Barry and Evelyn know they want a 15 year mortgage for their new home purchase. They are planning to borrow $160,000. Two local lending institutions have similar offers. Loan A is offering a 3% annual interest rate leading to a monthly payment of $1104.93. Loan B is offering a 4% annual interest rate leading to a monthly payment of $1183.50.

Answers

Answer 1

Answer:

Loan A: $198887.40

Loan B: $213030

Step-by-step explanation:

To find the total payback use the equation:

P x 12 x t

P= monthly payment

t= time in years

Loan A: 1104.93 x 12 x 15= $198887.40

Loan B:1183.50 x 12 x 15= $213030

Hope this helps :)


Related Questions

Are these rational or irrational? Please help ASAP!

Answers

Answer:

√25 is a rational number

√1 is rational number

√7 is irrational number

Step-by-step explanation:

first one is √25

=√25

=√5² ( 25 is the square of 5)

= 5

another one is √1

= √1

=√1² ( 1 is the square of itself)

= 1

last one is √7..... and it is irrational

Please help with both and leave a small explanation! I wanna double check my answers!

Answers

Answer:

(1)Hoops shadow would be 6 ft (2) model would be 3 cms

Step-by-step explanation:

9 / 3 = 3   3 x 2 = 6 ft

15 / 5 =3    3 x 1 = 3 cm

What is the ratio of 5
footballs to 9 Baseballs

Answers

Answer:

5:9 If that's what you meant

Step-by-step explanation:

Answer:

5:9

Step-by-step explanation:

Ratio is as follows

n1 to n2 = n1:n2

Therefore,

5 footballs to 9 baseballs = 5:9

Hope this helps :)

I need help with whole thing teacher is putting pressure on me and I have a 10 in her class

Answers

Answer:

So... for problem 15. im gonna help you and maybe you'll understand how to do it:) So the X axis is the horizontal line and the Y axis is the vertical line.

So when it says X -4

                          Y 5

Then the point would be at -4 on the horizontal line and 5 positive points on the Y axis (vertical line)

Step-by-step explanation:

I really hope this helps you its hard to describe over type:(

Good luck:))

Stuck on this problem for awhile​

Answers

Answer:B

Step-by-step explanation: 1/3*5=5/3*2/9=10/27

3x * -2y= -100
Solve for y and x.

Answers

Answer:

x=50/3y

y=50/3x

Step-by-step explanation:

Isolate the variable by dividing each side by factors that don't contain the variable.

help meh plss :) i don't know the answer

Answers

Answer:

33 1/3

Step-by-step explanation:

2
Given the function below, which of the
following values will result in f(x)=1/2x+8

A. f(-2)
B. S(-4)
C. (4)
D. f(13)

Answers

The answer is d)f(13)

Which is the last operation preformed when evaluating (8-2x)²+4 for x=3

A addition

B multiplication

C subtraction

D applying the exponent

Please hurry

Answers

Answer:   I think its c sorry if im whrong

A line passes through the points (8, 1) and (6, 7). What is the slope?



Answers

Answer:

-3

Step-by-step explanation:

7-1=6

6-8=-2

A line connects the points (8, 1) and (6, 7). The angle is -3.

What is meant by slope?The slope or slope of a line is a number in mathematics that describes both the direction and slope of a line. Gradients are frequently represented by the letter m.There is no clear reason why the letter m is used for gradients, but it was first used in English by O'Brien (1844), who wrote the equation for a straight line as "y = mx + b."He is also depicted in Tod Hunter's (1888) work, where he wrote "y = mx + c."The slope is calculated by dividing the difference between two (arbitrary) points on a line by the ratio of vertical and horizontal change.

Therefore,

Slope (m) = ΔY/ΔX

= 3/-1

= -3

The slope =  -3

θ = arctan(ΔY/ΔX) + 180°

=1 08.43494882292°

ΔX = 6 – 8 = -2

ΔY = 7 – 1 = 6

Distance (d) = √ΔX2 + ΔY2 = √40 = 6.3245553203368

Equation of the line:

y = -3x + 25

When x = 0, y = 25

When y = 0, x = 8.3333333333333

Hence,  A line connects the points (8, 1) and (6, 7). The angle is -3.

To learn more about slope, refer to:

brainly.com/question/16949303

#SPJ2

Mrs. Ryan purchased 25,000 grams of clay for her art classes at school. If she has 100 students, how many grams of clay will each student get if it is divided equally?

25 grams
100 grams
250 grams
2,500 grams

Answers

250 grams. Have a nice day

Write the next three terms in each sequence. Make sure your
answers are separated by a comma and a space; like 1, 2, 3

25, 26, 27, 28, ...


