Jason and Pam recently bought a house. They financed the house with a $250,000, 30-year mortgage with a nominal interest rate of 77% compounded monthly. Mortgage payments are made at the end of each month. What would be their house payment?

Answers

Answer 1

Answer:

Annual payument (PMT)= $1,663.19

Step-by-step explanation:

Giving the following information:

Loan (PV)= $250,000

Monthly interest rate (i)= 0.07/12= 0.005833

Number of periods (n)= 12*30= 360 months

To calculate the monthly payment, we need to use the following formula:

Annual payument (PMT)= (PV*i) / [1 - (1+i)^(-n)]

Annual payument (PMT)= (250,000*0.005833) / [1 - (1.005833^-360)]

Annual payument (PMT)= $1,663.19


Related Questions

i need help this is due tomorrow

Answers

Answer:

x z y is the awnser

Step-by-step explanation:

I'm doing this type of stuff

PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!!PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!!

Answers

Answer:

III

Step-by-step explanation:

the answer would be the third one because if you divided the three numbers by 3 then they will be 3,5,4 which is a type of right angled triangle...you can also check it with pythagoras theorm.

Answer:

I and III

Step-by-step explanation:

How to tell if a triangle is a right triangle with given sides : If a and b are measures of the shorter sides of a triangle, c is the measure of the longest side, and c2 = a2 + b2, then the triangle is a right triangle. If c2 ≠ a2 + b2, then the triangle is not a right triangle. let us see some example problems based on the above concept.

To determine if the triangle is a right triangle, we use the Pythagorean theorem to test or see if the data agrees. We do as follows: c² = a² + b². 10² = (5√3)² + 5². 100 = 75 + 25. 100 = 100. Therefore, the triangle with the given measurements is a right triangle.

21² + 21² = 29²

and

9² + 12² = 15²

Your a god if you answer this right!!!! BRAINLIEST

Answers

Answer:

y = 3x + 7

Step-by-step explanation:

Rise: 3

Run: 1

Y-Intercept: 7

Coom somebody help me with this problem, please.*
*brainiest goes to first answer and correct answers

Answers

Answer:

A. is 4

B. is 3

C. is 1

D. is 2

PLZ HELP THIS IS TIMED!

Answers

Answer:

630

Step-by-step explanation:

(8×15) + (34×15)= 630

-1 /-26 simplified

Answers

Answer:

0.038

Step-by-step explanation:

I really hope this helps I'm sorry if its wrong

Brainliest please if its right.

The answer is 0.038
Hope this helps!!

I don’t know if this is correct !!!!!!!!!! Please answer correctly !!!!!!!!!!! Will mark Brianliest !!!!!!!!!!!!!!!!!!!

Answers

Answer:

hi

Step-by-step explanation:

i think so,

if the two corresponding sides of one triangle are congruent to the two corresponding sides of the other triangle, and the remaining angles between them are equal, then these triangles are similar.

Have a nice day

PLEASE HELP!! I'LL GIVE YOU BRAINLIEST !!

Answers

Answer:

1 ) a    2) b    3) d    4) b    5) a    6) c

Step-by-step explanation:

Can you please help me I need the answer please

Answers

Answer:

b

Step-by-step explanation:

you have to rotate it 180 degrees clockwise to find the transition.

find the value of x and y​

Answers

If your question is as made by me then the solution is given with it . Hope you find it useful.

The realtion of y is alternative angle.

find the range of the function f(x)=
[tex] \frac{ {x}^{2} + 3x + 5 }{2x - 1} [/tex]


Answers

photo math is very helpful with those type of problems

Rewrite the numerator as

x ² + 3x + 5 = (x - 1/2)² + 4 (x - 1/2) + 27/4

Then

(x ² + 3x + 5) / (2x - 1) = 1/2 × (x ² + 3x + 5) / (x - 1/2)

… = 1/2 × ((x - 1/2)² + 4 (x - 1/2) + 27/4) / (x - 1/2)

… = 1/2 × ((x - 1/2) + 4 + 27 / (4 (x - 1/2)))

… = 1/2 x + 7/4 + 27 / (8 (x - 1/2))

which clearly has a non-removable singularity at x = 1/2, which is to say this function has a domain including including all real numbers except 1/2.

