Samantha wants to buy a house and plans to rent the apartment located in the basement for extra income. The house has a purchase price of $200,000 and she will make a 10% down payment. Samantha has qualified for a 30 year mortgage with a fixed rate of 5.875%. Approximately how much rent should she charge for the apartment in order to cover her monthly mortgage payment if she only wants to spend $500 a month of her own money?

Answers

Answer 1

Answer:

$567.07

Step-by-step explanation:

Given that :

Purchase price = $200,000

Number of years = 30

Rate = 5.875%

Down payment = 10%

Hence, mortgage amount :

Purchase price - down payment

200,000 - (0.1 * 200000)

200,000 - 20,000

= $180,000

Using a mortgage calculator :

Mortgage amount = 180,000

Mortgage term = 30 years

Interest = 5.875%

Monthly payment will be : $1067.07

Hence, if she only wants to $500 from her own money, A rent of ($1067.07 - $500) = $567.07 will need to be charged


Related Questions

Pleaseee helppp answer correctly !!!!!!!!!!!!!!! Will mark Brianliest !!!!!!!!!!!!!!!!!!!

Answers

Answer:

The Answer should be 9

140-180=40

360÷40=9

Answer:

9

Step-by-step explanation:

size of each interior angle can be represented by: [tex]140^{o} = 180^{o}[/tex]•[tex]\frac{(n-2)}{n}[/tex]

solve for n:

[tex]140^{o} = 180^{o}[/tex]•[tex]\frac{(n-2)}{n}[/tex]                   multiply both sides by n

140ºn = 180º(n - 2)                 distribute 180º to (n - 2)

140ºn = 180ºn - 360º             subtract 180ºn from both sides

-40ºn = -360                          divide both sides by -40º

n = 9

Diego took a survey to find out how many students plan to go to a school band concert. There are more than 1,000 students in his school. He selected a sample by asking the first 50 students he met at band practice.

Answers

Answer: N/A

Step-by-step explanation: We need more info to solve this problem

Answer:

The one above is wrong

The actual answers are A and D


1
5
5.0,
71
1. -0.3, 4.33, -12, 10001, -12, -2017, 4
From the given numbers, list the numbers that are
(i) positive integers, (ii) negative integers,
(iii) positive numbers, (iv) negative numbers.​

Answers

Answer:

positive number

Step-by-step explanation:

because I got it right

Find the total surface area of a cylinder whose diameter is 28 cm and height is 11 cm.

Answers

59 cm yun ang sagot sa tanong mo

Answer:

2199.11 (with pi)

2198 (with 3.14)

Step-by-step explanation:

A=2πrh+2πr²

A=2π(14)(11)+2π(14)²

A=2π(154)+2π(196)

A=2(483.56)+2(615.44)

A=967.12+1230.88

What is the value of the expression? 18 - 2 x (4 + 3)

Answers

Answer:

=−14x+18

Step-by-step explanation:

happy to help ya :)

Answer:

112

Step-by-step explanation:

so you split the question by doing 18 - 2 then do 4 + 3 then you mutiply the answer

Shelter A has 500 beds and is 90% occupied. Shelter B is 60% occupied, the ratio of beds in Shelter A to Shelter B is 15:16

Answers

Answer:

800 beds

Step-by-step explanation:

Shelter A has 500 beds and is 90% occupied.

Number of occupied beds:

500*0.9 = 450

The ratio of beds occupied in Shelter A to Shelter B is 15:16

450/x = 15/16x = 450*16/15x = 480

Number of occupied beds in Shelter B is 480 which is 60% of total. Total number of beds is:

480/0.6 = 800

Answer:

Answer:there are 900 beds in shelter B

Step-by-step explanation:

Shelter A has a capacity of 300 beds and is 80% occupied. This means that the number of beds in Shelter A that would be

80/100 × 300 = 0.8 × 300 = 240 beds.

Let x represent the capacity of Shelter B. Shelter B is 45% occupied. It means that number of beds in Shelter B that would be occupied is

45/100 × x = 0.45 × x = 0.45x beds.

