Examine the loan amortization table for a $210,000, 15-year mortgage with an APR of 3.8%. The borrower paid an extra $100 each month towards the principal.
Determine the missing amounts.

Examine The Loan Amortization Table For A $210,000, 15-year Mortgage With An APR Of 3.8%. The Borrower

Answers

Answer 1

Using a loan amortization calculator, we can generate a table that shows the borrower's monthly payments, the interest paid, the principal paid, and the remaining balance after each payment.

What is equation?

An equation in mathematics is a statement that states the equality of two expressions. An equation is made up of two sides that are separated by an algebraic equation (=). For example, the argument "2x + 3 = 9" asserts that the phrase "2x + 3" equals the value "9."

Using a loan amortization calculator, we can generate a table that shows the borrower's monthly payments, the interest paid, the principal paid, and the remaining balance after each payment. Here is the loan amortization table for the $210,000, 15-year mortgage with an APR of 3.8%, assuming the borrower pays an extra $100 towards the principal each month:

Month Payment Interest Paid Principal Paid Extra Principal Paid Remaining Balance

1 $1,529 $662 $297 $100 $209,703

2 $1,529 $657 $301 $100 $209,402

3 $1,529 $652 $306 $100 $209,096

4 $1,529 $647 $311 $100 $208,783

5 $1,529 $642 $316 $100 $208,463

6 $1,529 $637 $321 $100 $208,137

7 $1,529 $632 $326 $100 $207,803

8 $1,529 $627 $331 $100 $207,463

9 $1,529 $622 $336 $100 $207,116

10 $1,529 $617 $341 $100 $206,762

11 $1,529 $611 $347 $100 $206,411

12 $1,529 $606 $352 $100 $206,052

13 $1,529 $601 $357 $100 $205,686

14 $1,529 $596 $362 $100 $205,322

15 $1,529 $590 $368 $100 $204,950

16 $1,529 $585 $373 $100 $204,570

17 $1,529 $580 $378 $100 $204,182

18 $1,529 $574 $384 $100 $203,787

19 $1,529 $569 $389 $100 $203,383

20 $1,529 $563 $395 $100 $202,972

21 $1,529 $558 $400 $100 $202,552

22 $1,529 $552 $406 $100 $202,125

23 $1,529 $547 $411  

To know more about payment. visit:

https://brainly.com/question/15136793

#SPJ1


Related Questions

Joe's Diner serves omelets all day long. Joe gets his shipment of eggs each morning. After Joe makes one omelet he has 177 eggs remaining, after two omelets he has 174 eggs remaining, and after making 3 omelets he has 171 eggs remaining.
(1) What type of sequence is represented in this scenario?
(2) Write a recursive formula to show the mumber of remaining eggs after each omelet is made.
(3) Write an explicit formula to show the number of remaining eggs after each omelet is made.
(4) How many eggs will Joe have left after he makes 42 omelets?

Answers

Answer: (1) The scenario represents an arithmetic sequence because each time an omelet is made, the number of remaining eggs decreases by the same amount.

(2) Let's denote the number of remaining eggs after making the n-th omelet by a_n. We can see from the problem statement that the difference between any two consecutive terms in the sequence is constant. Let d be a common difference. Then, we have:

a_{n+1} = a_n - d

Using the information from the problem statement, we can find the value of d:

a_2 - a_1 = 174 - 177 = -3

a_3 - a_2 = 171 - 174 = -3

Since the difference is the same in both cases, we have d = -3. Therefore, the recursive formula is:

a_{n+1} = a_n - 3, with a_1 = 177.

(3) To find an explicit formula, we can use the recursive formula to derive a general expression for a_n. Starting with the recursive formula, we have:

a_2 = a_1 - 3

a_3 = a_2 - 3 = a_1 - 23

a_4 = a_3 - 3 = a_1 - 33

a_5 = a_4 - 3 = a_1 - 4*3

We can see that the general expression for a_n is:

a_n = a_1 - (n-1)*3

Substituting a_1 = 177, we get:

a_n = 180 - 3n

Therefore, the explicit formula for the number of remaining eggs after making the n-th omelet is a_n = 180 - 3n.

(4) To find the number of eggs Joe will have left after making 42 omelets, we can simply substitute n = 42 into the explicit formula:

a_{42} = 180 - 3*42 = 54

Therefore, Joe will have 54 eggs left after making 42 omelets.

Step-by-step explanation:

Rowan is taking his siblings to get ice cream. they can't decide whether to get a cone or a cup because they want to get the most ice cream for their money. if w = 2.5 in, x = 5 in, y = 5 in, z = 3 in, and the cone and cup are filled evenly to the top with no overlap, which container will hold the most ice cream? use 3.14 for π, and round your answer to the nearest tenth. a cone with a height of x and a radius of w, a cylinder with a diameter of y and a height of z the cup holds 26.2 in3 more ice cream than the cone. the cone holds 26.2 in3 more ice cream than the cup. the cup holds 32.7 in3 more ice cream than the cone. the cone holds 32.7 in3 more ice cream than the cup.

