Rose and Andrew are financing $128,000 to purchase a condominium. They obtained a 15-year, fixed-rate loan with a rate of 5. 5%. They have been given the option of purchasing up to four points to lower their rate to 4. 81%. How much will the four points cost them?

Answers

Answer 1

The cost of the four points will be $8296.8496

What is simple interest?

A quick and simple way to figure out interest on money is to use the simple interest technique, which adds interest at the same rate for each time cycle and always to the initial principal amount. Any bank where we deposit our funds will pay us interest on our investment. One of the different types of interest charged by banks is simple interest. Now, before exploring the idea of basic curiosity in further detail,

$ 128,000 is the amount financed (P).

t = 15 years

The interest rate equals 5.05%.

Amount after 15 years equals,

A = [tex]P(1+\frac{r}{100}[/tex]

=128,000[tex](1+\frac{5.05}{100} )^{15}[/tex]

=268009

Rose and Andrew has taken four points to lower their rate to 4.81% .

A =128,000 [tex](1+\frac{4.81}{100} )^{15}[/tex]

A = 259,713

Cost of four points = 268,009.890 - 259,713.040  = $8296.8496

Hence, the cost of the four points will be $8296.8496

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Related Questions

Select the correct answer. Which value in this data set is an outlier? 4, 5, 1, 7, 4, 5, 8, 9, 6, 5, 4, 9, 7 A. 1 B. 2 C. 3 D. 9

Answers

So, on solving the provided question, we can say that the outlier from the following data set will be 8.

What is outlier?

Outliers are data points that deviate from the distribution's typical pattern. a value that is "outside" of the record's typical range (either significantly lower or substantially greater). For instance, both 3 and 85 are "outliers" when the scores are 25, 29, 3, 32, 85, 33, 27, 28, etc. Move away. Look for values that are significantly larger or significantly smaller than all other values to identify outliers. Because it is significantly smaller than all other values, Value 4 is an outlier. An observation that differs unusually from other values in a population sample taken at random is referred to as an outlier.

outlier = 4, 5, 1, 7, 4, 5, 8, 9, 6, 5, 4, 9, 7

outlier = 8

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How do you find the third side?

Answers

The third side of a triangle can be found using the Pythagorean Theorem.

This states that the sum of the squares of the two shorter sides of a triangle must equal the square of the longest side (the hypotenuse).

Let's say you have a triangle with sides a, b, and c, where c is the longest side. To find c, you can use the following formula:

c = √(a2 + b2)

For example, if you have a triangle with sides a = 4 and b = 5, then c = √(42 + 52) = √41 = 6.4. Therefore, the third side of the triangle is 6.4.

To calculate this using steps, you would first square the two shorter sides of the triangle:

a2 = 4 x 4 = 16

b2 = 5 x 5 = 25

Then, add the two squares together:

16 + 25 = 41

Finally, take the square root of the sum to find the length of the third side:

√41 = 6.4

Therefore, the third side of the triangle is 6.4.

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Jamila deposits $800 in an account that earns yearly simple interest at a rate of 2.65%. How much money is in the account after 3 years and 9 months?

Answers

Answer:

$821.2

Step-by-step explanation:

cause 2.65 percentage of 800 dollars is 800/100=8*2.65=21.2dollars.+800 =$821.2

Graph the line with 1 passing through the point (3, -4)

Answers

Answer:y=1x-7

Step-by-step explanation:

How do you know if 3 lengths will make a triangle?

Answers

If three lengths can make a triangle by using the Triangle Inequality Theorem which states . that any two triangle sides added together must exceed the third side If the sum of any two sides is equal to or less than the third side, then the lengths cannot make a triangle.

The Triangle Inequality Theorem can be used to determine if a triangle can be formed from three lengths. According to this theorem, any two triangle sides must add up to more than the third side. To put it to use, add up the lengths of the first two sides and compare them to the third side's length. The lengths cannot form a triangle if the total of the first two sides is more than or equal to the third side. The lengths can form a triangle if the product of the first two sides is bigger than the product of the third side.

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What is the sum of the positive integers that are solutions of -3n +3 >-11?

