An executive wishes to take out a $1,200,000 mortgage. The yearly interest rate on the loan is 1.95% and the loan is for 20 years. Payments will be made monthly. Calculate the total interest payable.
Round your answer to the nearest thousand dollars.
Do NOT round until you have calculated the final answer.

Answers

Answer 1

Answer: 6042.23

Step-by-step explanation:

P0=d(1−(1+rk)−Nk)(rk).

We have P0=$1,200,000,r=0.0195,k=12,N=20, so substituting in the numbers into the formula gives

$1,200,000=d(1−(1+0.019512)−20⋅12)(0.019512),

that is,

$1,200,000=198.602327d⟹d=

Answer 2

The total interest payable is $4,68,000.

Given,

An executive wishes to take out a $1,200,000 mortgage.

The yearly interest rate on the loan is 1.95% and the loan is for 20 years.

Payments will be made monthly.

Calculate the total interest payable.

Round your answer to the nearest thousand dollars.

What is simple interest?

It is given by:

SI = (P x R x T) / 100

P = principal amount

R = rate

T = time

We have,

P = $1,200,000

R = 1.95%

T = 20 years

SI = (P x R x T) / 100

SI = (1200000 x 1.95 x 20) / 100

SI = (1,200,000 x 195 x 20) / 100 x 100

SI = 120 x 195 x 20

SI = $4,68,000

Thus the total interest payable is $4,68,000.

Learn more about simple interests here:

https://brainly.com/question/14890644

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Related Questions

Find cardinal number of H= Sunday, dog, house, car, month

Answers

Answer:

The cardinal number of h is house.

If 1,000 ml = 1 L, how many milliliters are there in 5 liters?

Group of answer choices

Answers

Answer:

5,000 mills.

Step-by-step explanation:

Pls mark me brainly if I'm correct please, thanks C:

There would be 5,000ml in 5 liters because 1000 = 1liter than 1000 x 5 which = 5000 would be 5,000 liters

Find the equation of a line perpendicular to 3x−2y=−3 that contains the point (−5,5). Write the equation in slope-intercept form.

Answers

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[tex]y = - \frac{2}{3}x + \frac{5}{3} \\ [/tex]

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Pls help im in danger lf repeating

Answers

First find a box you know for sure. This is kind of like sudoku if you’ve ever played that:
Under the total column we know that all those values MUST add up to 237
So X + 63 + 66 = 237
Or x = 108 (7th grade total)
Now let’s find another one that we can easily fill in.
Under neutral we know those values must add up to 45
So 17 + 8 + X =45
X = 20 (7th grade neutral)
Now with this information we can fill out 7th grade happy.
15 + 16 + 20 + X + 22 = 108
X = 35 (7th grade happy)
Now we can solve 6th grade happy
X + 35 + 25 = 79
Or x = 19 (6th grade happy)
Another easy one is unhappy total
9 + 16 + 12 = X
Or X = 37 (unhappy total)
Now let’s solve 6th grader very unhappy with new information we found
X + 9 + 17 + 19 + 12 = 63
Or x = 6 (6th grade very unhappy)
Using that we can find 8th grade very unhappy
6 + 15 + X = 31
Or x = 10 (8th grade very unhappy)
Now solve 8th grade very happy
10 + 12 + 8 + 25 + X = 66
Or x = 11 (8th grade very happy)
Now solve very happy total and that’s all
12 + 22 + 11 = X
X= 45 (very happy total)
Now to check our work do all the mood totals add up?
31 + 37 + 45 + 79 + 45 = 237 which checks out

please help me it's really urgent ​

Answers

Answer:

-2

Step-by-step explanation:

Using the squeeze or sandwich Theorem,

A limit of f(x) exists if

Two functions g(x) and h(x) lie above and below respectively for values near the limit.If they all approach the same limit.

Since the statement establishes, that let see if they approach the same limit.

[tex]g(2) = {2}^{2} - 3(2) = - 2[/tex]

[tex]h(2) = 2 - 2(2) = - 2[/tex]

So the answer is-2

Which of the following statements is TRUE?



Question 1 options:

The only factors of 9 are 1 and 9.


The only factors of 10 are 1, 2, and 10.


