Rose and Andrew are financing $128,000 to purchase a condominium. They obtained a 15-year, fixed-rate loan with a rate of 5. 5%. They have been given the option of purchasing up to four points to lower their rate to 4. 81%. How much will the four points cost them?

Answers

Answer 1

The cost of the four points will be $8296.8496

What is simple interest?

A quick and simple way to figure out interest on money is to use the simple interest technique, which adds interest at the same rate for each time cycle and always to the initial principal amount. Any bank where we deposit our funds will pay us interest on our investment. One of the different types of interest charged by banks is simple interest. Now, before exploring the idea of basic curiosity in further detail,

$ 128,000 is the amount financed (P).

t = 15 years

The interest rate equals 5.05%.

Amount after 15 years equals,

A = [tex]P(1+\frac{r}{100}[/tex]

=128,000[tex](1+\frac{5.05}{100} )^{15}[/tex]

=268009

Rose and Andrew has taken four points to lower their rate to 4.81% .

A =128,000 [tex](1+\frac{4.81}{100} )^{15}[/tex]

A = 259,713

Cost of four points = 268,009.890 - 259,713.040  = $8296.8496

Hence, the cost of the four points will be $8296.8496

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Related Questions

A circular sector has an 8.26-inch radius and a 12.84-inch arc length. There is another sector that has the same area and the same perimeter. What are its measurements

Answers

The dimensions of a different sector with the same area and perimeter are An alternative sector's radius is 6.42 inches. An alternative sector has an arc length of 16.52 inches.

What does an arc's length signify?

The distance between two places along a segment of a curve is known as the arc length.

Sector radius, r = 8.26 inches

Sector arc length = 12.84 inches

Sector perimeter = 2r + length of the arc

The specified sector's perimeter is equal to 2 x 8.26 x 12.84 x 29.36 inches.

The circle's circumference is 2 + 8.26 + 16.52.

The specified circle's area is A = 8.262 * 68.2276.

Sector area, A = 53.0292 inch2

Consequently, we have;

2R plus A equals 29.36 inches

A·R = 53.0292 × 2

that provides;

R² + 53.0292 = 14.68·R

R² - 14.68·R + 53.0292 = 0

using a graphing calculator to factor yields;

(R - 6.42)·(R - 8.26) = 0

R = 6.42 or R = 8.26

R = 8.26 is the measurement for the first sector.

Due to the distinctions between the sectors, we have;

R = 6.42 inches is the radius of the other sector.

The length of the arc, A = 29.36 - 2R

∴ A = 29.36 - 2 × 6.42 = 16.52

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Parker could pay for 45% of his college tuition with his scholarship. The remaining $10,500 he paid for with a student loan. What was the cost of Parker's tuition? Show your work

Answers

The cost of parker's tuition is $19,090.9

How to calculate the cost of parker's tuition?

Parker could pay 45% of his college tuition with his scholarship

He paid for the remaining $10,500 with a student loan

Therefore the cost of parker's tuition can be calculated as follows

100% - 45%

= 55%

let y represent the cost of parker's tuition

55y/100= 10500

0.55y= 10500

y= 10500/0.55

y= 19,090.9

Hence Parker tuition cost is $19,090.9

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What is the first thing you do when giving a problem with a number line

Answers

Answer:

You first find the number on the number line, and go from there.

Step-by-step explanation:

If it's addition (Ex. 4+12), you would start at 4, and move right 12 spaces. Since the answer is 16, you would land on the 16th space. Think of it as a board game...

If you roll a 6, and you are on space number 4, you move up 6 spaces. This would represent addition. It's the opposite if you land on a "Move Back" space. You land on that space, and you roll a 4. If you are on the 6th space, you go back to the second space. This would represent subtraction. Hope this helps! Mark Branliest, pls!

Please solve this or find an answer key.

Answers

Answer:

1 - 2 1/4

2 - 2 2/4 (simplified) 2 1/2

3 - 7 3/11

4 - 2 1/7

5 - 7 3/8

6 - 4 3/10

7 - 6 2/8 (simplified) 6 1/4

8 - 6 10/12 (simplified) 6 5/6

9 - 6 2/4 (simplified) 6 1/2

10 - 4 1/2

11 - 5 1/8

12 - 3 2/3

13 - 6 5/12

14 - 2 3/5

15 - 5 2/3

_______________________________________

1 - 42/5

2 - 20/3

3 - 27/5

4 - 52/7

5 - 10/3

6 - 17/3

7 - 40/11

8 - 28/5

9 - 29/3

10 - 25/3

11 - 86/9

12 - 11/3

13 - 15/2

14 - 5/2

15 - 38/7

MUST ANSWER QUESTION!