Answers

Step-by-step explanation:

-3n + 3 > -11

-3n > -14

3n < 14

n < 14/3

14/3 = 4.66666666...

the only positive integers that are smaller than 4.666666... are

4, 3, 2, 1

their sum is

4+3+2+1 = 10

Find the area of the right triangle below.
9m
4m

Answers

Answer:

18 m²

Step-by-step explanation:

The area is the size of a 2-dimensional shape.

Area of a Triangle

The formula for the area of a triangle is [tex]\frac{1}{2}bh[/tex], where b is the base and h is the height.

This formula comes from the fact that a triangle is half of a rectangle. Remember that the area of a rectangle is the base times the height, so a triangle would be half of this.

Solving for Area

The base of the triangle is 9 meters. Then, the height is 4 meters. So, we can plug these values into the formula.

[tex]A=\frac{1}{2}*4m*9m[/tex]

So, A = 18. Then, since meters are being multiplied by each other, the units are meters squared. The final answer is 18 m².

Given that K is the midpoint of segments RM and JL, and prove Δ RKJ ≅ Δ MKL.


Statements
Reasons
1. K is the midpoint of segments RM and JL
1. Given
2.
2.
3. and
3.
4. RK = MK and JK = LK
4. Definition of Congruent Segments
5. Δ EGF ≅ Δ EGH
5.


What is Reason #3?
a
Given
b
Definition of Midpoint
c
CPCTC
d
SSS Congruence Postulate

Answers

The complate table is,

Statement                                                 Reasons

1) K is the midpoint of segments                      Given

  RM and JL.

2) RJ ≅ ML                                                  SSS Congruence Postulate

3) RK ≅ MK ,  JK ≅ LK                                 Definition of Midpoint

4) RK = MK , JK = KL                                    Definition of Congruence

                                                                   Segments

5) Δ EGF ≅ Δ EGH                                      CPCTC

What is Line segment?

A line segment is a part of line having two endpoints and it is bounded by two distinct end points and contain every point on the line that is between its endpoint.

Given that;

K is the midpoint of segments RM and JL.

Now,

Since, K is the midpoint of segments RM and JL.

Hence, We get;

   Statement                                                 Reasons

1) K is the midpoint of segments                      Given

  RM and JL.

2) RJ ≅ ML                                                  SSS Congruence Postulate

3) RK ≅ MK ,  JK ≅ LK                                 Definition of Midpoint

4) RK = MK , JK = KL                                    Definition of Congruence

                                                                   Segments

5) Δ EGF ≅ Δ EGH                                       CPCTC

Thus, The complete table is shown above.

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What is the length of the 3rd side?

Answers

The length of the 3rd side cannot be determined without at least one more side length.

In order to calculate the length of the third side of a triangle, we must also have the lengths of the other two sides. This is because the sum of the three sides of a triangle must equal 180°, so the length of one side can be determined from the other two. For example, if two sides have lengths of 4 and 8, then the third side must have a length of 8, as

4 + 8 + 8 = 180°.

Without knowing the lengths of the other two sides, it is impossible to calculate the length of the third side.

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Solve each system by graphing


I’m looking for the answer but also a explanation of how you solved it so I can solve the other 1s without help

Answers

Answer: its hard to give an answer but read explanation

Step-by-step explanation: so the first number (1/3x) is your slope and the second number is the y-intercept (5). so for example, you're going to put positive 5 on the y-axis and because you slope is a fraction, rise/run will make you go 3 to the right and 1 up. Then you do the same with the second equation except, the slop is negative and you'll have to go down.

A movie collection has 6 mystery, 10 comedy, 4 adventure, 9 drama, and 12 science fiction discs. How many 5-disc combinations can be made from the collection? (Hint: Divide the total combinations by 5. )

Answers

There are 749398 5-disc combinations that can be made from the collection.

Combination refers to the number of ways that a certain number of items can be selected from a larger set of items without regard to the order of the items. It is different from permutation, which takes into account the order of the items.

The number of combinations can be calculated using the formula:

nCr = n! / (r! x (n - r)!)

Where n is the total number of items in the collection, and r is the number of items in each combination

Since a movie collection has 6 mystery, 10 comedy, 4 adventure, 9 drama, and 12 science fiction discs, then the total number of discs in the collection is 41.

