Suppose you buy a home and finance $275,000 at $2,223.17 per month for 30 years. What is the amount of interest paid? (Round your answer to the nearest cent.)

Answers

Answer 1
Answer:  $525,341.20

Explanation:

30 years = 30*12 = 360 months

If the monthly payment is $2,223.17 for 360 months, then you'll pay back a total of 2223.17*360 = 800,341.20 dollars overall.

Subtract off the amount financed, or amount loaned, to get the total interest.

800,341.20 - 275,000 = 525,341.20 is the amount of interest paid (in dollars).

This works because effectively, the total amount paid back consists of principal + interest. The principal is the amount the bank loans you.

So we could rephrase that last equation into saying

principal + interest = 275,000 + 525,341.20 = 800,341.20 = total amount paid back.


Related Questions

A law firm offers some services “pro bono”, which means that they work for clients free of charge. The legal firm accepted 2% of its cases pro bono last year. What is the total of cases they completed if they accepted 252 pro bono cases?

Answers

Answer:

ok so we have to find 2% or 252 so

252*0.02=5.04

So they completed 5 cases this year

Hope This Helps!!!

5.04 cases a year, Its 5 cases a year

Mary Katherine has a bag of 3 red apples , 5 yellow apples and 4 green apples , Mary takes a red apples out of the bag and does not replace it. What is the probability that the next apple she takes out is yellow

Answers

Answer:

5/11.... you put the 5 which is yellow over the others which is 12 but remember she removed 1 so it would be equal to 11

Answer:

ok so if she takes a red apple out that means

2 red

5 yellow

4 green

11 in total

so 5/11

The answer is D

Hope This Helps!!!

Suppose that the probability distribution for birth weights is normal with a mean of 120 ounces and a standard deviation of 20 ounces. The probability that a randomly selected infant has a birth weight between 100 ounces and 140 ounces is [ Select ] 68%. The probability that a randomly selected infant has a birth weight between 110 and 130 is [ Select ] 68%.

Answers

Answer:

The probability that a randomly selected infant has a birth weight between 100 ounces and 140 ounces is 68%.

The probability that a randomly selected infant has a birth weight between 110 and 130 is 38%.

Step-by-step explanation:

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Mean of 120 ounces and a standard deviation of 20 ounces.

This means that [tex]\mu = 120, \sigma = 20[/tex]

The probability that a randomly selected infant has a birth weight between 100 ounces and 140 ounces is

p-value of Z when X = 140 subtracted by the p-value of Z when X = 100.

X = 140

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{140 - 120}{20}[/tex]

[tex]Z = 1[/tex]

[tex]Z = 1[/tex] has a p-value of 0.84

X = 100

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{100 - 120}{20}[/tex]

[tex]Z = -1[/tex]

[tex]Z = -1[/tex] has a p-value of 0.16

0.84 - 0.16 = 0.68

The probability that a randomly selected infant has a birth weight between 100 ounces and 140 ounces is 68%.

The probability that a randomly selected infant has a birth weight between 110 and 130

This is the p-value of Z when X = 130 subtracted by the p-value of Z when X = 110.

X = 130

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{130 - 120}{20}[/tex]

[tex]Z = 0.5[/tex]

[tex]Z = 0.5[/tex] has a p-value of 0.69

X = 110

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{110 - 120}{20}[/tex]

[tex]Z = -0.5[/tex]

[tex]Z = -0.5[/tex] has a p-value of 0.31

0.69 - 0.31 = 0.38 = 38%.

The probability that a randomly selected infant has a birth weight between 110 and 130 is 38%.

The product of 2 integers is 72. One number is two less than five times the other. Which equation can be used?

Answers

Answer:

should be (5y-2)y = 72

Step-by-step explanation:

since the product of the two is 72, it's true that xy = 72. and it is also true that x is equal to five times y minus 2, so you can rewrite x as 5y-2. plug that in for x in the first equation, and you're set. hope this helps :)

What is the inequality shown?