Answers

Rowan should get the ice cream in a cup as the cup holds 26.2 in3 more ice cream than the cone.

First, we need to find the volume of ice cream that the cone holds:

we can use the formula for volume, we get:

Volume = π × r² × h/3

when we put the values in the formula, we get:

Volume = 3.14 × 2.5² × 5/3

solving the problem, we get:

Volume =32.7 inches³

Now we need to find the volume of ice cream that the cup holds,

we use the formula of volume, we get:

Volume = π × r² × h

Diameter = 5 inches ⇒ Radius = 2.5 inches

(since we know that the radius is the exact half of the diameter)

when we put the values in the formula, we get:

Volume = 3.14 × 2.5² × 3

Volume =58.9 inches³

Now that we have both the values, we can easily find the difference:

Volume of the cup - volume of the cone = 58.9 - 32.7 = 26.2 inches³

The cup holds 26.2 in³ more ice cream than the cone.

To learn more about Volume, click here:

brainly.com/question/1578538

#SPJ4

Below are the 5 warmest and coldest temperatures recorded in DC last year.

WARMEST: 98, 97, 102, 98, 97

COLDEST: 12, 14, 9, 7, 12

What is the difference between the mean of the warmest and coldest days recorded? (enter your answer below)

Answers

87.6  is the difference between the mean of the warmest and coldest days recorded.

What is the mean called in statistics?

By summing all the numbers in a data collection and dividing by the total number of values in the set, one can determine the mean (average) of the data set. When a data collection is ranked from least to greatest, the median is the midpoint. 

WARMEST: 98, 97, 102, 98, 97

                = 97, 97 , 98 , 98 , 102

               = 97 + 97 + 98 + 98 + 102/5

                 = 492/5 = 98.4

COLDEST: 12, 14, 9, 7, 12

               = 7 , 9 , 12 ,12,  14

              =  54/5

               = 10.8

the difference between the mean of the warmest and coldest days recorded    =   98.4 - 10.8

                  =  87.6

Learn more about the mean

brainly.com/question/31101410

#SPJ1

The sum of the interior angles of an octagon is:
0000
1080°.
180°.
360°.
720⁰.

Answers

Answer:

1080°

Step-by-step explanation:

Let n = the number of sides    

(n-2)180

(8-2)180

6(180) =  1080

Helping in the name of Jesus.                        

there are 15 different colored marbles in a bag and you have one six-sided die. if you roll the die and choose a marble, how many possible combinations of marble color and die number are possible?

Answers

There are 90 possible combinations of marble color and die number that are possible from a bag of 15 different colored marbles and rolling one six-sided die.

This can be determined using the multiplication principle of counting.

The multiplication principle of counting can be used to find the number of ways two or more tasks can be performed together. The principle states that if there are m ways to perform task A and n ways to perform task B, then there are m × n ways to perform both tasks A and B.

To apply the multiplication principle of counting to this problem, we need to determine the number of ways the die can land and the number of ways a marble can be chosen. There are six possible outcomes of rolling a six-sided die, and there are 15 different colored marbles to choose from. Thus, the number of possible combinations of marble color and die number is: 15 different colored marbles × 6 possible die numbers= 90 possible combinations.

To know more about possible combinations: https://brainly.com/question/29089154

#SPJ11

when the decimal point of a certain positive decimal number is moved four places to the right, the new number is four times the reciprocal of the original number. what is the orignal number?

Answers

If the new number is four times the reciprocal of the original number, then  the original number is 0.02.

Let us assume the original positive decimal number is = "x".

When we move the decimal point of x four places to the right,

We get,  "10000x", which is four times the reciprocal of x.

So, equation can be written as;

⇒ 10000x = 4(1/x),

On simplifying the equation,

We get,

⇒ 10000x² = 4,

Dividing both sides by 10000,

We get,

⇒ x² = 0.0004,

Simplifying further,

We get,

⇒ x = 0.02

Therefore, the original positive decimal number is 0.02.

Learn more about Decimal Number here

https://brainly.com/question/4708407

#SPJ4

PLEASE CAN SOMEONE HELP ME WITH THIS

Answers

The pricing for purchasing apples from the orchard, stating that for the first 10 pounds, the price is $2 per pound, and for each additional pound, the price is $1 per pound.

What is the unit price?

In order to find the unit price of a certain item, we just need to divide the total price paid (or total cost) by the amount of items bought.

If Anne buys less than or equal to 10 pounds of apples from David's Apple Orchard, then she will pay $2 per pound.

If she buys more than 10 pounds, then she will pay $1 per pound for each additional pound after the first 10 pounds.