Plug in the values to the formula for combination.

nCr = n! / (r! x (n - r)!)

41C5 = 41! / (5! x (41 - 5)!)

41C5 = 41! / (5! x 36!)

41C5 = 749398

Therefore, there are 749398 5-disc combinations that can be made from the collection.

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Solve 3x^2 - 6x - 9?

Answers

Answer:

3(x+1)(x-3)

Step-by-step explanation:

Well, this isn't an equation, but we can factor it like this:

[tex]3x^2-6x-9=3(x^2-2x-3)=3(x+1)(x-3)[/tex]

Frankie enlarged the size of a rectangle to a height of 20 cm. What is the new width if it was originally 2 cm wide and 4 cm tall

Answers

Answer: 10

Step-by-step explanation:

4 to 20 which is times by 5 so 2 times by 5 is 10

Determine the prices for which quantity demanded is greater than quantity supplied.

Answers

The prices where the quantity demanded is greater than quantity supplied are :

$ 2$ 1$ 0

When is quantity demanded greater than quantity supplied ?

Quantity demanded refers to the amount of goods and services that people and businesses in an economy demand.

This amount of goods and services demanded will be more than the quantity supplied when the price of the good or service is less than the equilibrium price.

The equilibrium price here is $ 3 and so the prices less than $ 3 are $2, $1, and $ 0.

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Calculate the size of angle ABC

Answers

Therefore , the solution of the given problem of trigonometry comes out to be  B = arcsin(9/14) - 180° = 140.0°.

Describe trigonometry.

Correlations between triangles' angles and sides are studied in the branch of mathematics known as trigonometry. Since every straight-sided form may be reduced to a collection of triangles, trigonometry can be found throughout geometry. The relationships between trigonometry and other branches of mathematics, in particular calculus, real or complex, infinite series, logarithms, and infinite series, are astonishingly complicated.

Here,

There are two potential solutions because the supplied angle is opposite the given side that is the shortest.

Using the sine law,

B = b/asin(A)arcsin(9/7sin(30°))arcsin(9/14)

Angle B may take on the following values:

B is equal to arcsin(9/14) = 40.0°.

B = arcsin(9/14) - 180° = 140.0°

Therefore , the solution of the given problem of trigonometry comes out to be  B = arcsin(9/14) - 180° = 140.0°.

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Multiply (x-3)(4x+2) using the FOIL method. Select the answer choice showing the FOIL method products

Answers

The result of (x-3)(4x+2) using FOIL method is 4x^2 -6x +2x -6.

The FOIL method is a technique used to multiply two binomials. It stands for "First, Outer, Inner, Last" and follows these steps:

First: Multiply the first term of the first binomial by the first term of the second binomial

Outer: Multiply the first term of the first binomial by the second term of the second binomial

Inner: Multiply the second term of the first binomial by the first term of the second binomial

Last: Multiply the second term of the first binomial by the second term of the second binomial

Applying FOIL method to (x-3)(4x+2) we get:

First: 4x * x = 4x^2

Outer: 4x * -3 = -12x

Inner: -3 * 4x = -12x

Last: -3 * 2 = -6

So the result of (x-3)(4x+2) is 4x^2 -12x -12x -6 = 4x^2 -24x -6.

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•35 POINTS• don’t explain.

SSS
SAS
ASA
SAA
HL

Answers

Answer:   HL

Reason:

The tickmarks tell us that the pair of hypotenuses are congruent.

The shared horizontal sides at the bottom are the pair of congruent legs of the right triangles. Therefore, we can use the hypotenuse leg (HL) theorem. This theorem only works for right triangles.

HELP ME NOW PLEASE DESCRIBE AND CREATE FRACTION PATTERNS

find the rule

1 3/8, 1 3/4, 2 1/8, 2 7/8

Answers

The missing term of the arithmetic sequence is 2 1/2

What is Arithmetic Progression?

