-5,9) and (1,3)

Answers

Answer:

m=-1

Step-by-step explanation:

m=(y2-y1)/(x2-x1)

m=(3-9)/(1-(-5))

m=-6/(1+5)

m=-6/6

m=-1

Jiang purchased a moving truck for the business. He paid $40,000 for the truck. Its salvage value is $8,500. Select the correct answer from the drop-down menu.

The depreciation expense of the moving truck for a useful life of 10 years is (blank space). If the truck’s useful life where 15 years, the depreciation expense would come to(blank space).

Answers

Answer:

A. $3,150

B. $2,100

Step-by-step explanation:

A. Given,

Trucks cost price = $40,000

Salvage Value = $8,500

Useful life = 10 years

Since there is no requirement, I am using straight-line depreciation method to calculate the depreciation expense.

We Know,

Depreciation Expenses = (Cost price - Salvage Value) / Useful Life

Therefore,

Depreciation expense = ($40,000 - $8,500)/10

Depreciation Expense = $31,500/10

Depreciation Expense = $3,150

Therefore, under the straight-line method, the depreciation expense will be = $3,150.

B. Given, (When the useful year is 15)

Trucks cost price = $40,000

Salvage Value = $8,500

Useful life = 15 years

Since there is no requirement, I am using straight-line depreciation method to calculate the depreciation expense.

We Know,

Depreciation Expenses = (Cost price - Salvage Value) / Useful Life

Therefore,

Depreciation expense = ($40,000 - $8,500)/15

Depreciation Expense = $31,500/15

Depreciation Expense = $2,100

Therefore, under the straight-line method, the depreciation expense will be = $2,100

Find values of a and b that make the following equality into identity:

Answers

Answer:

1. [tex]a=b=\dfrac{3}{4}[/tex]

2. [tex]a=-3,\ b=3[/tex]

Step-by-step explanation:

1. Given:

[tex]\dfrac{3x}{(x-2)(3x+2)}=\dfrac{a}{x-2}+\dfrac{b}{3x+2}[/tex]

To find a and b, add two fractions in right side:

[tex]\dfrac{a}{x-2}+\dfrac{b}{3x+2}\\ \\=\dfrac{a(3x+2)+b(x-2)}{(x-2)(3x+2)}\\ \\=\dfrac{3ax+2a+bx-2b}{(x-2)(3x+2)}\\ \\=\dfrac{(3a+b)x+(2a-2b)}{(x-2)(3x+2)}[/tex]

So,

[tex]\dfrac{3x}{(x-2)(3x+2)}=\dfrac{(3a+b)x+(2a-2b)}{(x-2)(3x+2)}[/tex]

Two fractions with same denominators are equal when they have equal numerators, so

[tex]3x=(3a+b)x+(2a-2b)[/tex]

Equate coefficients:

[tex]At\ x:\ \ 3=3a+b\\ \\At \ 1: 0=2a-2b[/tex]

From the second equation:

[tex]a=b[/tex]

Substitute it into the first equation:

[tex]3b+b=3\\ \\4b=3\\ \\b=\dfrac{3}{4}[/tex]

Hence,

[tex]\dfrac{3x}{(x-2)(3x+2)}=\dfrac{\frac{3}{4}}{x-2}+\dfrac{\frac{3}{4}}{3x+2}[/tex]

2. Given:

[tex]\dfrac{3}{x^2-5x+6}=\dfrac{a}{x-2}+\dfrac{b}{x-3}[/tex]

Note that [tex](x-2)(x-3)=x^2-3x-2x+6=x^2-5x+6[/tex]

To find a and b, add two fractions in right side:

[tex]\dfrac{a}{x-2}+\dfrac{b}{x-3}\\ \\=\dfrac{a(x-3)+b(x-2)}{(x-2)(x-3)}\\ \\=\dfrac{ax-3a+bx-2b}{(x-2)(x-3)}\\ \\=\dfrac{(a+b)x+(-3a-2b)}{(x-2)(x-3)}[/tex]

So,

[tex]\dfrac{3}{(x-2)(x-3)}=\dfrac{(a+b)x+(-3a-2b)}{(x-2)(x-3)}[/tex]

Two fractions with same denominators are equal when they have equal numerators, so

[tex]3=(a+b)x+(-3a-2b)[/tex]

Equate coefficients:

[tex]At\ x:\ \ 0=a+b\\ \\At \ 1: 3=-3a-2b[/tex]

From the first equation:

[tex]a=-b[/tex]

Substitute it into the second equation:

[tex]-3(-b)-2b=3\\ \\3b-2b=3\\ \\b=3\\ \\a=-3[/tex]

Hence,

[tex]\dfrac{3}{x^2-5x+6}=\dfrac{-3}{x-2}+\dfrac{3}{x-3}[/tex]

Final answer:

To turn an equality into an identity, you would find values for 'a' and 'b' that work for all values of 'x'. The process involves equating coefficients and solving the resulting equations. Without specific equations, we must rely on general methods, such as using the quadratic formula when 'c' is known.

