The Saavedras purchased a home for $220,000 by making a 15% down payment
and borrowing the rest at 4.2% interest compounded monthly for 20 years. This
made their monthly payment $1152.99. The table below represents the first row
of an amortization table for the first period of the loan.

PLEASE. HURRY

The Saavedras Purchased A Home For $220,000 By Making A 15% Down Paymentand Borrowing The Rest At 4.2%

Answers

Answer 1

Using proportions, the financial measures for the home purchase are given as follows:

Beginning Balance: $220,000.Interest owed: $228,076.4.Payment toward principal: $33,000.Ending balance: $448,076.4.

What is a proportion and what is an example of application?

A proportion is a fraction of a total amount, and equations can be built to find the desired measures in the problem using the unit rates, which along with operations such as multiplication or division are used to find the equivalent measures.

For this problem, the beginning balance is the purchase value of the home, hence:

Beginning Balance: $220,000.

15% of that goes towards the down payment, hence:

0.15 x 220,000 = $33,000.

Payment toward principal: $33,000.

The number of monthly payments is given by:

20 x 12 = 360 monthly payments.

Considering the monthly payment, the ending balance is given as follows:

33,000 + 360 x 1,152.99 = $448,076.4.

Hence the interest owed is:

448,076.4 - 220,000 = $228,076.4.

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Related Questions

Proportion Word Problems Maze Worksheet
One US dollar equals 0.84 euros. Margo wants to exchange $400 for euro. How many euros will she receive in exchange?

Answers

Answer:

1 us dollar =0.84 euros so,400 us dollar =084x400 so, she will receive 336 euros in exchange.

Kendra is making a large salad for a party. She buys lettuce for $2.25 per pound and tomatoes for $2.65 per pound. She spends at
least $8.
Let x represent the number of pounds of lettuce that Kendra buys. Let y represent the number of pounds of tomatoes that Kendra
buys.
Which inequality represents this situation?

Answers

Answer:

(D)

Step-by-step explanation:

Given that Kendra is making a large salad for a party. She buys lettuce for $2.25 per pound and tomatoes for $2.65 per pound. She spends at least $8.

x represent the number of pounds of lettuce that Kendra buys and y represent the number of pounds of tomatoes that Kendra buys.

We are to select the inequality that represents the situation.

We have

total amount of money that Kendra spends on lettuce is given by

and the total amount of money that she spends on tomatoes is

Therefore, the inequality can be written as

Thus, option (D) is CORRECT.

If f (x) = x² +4, solve f (x) = 13.

Answers

The solution of the function f(x) = 13 is x= 3

According to the question we have been the function f(x), that i s

   f(x) = x² + 4

We need to find the value of x where we have been given that

  f(x) = 13

Therefore, we will put the required value of function f(x) in the above condition we get

 x² + 4 = 13

Subtracting 4 both the sides we get,

 x² + 4 - 4 = 13 - 4

 x² = 9

Taking square root both sides we get,

√x² = √9

  x = 3

Hence the value of x is 3.

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|1/4 x +2| -3 =5 solve for x and graph on number line

Answers

The value of x on the number line is 24 and - 40

A number line in elementary mathematics is a representation of a graduated straight line that acts as an abstraction for real numbers, represented by the letter R. It is assumed that every point on a number line corresponds to a real number, and that every real number corresponds to a point.

When seen as a geometric space, namely the one-dimensional Euclidean space, the number line, also known as a real line in advanced mathematics, is technically defined as the set R of all real numbers. It can be conceptualized as a linear continuum, metric space, topological space, vector space (or affine space), measure space, or topological space.

The given equation is

[tex]|\frac{1}{4}x+2 | -3=5[/tex]

Solving the equation:

[tex]or,|\frac{1}{4}x+2 | =5+3\\or,|\frac{1}{4}x+2 |=8\\or,\frac{1}{4}x+2=\pm8\\or,x+8=\pm32\\or,x=-8\pm32[/tex]

Now we take the two separate values of x:

either x=-8+32 or x=-8-32

or,x=24 or x=-40

The value of x is 24 and - 40.