For every number other than x = 1/2, the function takes on every possible real numbers, since 1/2 x + 7/4 alone takes on all real numbers.

So:

domain = {x ∈ ℝ | x ≠ 1/2}

range = {x ∈ ℝ}

Which system of equations has the same solutions as the system below? `3x-y=7` `2x+3y=12`

Answers

Answer:

the system : 9x-3y =21

                   2x+3y = 12

Step-by-step explanation:

hello :

an system of equations has the same solutions as the system below

 the  system  3x-y=7

                     2x+3y=12

for exempl  :  3×(3x-y)=3×7

                     2x+3y)=12

means :

9x-3y =21

2x+3y = 12

6x - 2y = 14, 2x + 3y - 6 = 6 has the same solution as the system of equations 3x - y = 7, 2x + 3y = 12

What are system of equations?

A system of equations is a collection of two or more equations with a same set of unknowns. In solving a system of equations, we try to find values for each of the unknowns that will satisfy every equation in the system.

Given system of equations

3x - y = 7........................(1)

2x + 3y = 12...................(2)

Multiply equation 1 with 2

2(3x - y) = 2 × 7

6x - 2y = 14

Subtract 6 from equation 2

2x + 3y - 6 = 12 - 6

2x + 3y - 6 = 6

So, 6x - 2y = 14, 2x + 3y - 6 = 6 has the same solution as 3x - y = 7,

2x + 3y = 12

Find out more information about system of equations here

https://brainly.com/question/9351049

#SPJ2

Examine the box plot: What is the median score?
0 1 2 3 4 5 6 7 8 9 10 11 12 13

Answers

Answer:

6.5

Step-by-step explanation:

0 1 2 3 4 5 6 7 8 9 10 11 12 13

6+7=13

13/2=6.5

The plot shown below displays the number of books
read last month by nine students. What is the
median number of books read last month by these
nine students?

A. 2
B. 1 1/3
C. 1
D. 0

Answers

Answer:

D has the most amount of people who haven't even read at all

Step-by-step explanation:

Solve the system of equations by substitution.

x+y= 0
2x+3y= 3

A. (-3,3)
B. (3,-3)
C. (-1,1)
D. (1,-1)

Answers

the answer is A.
2 x -3 = -6
3 x 3 = 9
now add those up
-6+9=3

Answer:

the answer is Option A) ( -3, 3)

Step-by-step explanation:

Solve for the first variable in one of the equations, then substitute the result into the other equation.

( -3, 3)

I need help :/ can someone help


1.
Solve:
7x = 3x + 24
a) 6
b) 10
I c) 14
d) 4.
2.
Solve:
8W - 8 = -4W + 16
a) 8
b) 16
c) 24
I d) 2. .

Answers

Problem 1 answer is a)6
Problem 2 answer is d)2

Explanation:
I will upload photos of the source I got the answer from.
Hope this helps!

Credit to MathPapa

Find the domain and range of the relation: { ( 4 , − 4 ) , ( 3 , − 4 ) , ( 2 , − 4 ) , ( 1 , − 4 ) } . Then determine whether the relation is a function.

Answers

Answer:

Domain: [tex]Dom\{f\} = \{1,2,3,4\}[/tex], Range: [tex]Ran\{f\} = \{-4\}[/tex]

The relation is a function.

Step-by-step explanation:

Let be [tex]f[/tex] a relation. The domain of the relation is the set of first components of ordered pairs of the relation, whereas the range of the relation is the set of second components of ordered pairs of the relation. Hence, the domain and range of the relation are, respectively:

[tex]Dom\{f\} = \{1,2,3,4\}[/tex]

[tex]Ran\{f\} = \{-4\}[/tex]

A relation is a function if and only if every element of the domain has only one element of the range. This is the case for this relation, since there is just an element for range.