The only factors of 11 are 1 and 11.


The only factors of 12 are 1, 2, 6, and 12.

Answers

Answer:

the 3rd option

Step-by-step explanation:

A line intersects the points
(-2,9) and (3, -11).
What is the slope of the line in
simplest form?
m = [?]

Answers

[tex]\\[/tex]Answer:

m = - 4

Step-by-step explanation:

Slope Formula: [tex]m=\frac{y_{2}- y_{1} }{x_{2}- x_{1} }[/tex]

Substitute (-2,9) and (3,-11) into m = [tex]\frac{y_{2} -y_{1} }{x_{2} x_{1} }[/tex]

=  [tex]m=\frac{-11-9}{3-(-2)}[/tex]

m = -4

Answer:

Slope (m) = -4

Step-by-step explanation:

Given :-

Points (-2, 9) and (3, -11)

To Find :-

Slope (m)

Solving :-

m = y₂ - y₁ / x₂ - x₁

= -11 - 9 / 3 + 2

= -20 / 5

= -4

Solution :-

Slope (m) = -4

Find the EXACT circumference if the area is 196π square feet. Unit of measurement is feet or ft

Answers

Answer:

87.9645943005 feet

Step-by-step explanation:

The formula for the area of a circle is pi x radius to the power of 2. What number to the power of 2 is 196? 14.

So, the radius is 14.

The formula for the circumference of a circle is pi x diameter. If the radius is 14, the diameter is 28.

28 x pi = 87.9645943005

write the equation of the line in standard form with an x intercept of -7 and a y intercept of 10

Answers

Answer:

4x + 7y - 28 = 0

Step-by-step explanation:

If The perimeter of a square is 48 meters what is the length of the diagonal

Answers

Answer:

approximately 17

Step-by-step explanation:

Answer:

16.97m

Step-by-step explanation:

We know that, all the 4 sides of a square are equal.

Given that,

Perimeter of the square is 48m

First, let us find the length of a side the square.

For that, let the length of a side be x.

Therefore,

x + x + x + x = 48

4x = 48

Divide both sides by 4.

x = 12 m

Now let us find the length of the diagonal using Pythagorean theorem.

For that let the length of the diagonal be y.

So,

12² + 12² = y²

144 + 144 = y²

288 = y²

√288 = y

16.97 m = y

Therefore,

The length of the diagonal is 16.97m

garys garage has 12 liters of motor oil gary pours equal amounts of oil into 3 trucks how many liters of oil did gary pour in each truck?

Answers

4
12/3=4
You have divide 12 and 3

What is the image of (6,-4)after a reflection over the y-axis?

Answers

(-6,-4)

When reflecting, you change the sign of the digit opposite the axis you are reflecting over. You are reflecting over the y-axis, so you change the 6 in the x place from positive to negative

Answer:

-6 -4

Step-by-step explanation:

NO LINKS!!! Solve each triangle. Part 2a
NOT A MULTIPLE CHOICE

1a. A= 40°, B= 20, a= 2
2b. A= 50°, C= 20°, a= 3
3c. B= 70°, C= 10°, b= 5
4d. A= 70°, B= 60°, c= 4

Answers

Answer:

Sum of interior angles of a triangle = 180°

Sine rule to find side lengths:

[tex]\dfrac{a}{\sin A}=\dfrac{b}{\sin B}=\dfrac{c}{\sin C}[/tex]

----------------------------------------------------------------------

Question 1a

Given: A = 40°, B = 20°, a = 2

40° + 20° + C = 180°

C = 120°

[tex]\dfrac{2}{\sin 40}=\dfrac{b}{\sin 20}=\dfrac{c}{\sin 120}[/tex]

[tex]\implies b=\sin20 \cdot\dfrac{2}{\sin 40}=1.064177772...[/tex]

[tex]\implies c=\sin 120 \cdot \dfrac{2}{\sin 40}=2.694592711...[/tex]

----------------------------------------------------------------------

Question 2b

Given: A = 50°, C = 20°, a = 3

50° + 20° + B = 180°

B = 110°

[tex]\dfrac{3}{\sin 50}=\dfrac{b}{\sin 110}=\dfrac{c}{\sin 20}[/tex]