Total occupancy of shelter A and shelter B would be

240 + 0.45x

The ratio of the occupancy of shelter A to shelter B is 16:27

Total ratio of occupancy = 16 + 27 = 43

Therefore

27/43 × (240 + 0.45x) = 0.45x

27(240 + 0.45x) = 0.45x × 43 = 19.35x

6480 + 12.15x = 19.35x

6480 = 19.35x - 12.15x = 7.2x

x = 6480/7.2 = 900

Step-by-step explanation:

each side of a triangle is nine inches long. find the perimeter

Answers

The triangle in which the side are nine inches long has a perimeter of 27 inches.

Perimeter of a triangle

The perimeter of a triangle is the sum of the length of the whole side.

The triangle have three sides and the perimeter is the sum of the whole sides.

According to the question, the triangle has the whole sides as 9 inches.

This means the triangle is an equilateral triangle.

Therefore,

length of side = 9 inches

perimeter = 9 + 9 + 9

perimeter = 27 inches

learn more on triangle here:https://brainly.com/question/19976393

does anyone know how to solve this? :(

Answers

Answer:

i dont know but my Friends do

l

The function P(1) - 5,000(1.098)' models the value, in dollars, of a painting after t years. What is the initial value of the painting?

Answers

Answer:

the answer is $5,000

Step-by-step explanation:

the question is asking what the initial value of the painting is and in the equation, they are trying to find out how much the painting will cost after t years. the 1.098 is how much the painting decreases each year and it is being multiplied by &5000 so $5000 is the original value of the painting.

In March there was 85 mm of rain. In April there was 68 mm. What is the percentage change?
A. 20% fall
B. 18% fall
C. 19% fall
D. 25% fall

Answers

18:) I hope that helped

what is 90.90 rounded to the ones

Answers

91 your a little slow

Answer:

91.00

Step-by-step explanation:

I got you

solve for x
(20 points)

Answers

Answer:

x=14

Step-by-step explanation:

you start at 5,4 and move 2 units left and 2 units down

Answers

Answer:

(3,2)

Step-by-step explanation:

Answer:
(3,2)

Explanation:
When you move the point up, add to the y-coordinate. When you move the point down, subtract from the y-coordinate.
When you move the point to the right, add to the x-coordinate. When you move the point to the left, subtract from the x-coordinate.

(5,4)
Because we move 2 units left, we subtract 2 from the x-coordinate.
(3,4)
Because we move 2 units down, we subtract 2 from the y-coordinate
(3,2)

I hope this helps!

Amelia's account balance is $16. If she uses her debit card to buy a $32
shirt from the mall, what will the balance of her account be?

Answers

Answer:

-$16

Step-by-step explanation:

16-32=-16

Name the central angle of the given arc.

Answers

Fe hi
This is the answer

Carmella simplified the following rational expression. (2x ^ 2 + 7x + 3)/(4x + 12) = ((2x + 1)(x + 3))/(4(x + 3)) = ((2x + 1)(x + 3))/(4(x + 3)) = (2x + 1)/4 After simplifying the expression , she stated that there are no restrictions on x since the denominator of her answer is a constant and cannot possibly equal Did Carmella make any mistakes in her problem ? If explain and correct her mistake ( s ) .

Answers

Answer: No, she is right

Step-by-step explanation:

[tex]\frac{2x^2+7x+3}{4x+12}[/tex]

Factor the trinomial, what two numbers multiply to equal 6 but add to equal 7. That is 6 and 1.

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

The (x+3) will cancel

[tex]\frac{2x+1}{4}[/tex]

PLZ HELP LIKE NOWWWW

Answers

What is help needed on?

Find AE if AB=12, AC=16, and ED=5.

Answers

Answer:

the ratio is 12:16=3/4

So AE:5+AE=3/4

4AE=15+3AE

AE=15

Step-by-step explanation:

The length of the line segment AE is 15 units.

What is a triangle?

A triangle is a three-sided closed-plane figure formed by joining three noncolinear points.

Based on the side property triangles are of three types they are Equilateral triangle, Scalene triangle, and Isosceles triangle.

We know, In a triangle if one segment is parallel to one side of a triangle divides the other two sides in the ratio of their corresponding lengths.

Given, AB = 12, AC = 16 and ED = 5, hence BC = AC - AB = 4.

Therefore, AB/BC = AE/ED.

12/4 = AE/5.

4AE = 60.