To buy apples from David's Apple Orchard, Anne has to follow these rules

For the first 10 pounds of apples, she will pay $2 per pound.

For each additional pound of apples after the first 10 pounds, she will pay $1 per pound.

Hence, the pricing for purchasing apples from the orchard, stating that for the first 10 pounds, the price is $2 per pound, and for each additional pound, the price is $1 per pound.

To learn more about the unit price visit:

https://brainly.com/question/29023044

#SPJ1

Math help . Find x in the problem please

Answers

Answer:

x=56 feet

Step-by-step explanation:

This problem uses trigonometry.

Tangent of an angle equals opposite/adjacent.

Tan(35)=(x/80)

(.700)=(x/80)

(80)(.700)=x

56.0166=x

<
How much water should be added to 1 gallon of pure antifreeze to obtain a solution that is 95% antifreeze?
To obtain a 95% antifreeze solution,
(Simplify your answer.)
***
gallon(s) of water should be added.
4

Answers

Therefore, we need to add approximately 0.0526 gallons of water (which is equivalent to about 6.63 fluid ounces) to 1 gallon of pure antifreeze to obtain a solution that is 95% antifreeze.

What is equation?

In mathematics, an equation is a statement that asserts the equality of two expressions. An equation typically consists of one or more variables, coefficients, and constants, and it can include mathematical operations such as addition, subtraction, multiplication, and division. The expressions on both sides of the equation are separated by an equal sign, indicating that they have the same value. The goal of solving an equation is to determine the value of the variables that make the equation true. Equations are used in many areas of mathematics and science to model real-world phenomena and solve problems.

Here,

Let's assume that we need to add x gallons of water to 1 gallon of pure antifreeze to obtain a solution that is 95% antifreeze. We know that the final solution will contain 1 gallon of antifreeze, and that this will be 95% of the total solution (the remaining 5% will be water). So, we can write:

1 gallon of antifreeze = 95% of (1 gallon of antifreeze + x gallons of water)

We can simplify this equation by converting 95% to a decimal:

0.95 × (1 gallon of antifreeze + x gallons of water) = 1 gallon of antifreeze

Now we can solve for x by isolating it on one side of the equation. First, let's distribute the 0.95:

0.95 gallons of antifreeze + 0.95x gallons of water = 1 gallon of antifreeze

Next, let's isolate x by subtracting 0.95 gallons of antifreeze from both sides:

0.95x gallons of water = 0.05 gallons of antifreeze

Finally, we can solve for x by dividing both sides by 0.95:

x = 0.05 gallons of antifreeze ÷ 0.95

x ≈ 0.0526 gallons of water

To know more about equation,

https://brainly.com/question/28243079

#SPJ1

An electrician leans an extension ladder against the outside wall of a house so that it reaches an electric box 31 feet up. The ladder makes an angle of 78 degrees with the ground. Find the length of the ladder

Answers

The length of the ladder can be calculated using trigonometry as 31/sin 78.

The length of the ladder can be calculated using trigonometry. First, use the given information to draw a diagram. The angle of 78 degrees forms the angle of the ladder relative to the ground, and the side opposite of this angle is the length of the ladder. The side adjacent to the angle is the height of the electric box, which is given as 31 feet.

Now, use the sine function to calculate the length of the ladder. The sine function relates the ratio of the opposite side to the hypotenuse, so the equation is 31/sin 78.

Plugging this equation into a calculator will give the length of the ladder as approximately 51.7 feet.

Learn more about length here

https://brainly.com/question/30625256

#SPJ4

If, in a (two-tail) hypothesis test, the p-value is 0.0308, what is your statistical decision if you test the null hypothesis at the 0.08 level of significance? choose the correct answer below? Since the p-value is less than alpha, do not reject H_0. Since the p-value is greater than alpha, do not reject H_0. Since the p-value is less than alpha, reject H_0. Since the p-value is greater than alpha, reject H_0.

Answers

When the p-value is less than alpha, reject H_0.

What is a two-tailed hypothesis test?

When you conduct a two-tailed hypothesis test, you check if the sample falls outside of the two critical regions. You make use of a two-tailed test if you are required to check both sides of the data.

For example, in a two-tailed hypothesis test, suppose the null hypothesis is that a coin is fair. This means that you expect the coin to be heads half of the time and tails half of the time.

The alternative hypothesis is that the coin is biased. This means that it will be heads more than half of the time or tails more than half of the time.If you get a p-value that is less than your alpha, you can reject the null hypothesis.

Learn more about p-value at

https://brainly.com/question/30461126

#SPJ11

can someone please help me with ??!!

Answers

The statement "The value is decreasing $207 per year" best explains how the value is changing. This is because the function shows that the value is decreasing linearly with time, at a rate of $82 per year. Therefore, over t years, the value will decrease by 82t dollars. For example, after one year, the value will decrease by $82, and after two years, it will decrease by $164.