Answers

Answer:

29,30,31

this is basically like counting just add 1

24% of 72 is what number? (will mark brainliest for full explanation)

Answers

Answer:

300

Step-by-step explanation:

Answer:

17.28

Step-by-step explanation:

Multiply 72 by .24, .24 being 24% because it is 24 out of 100.

what is difference between applied force and normal force?​

Answers

Answer:

An applied force is a force that is applied to an object by a person or another object. If a person is pushing a desk across the room, then there is an applied force acting upon the object. The normal force is the support force exerted upon an object that is in contact with another stable object.

You are on a boat in the ocean, at point A. You locate a lighthouse at point D, beyond the line of sight of the marker at point C. You travel 90 feet west to point B and then 36 feet south to point C. You travel 100 feet more to arrive at point E, which is due east of the lighthouse. What is the distance from point E to the lighthouse?

Answers

Answer:

Step-by-step explanation:

Step-by-step explanation:

Since, after making the diagram of this situation,

We get two triangles ABC and CED,

In which AB = 90 feet, BC = 36 feet and CE = 100 feet,

Now,

       ( Vertically opposite angles )

        ( Right angles )

By AA similarity postulate,

By the property of similar triangles,

Since, point D represents the lighthouse.

Hence, the distance from point E to the lighthouse = 250 feet

i need help with this ^

Answers

Answer:

I think it's 3

Step-by-step explanation:

If 2 is c than subtract  it and it's 3?

PLZ HELP ME?!?!?!?!?!?!?!?!?!?!?!!!???!?!?!?!?

At the electronics store, James bought a headset that was originally priced at $90 for $60. What was the percent of change in the headset's price?

Answers

Answer:

30%

Step-by-step explanation:

W-4y+z=0 for z (please show work)

Answers

Answer: z=-w+4y

Step-by-step explanation:

W-4y+z=0

Calculate product

w-4y+z+0

Move variables to the right

Please help me I am confused

Answers

The answer is c...

y = mx + b is slope intercept form

This equation corresponds to that...

to be in slope intercept form:

y = mx + b is corresponded to y = 4x + 9

Answers c!!!!!!::::::::::)))))

Quien me ayuda por favor dime gracias

Answers

que esta? i don’t see anything sorry this is confusing

Which point is a reflection of Z(5 1/2,3) across the y axis

Answers

Answer: C?

Step-by-step explanation:

Because reflecting means like think of a mirror it’s reflecting you so the opposite side would be the bottom right quadrant please tell me if I’m right?

Maria's dog weighs 8 times as much as her rabbit. Together they weigh 81 pounds. How much does the dog Weigh?​

Answers

The dog weighs 72 pounds and the rabbit 9 pounds together they are 81
I just plugged in numbers plus the number I multiplied by
So 8 times 9 :72 +9: 81

ASAP Evaluate the expression: 20.16(0.375)

Answers

Answer:

7.56

Step-by-step explanation:

Just multiply

20.16 times 0.375

7.56

Answer:

Hii

The answer is 7.56.

Step-by-step explanation:

you multiply the value outside of the bracket with the value inside of the bracket.

A company manufactures batteries in batches of 26 and there is a 3% rate of defects. Find the standard deviation for the number of defects per batch.

Answers

Answer:

The standard deviation for the number of defects per batch is 0.87.

Step-by-step explanation:

Let X denote the number of defective batteries per batch.

A company manufactures batteries in batches of n = 26.

It is provided that the rate of defects is, p = 0.03.

Each battery is defective independently of the others.

The random variable X follows a binomial distribution.

The standard deviation of a binomial distribution is:

[tex]\sigma=\sqrt{np(1-p)}[/tex]

Compute the standard deviation for the number of defects per batch as follows:

[tex]\sigma=\sqrt{np(1-p)}[/tex]

  [tex]=\sqrt{26\times 0.03\times (1-0.03)}\\\\=0.86982757\\\\\approx 0.87[/tex]

Thus, the standard deviation for the number of defects per batch is 0.87.

A game uses a single 6-sided die.

To play the game, the die is rolled one time, with the following results:

Even number = lose $10
1 or 3 = win $3
5 = win $8

What is the expected value of the game?

Answers

45$ since there are 3 even numbers so 3x10= 30 and 1&3= 6 1 five which is 8. Now we add 30+6+8

Whoever answers gets brainlist!