Answers

Answer:

2<X ,this is because opened and facing towards x

and

–3≤X this is because the circle is closed and also facing towards x

A bottle maker believes that 23% of his bottles are defective.If the bottle maker is accurate, what is the probability that the proportion of defective bottles in a sample of 602 bottles would differ from the population proportion by less than 4%? Round your answer to four decimal places.

Answers

Answer:

The appropriate answer is "0.9803".

Step-by-step explanation:

According to the question,

The probability of sample proportion differs from population proportion by les than 4% will be:

= [tex]P(-\frac{0.04}{\sqrt{\frac{0.23\times 0.77}{602} } }<z<\frac{0.04}{\sqrt{\frac{0.23\times 0.77}{602} } } )[/tex]

= [tex]P(-\frac{0.04}{\sqrt{\frac{0.1771}{602} } }<z<\frac{0.04}{\sqrt{\frac{0.1771}{602} } } )[/tex]

= [tex]P(-2.33<z<2.33)[/tex]

= [tex]0.9803[/tex]

A computer monitor is listed as being 22 inches. This distance is the diagonal distance across the screen. If the screen measures 12 inches in height, what is the actual width of the screen to the nearest inch?

22 inches
18.43 inches
25.05 inches
32.5 inches

Answers

Answer

The width of the screen is 18.43.

Explanation

Use the Pythagorean Theorem (a^2+b^2=c^2) to find the height.

In a right triangle, a and b are legs. In this instance, a and b would be the height and width of the computer monitor. Let's say the height is a and the width is b (you're trying to find b). The hypotenuse of a right triangle is c. For the computer monitor, c is the diagonal.

So put in everything you know to find b; 12^2+b^2=22^2.

12^2 is 144 and 22^2 is 484. Now you have 144+b^2=484. When you simplify, you get b^2=340. When you simplify again, you find that b is about 18.43.

The domain of the function f(x)=-x3+4

Answers

Answer:

Domain= {x:x £|R}

|R=any real number

pls help me and answer it correctly:)​

Answers

Answer:

the biggest frequency is 6

and the least frequency is 4

Identify the transformation that occurs to create the graph of g(x). g(x)=f(x)-7

Answers

Answer:

g(x) is obtained by shift the function f(x) down 7 units by subtracting 7 units from f(x).

Step-by-step explanation:

We are given that

[tex]g(x)=f(x)-7[/tex]

We have to identify  the transformation that occurs to create the graph of g(x).

To identify  the transformation that occurs to create the graph of g(x)

We will subtract the 7 from f(x).

Let f(x) be any function

[tex]g(x)=f(x)-k[/tex]

It means g(x) obtained by  shift the function f(x) down  k units by subtracting k units from f(x).

Therefore, g(x) is obtained by shift the function f(x) down 7 units by subtracting 7 units from f(x).

1. Which of the following ARE integers? (choose ALL that are integers
a. 35%,
b.-10,
c. 34,
d. 0.25,
e. 3105.

2. Which integer is between -3 and 4? (choose ONE answer)
a. 10
b. 3.14
c. O

Answers

Answer:

(1) -10, 34 and 3105

(2) 0

Step-by-step explanation:

Solving (a): Select all integers

The integers are numbers without decimal.

So, we have: -10, 34 and 3105

Other options are not integers

Solving (b): Select all integers between -3 and 4

Using the same explanation in (1) but with the range of -3 and 4. the integer is 0.

Other options are not integers

What is the simplified value of the exponential expression 27 1/3 ?

