Cannon took out a mortgage for $85,290 on his new house. If the interest rate is 8.5 percent and the loan is for 25 years, how much will he pay monthly if he must pay $8.05 per $1000?What steps should I take here to get my answer?
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=> 85 290 * 0.85 = 7249.65 dollars for the interest
=> 85 290 + 7249.65 = 92 539.65 dollars
=> 92539.65 / 25 years = 3701.59 dollars yearly
=> 3701.586 / 12 = 308.47 dollars monthly.
Related Questions
A standard deck of cards has 52 members consisting of 4 suits each with 13 members (2, 3, …, 10, j, q, k, a). five cards are dealt from the randomly mixed deck. what is the probability that all cards are the same suit
Elia rode her bicycle from her house to the beach at a constant speed of 18 kilometres per hour and then rode from the beach to the park at a constant speed of 15 kilometres per hour. The total duration of the rides was 1 hour and the distances she rode in each direction are equal. Let b be the number of hours it took Elia to ride from her house to the beach, and p the number of hours it took her to ride from the beach to the park. Which system of equations represents this situation?
Variable y varies directly with variable x, and y = 6 when x = 9. What is the value of x when y = 18?
Round to the place value of the less precise measurement. 2.13 m + 8.6 m
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Answer:
The answer is 48
Step-by-step explanation:
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The probability that the randomly selected woman does not have red/ green color blindness is 0.9901.
What is Probability?
Probability can be simple defined as the chance of getting an outcome of an event which is likely. The sum of all the probabilities of outcomes of an event is always one.
Percentage of women who has red/ green color blindness = 0.99%
Suppose that a woman is randomly selected.
Probability of a woman having red/ green color blindness = 0.99/100
= 0.0099
We have total probability will be equal to 1.
Probability that the selected woman does not have red/ green color blindness = 1 - 0.0099
= 0.9901
In terms of percentage, 99.01% chance is there that the selected woman does not have red/ green color blindness.
Hence the probability that the woman does not have red/ green color blindness is 0.9901.
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1-99%
=1-0.099
=0.901
=90.1%
Hope it helps!
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Answer:
The answer is A. net gains
Step-by-step explanation:
Gains and losses on investments are also known as - NET GAINS
Net gains is the overall improvement in monetary terms, after taking in account all the positive and negative influences in investment.
Whereas, the return on investment tells about the efficiency of any investment. It is a type of performance measure used by businesses to check the efficiency of the investments made.
A. 125°
B. 35°
C. 180°
D. 55°
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By the concepts of transversal, vertically opposite angles, and pair of interior alternate angles measure of angle z is A. 125°.
What is a transversal?
We know when a transversal intersects two parallel lines at two distinct points,
Two pairs of interior and alternate angles are formed such that the measure of interior angles are same and the measure of alternate angles is also the same.
Given, m∠o is 125°.
We know vertically opposite angles are equal hence m∠q is also 125°.
We also know that the pair of interior angles are equal therefore m∠x is also 125° and again vertically opposite angle z is 125°.
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Answer:
125
Step-by-step explanation:
o=q
q=x
then x=z =125