Answers

Answer:

B

Step-by-step explanation:

answer is B

7a/9bc divided by 21a/12b

Answers

Answer:

Step-by-step explanation:

I dont know if you meant to punch in a c into the equation but if you didnt mean to i have both answers

The one that contains a c in the fraction that you asked for!

How will increasing the level of confidence without changing the sample size affect the width of a confidence interval for a population mean?

Answers

Answer:

The width of the confidence interval is going to be wider

Step-by-step explanation:

When we Increase the level of confidence without changing the sample size the width of the confidence interval is going to be affected in the following way;

The margin of error (M.E) is going to be larger or be increased. This increase is due to the fact that the critical value is going to increase. Then the increased margin of error would cause the width of the confidence interval to become wider.

This answers your question.

PLEASE HELP I SUCK AT MATH

Answers

The answer to the question is B. [tex]y=4x[/tex]

[tex]4(2)=8\\4(3)=12\\4(4)=16\\4(5)=20[/tex]

A chef at a restaurant uses 17 pounds of butter each day. About how many grams does the chef use each day?

Answers

answer

7711.07

Step-by-step explanation:

The chef uses 7,711.03 grams each day at a restaurant.

How to convert Pounds to Grams?

The methodology to convert Pounds to Grams is relatively simple. To convert Pounds to Grams, you must multiply the unit by 453.59.

For example, if you have to convert 5 Pounds to Grams, you need to multiply 5 by 453.59.

A chef at a restaurant uses 17 pounds of butter each day.

We have to determine the number of grams the chef uses each day.

Since 1 pound (lb) is equal to 453.59 grams (g).

So 17 pounds = 453.59 × 17 = 7,711.03 grams

Thus, the chef uses 7,711.03 grams each day.

To learn more about the unit conversion click here:

https://brainly.com/question/12792843

#SPJ2

Other Questions
The bar graph shows the differences in a citys rainfall from the historical average. Find the sum of the differences for the year. Write your answer as a decimal. Help me asap please!! I'll give brainliest Amanda is a doing a report for her earth science class about the four seasons. Which of the following would be aneffective scientific model to incorporate in her project?A) A calendar indicating the first days of autumn, winter, spring, and summerB) Four earth models, each with a different tilt to represent the earth's position relative to the sun,lined up in order of seasonC) A poster board with pictures of weather characteristic of the four seasonsD) A bar graph indicating average high and low temperatures for Amanda's area in the autumn,winter, spring, and summer n/4 + 1 =5 how do I solve this and show my work Which THREE processes are involved when a multicellular organism reproduces sexually? a. mitosis b. fusion of gametes c. meiosis d. formation of gametes. Pls help yall!!! what is the answer to this equation below?x +x = x what is x? What type of triangle can have one right angle? if a human eats salmon, will the atoms from the salmon protein still exist inside the person? HURRY !!!! i need help with this question What would be the slope for a line perpendicular to y = -x + 2? Which of the following describes a major consequence of the ideas William H. Seward promotes in the passage from A History of Lawrence, Kansas?A. The Kansas territorial government closed off the state from trade and interaction with the United States. B. The Supreme Court was forced to intervene in Kansas to reaffirm the constitutionality of slavery. C. Abolitionists succeeded in banning slavery in Kansas despite its extensive popular support. D. Supporters and opponents of slavery engaged in widespread violence to influence Kansas's political future. The property tax on a $60,000 home is $1,500. At this rate what will the property tax be on a home worth $75,000? True or False? The blue radius is perpendicular to the green chord. The exposition can be found where? *O in the middle of the storyO at the beginning of the storyO throughout the entire storyO at the end of the story A year has 365 days, and a day has 24 hours. If an hour has 60 minutes and a minute has 60 seconds, how many seconds are there in 1 year?54,750 s525,600 s3.15 Times. 107 s1.89 Times. 109 s The image of (2,-5) under the translation (X-3.y+6) What goes in the blank?? Pam draws three scalene triangles. In each figure, she measures each angle, as shown.Which conjecture is reasonable for Pam to make?In a scalene triangle, none of the angles are congruent.In a scalene triangle, one of the angles is obtuse.In a scalene triangle, none of the angles are right angles.In a scalene triangle, all of the angles are acute. The four people below have the following investments. Invested Amount Interest Rate Compounding Jerry $ 11,400 12 % Quarterly Elaine 14,400 6 Semiannually George 21,400 8 Annually Kramer 17,400 10 Annually Required: 1-a. Calculate the future value at the end of five years a single serving of a cereal breakfast contains 18 grams of carbohydrates. this is 6% of the daily recommended allowance for 2000-calorie diet. how many grams of carbohydrates are recommended each day for a person on 2000 calorie diet.