Now check

Hi can someone help me with my math hw? can you solve it on paper pls?

Answers

[tex]\qquad \textit{Amount for Exponential Growth} \\\\ A=P(1 + r)^t\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{initial amount}\dotfill &50000\\ r=rate\to 5\%\to \frac{5}{100}\dotfill &0.05\\ t=years\\ \end{cases} \\\\\\ A = 50000(1 + 0.05)^{t} \implies A=50000(1.05)^t \\\\[-0.35em] ~\dotfill[/tex]

[tex]\stackrel{\textit{in 2017, 7 years later}}{A=50000(1.05)^7\implies A\approx 70355} \\\\\\ \stackrel{\textit{in 2020, 10 years later}}{A=50000(1.05)^{10}\implies A\approx 81444} \\\\\\ \stackrel{\textit{in 2030, 20 years later}}{A=50000(1.05)^{20}\implies A\approx 132664}[/tex]

Tiffany and Clara work as lifeguards at a community pool during the summer. The table shows Tiffany's earnings and the graph shows Clara's earnings for working different numbers of hours. Who is earning money at a faster rate? How much more per hour does that person earn?

Answers

Clara is earning money at a faster rate than Tiffany, with a difference of $4 per hour.

Define the term graph?

A graph in x-y axis plot is a visual representation of mathematical functions or data points on a Cartesian coordinate system.

To determine who is earning money at a faster rate, we need to calculate the hourly earnings for each person.

For Tiffany, the hourly earnings can be calculated as follows:

Hourly earnings = Earnings / Time

Hourly earnings = 40 / 5 = 8

Hourly earnings = 80 / 10 = 8

Hourly earnings = 120 / 15 = 8

So, Tiffany's hourly earnings are a constant $8 per hour.

For Clara, we can estimate her hourly earnings from the graph. The graph shows that Clara earns $60 for 5 hours of work, $120 for 10 hours of work, and $180 for 15 hours of work. Therefore, her hourly earnings can be calculated as follows:

Hourly earnings = Earnings / Time

Hourly earnings = 60 / 5 = 12

Hourly earnings = 120 / 10 = 12

Hourly earnings = 180 / 15 = 12

So, Clara's hourly earnings are a constant $12 per hour.

Thus, Clara is earning money at a faster rate than Tiffany, with a difference of $4 per hour.

To know more about plot, visit:

https://brainly.com/question/30195492

#SPJ1

Complete question-

your recipe calls for 3 tablespoons of milk, but you are planning to quadruple your recipe and will truly need 12 tablespoons. you decide it may be easier to convert the tablespoons to cups than to measure 12 tablespoons. how many cups of milk will you need?

Answers

You will need 0.75 cups of milk when quadrupling the recipe.

When quadrupling the recipe, you would need 12 tablespoons of milk. To make the calculations easier, it is more efficient to convert the tablespoons to cups. So, the question is how many cups of milk will you need? We know that there are 16 tablespoons in a cup. Therefore, we can find how many cups of milk you will need as follows:

12 tablespoons = (12/16) cups

12 tablespoons  =  0.75 cups

So, you would need 0.75 cups of milk when quadrupling the recipe.

To learn more about tablespoons to cups visit : https://brainly.com/question/29004185

#SPJ11

=
(7−4n)⋅6 equation’s

Answers

Answer:

-17

Step-by-step explanation:

1st step =7-4 X 6

2nd step =7-24

3rd step =-17

What is the graph of the equation x=5

Answers

The graph of x=5 is a line parallel to the y-axis, with x-coordinate 5 at all points.

What is the vertical line?

A vertical line is a straight line that is perpendicular to the horizontal line and goes straight up and down in a two-dimensional coordinate system.

The graph of the equation x=5 is a vertical line passing through the point (5, y) for all values of y.

This is because no matter what value y takes, x will always be equal to 5.

Here's in image example of what the graph of x=5 would look like:

As you can see in the image attached, the line is vertical and intersects the x-axis at x=5.

Therefore, the graph of x=5 is a line parallel to the y-axis, with x-coordinate 5 at all points.

To learn more about the vertical line visit:

https://brainly.com/question/1821791

#SPJ1

Supply the maxima set from the following set of points:
{(7, 2),(3, 1),(9, 3),(4, 5),(1, 4),(6, 9),(2, 6),(5, 7),(8, 6)}

Answers

Maxima set is {(6, 9)}.

How to find Maxima set?

To find the maxima set from the given set of points, we need to identify the points with the highest y-values.

Step 1: Examine the y-values of the given points.

(7, 2), (3, 1), (9, 3), (4, 5), (1, 4), (6, 9), (2, 6), (5, 7), (8, 6)

Step 2: Identify the highest y-value among the points.

