If Clare takes out a mortgage for 22 years at an interest rate of 3% and her monthly repayments are $984, what is the principal loan amount?

Answers

Answer 1

Using simple interest, it is found that the principal loan amount was of $156,491.6.

The amount of money after t years in simple interest is modeled by:

[tex]A(t) = A(0)(1 + rt)[/tex]

In which:

A(0) is the initial amount, which is also called principal. r is the interest rate, as a decimal.

In this problem, she paid $984 monthly for 22 years, hence:

[tex]t = 22, A(t) = 984(22)(12) = 259776[/tex]

Interest rate of 3%, hence [tex]r = 0.03[/tex]

Then:

[tex]A(t) = A(0)(1 + rt)[/tex]

[tex]259776 = A(0)[1 + 0.03(22)][/tex]

[tex]A(0) = \frac{259776}{1 + 0.03(22)}[/tex]

[tex]A(0) = 156491.6[/tex]

The principal loan amount was of $156,491.6.

A similar problem is given at https://brainly.com/question/13176347


Related Questions

Solve for x in terms of y if 3x - 5 = y.

Answers

Answer:

5/3

Step-by-step explanation:

y= 3x - 5

Replace y with 0

0 = 3x -5

Rewrite the equation as

3x−5=0

Add 5 to both sides of the equation.

3x=5

Divide each term by 3 and simplify.

x = 5/3

Hope this helped :)

resolve this equation

Answers

The expression above can be resolved to become; (5a + b)³

According to the question:

We are required to determine resolve the expression as given in the question.

To resolve the expression given;

We are required to multiply the polynomials as follows;

(5a + b) (25a² + 10ab² + b²)

= 125a³ + 50a²b² + 5ab² + 25a²b + 10ab³ + b³

However; the expression above can be factorised to become;

(5a + b)³

Upon expansion; (5a + b)³ yields the expression gotten earlier;

125a³ + 50a²b² + 5ab² + 25a²b + 10ab³ + b³

Learn more about equation:

https://brainly.com/question/21879915

What is the midline of the function y=19cos(9x+3)+34 ?
plss help mee

Answers

Factor out the horizontal stretch,

Midline of y=cosx is 0

This graph is shifted 34 units up

Midline is 34

The midline of the function is y = 34.

What is a function?

A function has an input and an output.

A function can be one-to-one or onto one.

It simply indicated the relationships between the input and the output.

Example:

f(x) = 2x + 1

f(1) = 2 + 1 = 3

f(2) = 2 x 2 + 1 = 4 + 1 = 5

The outputs of the functions are 3 and 5

The inputs of the function are 1 and 2.

We have,

The midline of a periodic function is the horizontal line that divides the graph of the function into two equal parts.

For a cosine function of the form y = A cos(Bx - C) + D, the midline is given by the equation y = D.

In this case, the function is y = 19cos(9x+3)+34, so the midline is given by the constant term, which is D = 34.

Therefore,

The midline of the function is y = 34.

Learn more about functions here:

https://brainly.com/question/28533782

#SPJ3

y - 2x=4
3x -5y =15 ddddddddddd

Answers

Answer:

Hope this is right and helps :)

Step-by-step explanation:

In a math class, the teacher asked the students to find the approximate value of one of the x-coordinates of a point of intersection of two functions: f(x) = 2x2 − 3x + 4 g(x) = 5x − 1 Her students gave her different answers. Which answer is the most accurate?
A.
0.8
B.
0.9
C.
1.9
D.
1.1

Answers

Answer:

A. 0.8

Step-by-step explanation:

An easy way is to substitute values into both equations and compare:

A. x = 0.8

f(x) = 2(0.8)² - 3(0.8) + 4 = 2.88g(x) = 5(0.8) - 1 = 3

B. x = 0.9

f(x) = 2(0.9)² - 3(0.9) + 4 = 2.92g(x) = 5(0.9) - 1 = 3.5

C. x = 1.9

f(x) = 2(1.9)² - 3(1.9) + 4 = 5.52g(x) = 5(1.9) - 1 = 8.5

D. x = 1.1

f(x) = 2(1.1)² - 3(1.1) + 4 = 3.12g(x) = 5(1.1) - 1 = 4.5

As we see the most accurate one is A

Let's graph both function(Attached)