An arithmetic progression is a sequence of numbers in which each term is derived from the preceding term by adding or subtracting a fixed number called the common difference "d"

The general form of an Arithmetic Progression is a, a + d, a + 2d, a + 3d and so on. Thus nth term of an AP series is Tn = a + (n - 1) d, where Tₙ = nth term and a = first term. Here d = common difference = Tₙ - Tₙ₋₁

Sum of first n terms of an AP: Sₙ = ( n/2 ) [ 2a + ( n- 1 ) d ]

Given data ,

Let the arithmetic sequence be represented as A

Now , the equation will be

A = 1 3/8 , 1 3/4 , 2 1/8 , x , 2 7/8

The first term a₁ = 1 3/8

The second term a₂ = 1 3/4

The common difference d of the arithmetic sequence d = second term - first term

Common difference d = 1 3/8 - 1 3/4 = 3/8

Now , the fourth term of the arithmetic sequence is given by

Tn = a + (n - 1) d

Substitute the values in the equation , we get

a₄ = 1 3/8 + ( 4 - 1 ) ( 3/8 )

a₄ = 11/8 + 9/8

a₄ = 20/8

a₄ = 2 4/8

a₄ = 2 1/2

Therefore , the fourth term is 2 1/2

Hence , it is an arithmetic sequence and the fourth term is 2 1/2

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Blake has $17.00 to spend at the grocery store. She is going to buy bags of fruit that cost $4.50 each and one box of crackers that costs $3.50​

Answers

You should fully ask the question so someone could answer it.

Consider sequences of positive real numbers of the form , in which every term after the first is 1 less than the product of its two immediate neighbors. For how many different values of does the term 3000 appear somewhere in the sequence ?
a. 1
b. 2
c. 3
d. 4
e. more than 4

Answers

No two values of x in the computation we just did are equal, there are 4 different values of x for which the sequence contains the value 2001.

What is meant by sequences?

An ordered list of numbers is all that a sequence is. Number series are collections of numbers that adhere to a pattern or guideline. An arithmetic sequence is one where the rule is to add or take away a number each time.

To estimate a few terms of the sequence in order to obtain a feel how it looks like.

In our case, the definition is that [tex]$\forall$[/tex] (for all) [tex]$n > 1: a_n=a_{n-1} a_{n+1}-1$[/tex].

This can be rewritten as [tex]$a_{n+1}=\frac{a_n+1}{a_{n-1}}$[/tex].

We have [tex]$a_1=x$[/tex] and [tex]$a_2=2000$[/tex], and we estimate:

[tex]$& a_3=\frac{a_2+1}{a_1}=\frac{2001}{x} \\[/tex]

[tex]$& a_4=\frac{a_3+1}{a_2}=\frac{\frac{2001}{x}+1}{2000}=\frac{2001+x}{2000 x} \\[/tex]

[tex]$& a_5=\frac{a_4+1}{a_3}=\frac{\frac{2001+x}{2000 x}+1}{\frac{2001}{x}}=\frac{\frac{2001+2001 x}{2000 x}}{\frac{2001}{x}}=\frac{1+x}{2000} \\[/tex]

[tex]$& a_6=\frac{a_5+1}{a_4}=\frac{\frac{1+x}{2000}+1}{\frac{2001+x}{2000 x}}=\frac{\frac{2001+x}{2000}}{\frac{2001+x}{2000 x}}=x \\[/tex]

[tex]$& a_7=\frac{a_6+1}{a_5}=\frac{x+1}{\frac{1+x}{2000}}=2000[/tex]

At this point we see that the sequence will become periodic: we contain [tex]$a_6=a_1, a_7=a_2$[/tex], and each subsequent term exists uniquely determined by the previous two.

Hence 2001 appears, it contains to be one of [tex]$a_1$[/tex] to [tex]$a_5$[/tex].

As [tex]$a_2=2000$[/tex], we only have four possibilities left.

Clearly [tex]$a_1=2001$[/tex] for x = 2001, and [tex]$a_3=2001$[/tex] for x = 1.

The equation [tex]$a_4=2001$[/tex]

solves to [tex]$x=\frac{2001}{2000 \cdot 2001-1}$[/tex], and the equation [tex]$a_5=2001$[/tex] to [tex]$x=2000 \cdot 2001-1$[/tex]

There are four alternative values of x for which the sequence contains the value 2001 since no two values of x are equal in the computation we just performed.