A palindrome is a number that is read the same backwards as forwards, for instance 12321. How many 5-digit palindromes with different neighboring digits are there? (Note that 01210 is not considered a 5-digit number and the palindrome 52525 has different neighboring digits. )

Answers

There are 24 ,5-digit palindromes with different neighboring .

Define probability.

A probability is a numerical representation of the likelihood or chance that a specific event will take place. Both proportions ranging from 0 to 1 and percentages ranging from 0% to 100% can be used to describe probabilities.

Can probability be greater than 1?

No, it is always between 0 t0 1.

Such a palindromic number should be  abcba  

2a+2b+c=14

Thus  c has to be even and we need

a+b=14−c/2 and we can choose for  a any value from  1 to  (14−c)/2

Thus the number of such palindromic numbers is

7+6+5+4+3=25

starting from  c=0 up to  c=8

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One of the legs of a right triangle measure 7 centimeters in the other leg measures 3 centimeters. Find the measure of the hypotenuse.

Answers

Answer:7.6

Step-by-step explanation:

Find the measure of the missing angles.

Answers

Answer:

d=52 e=77 f=51

Step-by-step explanation:

The opposite side of 52 is 52 because they are intersecting 1dk, same thing with 77, and when you have both of those just add all the angles and subtract it from 360

Answer:

d = 52

e = 77

f = 51

Hope this helps!


Give an example of a quadratic function that has a maximum value. How do you know that it has a maximum value?

Answers

An example of a quadratic function that has a maximum value is the parabola defined by the equation y = -(x-3)^2 + 4.

What is quadratic function?

A quadratic function is a type of polynomial function that can be written in the form y = ax^2 + bx + c, where a, b, and c are constants and x is the variable. The graph of a quadratic function is a parabola, which can either open upward or downward depending on the value of the leading coefficient (a).

What is equation?

An equation is a mathematical statement that asserts the equality of two expressions. It is usually written with an "=" sign between the two expressions, such as y = 2x + 3 or x^2 + y^2 = 1. Equations can be used to model real-world situations, and solving an equation means finding the values of the variables that make the equation true.

We can determine that this function has a maximum value by looking at the leading coefficient of the quadratic term (x^2). In this case, the coefficient is -1, which means that the parabola opens downward. Therefore, since the parabola opens downward, the vertex of the parabola is the highest point of the parabola, which means that it is a maximum point.

Also we can find the vertex of the parabola by using the formula x = -b/2a, in this case x= -0 / 2*-1 = 3/2 =1.5, and using this value in the function, we get the y value which is 4, so the vertex is (1.5,4) which confirms that the function has a maximum value at (1.5,4)

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Simplify algebraic expression

Answers

Answer: 40

Step-by-step explanation:

   We will substitute x = 8 and simplify the given expression.

 Given:

6x-x

 Substitute:

6(8) - 8

 Multiply:

48 - 8

 Subtract:

40

The answer to the equation is 40.
6x-x
6(8)-x
48-x
48-8=40

Hope this helps!

Which equation describes a line with a slope of 2/5 that passes through (0,4)

Answers

Answer: y = 2/5x + 4

Step-by-step explanation:

       We will write a point-slope form equation for this line, then simplify it into a slope-intercept form equation.

Given point-slope form:

➜ m is the slope

➜ (x1, y1) is the point given

       y - y1  = m(x - x1)

Substitute values in:

       y - (4)  = (2/5)(x - (0))

Distribute 2/5:

       y - 4  = 2/5x - 0

Add 4 to both sides of the equation:

       y = 2/5x + 4

Step-by-step explanation:

since we have the slope and a point, we can start with the point-slope form

y - y1 = a(x - x1)

a is the slope, (x1, y1) is the given point.

y - 4 = (2/5)(x - 0) = 2x/5

y = 2x/5 + 4

or

y = (2/5)x + 4

X + 15 _> 64.5 in inequality from

Answers

Answer:

X ≥ 49.5

Step-by-step explanation:

X + 15 ≥ 64.5

Subtract 15 from both sides

X ≥ 49.5

So, the answer is X ≥ 49.5

Factorize 4x squared - 25y squared

Answers

[tex]{ \qquad\qquad\huge\underline{{\sf Answer}}} [/tex]

here we go~

[tex]\qquad \sf  \dashrightarrow \: 4x {}^{2} - 25y {}^{2} [/tex]

[ identity : a² - b² = (a + b)(a - b) ]

[tex]\qquad \sf  \dashrightarrow \: (2x) {}^{2} - (5y) {}^{2} [/tex]

[tex]\qquad \sf  \dashrightarrow \: (2x + 5y)(2x - 5y)[/tex]

an arithmetic sequence has these properties a1=2 an=an-1+5

what are the first four terms in the sequence

a. 2,5,7,12
b.2,5,10,15
c.2,7,12,17
d.2,7,9,14

Answers

The answer is d hope it helped

Given P(A and B)= 0.09, P(B)= 0.25. FIND P(A given B)
A:0.34
B:0.29
C:0.02
D:0.36

Answers

The answer to your question is A:0.34

a) If 8* =
1
64
find the value of x.