Let's round 0.775

[tex]\\ \sf\longmapsto 0.775[/tex]

[tex]\\ \sf\longmapsto 0.77[/tex]

[tex]\\ \sf\longmapsto 0.8[/tex]

Option A is correct

Please help asap..
20 POINTS
THX

Answers

Answer:

B

Step-by-step explanation:

we know that the inverse function undoes the original function, there fore we get the answer as the second choice

Answer:

A is correct

Good Luck!!

mary,jose and aldo served a total of 82 orders monday at school cafeteria. mary served 6 more orders than jose. Aldo served 2 times as many orders as mary. how many orders did they each serve?

Answers

Answer:

See down

Step-by-step explanation:

Mary served 22 orders, Jose served 16 orders and Aldo served 44 orders:

(Mary) 22 + (Jose) 16 + (Aldo) 44 = 82

Calculate the volume of the pyramid. Round your answer to the nearest hundredth 10in 7in

Answers

Answer:

Place the numbers in their places. b=base h=height.

Step-by-step explanation:

How do I do this man

Answers

Answer:

D

Step-by-step explanation:

g(x)=[tex]-\sqrt[3]{x-1}[/tex]

Write 34% as a fraction in simplest form

Answers

Answer:

The answer is that the simplest fraction form of 34% is 17/50

Step-by-step explanation:

Both the numerator and denominator of the fraction 34/100 can only be divided by 2, to satisfy creating its simplest form.

34% = 17/50

Have an awesome day! :D

Answer:

[tex]\frac{17}{50}[/tex]

Step-by-step explanation:

To write any fraction as a percent, remember perCENT means per 100. Think of 100 cents in a dollar. So 34 perCENT means 34 of 100, which you write as [tex]\frac{34}{100}[/tex].

Simplest form means to reduce, so you see if there is any number you can divide out of the top and the bottom.

[tex]\frac{34}{100}[/tex] = [tex]\frac{17*2}{50*2}[/tex]= [tex]\frac{17}{50}[/tex]

what is 6/10 plus 4/10

Answers

Answer:

1

Explanation:

[tex] \frac{6}{10} + \frac{4}{10} [/tex]

By taking LCM

We get

[tex] \frac{6 + 4}{10} = \frac{10}{10} = 1[/tex]

Answer:

The answer is 10/10 or just 1.

Step-by-step explanation:

Expand and simplify the following
√3 (√3 - 1)
√5 (√10 + √2)​

Answers

Answer:

3 - [tex]\sqrt{3}[/tex]

10+[tex]\sqrt{10}[/tex]

Step-by-step explanation:

[tex]\sqrt{3}[/tex] ([tex]\sqrt{3}[/tex] - 1) → 3 - [tex]\sqrt{3}[/tex]

[tex]\sqrt{5}[/tex] ([tex]\sqrt{10}[/tex] + [tex]\sqrt{2}[/tex] ) → [tex]\sqrt{50}[/tex] + [tex]\sqrt{10}[/tex] → 2[tex]\sqrt{25}[/tex] + [tex]\sqrt{2}[/tex][tex]\sqrt{5}[/tex] → 2(5)+ [tex]\sqrt{10}[/tex] → 10+[tex]\sqrt{10}[/tex]

Divide 2/3 by 1/5. Simplify your answer and write it as a mixed number.

Answers

Answer:

3.33

Step-by-step explanation:

3.33

mixed number= 3 1/3

Answer:

3 1/3

Step-by-step explanation:

[tex]\frac{\frac{2}{3}}{\frac{1}{5}}[/tex] =

[tex]\frac{2}{3} * \frac{5}{1} = \frac{10}{3}[/tex]

10/3 = 3 1/3

-Chetan K

The list of ordered pairs below represents a function.
{(-12, –8), (-2,7), (0,4), (-4,3)}
Find the range of the function. Write your answer' as a comma separated list.