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Identify the intercepts

Answers

x
(5,0)
(-5,0)
y
(0,3)
(0,-5)

If m∠QOS=51​, m∠POR=59​, and m∠POQ=25​, what is m∠​ROS?

Answers

Answer:

 ∠ROS = 19

Step-by-step explanation:

The angle sum theorem is applicable.

 ∠POQ + ∠QOR = ∠POR

 ∠QOR = ∠POR - ∠POQ . . . . . subtract ∠POQ

__

 ∠QOR +∠ROS = ∠QOS

 ∠ROS = ∠QOS - ∠QOR . . . . . subtract ∠QOR

 ∠ROS = ∠QOS - (∠POR - ∠POQ) . . . . . substitute for ∠QOR

 ∠ROS = ∠QOS - ∠POR + ∠POQ = 58 -61 +22

 ∠ROS = 19

Step-by-step explanation:

Pop es igual a 95 y ros es 55

the numbers being multiplied in a product are called

Answers

Answer:factors

Step-by-step explanation:

the numbers being multiplied in a product are called : factors

A bedroom (14 ft by 12ft) and hallway (8ft by 3ft) are getting new wood flooring. Wood flooring is priced at $6.20 per square foot. How much will it cost to add the wood flooring?

Answers

If a bedroom (14 ft by 12ft) and hallway (8ft by 3ft) are getting new wood flooring. Wood flooring is priced at $6.20 per square foot. The amount it will cost to add the wood flooring is: $1,190.40.

Cost price

First step is to calculate the bedroom square feet

Bedroom square feet=14ft ×12ft

Bedroom square feet= 168 sq feet

Second step is to calculate hallway square feet

Hallway square feet=8ft × 3ft

Hallway square feet=24 sq feet

Third step is to calculate the total square feet

Total square feet=168+24

Total square feet=192

Fourth step is to calculate the cost

Cost=$6.20× 192

Cost= $1,190.40

Therefore the amount it will cost to add the wood flooring is: $1,190.40.

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Pls help it’s due soon

Answers

The movie lasted 1 hour and 30 minutes

the scale from a square park to a drawing is 5 m to 1 cm .the actual park has an area of 1600 m2 .what is the area of the drawing of the park

Answers

The area of the drawing of the park is 64 cm²;

Scale: Square park to Drawing = 5m:1cm

                                                 = 5m:0.01m;

Therefore; Square Park Area = 1600m²;

                 Drawing Area = 1600 ×(0.01/5)²

                                        = 0.0064m² = 64 cm²

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What number makes the equation true? Enter the answer in the box.
5 X
= 20

Answers

Answer: 5x4

Step-by-step explanation:

Answer:

x=4

Step-by-step explanation:

5x=20

divide both side by the coefficient of x

5x/5=20/5

x=4

I
One number is 3 times a first number. A third number is 100 more than the first number. 4f the sum of the three numbers is 265, find the numbers.
The three numbers are L. (Use comma to separate answers as needed.)

Answers

Answer:

88, 276, 192.

Step-by-step explanation:

Let the first number be x.

Then the second number is 3x.

Then the third number is (x+100).

Sum of the numbers=540

x + 3x + ( x + 100 ) = 540

5x = 440

x = 88.

The first number is 88.

The second number is 276.

The third number is 192

What is 150 minus 22.37?

Answers

Answer:

Step-by-step explanation:

127.63

Amy printed a square picture that was 225% the size of the original picture. The length of the side of her original picture was 4 inches. What is the length of the side of Amy’s printed picture

Answers

The length of the side of Amy’s printed picture is 6 inches.

What is defined as a square?

A square is a two-dimensional closed shape with four equal sides.

A square is made up of four sides and four vertices.A square's sides are all the same length.All interior angles are identical and correct.The total of all interior angles is 360°.

Now, as per the given question;

The original length of the side of the square was 4 inches.

Thus, the area of the old photo was;

A = side²

A = 4²

A = 16 square inch.

Now, as the picture is increased by 225%.

Then, increase the area by 225%.

New area = 225% of old area

                = (16×225)/100

New area = 36

The length of the side of the new photograph is;

New area = length²

length = √New area

length = √36

length = 6 inches.

Therefore, the length of the side of Amy’s printed picture is 6 inches.