O1/3
O1/9
O3
O9

Answers

Answer:

the correct answer is 3

hope it helps

have a nice day

help? haha
solve the equation below:)
3x - 5 = 10 + 2x

Answers

Step-by-step explanation:

3x-2x=5+10 [taking variables on one side and constant on other]

x=15

soln:

3x-5= 2x+10

3x -5+5=2x+10+5 [ adding 5 on both side]

3x=2x+15

3x-2x=2x+15-2x [subtracting 2x on both side]

x=15

Ans=15

Answer:

[tex]x = 15[/tex]

Step-by-step explanation:

[tex]3x - 5 = 10 + 2x[/tex]

[tex]3x - 2x = 10 + 5[/tex]

[tex]1x = 15[/tex]

[tex]x = 15[/tex]

Hope it is helpful.....

a rectangle box has length 12 inches, width 15 inches, and a height of 17 inches. Find the angle between the diagonal of the box and the diagonal of its base. The angle should be measured in radiands

Answers

Answer:

0.7246 radians

Step-by-step explanation:

According to the Question,

Given that, a rectangle box has length 12 inches, width 15 inches, and a height of 17 inches

The length of the base diagonal (d) can be found using the Pythagorean theorem on length and width:

d = √{ (12)² +(15)² }  = √(144+225) = √369inches

The tangent of the angle is the ratio of the height of the box to this length

 Tan∅ = 17/√369

Taking the [tex]Tan^{-1}[/tex] , we have

∅ = [tex]Tan^{-1}[/tex](17/√369) ≈ 0.7246 radians

Please help I don’t understand at all

Answers

Answer:

a

Step-by-step explanation:

1. Reduce the index of the radical and exponent with 2

√(a^2) = a

Basically square root is also can be represent as power of 1/2. Which is (a^2)^1/2. Then you can multiply both power. So you will get a^(2/2). solve it hence the solution is a^1 which is a. Hopefully this will help

I believe the answer is 7% but it says round to the nearest tenth of a percent so I am not sure if it is a decimal answer or not. Can someone help me out please?

Answers

Answer:   6.1% decrease

Note: It appears that your teacher doesn't want you to type in the percent sign, as that's already covered for you.

=========================================================

Explanation:

The salary decreased by 51500-48355 = 3145

Divide this over the initial salary to get 3145/51500 = 0.0611 which is approximate.

This converts to the percentage 6.11% and that rounds to 6.1%

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

As an alternative, you can use the formula method below

A = old value = 51500

B = new value = 48355

C = percent change when going from A to B

C = [ (B-A)/A ] * 100%

C = [ (48355-51500)/51500 ] * 100%

C = (-3145/51500)*100%

C = -0.0611*100%

C = -6.11%

C = -6.1%

The negative C value indicates a percent decrease.

PLEASEEEE HELPP MEEEE I NEED HELPPPPPPP PLELASEEEEEE I REALLY DONT GET THIS AT ALL I JUST WANNA PAST THE 6th grade

Answers

She used the formula incorrectly

-it’s supposed to be base times height

She converted the mixed number into an improper number incorrectly

-supposed to be 37/5

She multiplied incorrectly

- 70/5

The categories of a categorical variable are given along with the observed counts from a sample. The expected counts from a null hypothesis are given in parentheses. Compute the x-test statistic, and use the x-distribution to find the p-value of the test. Category Observed (Expected) A 25 (20) B 35(40) C 50(60) D 90(80) Round your answer for the chi-square statistic to two decimal places, and your answer for the p-value to four decimal places. chi-square statistic = p-value = i

Answers

Answer:

χ² = 4.80

Pvalue = 0.1874

Step-by-step explanation:

Given :

Category Observed (Expected)

A 25 (20)

B 35(40)

C 50(60)

D 90(80)

The Chisquare statistic (χ²) is given by :

χ² = Σ(observed - Expected)² / Expected

χ² = (25-20)²/20 + (35-40)/40 + (50-60)²/60 + (90-80)²/80

χ² = 1.25 + 0.625 + 1.67 + 1.25

χ² = 4.795

χ² = 4.80 (2 decimal places)

Using the Chisquare Pvalue calculator :

df = n - 1 = 4 - 1 = 3

Pvalue = 0.1874

Johnny tripled his baseball card collection. Then he added 6 more cards to the collection. Now he has 24 cards. How many cards did he start with?

Answers

9514 1404 393

Answer:

  6

Step-by-step explanation:

Work backward.