Therefore, the correct answer is option (D) 4.

The complete question is:
Consider sequences of positive real numbers of the form x, 2000, y, ........  in which every term after the first is 1 less than the product of its two immediate neighbors. For how many different values of x does the term 2001 appear somewhere in the sequence?

(A) 1

(B) 2

(C) 3

(D) 4

(E) more than 4

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The sum of two numbers is 50. the greater number is four less than five times the lesser number. Find the numbers

Answers

X=greater number
Y=lesser number
x+y=50
x=5y-4

5y-4+y=50
+4 +4
5y+y=54
V
6y=54
/6 /6
y=9

X=5(9)-4
X=45-4
X=41

41+9=50 ✔️

Greater number=41
Lesser number=9

The required two numbers are 9 and 41.

What is the equation?

The equation is defined as a mathematical statement that has a minimum of two terms containing variables or numbers that are equal.

Let x be the lesser number, and y be the greater number.

From the question, we know that:

x + y = 50 (Equation 1: The sum of the two numbers is 50)

y = 5x - 4 (Equation 2: The greater number is four less than five times the lesser number.)

The equation is to solve for one of the variables, and then substitute that value into the other equation to find the other variable.

Then, two numbers are x = 9 and y = 41.

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Mitchell made a scale drawing of a house. A rug in the hallway is 5 inches wide in the drawing. The actual rug is 3 feet wide. What is the drawing's scale factor?

Simplify your answer and write it as a ratio, using a colon.

Answers

Answer:

Step-by-step explanation:

a.Scale factor = distance on the plot / actual distance

b.3 feet = 12 inchs.

so scale factor = 5/12

Sonji has $5.25 in nickels and dimes.The coin value can be modeled by the equation , where d represents the number of dimes and n represents the number of nickels. If Sonji has 21 dimes, how many nickels does she have

Answers

The number of nickels that Sonji has as per the given equation is 63.

What is the value of N mean?In mathematical operations, “n” is a variable, and it is often found in equations for accounting, physics and arithmetic sequences. A variable is a letter or symbol that stands for a number and is used in mathematical expressions and equations. In an arithmetic sequence, which is a list of numbers that follow a pattern, “n” is a variable representing the number of the term to find.For instance, if students want to find the value of the seventh term, “n” would be 7. In physics, an equation for standing waves uses “n” as an integer symbolizing the harmonic number or number of antinodes. The equation evaluates the length of the string in terms of its wavelength. In accounting, “n” is used in the equation for compound interest. It represents the number of compounding in 1 year.

We are given the information that Sonji has 21 dimes (which means that d=21). We can use the equation to find the number of nickels n.

0.10d + 0.05n = 5.25

0.10(21) + 0.05n = 5.25

2.10 + 0.05n = 5.25

0.05n = 3.15

n = 3.15 / 0.05

n = 315 / 5

n = 63

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You have an ant farm with 22 ants . The population of ants in your farm will double every 3 months

Answers

The number of ants in 6 months will be 88 ants.

How to calculate the value?

The word problem in mathematics simply refers to a question that is written as a sentence or in some cases more than one sentence which requires an individual to use his or her mathematics knowledge to solve the real life scenario given.

In this situation, in an ant farm with 22 ants and the population of ants in your farm will double every 3 months.

The number of ants in 6 months will be:

= 22 × (6/3)²

= 22 × 2²

= 88 ants

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Complete question

You have an ant farm with 22 ants . The population of ants in your farm will double every 3 months. What is the number of ants in 6 months.

Why will the speedup of a parallel algorithm will eventually reach some limit?

Answers

The advantages of adding additional processors will decrease as more are added because some portions are always still sequential, and eventually the speedup approaches a limit.

What is a parallel algorithm's speedup factor?

The ratio of the compute time for the sequential method to the time for the parallel algorithm represents the speedup of a parallel algorithm over a matching sequential algorithm. n-fold speedup is what we refer to if the speedup factor is n. For instance, if a sequential approach needs 10 minutes to compute while a parallel algorithm needs just 2, then the speedup is 5 times.