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Select all the triangles that have an area of 10 square units:

Answers

The triangles that have an area of 10 square units are triangles A and B

How to determine the triangles that have an area of 10 square units?

The area of a triangle is calculated using

Area = 0.5 * Base * Height

Triangle 1

Base = 5

Height = 4

So, we have

Area = 0.5 * 5 * 4

Area = 10

Triangle 2

Base = 4

Height = 5

So, we have

Area = 0.5 * 5 * 4

Area = 10

Triangle 3

Base = 5

Height = 5

So, we have

Area = 0.5 * 5 * 5

Area = 12.5

Hence, the triangles that have an area of 10 square units are triangles A and B

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Consider the equation 5x + 8y = 24, A line parallel to the above line would have a slope of:

Answers

Answer:

Any line with a slope of -5/8 would be parallel to this line.

Step-by-step explanation:

First write this in the slope intercept form of a line

y = mx + b.  The number before the x will be the slope.

5x + 8y = 24  Subtract 5x from both sides of the equation

8y = -5x +24 Divide everything by 8

y = -5/8x + 3

3. This diagram is a straightedge and compass construction
of the bisector of angle BAC. Only angle BAC is given.
Explain the steps of the construction in order. Include a
step for each new circle, line, and point.

Answers

A straight line that divides a given angle between two equal angles is referred to as an angle bisector. The following are the steps to constructing a bisector of angle BAC:

What is a compass construction?

Construction with a straightedge and a set of compasses is a method for constructing lengths, angles, and other geometrical figures. It is also known as ruler-and-compass construction or classical construction.

These are the steps:Draw an internal arc using any radius and point A as the center to join lines BA and AC at points E and F, respectively.Draw an arc with point E as the center and a radius that is the same or different from the radius of the circle.Draw a second arc with the same radius and center point F, intersecting the first arc at point G. A thru G,Construct a straight line. This is an angle bisector of BAC.

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Please HELP ME!!!! This is really confusing. HOW DO I DO THIS?!?!?!

Answers

Answer:

Flying Disc should be 72

Step-by-step explanation:

circumference = πd

HD Coin    C = 3π

                  9.42477796077

Flying Disc.  C = 23π
                      72.2566310326


Jar Lid      C = 8π

                  25.1327412287

Flower Pot     C = 15π

                        47.1238898038

this I never got taught, need help bunch of points

Answers

Answer:

Absolute value is the distance from 0 all negative numbers become positive and positive stays positive.

Step-by-step explanation:

What is the slope of a line parallel to the line whose equation is 2x - 5y = 30. Fully simplify your answer.

Answers

Answer: [tex]\boxed{y=\frac{2}{5} x-7}\ as\ an\ example[/tex]

Step-by-step explanation:

Find the slope-intercept form:

[tex]2x-5y=30\\\\-5y=-2x+30\\\\y=\frac{-2x+30}{-5} \\\\y=\frac{2}{5} x-6[/tex]

Therefore the slope is 2/5

An example of a line parallel to this line is

[tex]y=\frac{2}{5} x-7[/tex]

The total amount repaid on a loan is found by using the formula A = p + prt, where A is the total amount
paid, p is the principal, r is the rate, and t is the time. If t = 5, r = 0.06, and p = 200, what is the value
of A?
**Hint** Evaluate the expression p + prt for t = 5, r = 0.06, and p = 200

Answers

Answer:

it's easy

just use the formulary given and insert the values to Their given letters

Write the equation of the line in fully simplified slope-intercept form.

Answers

The equation of the line in fully simplified slope-intercept form is [tex]y=\frac{1}{4} x-1[/tex].

What is a slope intercept form?

A line is defined by the equation y = mx + b, which is also known as the slope-intercept form. When the line is graphed, m represents the slope and b the point at which the line intersects the y-axis.

For calculating the slope, the formula used is [tex]m=\frac{x_{2} -x_{1} }{y_{2} -y_{1} }[/tex]

From the graph we see that the points are (4,0) and (0,-1).