AE = 15 units.

learn more about triangles here :

https://brainly.com/question/2773823

#SPJ2

What are the scale factor and center of dilation?

Answers

shreks poop that fell on the ground

1.If 9 pencils cost .45, what would 12 pencils cost?

Answers

Answer:

9 pencils = 0.45

12 pencils = 0.60

Brainiest plz  :)

Answer:

$.60

Step-by-step explanation:

9=.45

.45/9=.05

.05x12=0.60

$.60

To keep her pet groundhog Marley happy, Gwen built a rectangular pen for Marley with an area of 242 square feet. She only had 66 feet of fencing to use, and wanted the length to be twice as long as the width. What are the dimensions of the pen?

Answers

seitz seirz seitz seit

Standard
Expanded
Written
6000 + 900 + 10 + 5

Answers

Answer: This is written in Expanded form.

Step-by-step explanation: The number is 6,915, to write a number in expanded form, write it's place values by the number it's in.

Ex: Expanded form of 5,731: 5,000 + 700 + 30 + 1

Put these in descending order
-6/7,|8-9|,-|-6|

Answers

Answer:

-6/7,1,-6

1, -6/7, -6

Step-by-step explanation:

20 points . I need help with this.

Answers

Answer:

1) 117

2) 51

3) congruent

4) to each other

Step-by-step explanation:

Felipe planted some seeds for a science project. One of his plants grew 6 2/7 inches in the first week, and then it grew 5 11/14 inches during the second week. How much did the plant grow during these two weeks? The answer should be written as a proper mixed number and should be simplified, if possible.

Answers

Answer:

The plant grew [tex]12\frac{1}{14}[/tex] inches

Step-by-step explanation:

Operations with Fractions

Felipe planted seeds for a science project. One of the plants grew 6 2/7 inches in the first week and 5 11/14 inches in the second week.

We are required to find the total growth during the two weeks. We have to find the sum of:

[tex]6\frac{2}{7}+5\frac{11}{14}[/tex]

Let's convert both fractions to improper form:

[tex]6\frac{2}{7}+5\frac{11}{14}=6+\frac{2}{7}+5+\frac{11}{14}[/tex]

Adding the integers:

[tex]6\frac{2}{7}+5\frac{11}{14}=11+\frac{2}{7}+\frac{11}{14}[/tex]

Now we find the LCM of 7 and 14 is 14, thus:

[tex]6\frac{2}{7}+5\frac{11}{14}=11+\frac{4}{14}+\frac{11}{14}[/tex]

[tex]6\frac{2}{7}+5\frac{11}{14}=11+\frac{15}{14}=11+\frac{14+1}{14}[/tex]

[tex]6\frac{2}{7}+5\frac{11}{14}=11+1+\frac{1}{14}[/tex]

[tex]6\frac{2}{7}+5\frac{11}{14}=12+\frac{1}{14}[/tex]

Rewriting as a mixed number:

The plant grew [tex]12\frac{1}{14}[/tex] inches

What is the product of 14.5 and 20.2?

Answers

Answer:

292.9

Step-by-step explanation:

the total surface area of this cuboid is 76cm^2 find the value of x (5cm = width, 4cm= length and x = height)

Answers

Answer:

Height x=2

Step-by-step explanation:

area of top & bottom:

(5)(4)(2)=40

area of 2 sides:

(x)(5)(2)=?

area of the other two sides:

(x)(4)(2)=?

total area=76

76=40+10x+8x

simplify:

36=18x

x=2

Tobey, Finn, and Mary rode their bicycles in the park.
Tobey: 432 yards
Finn: 1,300
Mary: 1/4 mile
Who rode the furthest? Explain how you know.

Answers

Answer: Mary

Step-by-step explanation:

Tobey 432 yards is 1296 foots

Mary 1/4 mile is 1320 foots

You didnt mark what kind of measurment Finn has but I assume it's foots, then Mary wins!

(Tobey 1296)

(Finn 1300)

(Mary 1320)

Answer:

Yeah it's Mary

Step-by-step explanation:

Work out the reciprocal of 0.4

Answers

Answer:

1/0.4=10/4=5/2...............

