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miguelturner
30.03.2020 •
Mathematics
The movement of the progress bar may be uneven because questions can be worth more or less (including zero) depending on your answer
In the inequality - 4x + $5,000 < $205,000, x represents a caterer's salary.
Which phrase most accurately describes the employee's salary?
o At most $50,000
At least $50,000
Less than $50,000
More than $50,000
Solved
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Ответ:
Marisa’s monthly mortgage payment is $1036
Step-by-step explanation:
The cost of the house is $250,000.
The down payment made is $55,000. The balance to be paid would be
250,000 - 55,000 = $195000
We would apply the periodic interest rate formula which is expressed as
P = a/[{(1+r)^n]-1}/{r(1+r)^n}]
Where
P represents the monthly payments.
a represents the amount of the loan
r represents the annual rate.
n represents number of monthly payments. Therefore
a = $195000
r = 0.049/12 = 0.00408
n = 12 × 30 = 360
Therefore,
P = 195000/[{(1+0.00408)^360]-1}/{0.00408(1+0.00408)^360}]
195000/[{(1.00408)^360]-1}/{0.00408(1.00408)^360}]
P = 195000/{4.33 -1}/[0.00408(4.33)]
P = 195000/(3.33/0.0177)
P = 195000/188.14
P = $1036