Substituting the points in the formula,

[tex]m=\frac{x_{2} -x_{1} }{y_{2} -y_{1} }\\m=\frac{-1-0}{0-4} \\m=\frac{-1}{-4} \\m=\frac{1}{4}[/tex]

We know that, the equation of a line in point slope form, where (x₁, y₁) is the point and slope m is:

(y – y₁) = m(x – x₁)

Here, (x₁, y₁)= (4,0)

Substitute the value of m and any coordinate into the formula y−y₁=m(x−x₁)

[tex]y-0=\frac{1}{4} (x-4)\\y=\frac{1}{4} x-1[/tex]

Therefore, the equation of the line in fully simplified slope-intercept form is [tex]y=\frac{1}{4} x-1[/tex].

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Robert spends $30.45, before tax, at the bookstore. If the sales Tax rate in his city is 7.25%, and Robert started with $40, how much does Robert have left?

Answers

The amount of money Robert has left given the amount he started with and after deducting tax is approximately $7.34

How much does Robert have left after deducting tax?

Tax can be defined as the compulsory levy paid by citizens of a particular country on their income, goods and be services.

Amount Robert started with = $40Amount Robert spent before tax = $30.45Tax rate = 7.25%

Amount of tax = Tax rate × Amount Robert spent before tax

= 7.25% × $30.45

= 7.25/100 × 30.45

= 0.0725 × 30.45

= $2.207625

Total amount Robert spent = Amount Robert spent before tax + Amount of tax

= $30.45 + $2.207625

= $32.657625

Amount Robert has left = Amount Robert started with - Total amount Robert spent

= $40 - $32.657625

= $7.342375

Approximately,

$7.34

Therefore, the amount Robert has left after deducting tax is $7.34

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The governor of state A earns ​$54,900 more than the governor of state B. If the total of their salaries is ​$310,850​, find the salaries of each.

Answers

Step-by-step explanation:

Let the earning of governor of state B be x then

we have,

Earning of A = 54900 + x

Earning of B = x

according to question,

Earning of A + Earning of B = 310850

54900 + x + x = 310850

2x = 255950

x = 127975

earning of A = 182875$

earning of B = 127975$

190 g = _____________ kg​

Answers

The answer will be 0.19 kg

PLEASE HELP NOWW PLEASE

Answers

Answer: NOW

Step-by-step explanation:

Find the solutions to x² = 28.
A. x=+7√2
OB. x=+2√/14
OC. x=+14√2
X
OD. x=+2√7
X

Answers

Answer:

x=+2√7

Step-by-step explanation:

Express in kg the mass of 0.3 tonne

Answers

0.3 tonnne=300 kilograms

In the given question mass is given in tonne and we have to convert it into tonne.

Among the SI base units, the kilogram (kg) is the only one whose name and symbol, for historical reasons, include a prefix. "Kilo" the SI prefix for 1000 or 103. Names and symbols for decimal multiples and submultiples of the unit of mass are formed by attaching prefix names to the unit name "gram," and prefix symbols to the unit symbol "g."

To calculate a tonne value to the corresponding value in kg, just multiply the quantity in tonne by 1000 (the conversion factor). Here is the formula:

Value in kg = value in tonne × 1000

Suppose you want to convert 0.3 tonne into kg. Using the conversion formula above, you will get:

Value in kg = 0.3 × 1000 = 300 kg

final answer is 0.3 tonne=300 kilograms.

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A plastic page designed to hold trading cards will hold up to 8 cards. How many pages will be needed to store 583 ​cards? Give an appropriate counting number answer to the question.​ (Find the least counting number that will​ work.)

The number of pages that would be needed to store 583 cards is (blank).

Answers

Answer:

  73 pages

Step-by-step explanation:

You want the number of pages required to hold 583 cards when each page will hold 8.

Least integer

The number of pages required is ...

  (583 cards)/(8 cards/page) = 72 7/8 pages

The least integer greater than this number is 73

The number of pages needed to store 583 cards is 73.

Solve the equation -2 =
k=
k+7
3

Answers

[tex]{ \orange{ \tt{k = 1}}}[/tex]

Step-by-step explanation:

-2 = k+7/3

cross multiply 3 with -2 then,

-6 = k+7 (OR) k+7 = -6.

k = -6+7

k = 1.

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