Explanation:

Finding Values of a and b

To make the equality into an identity, you'll typically want to find values of 'a' and 'b' that satisfy the given equations for all values of 'x'. It seems like part of your question is missing, as we would need the specific equations to give a precise answer. However, the process involves equating coefficients of the same powers of 'x' from both sides of the equation and solving the resulting system of equations.

For example, if you have an equation of the form ax2 + bx + c = 0 and you want to make it an identity, you can find 'a' and 'b' by applying the quadratic formula when 'c' is given.

In the case of a quadratic equation ax2 + bx + c = 0, you can determine 'a' and 'b' by solving:

-b ± √(b2 - 4ac) / (2a)

Which simplifies down when given specific constants, as shown by the example where a = 3, b = 13, and c = -10. This yields two possible solutions for 'x' which can verify the values of 'a' and 'b'.

If an equation already has set constants like a = 1.00, b = 10.0, and c = -200, then the equation is already defined, and the values are given.

if x varies directly as y, find x when y=8. x=11 when y=-3

Answers

Answer:

[tex]x=-\frac{88}{3}[/tex]

Step-by-step explanation:

When a quantity "A" varies DIRECTLY with another quantity "B", we can write the proportionality equation as:

A = kB

Where k is the proportionality constant (to be found)

In this problem, it is given x varies DIRECTLY with y, so we can write:

x = ky

Also, given, x = 11, y = -3, so we plug these into the equation and first find k:

x = ky

11 = k(-3)

k = -11/3

Now, we need to find x when y = 8, so we substitute and find x:

[tex]x=ky\\x=(-\frac{11}{3})(8)\\x=-\frac{88}{3}[/tex]

Final answer:

To find x for a given value of y when x varies directly as y, determine the constant of proportionality using the provided pair of values. Then use this constant to calculate x for the new value of y.

Explanation:

Since x varies directly as y, we can write this as x = ky, where k is the constant of proportionality. To find the value of k, we use the given values: x=11 when y=-3. Substituting these values into the equation gives us 11 = k(-3), or k = -11/3.

To find x when y=8, we substitute y=8 and the value of k into the direct variation equation: x = (-11/3)(8) = -88/3 = -29.33. Therefore, x is approximately -29.33 when y=8.

13m-7-10m=2? I need help

Answers

13M-7-10m = 2
3m-7=2
3m=2+7
3m=9
M=3

Answer:

[tex]\displaystyle 3 = m[/tex]

Step-by-step explanation:

2 = −7 + 3m

+ 7 + 7

__________

[tex]\displaystyle \frac{9}{3} = \frac{3m}{3} \\ \\ 3 = m[/tex]

I am joyous to assist you anytime.

sarah dvd collection. is stored in a cabinet that holds 6 dvds on each self. jow many shelves will she need to hold her collection of 89 dvds?​

Answers

Answer:

15 shelves

Step-by-step explanation:

6 dvds = 1 shelf

89/6= 14.8333333333 shelves

But you cannot have 0.8333333333 shelves so you would round  0.8333333333 to 1

A bag contains 8 blue marbles 6 red marbles and 4 green marbles what is the probability of selecting a blue marble replaced it in the bag and then selecting a red marble

Answers

Answer:

[tex]\dfrac{4}{27}[/tex]

Step-by-step explanation:

A bag contains 8 blue marbles 6 red marbles and 4 green marbles, 8 + 6 + 4 = 18 marbles in total.

The probability of selecting a blue marble is

[tex]P(\text{blue marble})=\dfrac{\text{Number of blue marbles}}{\text{Total number of marbles}}=\dfrac{8}{18}=\dfrac{4}{9}[/tex]

Then the blue marble was replaced in the bag.

The probability of selecting a red marble is

[tex]P(\text{red marble})=\dfrac{\text{Number of red marbles}}{\text{Total number of marbles}}=\dfrac{6}{18}=\dfrac{1}{3}[/tex]

The probability of selecting a blue marble replaced it in the bag and then selecting a red marble is

[tex]P=\dfrac{4}{9}\cdot \dfrac{1}{3}=\dfrac{4}{27}[/tex]

Please help on question c

Answers

Answer: 240 km

Step-by-step explanation:

From the graph :

50 miles = 80km

1 miles = 80/50 km

Therefore :

150 miles = 80/50 x 150

150 miles = 240 km

write an equation in slope for a line that passes through (3,4) (and has a y intercept of -8)

Answers

Answer:

Part 1) The equation in slope intercept form is [tex]y=4x-8[/tex]

Step-by-step explanation:

Part 1) Write an equation in slope-intercept form for a line that passes through (3,4) (and has a y intercept of -8)

we know that

The equation of a line in slope intercept form is equal to

[tex]y=mx+b[/tex]

where

m is the slope

b is the y-intercept

we have

[tex]b=-8[/tex]

[tex]point\ (3,4)[/tex]

substitute

[tex]4=m(3)-8[/tex]

solve for m

[tex]4+8=3m[/tex]

[tex]3m=12[/tex]

[tex]m=4[/tex]

therefore

[tex]y=4x-8[/tex]

what is the Y intercept of Y equals 4x +15 ?