Answers

Answer:

{-8, 3, 4, 7}

Step-by-step explanation:

range is y values in the ordered pairs

{-8, 3, 4, 7}

What percent of 75 is 15? What percent of 15 is 75? What percent of 48 is 20? What percent of 88 is 88?

Answers

1. 70 is what percent of 15? =20

2. 15 is what percent of 70? =20

3. 48 is what percent of 20? = 41.67

4. 88 is what percent of 88? =100

If an item that originally cost $12 is increased to $16, what is the percentage of increase in the item?

Answers

Answer:

[tex] \rightarrow [/tex] 12.5%

=================================================

Explanation/Solution:

To solve, use the formula:

[tex] \rightarrow \: \rm Percent \: of \: Increase = \frac{Amount \: of \: Increase}{Original \: Amount} \\ [/tex]

Solve.

[tex] \rightarrow \: \rm = \frac{16 - 12}{12} [/tex] Amount of increase: 16 - 12 = 2

[tex] \rightarrow \: \rm = \frac{2}{16} [/tex] Simplify.

[tex] \rightarrow \: \rm = \frac{x}{100} = \frac{1}{8}[/tex] Write the fraction as a percent.

[tex] \rightarrow [/tex]8x = 100 Find the product of the extreme and the means.

[tex] \rightarrow \: \rm = \frac{8x}{8} = \frac{100}{8}[/tex] Divide both sides by 8.

[tex] \rightarrow [/tex]x = 12.5

Therefore, the percentage of increase in the item is 12.5%.

Carrie loves carrots so much that she ate 30 of them for lunch. Her sister doesn’t like carrots as much and only ate 5 of them for lunch. The number of carrots Carrie ate is how many times greater than the number that her sister ate?

Answers

If carrie ate 30 and her sister at 5. To find how many times greater than the number her sister ate we just need to divide the two numbers. 30/5=6.

Which means she at 6 times the amount of carrots than her sister.

left parenthesis negative 2 minus 4 right parenthesis plus left parenthesis 5 minus 10 right parenthesis minus 6 left parenthesis 3 right parenthesis

Answers

Answer:-29

Step-by-step explanation:

(-2-4)+(5-10)-6(3)

-6+-5-18

Pls he’ll I’ll brainlest and add extra points

Answers

4

the other really do not make sense

Answer:

2

Step-by-step explanation:

By the way this is not my work

Answers

Answer:

Use unit converter.

Step-by-step explanation:

Help help help help

Answers

Answer:

a = (3,6)

b = (9,-3)

c = (-12,-6)

Step-by-step explanation:

Multiply the values of the cordinates by the 3.

(1.2)

3,3

a = (3,6)

(3,-1)

3,3

b = (9,-3)

(-4,-2)

3,3

c = (-12,-6)

Try that one C~-12,-6

What is 11% of 96 students

Answers

Answer:

8.7

Step-by-step explanation:

8.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.78.7

What is y, picture below

Answers

Answer:

100 Degrees is the value of y.

Step-by-step explanation:

ALL triangles add up to 180 degrees, and in this figure, 40 degrees is on two of the 3 angles so, 40+40=80, 180-80=100.

100 Degrees = y

One number is six less than a second number. Twice the first is 12 more than 6 times the second. Find the numbers.
The value of the first number is
The value of the second number is

Answers

Answer:

Step-by-step explanation:

Let x be the first number

Let y be the second number

x = y - 6

2x = 12 + 6y

2(y - 6) = 12 + 6y

2y - 12 = 12 + 6y

-4y = 24

y = -6

x = -6 - 6 = -12

Describe in words a sequence of transformations that maps ABC to A' B' C
Write an ordered-pair rule for this sequence of transformations.