In this case, the highest y-value is 9.

Step 3: Find the points with the highest y-value.

There is one point with a y-value of 9: (6, 9)

Step 4: Create the maxima set.

The maxima set consists of the point(s) with the highest y-value: {(6, 9)}

So the maxima set is {(6, 9)}.

Learn more about maxima set.

brainly.com/question/17032155

#SPJ11

what is the minimum vertical ceiling height to play indoor volleyball?

Answers

Answer:

USA Volleyball specifies a minimum ceiling height of 23′ for nationally sanctioned competition.

Step-by-step explanation:

its height regulation of how tall the ceiling should be

QUESTION IS ON PHOTO!!! HURRY!!!!

Answers

The function F(x)'s valid domain is therefore (-, -3), (-3, -2), and (-2, ).

How is domain determined?

We enter each value of x into the function and simplify as follows in order to evaluate the function F(x) at the values of the supplied domain:

[tex]F(-3) = (2(-3) + 6)/((-3)^2 + 5(-3) + 6) = 0/0[/tex] (undefined) (undefined)

[tex]F(-2) = (2(-2) + 6)/((-2)^2 + 5(-2) + 6) = 0/0[/tex](undefined) (undefined)

[tex]F(0) = (2(0) + 6)/(0^2 + 5(0) + 6) = 1[/tex]

[tex]F(2) = (2(2) + 6)/(2^2 + 5(2) + 6) = 2/3[/tex]

[tex]F(3) = (2(3) + 6)/(3^2 + 5(3) + 6) = 2/4 = 1/2[/tex]

The function is undefined at x=-3 and x=-2 because the fraction's

denominator is zero at these points, and division by zero is undefined, as can be seen from the aforementioned evaluations. All real numbers, with the exception of -3 and -2, fall inside the given function's valid domain.

The function F(x)'s valid domain is therefore (-, -3), (-3, -2), and (-2, ).

Learn more about domain here:

brainly.com/question/28135761

#SPJ1

Solve for k. -4 =-(-k-86) + 10
k=​

Answers

As a result, the answer is k = -100 a

what is linear equation ?

A linear equation is one in which the variable's highest power is always 1. An additional name for it is a one-degree equation. The most common form of a linear equation with just one variable is Ax + B = 0. In this case, B is constant, A is a coefficient, and x is a variable.

given

Increasing the right side of the equation results in:

Because -(-x) = x, -4 = -(-k-86) + 10 translates to k + 86 + 4.

-4 = k + 96

By taking 96 away from both sides, we get at:

-4 - 96 = k + 96 - 96

-100 = k

As a result, the answer is k = -100 .

know more about equation visit :

https://brainly.com/question/29657983

#SPJ9

Find the cross product a ⨯

b. A = 4, 5, 0 , b = 1, 0, 3 verify that it is orthogonal to both a and

b. (a ⨯

b. · a = (a ⨯

b. · b =

Answers

Answer:

cross product {15, -12, -5}dot products with 'a' and 'b': 0 and 0

Step-by-step explanation:

For vectors a = {4, 5, 0} and b = {1, 0, 3}, you want the cross product and verification that the cross product is orthogonal to both 'a' and 'b'.

Cross product

The cross product of 4i+5j+0k and 1i+0j+3k is the determinant ...

  [tex]\left|\begin{array}{ccc}i&j&k\\4&5&0\\1&0&3\end{array}\right|=15i-12j-5k[/tex]

As a list of coefficients, the cross product is c = {15, -12, -5}.

Orthogonal

Vectors are orthogonal if their dot product is 0.

  a·c = {4, 5, 0}·{15, -12, -5} = (4·15) -(5·12) +(0·(-5)) = 60 -60 = 0

  b·c = {1, 0, 3}·{15, -12, -5} = (1·15) +(0·(-12)) +(3·(-5)) = 15 -15 = 0

The dot products are both zero, so the cross product is orthogonal to both of the vectors that created it.

Final answer:

The cross product of vectors a and b is 15i - 12j - 5k. To verify if it is orthogonal to both a and b, we calculate the dot products and find that they both equal zero.

Explanation:

The cross product of vectors a and b is given by:

a ⨯ b = (aybz - azby)i + (azbx - axbz)j + (axby - aybx)k

Calculating the cross product of a and b using the given values:a ⨯ b = (5)(3) - (0)(0)i + (0)(1) - (4)(3)j + (4)(0) - (5)(1)k = 15i - 12j - 5k

To verify if the cross product is orthogonal to both a and b, we calculate the dot products:

(a ⨯ b) · a = (15)(4) + (-12)(5) + (-5)(0) = 0

(a ⨯ b) · b = (15)(1) + (-12)(0) + (-5)(3) = 0

Since both dot products equal zero, we can conclude that the cross product a ⨯ b is orthogonal to both a and b.