[tex]\implies b=\sin 110 \cdot\dfrac{3}{\sin 50}=3.680044791...[/tex]

[tex]\implies c=\sin 20 \cdot\dfrac{3}{\sin 50}=1.339426765...[/tex]

----------------------------------------------------------------------

Question 3c

Given: B = 70°, C = 10°, b = 5

70° + 10° + A = 180°

A = 100°

[tex]\dfrac{a}{\sin 100}=\dfrac{5}{\sin 70}=\dfrac{c}{\sin 10}[/tex]

[tex]\implies a=\sin 100 \cdot \dfrac{5}{\sin 70}=5.240052605...[/tex]

[tex]\implies c=\sin 10 \cdot \dfrac{5}{\sin 70}=0.9239626545...[/tex]

----------------------------------------------------------------------

Question 4d

Given: A = 70°, B = 60°, c = 4

70° + 60° + C = 180°

C = 50°

[tex]\dfrac{a}{\sin 70}=\dfrac{b}{\sin 60}=\dfrac{4}{\sin 50}[/tex]

[tex]\implies a=\sin 70 \cdot \dfrac{4}{\sin 50}=4.906726388...[/tex]

[tex]\implies b=\sin 60 \cdot \dfrac{4}{\sin 50}=4.522063499...[/tex]

Find the area. Simplify your answer.

Answers

Answer:

it sideways

Step-by-step explanation:

you built like this lollllllllllllllllll

Answers

Answer:

yes i am

Step-by-step explanation:

thank you for noticing my style

Jessica wrote the equation 440xh= 3,168, where h is the same number of hours it took a jet flying at a constant speed of 440 miles per hour to travel 3,168 miles. Solve for h.​

Answers

Answer:

7.1 (I rounded this number to the tenths)

Step-by-step explanation:

440÷3,168 or use long division

Donovan 2 eats 2 granola bars and drinks 1 glass of orange juice for breakfast every day. The price of a granola bar
s B dollars and the price of a glass of orange juice is J dollars.
The expression 7(2B + J) describes how much Donovan spends on breakfast in one week.
Match each amount in the situation with the expression that represents it.

Answers

Answer:

See attached image

Step-by-step explanation:

See attachment

How many grams is in 1 kilogram

Answers

Answer:

1000

Step-by-step explanation:

There are 1000 grams in a kilogram, just do a metric unit conversion.

Hopefully this helps - let me know if you have any questions!

1000 Grams...............

-5x - -4x - 10 = ?
Please Help Me!​

Answers

Answer:

Today: Monday, 12 October 2020

Hour: 23.39 WIB (in Indonesia)

_________________________

-5x - - 4x - 10

-5x + 4x - 10

-x - 10

Theo and Anna are partners. they have one calculator between them. It takes Theo 60 minutes to do a set of word problems without a calculator and only 30 minutes by using one. It takes Anna 50 minutes to do the problems without a calculator and 40 minutes with one. To the nearest minute, what is the least amount of the time it would take them working together to complete the problems? Who should use the calculator?

Answers

Answer:

anna because it takes her less time

Step-by-step explanation:

Answer:

Anna

Step-by-step explanation:

I cant do a Step-by-step explanation

A Store-It-All storage facility requires users to enter a four digit code, using numbers 0-9, to get through the gate. How many possible codes are there if the digits cannot be repeated?

Answers

Answer:

5040

Step-by-step explanation:

10 x 9 x 8 x 7 = 5040

Help help math math math

Answers

Answer:

[tex]\displaystyle y = -3x + 9[/tex]

Step-by-step explanation:

First, find the rate of change of the line:

[tex]\displaystyle \frac{-y_1 + y_2}{-x_1 + x_2} = m \\ \\ \frac{-6 + 3}{-1 + 2} = m \hookrightarrow \frac{-3}{1} = m \\ \\ \boxed{-3 = m}[/tex]

_______________________________________________

Now plug all the information into the Slope-Intercept Formula. It does not matter which ordered pair is chosen:

[tex]\displaystyle 3 = -3[2] + b \hookrightarrow 3 = -6 + b; 9 = b \\ \\ \boxed{\boxed{y = -3x + 9}} \\ \\ OR \\ \\ 6 = -3[1] + b \hookrightarrow 6 = -3 + b; 9 = b \\ \\ \boxed{\boxed{y = -3x + 9}}[/tex]

I am joyous to assist you at any time.