Answers

Answer: 15

Step-by-step explanation: Linear equations can be written in the form

y = mx + b where the base "b" represents the y-intercept of the line.

So in this case, the y-intercept of the line would positive 15.

The equation can written as y = 4x + 15.

This equation is written in slope-intercept. y = mx + b

m = slope

b = y-intercept

In this equation the y-intercept (b) is 15.

_______

Best Regards,

Wolfyy :)

A pair of dice is rolled. Find the probability that the sum of the two dice is less than 2

Answers

Answer:

0/36

Step-by-step explanation:

Answer:

0/36

Step-by-step explanation:

It is impossible to roll two dice and get a sum less than 2.

(I'm assuming this is a 6 sided die, but either way if you have more than one die this is impossible.

The lowest you can roll would be 1+1 therefore adding up to a 2.

The sum of two numbers, x and y, is 142. Their
could be used to find the numbers?
nbers,
and y, is 142. Their difference is 14. Which system of equations
x + 142 = y
+
18.64
x + y = 142
y = 14
B.
- 14 = y
c
x - y = 142
x + y = 14
D.
14
x=142 + y
y = 14- X
+

Answers

The system that will be used to find the numbers

x+y=142

x-y = 14

Step-by-step explanation:

The linear equations are used for representing real life situations

Let x be the first number

and

y be the second number

Then

According to given statement,

"The sum of two numbers, x and y, is 142."

[tex]x+y=142[/tex]

And

"Their difference is 14."

[tex]x-y=14[/tex]

Hence

The system that will be used to find the numbers

x+y=142

x-y = 14

Keywords: Linear Equations

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Noreen is considering a purchase of a $170,000 home and her bank is
offering her a 5.15% interest rate on a 30-year mortgage with an option of
purchasing points. The bank is requiring a 20% down payment. If she decides
to apply the price of 2 points to her down payment instead, what will her
monthly mortgage payment be? Round your answer to the nearest dollar.​

Answers

Answer:$728

Step-by-step explanation:

Final answer:

To provide Noreen with her new monthly mortgage payment, the cost of 2 mortgage points is added to the original 20% down payment, resulting in a decreased loan amount. A mortgage calculator or formula is then used to determine the monthly payment at a 5.15% interest rate for the new loan amount over 30 years, which would be higher than with the points purchased. Answer : 725$

Explanation:

To calculate Noreen's monthly mortgage payment, we need to first understand the impact of her decision to apply the price of 2 points to her down payment instead of purchasing points. Points are upfront fees paid to the lender at closing in exchange for a reduced interest rate. One point is equal to 1% of the loan amount. However, since Noreen is opting to add the cost of these points to her down payment, we'll calculate her down payment and loan amount without considering a reduction in interest rate.

1. Calculate the down payment:

Noreen's home costs $170,000, and she is required to make a 20% down payment.

Down payment = 20% of $170,000 = 0.20 * $170,000 = $34,000

2. Calculate the cost of 2 points:

Since Noreen is not buying points and instead adding this cost to her down payment, we calculate the initial loan amount to find out how much 2 points would cost.

Initial loan amount without points = $170,000 - $34,000 = $136,000

Cost of 2 points = 2% of $136,000 = 0.02 * $136,000 = $2,720

3. Adjust the down payment:

Noreen decides to add the $2,720 (cost of 2 points) to her down payment.

New down payment = $34,000 + $2,720 = $36,720

4. Calculate the new loan amount:

New loan amount = Home price - New down payment = $170,000 - $36,720 = $133,280

Now, we use the loan amount of $133,280 and the original interest rate of 5.15% to calculate the monthly mortgage payment over a 30-year term.

The formula for monthly mortgage payments is:

[tex]\[M = P\frac{r(1+r)^n}{(1+r)^n - 1}\][/tex]

First, calculate the monthly interest rate:

[tex]\[r = \frac{0.0515}{12} = 0.00429167\][/tex]

Then, plug in the values into the formula:

[tex]\[M = 133,280\frac{0.00429167(1+0.00429167)^{360}}{(1+0.00429167)^{360} - 1}\][/tex]

This calculation can be complex, so it's often easiest to use a mortgage calculator or financial calculator to compute \(M\).

When you perform this calculation, you should get:

[tex]\[M \approx 725\][/tex]

Thus, Noreen's monthly mortgage payment would be approximately $725 when rounded to the nearest dollar. Please note, the exact payment can slightly vary based on the precision of the interest rate conversion and the calculation method.

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