The Martin family purchases a new home at a cost of $240,000. They finance the home for 30 years at 6% interest, compounded continuously
How much will the Martins pay for the house, including interest

Answers

Answer 1

Given:

Principal value = $240,000

Rate of interest = 6% compounded continuously.

Time = 30 years

To find:

The amount after interest.

Solution:

The formula for amount after continuous compounding the interest is:

[tex]A=Pe^{rt}[/tex]

Where, P is principal, r is rate of interest and t is the number of years.

Putting [tex]P=240,000,r=0.06,t=30[/tex], we get

[tex]A=240,000e^{0.06(30)}[/tex]

[tex]A=240,000e^{1.8}[/tex]

[tex]A=1451,915.39146[/tex]

[tex]A\approx 1451,915.39[/tex]

Therefore, Martins will pay $1451,915.39 for the house, including interest.


Related Questions

Which answers are equivalent to 85 ? Choose two answer.
8+8+8+8+8
8*5
8 *9*8*8*8
5+5+5+5+5+5+5+5
32768

Answers

Answer: there all 40 but  for 32768 because its 32768 and 8 *9*8*8*8 because its 36864

5. Sarah has 5 less dollars than Jessica. Sarah has 17 dollars.
A: Write an equation that describes this solution.
B. What is the solution to the equation?

Answers

Answer:

A. J = 17 + 5

B. J = 22

Jessica has $22.

Answer:

22

Step-by-step explanation:

17+5 because the 5 represents how many more do jessica got and 17 means how much sarah got it total

Phil made a number line showing the multiples of 3/6...

What is the product 2 x 3/6?

Answers

the answer would be 6/6 because they want you to multiply 2 x 3/6

Algebra 2!!

The equation of the piecewise function f(x) is below. What is the value of f(3)?

Answers

Answer:

5

Step-by-step explanation:

Ask your self which equation you should use. Since it says F(3) then we have to find an equation that would fit this correctly. For example if we look at -X^2, X<-2 we could see that 3 is clearly not less than -2, leading to the conclusion that this is not the right equation.. If you look at the last equation it says that x has to be greater/equal to 0 which is true. So then we are left with the equation...

F(3)=x+2

F(3)=3+2

F(3)=5

can someone answer these question

Answers

Answer:

y=5

Step-by-step explanation:

Given x=1, the equation would come to be y = 5^1, or y equals 5 to the first power. You'll need to focus on the 5^1, 5 to the first power is 5, that's your answer.

Henry walked 3 miles and Sasha walked 12 miles.
Sasha says she walked 9 more miles than Henry.
Henry says that Sasha walked 3 times as many miles as he walked. Who is correct?

Answers

Sasha because Sasha didn’t run 9 miles

help meee pleaseeeee

Answers

Answer:

D) x>5

Step-by-step explanation:

Find Measures in Intersecting Circles
The diameters of D, B, and A are 4 inches,
9 inches, and 18 inches, respectively. Find AC.
A. 3 in.
B. 5 in.
C. 7 in.
D. 9 in.

Answers

A bybybybybybynybybybybyvtvtvttvtvvtvttvtvtvvtvt
7 in. Because if the diameter of D is 4 then the radius is of circle D is 2 then at then you subtract that from the 9 inches (from line A to D) and you get 7 inches (from A to C)

what is the sum of the measures of the interior angles of a hexagon ​

Answers

Answer:

Hexagon has 6, so we take 540+180=720. A heptagon has 7 sides, so we take the hexagon's sum of interior angles and add 180 to it getting us, 720+180=900 degrees.

Hexagon has 6, so we take 540+180=720

Answer for ( brain list, thanks, 5 star review)

Answers

Answer:

Your answer is 4.99

Step-by-step explanation:

259.48/52 will take some work if you use long division, but eventually you  get your answer of 4.99

Find the volume of the cone

Answers

Answer:

formulae : 1/3 × area of base × height

= 1/3 × 6 × 8

= 1×2×8

=16

the corner of the volume is 16

Read the following situation:

There are 13 animals in the barn. Some are chickens and some are pigs. There are 40 legs in all. How many of each animal are there?