Answer:

to much math

Step-by-step explanation:

The area of a circle is 65.71cm2.
Find the length of the radius rounded to 2 DP.

Answers

Answer:

5 cm

Step-by-step explanation:

Area of a circle: [tex]\pi r^{2}[/tex]  {r=radius}

[tex]\pi r^2=65.71cm2[/tex]

[tex]r^2=65.71/3.14[/tex] [tex](\pi =3.14)[/tex]

[tex]r^2=20.92[/tex]

[tex]r=\sqrt{20.92} =4.57cm[/tex]

[tex]r=4.57=5cm[/tex]

[tex]r=5cm[/tex]

[RevyBreeze]

A random number generator is used to select a number from 1 to 100. What is the probability of selecting an even number

Answers

Answer:

There is a 50% chance that the random number generator picks an even number

Step-by-step explanation:

Out of all the numbers between 1 and 100, 50 out of the 100 numbers are odd and 50 out of the 100 numbers are even.

Find the equation of the line from given point and slope.....
a) passes through (-5,4) and has slope, m=1/2​

Answers

Answer:

Slope-intercept form:

[tex]y=\dfrac12x+\dfrac{13}2[/tex]

Standard form:

[tex]x-2y=-13[/tex]

Step-by-step explanation:

Point-slope form of a linear equation: [tex]y-y_1=m(x-x_1)[/tex]

(where [tex]m[/tex] is the slope and [tex](x_1,y_1)[/tex] is the point)

Given:

[tex]m=\dfrac12[/tex][tex](x_1,y_1)=(-5,4)[/tex]

Substituting these values into the point-slope formula:

[tex]\implies y-4=\dfrac12(x+5)[/tex]

[tex]\implies y-4=\dfrac12x+\dfrac52[/tex]

[tex]\implies y=\dfrac12x+\dfrac{13}2[/tex]

Slope-intercept form:

[tex]y=\dfrac12x+\dfrac{13}2[/tex]

Standard form:

[tex]x-2y=-13[/tex]

PLEASE HELP!!!!!! ILL GIVE BRAINLIEST *EXTRA POINTS** !! DONT SKIP :((

Answers

Fraction: 19/50
Decimal: 0.38
Percent: 38%

Mr. Moretti is making welcome bags to give to the 18 students in his homeroom on the
first day of school. He puts m mechanical pencils in each bag. He puts twice as many
regular pencils in each bag.

Which expression represents the total number of pencils Mr. Moretti gives to his students? Choose ALL that apply

Answers

Answer: 18 (m + 2m); 18m + 18 (2m); 54m

Step-by-step explanation:

The expression that represent the total no of pencil Mr. Moretti gives to his students is 18 (m + 2m); 18m + 18 (2m); 54m.

Given that,

Mr. Moretti is making welcome bags to give to the 18 students in his homeroom on the  first day of school. He puts m mechanical pencils in each bag. He puts twice as many  regular pencils in each bag.

Based on the above information, the above are the expressions.

Learn more: brainly.com/question/17429689

Question 5
Simplify x2-9 / x+3​

Answers

Answer:

my 8k is a responsibility to ensure the correct

Step-by-step explanation:

I hope personally is am jare for you and I hope that it is possible that I

The graph of the parent functions f(x)=x^3 is translated to form g(x)=(x-7)^3+9. The point (0,0) on the graph of f(x) corresponds to which point on the graph of g(x)

Answers

Answer:

(7, 9)

Step-by-step explanation:

The (x-7) indicates that the graph will be shifted to the RIGHT 7 units. The +9 at the end of the equation means the graph will be shifted UP 9 units.

So the point (0,0) will land at (7,9)

Help due today plsss :))

Answers

Answer:

D. g(x) = 3x²

Step-by-step explanation:

Clearly, g(x) = 9x² = (3x)².

The correct option is :-

D. g(x) = 3x²

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