If he has 24 after adding 6, he had 18 before that addition.

If he had 18 after tripling his collection, he had 18/3 = 6 cards to start with.

__

Note that this is the same process you would use if you started with an equation.

  3c +6 = 24 . . . . where c is the number of cards Johnny started with

  3c = 24 -6 = 18 . . . . . subtract 6 from the final number

  c = 18/3 = 6 . . . . . . . . divide the tripled value by 3 to see the original value

Johnny started with 6 cards.

1 point
Use log10 3-0.4771; log10 5 0.699010810 7 0.8451; log10 11 1.0414 to approximate the value of each expression-
log10 14710910 (147)

Answers

Answer:

[tex]\log_{10}(147) = 2.1673[/tex]

Step-by-step explanation:

Given

[tex]\log_{10} 3 = 0.4771[/tex]

[tex]\log_{10} 5 = 0.6990[/tex]

[tex]\log_{10} 7= 0.8451[/tex]

[tex]\log_{10} 11 = 1.0414[/tex]

Required

Evaluate [tex]\log_{10}(147)[/tex]

Expand

[tex]\log_{10}(147) = \log_{10}(49 * 3)[/tex]

Further expand

[tex]\log_{10}(147) = \log_{10}(7 * 7 * 3)[/tex]

Apply product rule of logarithm

[tex]\log_{10}(147) = \log_{10}(7) + \log_{10}(7) + \log_{10}(3)[/tex]

Substitute values for log(7) and log(3)

[tex]\log_{10}(147) = 0.8451 + 0.8451 + 0.4771[/tex]

[tex]\log_{10}(147) = 2.1673[/tex]

which is the correct answer ?

Answers

Answer:

11/12 cups

Step-by-step explanation:

2/3+1/4 = ( 2x4 + 3x1 )/( 3x4 ) = ( 8+3 )/12 = 11/12

Find the domain and range of the relation.

Answers

the answer is in the picture above

help asap! Might be easy for some of you

Answers

Answer:

51

Step-by-step explanation:

(-3)^4-5(5)+6(5)÷(-3)(2)

81-25+30÷-6

81-25-5

81-30

51

(Remember order of operations-PEMDAS)

A city has a population of 350,000 peopleSuppose that each year the population grows by 7.75%What will the population be after 6 years Use the calculator provided and round your answer to the nearest whole number

Answers

Answer:

547737

Step-by-step explanation:

So first when know that the equation for exponentinal growth is f(x)=a(1+r)^x

Then you need to substitue so it would be f(x)=350,000(1+0.0775)^6

So then you would add the 1 and 0.0775 to equal 1.0775

So now its f(x)=350,000(1.0775)^6

So after that following PEMDAS, you would basically do 1.0775 to the power of 6 and get 1.56496155465

After you would do 1.56496155465 times 350,000 and that would be 547736.544129 and since its to the nearest whole number the answer would be 547737

Hopefully, that helped. If I did end up making a mistake then just comment on my answer. :)

Two mechanics worked on a car. The first mechanic worked for 10 hours, and the second mechanic worked for 5 hours. Together they charged a total of $1125. What was the rate charged per hour by each mechanic if the sum of the two rates was $140 per hour?

Answers

Answer:

The first mechanic charged $ 85 an hour, and the second mechanic charged $ 55 an hour.

Step-by-step explanation:

Given that two mechanics worked on a car, and the first mechanic worked for 10 hours, and the second mechanic worked for 5 hours, and together they charged a total of $ 1125, to determine what was the rate charged per hour by each mechanic if the sum of the two rates was $ 140 per hour, the following calculation must be performed:

1125/15 = X

75 = X

80 x 10 + 60 x 5 = 800 + 300 = 1100

85 x 10 + 55 x 5 = 850 + 275 = 1125

Therefore, the first mechanic charged $ 85 an hour, and the second mechanic charged $ 55 an hour.