Please help if you can

Answers

Answer:

6 and 19

Step-by-step explanation:

The least value is the leftmost dot on the box plot, and the greatest value is the rightmost dot on the box plot.

Least value = 6

Greatest value = 19

Determine whether 0 is a solution of the inequality.
x = 6
O Yes
ΟNo

Answers

Answer:

In my opinion No

Step-by-step explanation:

You are only given "X" SO what is "Y"?

Hola me podría alguien ayudar con esto? Muchas gracias!

Answers

Answer:

Las respuestas estan a continuacion.

Step-by-step explanation:

Tres mas que un numero = a+3

La diferencia entr eun numero y 5 = a - 5

4 menos que n = 4 - n

Un numero aumenta en 1 = x + 1

Un numero disminuido en 10 = z - 10

El producto de dos numeros = x*y

Dos veces la suma de dos numeros = 2(a+b)

Doce veces un numero sumado a otro = 2a+b

El coceinte de dos numeros =  a/b

Un numero aumentado en 3 = x+3

Un numero dismunuido en 2 = a - 2

El producto de m y n = m*n

El antecesor de un numero cualquiera = n - 1

El sucesor de un numero cualquiera =  x+1

Espero te haya servido!

An engineer is designing a fuel tank in the shape of a cylinder. The tank must have a volume of 3,500 cubic inches. The height of the cylinder must be twice the radius. What is the approximate radius of the cylinder? PLEASE HELP ME!!!! ITS THE TEST FROM PERFORMANCE MATTERS

Answers

Answer: 24 inches

Step-by-step explanation:

Let the radius be represented by x

Therefore, the height will be = 2×x = 2x

Volume of a cylinder = πr²h

where, Volume = 3500

π = 3.14

r = x

h = 2x

We then slot in the values into the formula

Volume = πr²h

3500 = 3.14 × x² × 2x

3500 = 3.14 × 2x²

2x² = 3500 / 3.14

2x² = 1114.65

Divide through by 2

x² = 1114.65 / 2

x² = 557

x = ✓557

x = 23.6 = 24 approximately

The radius is 24 inches

find the circumference, rounding your answer to 1d.p.​

Answers

Answer:

Can't see the attached image

Step-by-step explanation:

Post another question and make sure it has the image on it :)

What is the sign of - 4x .y. 06 when X and Y are positive numbers?
Choose 1 answer:

A.Positive
B.Negative
C.Zero

Answers

Answer:

Step-by-step explanation: ZERO

Unit 8 right triangles and trigonometry homework 4

Answers

Answer:

don’t click the link

Step-by-step explanation:

hey man i’m struggling to but plz don’t click the links. it hacks your devices

A dolphin eats 26 lbs of fish a day.
Write a function that represents this situation.

How many lbs does a dolphin eat in 6 weeks?

Answers

Answer:

26x=42

Step-by-step explanation:

Let x represent the number of days.

26 is how many pounds the dolphin eats per day.

and 42 is the total number of days in 6 weeks

Answer:

skskzkosodidozieiixikckcf

Definition of Accreditation

Answers

official approval given by an organisation when something / somebody achieves a certain standard

hope it helps you ✌

-3x - 5 = 16
solve for x, thanks.

Answers

-3x=16+5
-3x=21
x= 21/-3
x= -7

Name the inequality!

Answers

Answer:

2nd one

Step-by-step explanation:

n > -1 is the answer

(Please help) The expression (x^16)(x^-24) is equivalent to x^n. What is the value of n?

Answers

Answer:

8

Step-by-step explanation:

Danielle ran the first
Of a 6-mile race. How many miles did she run?

Answers

Answer:

1 1/5 miles or 1/2 miles

Step-by-step explanation:

1/5 x 6 = 6/5 = 1 1/5 or 1/2 miles

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