Answers

Answer:

x = -2

Step-by-step explanation:

[tex]8^{x}[/tex] = [tex]\frac{1}{64}[/tex]

So to solve exponent.

8x=  1 /64

log(8x)=log( 1/ 64 ) (Take log of both sides)

x*(log(8))=log( 1 /64 )

x= log( 1 /64 ) /  log(8)

x=−2

Hope this helps!

please help me do I will really appreciate it so much :)

Answers

Answer:

ZYX=39

ZXY=64

X=1

Step-by-step explanation:

select a graph that shows the relationship between the height form which the ball is dropped , x, and the height of the first bounce y

Answers

Answer:

a?

Step-by-step explanation:

ILL BRAINLIEST YOU PLEASE HELP ME

Answers

Answer

Option A

61 in, 60 in, 11 in. represents three sides of a right triangle

Step-by-step explanation:

By Using Pythagorean Triplet we can say that

61 in, 60 in, 11 in. represents three sides of a right triangle

FOR VERIFICATION ONLY:

(11)² + (60)² = (61)²

121 + 3600 = 3721

3721 = 3721

Thus, 3721 = 3721 represents three sides of a right triangle

-TheUnknownScientist

please help thxsssssssssssssssssssssssssssss

Answers

Answer:

x≤3.5

Step-by-step explanation:

=>7-2x≤0=>-2x+7≤0=>-2x≤-7 divide 2 by 2 and by 7=>x≤3.5

Julie remembered that the 4 digits of her locker combination were 4, 9, 15, and 22, but not their order. What is the maximum
number of attempts Julie has to make to find the correct combination?

Answers

Answer:

256

Step-by-step explanation:

4^(4)=256, I'm pretty sure that's the answer. i looked up and after some research found that.

Answer: 256

Step-by-step explanation:

Easiest way is to do 4x4x4x4

How do i show my working when trying to work out 3 1/3 divided by 4?

Answers

Answer:

5/6

Step-by-step explanation:

When dividing fractions, we use a rule where we keep the first number, change the sign, and flip the second number.

3 1/3 must be converted to an improper fraction before we can do this, though.

3 1/3 is 10/3 because we multiply 3 by the denominator, also 3, and then add one, so 10/3.

Now we can divide. Remember 4 is the same thing as 4/1

10/3 ÷ 4/1

Keep the first fraction the same, change the division sign into a multiplication sign, and divide by flip the second fraction.

It ends up looking like 10/3 x 1/4

Multiply: 10 x 1 and 3 x 4

It's 10/12, but we can simplify that by dividing both the top and the bottom by 2.

The final answer is 5/6

What is the area in square feet for this shape?

Answers

Answer:

Area of figure = 68.13 feet² (Approx.)

Step-by-step explanation:

Given:

Length of rectangle = 9 ft

Width of rectangle = 6 ft

Diameter of semicircle = 6 ft

Find:

Area of figure

Computation:

Radius of semicircle = Diameter of semicircle / 2

Radius of semicircle = 6 / 2

Radius of semicircle = 3 ft

Area of figure = Area of rectangle + Area of semicircle

Area of figure = [Length x( Width] + [πr²]/2

Area of figure = [9 x 6] + [(3.14)(3)²]/2

Area of figure = [54] + [(3.14)(9)]/2

Area of figure = [54] + [28326]/2

Area of figure = [54] + [14.13]

Area of figure = 68.13

Area of figure = 68.13 feet² (Approx.)

Adam is trying to spot a meteor. The probability he will see one in the next 10 minutes is 0.56.
What are the odds in favor of Adam seeing a meteor in the next 10 minutes?

Answers

Answer: The odds in favor of an event happening are the ratio of the probability of the event happening to the probability of the event not happening. To find the odds in favor of an event, you can use the formula:

Odds in favor = probability of event occurring / (1 - probability of event occurring)

In this case, the event is that Adam will see a meteor in the next 10 minutes. The probability that this event will occur is 0.56. Therefore, the odds in favor of this event occurring are:

Odds in favor = 0.56 / (1 - 0.56)

= 0.56 / 0.44

= 1.27

So, the odds in favor of Adam seeing a meteor in the next 10 minutes are 1.27 to 1.

It means that Adam is 1.27 times more likely to see a meteor in the next 10 minutes than not seeing one.