When setting up the system, what could the variables represent? Select all that apply.

Total number of chicken legs

Total number of pigs

How long until the number of pigs and chickens are equal.

How many animals in the barn

Total number of pig legs

Total number of chickens

Where the lines cross

Answers

Answer:

Hi, let's turn the word problem into a set of equations:

Let's say that x = # of chickens, and y = # of pigs

If there are 13 animals altogether, that means that

x + y = 13

If there are 40 legs together, we know that chickens have 2 legs, while pigs have 4, so the total number of legs would be:

2x + 4y = 40

We now have two different equations, with the same two variables, so we can rearrange and substitute one equation into the other to solve. We can rearrange the first equation as:

x + y = 13

x = 13 - y

Let's plug this expression for "x" into the second equation:

2(13-y) + 4y = 40

Now we have an equation with only one variable, so we can use algebra to solve for y:

26 - 2y + 4y = 40

2y = 14

y = 7, there must be 7 pigs.

From the first equation that we rearranged,

x = 13 - y

Now that we know the numerical value of "y", we can plug that in:

x = 13 - 7

x = 6, there must be 6 chickens

In AEFG, the measure of ZG=90', the measure of ZE=51°, and FG = 5.2 feet. Find
the length of EF to the nearest tenth of a foot.

Answers

Answer: 6.7 feet

Step-by-step explanation: sin 51= 5.2/x

xsin51= 5.2

xsin 51/sin 51 = 5.2/sin 51

​x= 5.2/sin 51 =6.6911≈ 6.7 feet

A bag contains five red marbles 3 blue marbles and 7 yellow marbles into remodels which radio can be used to compare the yellow my bus to the blue marbles

Answers

Answer:

The ratio to compare would be C) 5 to 3 because there are 5 red amrbels and 3 blue ones

Cece is finding the surface area of a square pyramid by finding the sum of the areas of its faces. Which statement best describes the faces of the pyramid?
A)one square and three triangles
B)one square and four triangles
C)three squares and one triangle
D)three squares and two triangles

Answers

Answer:

D. One square and four triangles

Step-by-step explanation:

Cece is finding the surface area of a square pyramid by finding the sum of the areas of its faces

Square pyramid has a square base.

each edge of the square base joins at the top of the vertex to make a pyramid

The sides of the pyramid is a triangle

the square has 4 sides, so four triangle on the sides of the pyramid

Hence one square and four triangles forms a square pyramid

Answer:

The answer is A). one square and three triangles

Step-by-step explanation:

If i'm incorrect pleas let me know.

Which are solutions of the equation (x+5)(x-3)=0

Answers

Answer:-5 and 3

Step-by-step explanation:-5 +5 is 0 and 0 times any number is 0 also 3-3 is 0 and 0 times any number is 0

Please please please help me!!! I need this really fast and quick. Will give brainliest to whoever can answer quickly please

Answers

No, she is wrong. A rotation in 180 would result in A(-4,1) to be A’(4,-1) but instead A’ in the graph is (1,4) meaning they did a rotation 270 degrees.

help if ya can please!!

Answers

Answer:

D

Step-by-step explanation:

The answer is D........

What is the volume of the rectangular prism?

Answers

Answer:

There isn't any picture, so I'm assuming that the volume is l*w*h. Just multiply the three dimensions.

Step-by-step explanation:

The quadrilateral shown is a parallelogram. What is m<B?
A) 25°
B)55
C) 65
D) 115 degree​

Answers

The answer is D. 115°

Answer:

The answer is also 115 on USA test prep.

6+ 3x = 15 with work!

Answers

Answer:

X=3

Step-by-step explanation:

Rearrange terms

6+3=15

3+6=15

Subtract from both sides of the equation

3+6=15

3+6−6=15−6

Simplify

Subtract the numbers

Subtract the numbers

3=9

x=3

X = 3.

Step-by-step explanation:

1) Subtract 6 from both sides.

[tex]3x = 15 - 6[/tex]

2) Simplify 15 - 6 to 9.

[tex]3x = 9[/tex]

3) Divide both sides by 3.