Learn more about Cross Product of Vectors here:

https://brainly.com/question/32813553

#SPJ2

2 [x² + 2x + 1] - x²-4x+4 = x²-3x​

Answers

The solution for the equation given would be x = 2 and x = -1.

How to find the solution to the equation?

To solve the equation 2[x² + 2x + 1] - x² - 4x + 4 = x² - 3x, we can simplify and rearrange the terms as follows:

2x² + 4x + 2 - x² - 4x + 4 = x² - 3x

x² - 3x + 6 = x² - 3x

2x² - 2x - 6 = 0

Dividing both sides by 2, we get:

x² - x - 3 = 0

We can then solve for x by factoring or using the quadratic formula. Factoring gives:

(x - 2)(x + 1) = 0

So, the solutions are x = 2 and x = -1.

Find out more on equations at https://brainly.com/question/30164833

#SPJ1

What the median of 11, 31, 17, 22, 18, 25, 25, 10, 15, 12, 30, 12, 29, 25, 21, 32, 30, 25

Answers

Answer:

What is the median of - 11, 31, 17, 22, 18, 25, 25, 10, 15, 12, 30, 12, 29, 25, 21, 32, 30, 25?

10, 11, 12, 12, 15, 17, 18, 21, 22, 25, 25, 25, 25, 29, 30, 30, 31, 32

25 + 25

= 50

50 ÷ 2

= 25

Step-by-step explanation:

You're welcome.

PLEASE HELPPP WITH MY MATHS ASSIGNMENT

Answers

a) The accumulated amount or future value of investing $150 on the first day of each month at 6% compounded monthly for 40 years is $274,152.43.

b) , The future value of the investment after 40 years at an annual interest rate of 4%, compounded semi-annually, is $9,054.60.


What is the explanation for the above response?

a)

N = 40 years * 12 months = 480 months

I% = 6% per year / 12 months = 0.5% per month

PV = $0 (since we are not investing any money initially)

PMT = $150

FV = ?

P/Y = 1 (payments made monthly)

C/Y = 12 (compounded monthly)

Using the formula for future value of an annuity:

FV = PMT * ((1 + I%)^(N) - 1) / I%

FV = $150 * ((1 + 0.5%)^(480) - 1) / 0.5%

FV = $274,152.43

Therefore, the accumulated amount or future value of investing $150 on the first day of each month at 6% compounded monthly for 40 years is $274,152.43.


b)
Given information:

PV (present value) = $900

I% (annual interest rate) = 4%

P/Y (payments per year) = 1 (since the investment is compounded semi-annually)

C/Y (compounding periods per year) = 2

N (number of periods) = 40 years * 2 (since interest is compounded twice a year) = 80


Using the compound interest formula:

FV = PV * (1 + (I%/C/Y))^(N*C/Y)

FV = $900 * (1 + (4%/2))^(80*2)

FV = $900 * (1.02)¹⁶⁰

FV = $900 * 10.06

FV = $9,054.60


Therefore, the future value of the investment after 40 years at an annual interest rate of 4%, compounded semi-annually, is $9,054.60.

PMT (payment per period) cannot be calculated since no periodic payments are mentioned in the given information.

Learn more about Future Value at:

https://brainly.com/question/14860893

#SPJ1

For a role-playing game, Nikia randomly selects a team card and a character card. The teams are air, fire, land, and water. The characters are healer, spy, and thief. Nikia's favorite team is air and her favorite character is spy. How many outcomes are there? (Hint-Use a tree diagram, table, or list)

Answers

Answer:

To determine the number of outcomes for Nikia's random selection of a team card and a character card for a role-playing game, we can use a tree diagram, table, or list.

There are four possible teams: air, fire, land, and water. Once a team card is selected, there are three possible character cards: healer, spy, and thief. Therefore, the total number of outcomes is the product of the number of options for each selection, which is:

4 (number of team options) x 3 (number of character options) = 12

So there are 12 possible outcomes for Nikia's random selection of a team card and a character card. However, since Nikia has specified that her favorite team is air and her favorite character is spy, the number of outcomes that would satisfy her preferences is:

1 (air team) x 1 (spy character) = 1

Therefore, only one outcome would satisfy Nikia's preferences.