Step-by-step explanation:

The odds in favor of Adam seeing a meteor in the next 10 minutes are 14 : 11

a large interquartile range shows the data is

Answers

A large interquartile range shows the range in values of the central 50% of the data.

What is an equivalent function?

Answers

Equivalent function has the same domain and range. Equivalent and equal terms are not the same both have different meanings in mathematics.

A function is said to be equal if its Domain and Range are identical. Complete solution, step by step: A and B should be two sets. Now, by function, we mean a rule that guarantees that f(a)=b exists for all a. As a result, set A is referred to as the Domain of File and set B as the Range Off.

Despite being comparable to 1 + 1, 2 is believed to be equal to 2. When two items or amounts are exactly the same, as when 12 is equal to 12, yet 12 is equivalent to 2/4 since they reflect the same value, we can say that they are equal.

In mathematics, an equivalent can be defined in one of two ways. This is thus because there are various definitions for the concept of equivalent in mathematical theory. Equivalent refers to the mathematical notion that distinct terms and expressions having a similar value are treated equally.

Equivalent is not the same as equal in mathematics. While equivalent indicates similar but not the same, equal means the same in all respects.

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In a right triangle, if the length of the hypotenuse is 5 and the length of one of the other sides is 3, what is the length of the third side?​

Answers

Answer:

a^2+b^2=c^2

a^2+9=25(5*5)

therefore ,a^2=25-9=16

√16=4

   sides are 4 cm,3 cm,5 cm

Step-by-step explanation:

[tex]4.[/tex]

Step-by-step explanation:

Pythagoras theorem says that "In a right angled triangle, the square of the hypotenuse is equal to the sum of the squares of the other two sides". As the Hypotenuse side is already yet given and one of the side of a triangle value is given. Now we should find the value for other side of a triangle. In order to find the value of other side, we should use the Pythagoras theorem formula.

AC² = AB² + BC²

Let AC be the Hypotenuse side, AB and BC be the other two sides of a triangle.

Given:-

AC = 5, AB = 3, BC = ?

Use Pythagoras theorem formula

AC² = AB² + BC²

5² = 3² + BC²

25 = 9 + BC²

25 - 9 = BC²

16 = BC²

16 = BC

BC = 4.

Math question!!!!!!!!!!

Answers

Answer:

A recursive sequence , also known as a recurrence sequence, is a sequence of numbers indexed by an integer and generated by solving a recurrence equation. The terms of a recursive sequences can be denoted symbolically in a number of different notations, such as , , or f[ ], where. is a symbol representing the sequence.

Step-by-step explanation:

I hope this helps?

Answer:

A recursive sequence ,  a sequence of numbers indexed by an integer and generated by solving a recurrence equation.

Frank has constructed a tent in the shape of a square pyramid.



The peak of the tent is at 30 feet and is at a horizontal distance of 20 feet from the left edge. The height of the tent varies at a rate of 1. 5 feet with the horizontal distance from the left edge.

The equation that models the height of the tent, h, in feet, with respect to the horizontal distance in feet from the left edge, d, is h = |d − | +. The height of the tent is 22. 5 feet at a horizontal distance of feet

Answers

The equation that models the height of the tent, h, in feet, with respect to the horizontal distance in feet from the left edge, d, is h = 1.5 d + h0.

The height of the tent is 22. 5 feet at a horizontal distance of 15 feet.

What is an equation?

A mathematical definition of an equation is a claim that two expressions are equal when they are joined by the equals sign ("=").

The height of the tent varies at a rate of 1. 5 feet with the horizontal distance from the left edge.

This can be written as -

h = 1.5 d, where d is the distance.

So, the equations that models the situation is -

h = 1.5 d + h0

The peak of the tent is at 30 feet and is at a horizontal distance of 20 feet from the left edge.

So, when d =20, then h =30.

Plugging the values in the equation -

30 = 1.5 (20) + h0

30 = 30 + h0

h0 = 0

The height of the tent is 22. 5 feet.

So, now h = 1.5 d and h = 22.5.

Equating these two -

22.5 = 1.5 d

d = 22.5/1.5

d = 15

Therefore, the distance value is obtained as 15 feet.

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friend me right quick pls

Answers

Answer:

ok ok ok i gotchuu

Step-by-step explanation:

Answer:

ok will do!

Step-by-step explanation:

2.) Una pizza cuesta $12. Alfred compró 4_2/3 pizzas. ¿Cuanto gastara le sobra de $60? a.) $56 b.) $14 c.) $4​

Answers

Answer:

$56 or $4 left over from $60

$ 56 o $ 4 sobrantes de $ 60

Step-by-step explanation:

4 2/3 pizzas would cost $56

4 2/3 pizzas costarían $ 56

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