Answers

Answer:

A reflection over the y-axis followed by a translation 4 units down

Step-by-step explanation:

hope this helps!

GEOMETRY HOMEWORK HELP! PLS!!

Answers

Answer:

x = 37°

Step-by-step explanation:

Given the triangle with two given exterior angles, m ∠107° and m ∠110°:

We can use the exterior angle theorem where it states that the measure of each exterior angle of a triangle is equal to the sum of the measures of the opposite and remote interior angles.

Start by finding the supplement of m ∠110°, that will serve as the other remote interior angle.

The supplement of ∠110° is:

∠110° + y  = 180°

Where y = represents the other unknown interior angle.

Subtract ∠110° from both sides:

∠110° - ∠110°  + y  = 180° - ∠110°

y =  70°

Therefore, the other remote interior angle is y = 70°. Now, we can determine the value of x by establishing the following equation:

107° = x° + 70°

Subtract 70 from both sides:

107° - 70° = x° + 70°- 70°

x = 37°      

Compute​ r, the correlation​ coefficient, using the following data.

Answers

Answer:

The r=.950

Step-by-step explanation:

Marks brother is five years older than mark. Their combined ages add up to 23. How old is mark?

Answers

Answer:Mark would be 11

Step-by-step explanation: If we divide 23 and 2 because there's two people we would get 11.5. Now subtract 11.5 by 5 which is 11. Mark is 11 years old. Good luck!

Which name is a correct way to name the tiling?

Answers

Answer:

sowing, I'm not sure about the exact answer

Answer:

6^3

Step-by-step explanation:

Which two triangles are congruent by the SAS Theorem?

Answers

Answer:

triangle ABC and triangle HFG, I know it is filled out as DCE, but I don't see any triangle DCE

Step-by-step explanation:

check the sides and the angles

Other Questions
Corey concluded that the remainder of (3x3 + 8x2 - 4x - 3) + (x + 2) is 45.What error did he make? moreeeeee hellllllpppppppppplz:D PLEASE HELP WILL GIVE BRAINLIEST. Question 1 (3 points) Read the following excerpt from Chief Joseph's speech "I will fight no more forever": Tell General Howard that I know his heart. What he told me before I have in my heart. I am tired of fighting. Our chiefs are killed. Looking Glass is dead, Tu-hul-hil-sote is dead. The old men are all dead. It is the young men who now say yes or no. He who led the young men [Joseph's brother Alikut] is dead. It is cold and we have no blankets. The little children are freezing to death.Which of the following options is not true of the author's tone conveyed in the words quoted above?*Tone: the author's attitude toward the topic or subject.Question 1 options:The tone of the speech is one of subdued resignation and is tinged with bitterness. This tone is angry and vengeful in promising retribution for wrongs.This tone is not angry. This tone is appropriate for a speech given is defeated man who wants to avoid further vengeance or punishment.Question 2 (3 points) Read the following excerpt again from Chief Joseph's speech "I will fight no more forever":Tell General Howard that I know his heart. What he told me before I have in my heart. I am tired of fighting. Our chiefs are killed. Looking Glass is dead, Tu-hul-hil-sote is dead. The old men are all dead. It is the young men who now say yes or no. He who led the young men [Joseph's brother Alikut] is dead. It is cold and we have no blankets. The little children are freezing to death.How which of the following best sums up the language of the speech?Question 2 options:The language of the speech is flowery and ceremonial, explaining the reasons for ending the fight.The language of the speech is lackadaisical, showing carelessness and numbness. The language of the speech is blunt and direct, explaining the reasons for ending the fight.The language of the speech is fiery and vengeful, enumerating the wrongs the Nez Perce have endured.Question 3 (3 points) Read the following excerpt again from Chief Joseph's speech "I will fight no more forever":Tell General Howard that I know his heart. What he told me before I have in my heart. I am tired of fighting. Our chiefs are killed. Looking Glass is dead, Tu-hul-hil-sote is dead. The old men are all dead. It is the young men who now say yes or no. He who led the young men [Joseph's brother Alikut] is dead. It is cold and we have no blankets. The little children are freezing to death.How which of the following best sums up the elements of realism and naturalism expressed in the second half of the speech.Question 3 options:The realistic language makes plain the uncertain, sad future faced by the Nez Perce as a result of battle and cold weather.The children are described as freezing to death. The harsh environment has shaped their situation and taken their survival out of their hands.All of the above express elements of realism and naturalism.Question 4 (3 points) The final lines of Chief Joseph's speech are its most famous. They read as follows: "Hear me, my Chiefs, I am tired; my heart is sick and sad. From where the sun now stands I will fight no more forever."Which of the following describes Chief Joseph's last famous words from this speech (quoted above).Question 4 options:Chief Joseph's words are not tinged with fear of further fighting; rather, they are the result of an honest appraisal of the situation his people face.He has assessed what has happened and recognized that any hope of victory is gone. Surrendering allows him to protect his people and increase their chance of survival at a time when continuing to fight would have meant only defeat and total destruction.All of the above are true of Chief Joseph's words.Question 5 (3 points) What is the purpose of "I Will Fight No More Forever"?Question 5 options:to accuse federal troops of breaking agreements with the Nez Perceto explain that the Nez Perce are surrendering to protect their people to announce Chief Joseph's decision to step down as leader of the Nez Perceto remind the Nez Perce of the reasons why they are resisting What were some reasons given in favor of continuing the practice of slavery?1.African-Americans liked being slaves, so the practice should continue.2.African-Americans were not interested in competing for jobs with poor white Southerners, and would rather be slaves.3.Southerners stated that with factories widespread in the South, slaves were needed to work there.4.Southerners stated that slavery was both moral because it was practiced in biblical times, and financially necessary for the economy of the country. A leading global vendor of computer software, hardware for computer, mobile and gaming systems, andcloud services. Its corporate headquarters is located in Redmond, Washington, and it has offices in morethan 60 countriesAppleMicrosoftIBMGlobal Impact you are removing a hot pan of cookies from the oven, using a pot holder. suddenly, you feel a surge of heat through the pot holder. why dont you react by dropping the baking pan and spilling cookies all over the floor? Imagine you are running a bank and you are deciding how much of your funds to deposit with the Fed. Your alternative to depositing funds with the Fed is to lend them to businesses and individuals. What are you likely to do if the Federal Reserve increases the interest rate that it pays on your deposits with them pls someone help me with this ixl question Please answer this question I really need answer what is the largest factor that can be identified in the fraction 102/150A. 6B. 7C. 11 Which functions have a vertex with a x-value of 0? select three options. A farmer wants to increase the area of His rectangular pen but keep the pen a rectangular shape. He decides to a 5.7 yards of fencingto the width of the pen but the length will remain 9.5 yards. The new area will be 77.9 square yards.Which can be used to determine the original width of the pen?5.7 (W+9.5) = 77.9S952199.5 (W + 5.7) = 77.9 17. A store is advertising the following sale: [Tomato Soup-- 4cans for $0.98] To the nearest cent, how much would five cans of tomato soup cost? (show work to prove answer) (A)- $0.25 (B)- $1.23 (C)- $2.45 (D)- $4.90 The sale price of a swimming pool after a 18.5% discount is $1189.90. Find the original list price of the pool. f(3) if f(x) = 2x+2 helpppppppppppppppppp The Gulf of Mexico is located The Pacific Ocean is located The Caribbean Sea is located So if y varies directly as x, and y=21 when x=3. What is x when y=42? 17.)which of the following shows physical change? A.formation of bubbles B.absorption of heat C.change in state D.formation of a new productplss help me sa science po itoo How many different types of tissue cells are there in humans?A. 2,000B. 20,000C. 20D. 200 cash receipts and cash payments for transactions relating to revenue and expense activities are classified on the statement of cash flows as