The observed speedup is dependent on every aspect of the implementation. For instance, more processors frequently result in speedups that are greater; but, if other programmer are running on the processors concurrently with a programmer using a parallel technique, the speedup may be reduced by those other applications.

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What does B mean in texting to a girl?

Answers

B typically stands for "Be" in texting. Depending on the context, it could mean different things. For example, it could mean "Be mine" or "Be mine forever" when expressing affection for a girl. It could also mean "Be safe" when wishing someone well.

1. B is a commonly used acronym in texting.

2. It typically stands for the word "Be".

3. Depending on the context, it could mean different things such as expressing affection for a girl or wishing someone well.

B is an acronym commonly used in texting that typically stands for the word "Be" and can have different meanings depending on the context.

B typically stands for "Be" in texting. Depending on the context, it could mean different things. For example, it could mean "Be mine" or "Be mine forever" when expressing affection for a girl. It could also mean "Be safe" when wishing someone well.

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help please (photo attached)

Answers

Answer:

slope = -1

Step-by-step explanation:

any 2 points:

(2,2) (0,4)

to find the slope we use the formula:

[tex] \frac{y2 - y1}{x2 - x1} [/tex]

slope is:

2/-2 = -1

Answer:

The slope is =

2/-2 = -1

Step-by-step explanation:

Also i hope you have a wonderful day !

What happened in chapter 3 of The Strange Case of Dr Jekyll?

Answers

In Chapter 3 of "The Strange Case of Dr. Jekyll and Mr. Hyde," we see how Utterson's investigation and how Jekyll's addiction to his dark side starts to unravel.

In this chapter, Dr. Jekyll's friend and lawyer, Mr. Utterson, becomes increasingly concerned about the strange goings-on surrounding his friend and his association with the mysterious Mr. Hyde. Utterson begins to investigate the relationship between the two men, and discovers that Jekyll has made a will leaving all of his property to Mr. Hyde. Utterson also discovers that Jekyll and Hyde have the same handwriting, and becomes convinced that Jekyll is hiding something.

As Utterson continues to dig, he is eventually able to piece together the truth of the situation: Jekyll has been using a potion to transform himself into the violent and evil Mr. Hyde. Jekyll reveals to Utterson that he has been struggling for a long time with his dual nature and that the potion allows him to temporarily indulge his darker impulses without fear of discovery. Utterson urges Jekyll to give up the potion, but Jekyll refuses, saying that he is powerless to stop using it.

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How does the mean absolute deviation (MAD) of the data in set 1 compare to the mean absolute deviation of the data in set 2

Answers

On solving the provided question, we can say that 12,12,12,22,23,32,43 Mean Absolute Deviation (MAD): 8.8979591836735

what is mean absolute deviation?

The average of the absolute deviations from the center point within a dataset is called the mean absolute deviation. This statistic summarizes the statistical spread or variability. Each data point's average distance from the mean is known as the dataset's mean absolute deviation. This gives a sense of the dataset's variability. To determine the absolute value, take the mean from each integer in the dataset and then subtraction. Take the total of the absolute values next. Subtract the aforementioned sum from the total number of items in the dataset to obtain the mean absolute deviation.

12,12,12,22,23,32,43

Mean Absolute Deviation (MAD): 8.8979591836735

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Answer:

On solving the provided question, we can say that 12,12,12,22,23,32,43 Mean Absolute Deviation (MAD): 8.8979591836735

Step-by-step explanation:

Find the Average Rate of Change of the graph over the interval -4 < x < 5

Answers

Answer:

AROC = - [tex]\frac{2}{3}[/tex]

Step-by-step explanation:

the average rate of change of g(x) in the closed interval [ a, b ] is

[tex]\frac{g(b)-g(a)}{b-a}[/tex]

here [ a, b ] = [ - 4, 5 ] , then

g(b) = g(5) = - 1 ← point (5, 1 ) on graph

g(a) = g(- 4) = 5 ← point (- 4, 5 ) on graph

average rate of change = [tex]\frac{-1-5}{5-(-4)}[/tex] = [tex]\frac{-6}{5+4}[/tex] = [tex]\frac{-6}{9}[/tex] = - [tex]\frac{2}{3}[/tex]

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