Two trains leave the station at the same time, one heading east and the other west. The eastbound train travels at 95 miles per hour. The westbound train travels at 75 miles per hour. How long will it take for the two trains to be 238 miles apart? Do not do any rounding.

Answers

Answer:

They are going away from each other.

So add up their speed.

combined speed = x+x-16

=2x-16

Time = 2 hours

Distance = 400 miles

Distance = speed * time

(2x-16)* 2

4x-32=400

4x=400+32

4x=432

/12

x=108 mph west bound

east bound = 108 -16 = 92 mph

A number is divisible by 3 if the sum of the digits of the number is divisible by 3.

Answers

I believe the answer the the question A number is divisible by 3 if the sum of the digits of the number is divisible by 3. Is 504, it makes sense

Let Y1 and Y2 denote the proportions of time (out of one workday) during which employees I and II, respectively, perform their assigned tasks. The joint relative frequency behavior of Y1 and Y2 is modeled by the density function.

f (y 1,y2)=y 1+y 2 o<=y 1<=1, 0<=y2<=1(0 elsewhere)

a. Find P (Y1< 1/2,y2>1/4)
b. Find P(Y 1+Y2<=1)
Are Y1 and Y2 independent?

Answers

(a) The region Y₁ < 1/2 and Y₂ > 1/4 corresponds to the rectangle,

{(y₁, y₂) : 0 ≤ y₁ < 1/2 and 1/4 < y₂ ≤ 1}

Integrate the joint density over this region:

[tex]P\left(Y_1<\dfrac12,Y_2>\dfrac14\right) = \displaystyle\int_0^{\frac12}\int_{\frac14}^1 (y_1+y_2)\,\mathrm dy_2\,\mathrm dy_1 = \boxed{\dfrac{21}{64}}[/tex]

(b) The line Y₁ + Y₂ = 1 cuts the support in half into a triangular region,

{(y₁, y₂) : 0 ≤ y₁ < 1 and 0 < y₂ ≤ 1 - y₁}

Integrate to get the probability:

[tex]P(Y_1+Y_2\le1) = \displaystyle\int_0^1\int_0^{1-y_1}(y_1+y_2)\,\mathrm dy_2\,\mathrm dy_1 = \boxed{\dfrac13}[/tex]

Y₁ and Y₂ are not independent because

P(Y₁ = y₁, Y₂ = y₂) ≠ P(Y₁ = y₁) P(Y₂ = y₂)

To see this, compute the marginal densities of Y₁ and Y₂.

[tex]P(Y_1=y_1) = \displaystyle\int_0^1 f(y_1,y_2)\,\mathrm dy_2 = \begin{cases}\frac{2y_1+1}2&\text{if }0\le y_1\le1\\0&\text{otherwise}\end{cases}[/tex]

[tex]P(Y_2=y_2) = \displaystyle\int_0^1 f(y_1,y_2)\,\mathrm dy_1 = \begin{cases}\frac{2y_2+1}2&\text{if }0\le y_2\le1\\0&\text{otherwise}\end{cases}[/tex]

[tex]\implies P(Y_1=y_1)P(Y_2=y_2) = \begin{cases}\frac{(2y_1+1)(2y_2_1)}4&\text{if }0\le y_1\le1,0\ley_2\le1\\0&\text{otherwise}\end{cases}[/tex]

but this clearly does not match the joint density.

If 3 3/4m of cloth was used for one suit, how many suits can be made with 30m cloth​

Answers

Answer:

8 suits

Step-by-step explanation:

Divide 30 m by 3 [tex]\frac{3}{4}[/tex] m , or 30 ÷ 3.75 , then

30 ÷ 3.75 = 8

Then 8 suits can be made from 30 m of cloth

The sum of 9 and c is less than or
equal to 15.

Answers

Answer:

less than or equal to -26

Answer:

9+c < 15

OR

c < 6

Step-by-step explanation:

"the sum of 9 and c" means: 9+c

"is less than or equal to 15" means: < 15

If you need to simplify it, then subtract 9 from both sides, and you get

c < 6

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