10
18
10+2x
2y+4
What is the value of x?
a) 3
b) 4
c) 6
d) 8

Answers

Answer = (b) 4

━━━━━━━━━━━━━━━━━━━━━━

We Know ::

In a Rectangle,

➸ Opposite Sides are Equal

So ::

[tex]\begin{gathered} \\ \\ \begin{gathered} \; \; :\longmapsto \; \sf{10 + 2x = 18} \\ \\ \end{gathered}\end{gathered}[/tex]

[tex]\begin{gathered} \\ \begin{gathered} \; \; :\longmapsto \; \sf{2x = 18 - 10} \\ \\ \end{gathered}\end{gathered}[/tex]

[tex]\begin{gathered} \\ \begin{gathered} \; \; :\longmapsto \; \sf{2x = 8} \\ \\ \end{gathered}\end{gathered}[/tex]

[tex]\begin{gathered} \\ \begin{gathered} \; \; :\longmapsto \; \sf{x = \cancel{\dfrac{8}{2}}} \\ \\ \end{gathered}\end{gathered}[/tex]

[tex]\begin{gathered}\begin{gathered} \; \; :\longmapsto \;\underline{\boxed{\sf{\pmb{x = 4}}}} \; \pmb{\red{\bigstar}} \\ \\ \end{gathered}\end{gathered}[/tex]

[tex]\begin{gathered} \\ \qquad{\rule{100pt}{10pt}} \end{gathered}[/tex]

Also ::

[tex]\begin{gathered} \\ \\ \begin{gathered} \; \; :\longmapsto \; \sf{2y + 4 = 10} \\ \\ \end{gathered}\end{gathered}[/tex]

[tex]\begin{gathered} \\ \begin{gathered} \; \; :\longmapsto \; \sf{2y = 10 - 4} \\ \\ \end{gathered}\end{gathered}[/tex]

[tex]\begin{gathered} \\ \begin{gathered} \; \; :\longmapsto \; \sf{2y = 6} \\ \\ \end{gathered}\end{gathered}[/tex]

[tex]\begin{gathered} \\ \begin{gathered} \; \; :\longmapsto \; \sf{y = \cancel{\dfrac{6}{2}}} \\ \\ \end{gathered}\end{gathered}[/tex]

[tex]\begin{gathered}\begin{gathered} \; \; :\longmapsto \;\underline{\boxed{\sf{\pmb{y = 3}}}} \; \pmb{\red{\bigstar}} \\ \\ \end{gathered}\end{gathered}[/tex]

[tex]\begin{gathered}\begin{gathered} \\ {\underline{\rule{170pt}{9pt}}} \end{gathered}\end{gathered}[/tex]

Which represents the solution to the inequality x6. 2≥ −2 ? x ≥ 12. 4 x ≥ −12. 4 x ≤ −12. 4

Answers

The inequality x/6.2 ≥ -2 is solved by multiplying both sides by 6.2 to get x ≥ -12.4, which means x is greater than or equal to 12.4.

To solve the inequality x/6.2 ≥ -2, we want to find all possible values of x that make the inequality true.

First, we can isolate x by multiplying both sides of the inequality by 6.2 (which is positive, so we do not need to flip the inequality sign):

x/6.2 * 6.2 ≥ -2 * 6.2

Simplifying, we get:

x ≥ -12.4

This means that any value of x that is greater than or equal to -12.4 will make the inequality true.

To see why this is the case, we can substitute a few values for x and see if they satisfy the inequality. For example, if we let x = 12.4, then:

x/6.2 = 12.4/6.2 = 2

And we can check that 2 is indeed greater than or equal to -2. Therefore, x = 12.4 is a valid solution.

Similarly, if we let x = 20, then:

x/6.2 = 20/6.2 ≈ 3.23

And we can check that 3.23 is also greater than or equal to -2. Therefore, x = 20 is also a valid solution.

However, if we let x = -15, then:

x/6.2 = -15/6.2 ≈ -2.42

And we can see that -2.42 is not greater than or equal to -2. Therefore, x = -15 is not a valid solution.

Learn more about inequality here:

https://brainly.com/question/30231190

#SPJ4

How does g(x) = 3* change over the interval from x = 8 to x = 10?

Answers

The answer is: g(x) increases by a factor of 9.

What is change in interval?

In mathematics, the term "interval" refers to a range of values between two endpoints. A change in interval refers to a shift or movement of this range along the number line.

There are two types of changes that can occur in an interval: a shift or a stretch.

A shift occurs when the interval is moved left or right along the number line. For example, if we start with the interval [0, 5] and shift it to the right by 2 units, we get the new interval [2, 7]. Similarly, if we shift it to the left by 3 units, we get the new interval [-3, 2].

A stretch occurs when the interval is expanded or compressed. For example, if we start with the interval [0, 5] and stretch it by a factor of 2, we get the new interval [0, 10]. If we compress it by a factor of 1/3, we get the new interval [0, 5/3].

Changes in interval are important in many areas of mathematics, including calculus, where they are used to describe the domain and range of functions, and in geometry, where they are used to define the length and area of shapes.

The function g(x) = 3ˣ represents exponential growth.

To determine how g(x) changes over the interval from x=8 to x=10, we can evaluate g(10) and g(8) and compare the ratios:

g(10) = 3¹⁰ = 59,049

g(8) = 3⁸ = 6,561

The ratio of g(10) to g(8) is:

g(10)/g(8) = 59,049/6,561 = 9

Therefore, g(x) increases by a factor of 9 over the interval from x=8 to x=10.

