The actual rate of the mortgage is 5.27%.
To multiply means to add a number to itself a particular number of times. Multiplication can be viewed as a process of repeated addition.
Since, we're taking two mortgages for a total of $100,000 for 30 years,
Now, we can find the actual rate of the mortgage by finding the weighted average of the two rates.
Hence, The weights in this case will be the proportion of loan taken at each rate;
We have
Rates Weights Rates × Weights
4.15 0.80 4.15 x 0.80 = 3.32
9.75 0.20 9.75 x 0.20 = 1.95
Hence, The actual rate of the mortgage is,
⇒ 3.32 + 1.95
⇒ 5.27%.
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Answer:
mine was 5.45$
Step-by-step explanation:
You must show all calculations to earn credit.
How much will her original investment be worth in 10 years?
Answer:
$9,000.00 is her original investment worth in 10 yrs.
5000 x 1.08 ^10 = 10794.6249864
Then subtract -500000 = 5794.62498636
Step-by-step explanation:
Why, because the first year is proved 5000 x 0.08 = 400
= 400 year 1 but cna keep only if stays in investment for 10 years
400 x 10 = 4000 interest on investment
5000+ 4000 = $9,000.00 SI
+ 1,794.62 Interest on interest if applies (this is called CI) and makes $10794.62
Answer:
130
Step-by-step explanation:
So you have to move the decimal point 2 times to the right so you can have only whole numbers which makes it easier to solve.
2.6/0.02 = 260/2
130.
A: 18 units
B: 9 units
C:27 units
D: 81 units
Answer:
b:9 units
Step-by-step explanation:
The given equation represents a circle. The square root of 81 (which is 9) is the radius of this circle and hence denotes the range of the cellular phone tower. So, the range of the cell phone tower is 9 units.
The given equation models a circle where (x-5)² and (y-7)² are the squared coordinates of the circle, and 81 is the square of the radius of the circle. The radius represents the range of the cellular tower in this case. The radius (or range, in this context) is the square root of 81 which is 9 units. Therefore, the range of the cell phone tower is 9 units.
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The rectangular room that measures 6 inches by 4 inches on a scale drawing (where 1 inch represents 3 feet) has a real area of 216 square feet. At $5 per square foot, the cost to carpet the room would be $1080.
The subject of the question is a real-life example of using scale measurements in rectangular shapes. In this case, a scale drawing of a rectangular room.
The scale provided is 1 inch to 3 feet, which means that every 1 inch in the drawing corresponds to an actual length of 3 feet. Therefore, a length of 6 inches on the drawing is equivalent to 6 * 3 = 18 feet actual length. Similarly, a width of 4 inches on the drawing is equivalent to 4 * 3 = 12 feet actual width.
Area of a rectangular shape is given by the product of its length and width, so 18 ft * 12 ft = 216 square feet which is the actual area of the room.
Lastly, given that carpeting costs $5 per square foot, the total cost will be the area of the room times the cost per square foot, which is 216 * 5 = $1080.
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