[tex]x = \frac{9}{3} [/tex]

4) Simplify 9/3 to 3.

[tex]x = 3[/tex]

So, therefor, 5he answer is x=3.

What is the principal which would amount to $6900 in 3 years at 5% simple interest per annum?​

Answers

Answer:

$6000

Step-by-step explanation:

accumulated amount = A = PI

A = $6900

Let P = x

6900 - I = x

I = (x)(0.05)(3yrs) = 0.15x

6900 - 0.15x = x

Add

6900 = 1.15x

Divide, solve for x

x = 6000

Find the area of triangle STU

Help me

Answers

Answer:

12cm cubed

Step-by-step explanation:

A= base*height/2 so base is 6 just count the squares and height is 4 at the highest point  so just plug those in the formula hopefully its correct

Answer: 35 cm2

Step-by-step explanation:

The height is 5

and the base is 7

area of triangle = bxh    

                          = 7 x 5

                           = 35 cm2

original price is $150 markdown is 30% what is the retail price

Answers

Answer:

$105

Step-by-step explanation:

0.30×150=45

150-45=105

Slope intercept form of 4x+4y=-32

Answers

Answer:

y = - x - 8

Step-by-step explanation:

The equation of a line in slope- intercept form is

y = mx + c

Given

4x + 4y = - 32 ( subtract 4x from both sides )

4y = - 4x - 32 ( divide all terms by 4 )

y = - x - 8 ← in slope- intercept form

Answer:

x+y=-8

Step-by-step explanation:

-32=4x+4y

-4y=4x+32

y=(4x+32)/-4

y=-x-8

x+y=-8

Now comparing to slope intercept form

y=mx+c,we get

slope =1

y intercept =1

y=-8

OMG HELP ASAP!!!!!!!!! WILL MARK BRAINIEST + 15 POINTS !!!!!!!!!!!!!!!!!!!!!!!!!!!!
2 PROBLEMS ATTACHED!

Answers

Hope This Will Help :)

what is a circumference ​

Answers

Answer:

25.13

Step-by-step explanation:

2 pie  multiply radius

2 pie multiply  4

( I think so)

I hope this helps

A bike trail is drawn on a coordinate system. Each end of the trail is an x-intercept. The height of the trail is modeled by the function h(x) = -0.1x^2 - 0.3x +2.8 , where x is the horizontal distance in kilometers. How many meters is the horizontal distance of the trail?

Answers

Answer:

4metres

Step-by-step explanation:

Given the height of the trail modeled by the function h(x) = -0.1x^2 - 0.3x +2.8 , where x is the horizontal distance in kilometers

The horizontal distance occurs at the x intercept i.e at h(x) = 0

Substitute

0 = -0.1x^2 - 0.3x +2.8 ,

Multiply through by -10

0 = x^2 + 3x - 28

x^2 + 3x - 28 = 0

Factorize

x^2 + 7x - 4x - 28 = 0

x(x+7) - 4 (x+7) = 0

(x-4)(x+7) = 0

x-4 = 0 and x+7 = 0

x = 4 and -7

Since the danced cannot be negative, hence the horizontal distance of the trail is 4m

Help this is geometry! Help me please!

Answers

You can use the triangle congruence theorem here because the hypotenuse and the leg of the two right triangles align.

Simplify the like terms
3w - 2h + -5w+6h

Answers

simplified answer:

4h-2w

[tex]\huge\text{Hey there!}[/tex]

[tex]\large\text{3w - 2h + -5w + 6h}[/tex]

[tex]\large\text{COMBINE the LIKE TERMS}[/tex]

[tex]\large\text{(3w + (-5w)) + (-2h + 6h)}[/tex]

[tex]\large\text{(-2h + 6h) = 4h}[/tex]

[tex]\large\text{(3w - 5w) = -2w}[/tex]

[tex]\boxed{\boxed{\large\text{Answer: \bf4h - 2w}}}\huge\checkmark[/tex]

[tex]\text{Good luck on your assignment and enjoy your day!}[/tex]

~[tex]\frak{Amphitrite1040:)}[/tex]

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