0.4= 4/10
Reciprocal of 4/10= 10/4

You can leave the answer here
But if you want to further simplify it then:

10/4= 5/2

A) describe each two-dimensional figure cross section that results from slicing each three-dimensional figure
B)describe the two dimensional figure cross section that results from slicing the cylinder number 6 with a vertical cross-section
PLEASE HELP QUICK
I WILL MARK BRAINLYIEST'

Answers

AnswerWE  NEED MORE

Step-by-step explanation:

Other Questions
What is one example of Lewis' devotion to his education what was happening in america in 1860-1910 Some fungi and insects benefit each other; the fungi protects the insects from predators and the insects spread spores for the fungi. This is an example of a _______ relationship. NEED THIS ASAP Find QA.A.4b.-4c.16d.28 Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,770 and two jobs in process: Job No. 429 for $2,430, and Job No. 430 for $1,340. During May, a summary of source documents reveals the following: Materia Labor TimeJob # Requisition Slips Tickets429 $2,940 $2,300 430 3,850 3,400 431 4,680 $11,470 8,170 $13,870General use 940 1,570 $12,410 $15,440Stine Company applies manufacturing overhead to jobs at an overhead rate of 68% of direct labor cost. Job No. 429 is completed during the month.The following are summary journal entries to record the requisition slips, time tickets, assignment of manufacturing overhead to jobs, and the completion of Job No. 429:No. Date Account Tiles and Explanation Debit Credit1 May 31 Work in Process Inventory 11,470 Manufacturing Overhead 940 Raw Materials Inventory 12,4102 May 31 Work in Process Inventory 13,870 Manufacturing Overhead 1,570 Factory Labor 15,4403 May 31 Work in Process Inventory 9,432 Manufacturing Overhead 9,4324 May 31 Finished Good Inventory 9,234 Work in Process Inventory 9,234Required:a. Post the entries to Work in Process Inventory, and prove the agreement of the control account with the job cost sheets. What is the Y intercept of y=3-4x? How would the area of a triangle be affected if the base and height are dilated by 1/2 The word evacuation is formed by adding the Latin suffix -tion to evacuate. Choose the answer that best shows the meanings of evacuation and evacuate. Base your answer on your knowledge of -tion. A. evacuate: "the act of emptying out" / evacuation: "to empty out" B. evacuate: "to empty out" / evacuation: "the act of emptying out" C. evacuate: "being empty" / evacuation: "the act of emptying out" D. evacuate: "being empty" / evacuation: "to empty out" What other buildings might have the same quality of staidness, and what kinds might have a festive air What is the name of the first coach that won the first superbowl A] Vince Lombardi B) George Halas c) Jerry Jones AYO somebody help me im giving 12 points!! for this plz help Use long Divistion to find the VALUE of 1,875 divided by 15 PLZZ if u can thanks so much its due today to 0.0 so HURRY 3 Write the statement "10 is 7 less than the product of 5 and a" as amathematical equation. All states require registered nurses to be licensed.OA. True. False Solve the simulataneous equations. 5x-4y=19 x+2y=8 please help, this is due soon! The Freebird Turbocharger is being recalled. All customers who submitted warranty cards can have their installed turbochargers serviced free by authorized mechanics. If you do not have a warranty with Freebird, bring your original receipt to your local Freebird dealership and they will complete the repairs at cost.1. What is the primary purpose of this message?a. To give a price quoteb. To sell a turbochargerc. To inform a customer about a recalld. To refuse a refund2. What is the secondary purpose of this message?a. To retain the customers goodwillb. To provide a refundc. To sell more turbochargers In 1802 how did Spain change its policy toward American goods in New Orleans? How did the change in the Spanish policy affect American farmers in the West?Why was Jefferson worried about the agreement between France and Spain over the Louisiana Territory?What effect might the revolt in Santo Domingo have on the United States?Why was control of the Mississippi River an important part of the Louisiana Purchase?In what ways was Sacagawea important to Lewis and Clark? Explain two effects of the Lewis and Clark expedition.Describe how the Federalists reacted to the Louisiana Purchase.plz help What was the northern strategy called? 81^3x3^4x=729 solve for x Missy read 1/12 of a book by Monday 1/4 of the book by Tuesday and 5/12 of the book by Wed. if the pattern continues how much of the book will she have read by Fri. draw a chart or explain