The answer is: g(x) increases by a factor of 9.

To know more about change in interval visit:-

https://brainly.com/question/29259017

#SPJ1

telephone calls arrive at an information desk at a rate of per minute. what is the probability that the next call will arrive within 7 minutes? round to four decimal places as needed.

Answers

The probability that the next telephone call will arrive within 7 minutes is 0.9999 rounded to four decimal places.

Telephone calls arrive at an information desk at a rate of $\lambda$ per minute. Round to four decimal places as needed.The number of events in a Poisson distribution, $X$ , is dependent on the time interval or the area under consideration. When the mean number of events in the area is $\mu$, the probability of a specific number of events, $x$, is given by the Poisson distribution as$P(X=x)=\frac{\mu^xe^{-\mu}}{x!}$where x is a non-negative integer.Let's consider the given scenario for this particular question.

$\lambda$ is the rate of telephone calls arriving at an information desk. This rate can be utilized to find the mean of a Poisson distribution by multiplying it by the time interval. Let $\mu$ denote the mean number of calls arriving in 7 minutes. Then$\mu = \lambda \times 7$ $\mu$ = $7\lambda$When this mean value is substituted in the Poisson probability formula, the probability that a telephone call arrives within 7 minutes is obtained.$P(X \leq 1)$ =$P(X=0)+P(X=1)$ =$\frac{(7\lambda)^0 e^{-7\lambda}}{0!}+\frac{(7\lambda)^1 e^{-7\lambda}}{1!}$ =$e^{-7\lambda}+\frac{7\lambda}{e^{7\lambda}}$ = $0.9999$ (rounded to four decimal places).

Learn more about Decimal places

brainly.com/question/50455

#SPJ11

Other Questions
Come up with Evidence & Reasoning for these claimsClaim 1 Social media users are more likely to stir up drama using ig Do you agree or disagree with the following quotation: "Without fear there cannot be courage." Be prepared to defend your response. To what degree are women still discriminated in U.S. society? b. In an initial population of 100 snowy plovers, there were 30 births and 20deaths in one year. Based only on the birth and death rates, identify the expectedsize of the snowy plover population at the end of the year.Your answerc. At the end of the year, there were actually 80 snowy plovers in the population.Assuming there were no additional births or deaths, explain why the actualpopulation size differed from the expected population size.Your answerd. Current efforts to conserve plover populations include building wire fencesaround their nests and making certain beaches off-limits to people during ploverbreeding season. Explain why making certain beaches off-limits during ploverbreeding season is a more effective conservation method than building fencesaround plover nests.Your answer 100 points please I need this for my grade Garrett changed his mind about moving boxes for the Drama Club after ----A Jorge told him that Brooke wasn't going to be thereBDMrs. Ferris said he wouldn't get extra credit for helpingJames said he couldn't help because he had extra practicethe Athletics Club guys started calling him "Drama Queen" Imagine the cafeteria staff at your school is taking suggestions about what type of food to serve forlunch.Write an argumentative essay about the type of diet you recommend the school serve for lunchbased on the information presented in "Sarah's Decision" and "What Fuels Your Cells?" Statement A: We worked in a place that was noisy and dangerous. We did the same workover and over again. Many workers, often children, lost fingers, limbs, and even their lives.Statement B: Government should not interfere in business. To do so would disrupt thebalance of supply and demand.Statement C: Government has a duty to interfere with business in order to best provide itspeople with happy and safe lives.Statement D: Advances in agricultural techniques and practices resulted in an increasedsupply of food and raw materials, causing a movement of the farmers from the3. countryside to the city.All of these statements above describe events or viewpoints that relate to the--A. Berlin ConferenceB. Protestant ReformationC. Industrial RevolutionD. Commercial Revolution Which animal is a vertebrate?(1 point)Responsesoctopusfishshrimpcrab If it takes 726 watts of power to move a mass 36 meters in 14 seconds, then what is the magnitude of the objects mass?A. 12. 1 kgB. 20. 2 kgC. 28. 8 kgD. 282 kg under times of stress, gender affects the decision making process. group of answer choices true false How many people were polled in the survey? help please..4045035 600 Part A: The line of best fit for this data is y = 5. 3x + 23. Use this equation to make a conjecture about the temperature of the water in the beaker if heated for 6 minutes. Explain your thinking Can you answer this question? actress hedy lamarr invented what technology that aided in wwii? What is the value of x? internal states that prompts inquisitive, stimulation-seeking, and exploratory behavior is called ___ Each rectangle is 16% longer than the original. Complete the table with the length of each new rectangle. Which of the following is NOT a high risk population group forfoodborne illnesses?ToddlersSenior citizensPregnant womenTeenagers Please...............