Buck takes out a $235,000 mortgage at 4.3%. He plans to make monthly payments of $1,136 over the course of 30 years. What is the loan’s APR?


APR=2nfP(N+1


4.3%
4.9%
5.7%
7.9%

Answers

Answer 1

The loan's APR is 246.7%. Buck takes out a $235,000 mortgage at 4.3%. He plans to make monthly payments of $1,136 over the course of 30 years.

Define APR.

The interest charged for borrowing that reflects the real yearly cost of the loan stated as a percentage is called the annual percentage rate (APR). the annual percentage cost of borrowing, which takes into account interest and other costs. Example. An APR of 9% is calculated using a $1000 loan with an annual interest rate of $80 and a service charge of $10.

Given,

Without a doubt, given that

Buck borrowed $235,000 in all.

$1136 in monthly payments

Loan term:

30 years

30 × 12

360 months

Buck's repayment amount equals monthly payments length of the loan

= 360 x 1136

= $408960

APR

= Amount paid back by buck - Amount borrowed by buck/Amt borrowed × Duration

= 408960 - 235000/235000 × 30

= 2.467 × 100

= 246.7%

The loan's APR is 246.7%. Buck takes out a $235,000 mortgage at 4.3%. He plans to make monthly payments of $1,136 over the course of 30 years.

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Answer 2

Answer:

4.3%

Step-by-step explanation:

correct on odyssey


Related Questions

The water level in a swimming pool increased from 4.5 feet to 6 feet what is the percent increase in the water rounded to the nearst tenth of a percent

Answers

Answer: 46%

Step-by-step explanation:

Jasmine bought a fidget spinner for $3. She decided to mark up the price by 850% and sell it to her friend Bryan. How much did Jasmine sell the fidget spinner to Bryan for? Do not include the $ sign.

please help:)

Answers

Jasmine sold the fidget spinner to Bryan for the cost of $5.55.

To find the cost that Jasmine sold the fidget spinner to Bryan for, we need to first find the amount of the markup by multiplying the original price by the markup percentage.

As per the question, the original price of the fidget spinner is $3, and the markup percentage is 850%, so the markup amount is :

$3 × 850% = $2.55.

Next, we need to add the markup amount to the original price to find the selling price. So, the selling price is :

$3 + $2.55 = $5.55.

Therefore, Bryan paid $5.55 for the fidget spinner that Jasmine had just sold him.

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What is to 4285 feet in yards

Answers

Answer:

1428.33333 yards

Step-by-step explanation:

1 foot = 0.33333 yards

4285 feet = 4285*0.33333 = 1428.33333 yards

b. What percent of the votes does the least popular mascot receive?
The least popular mascot receives
Explain your reasoning.
BI U T² T₂
% of the votes.
c. There are 124 votes total. How many votes does tiger receive?
Tiger receives
votes.

Answers

Yes it is c because the total is that and have a lovely day Ehehe Ehehe. E r. R r r r

Heidi walks 3 miles per hour and chris walks 20,000 feet per hour. About how much faster is Chris walking than Heidi, in feet per minute?
(1 mile=5,280 feet)

Answers

Answer:

his gives us that Chris is walking 69 feet per minute faster than Heidi.

Step-by-step explanation:

1 mile is equal to 5,280 feet, we can multiply 3 by 5,280 to find that Heidi is walking 15,840 feet per hour.

Next, we need to convert both speeds to feet per minute. Since there are 60 minutes in an hour, we can divide both speeds by 60 to convert them to feet per minute. This gives us that Heidi is walking 264 feet per minute and Chris is walking 333 feet per minute.

Finally, to find out how much faster Chris is walking than Heidi, we can subtract Heidi's speed in feet per minute from Chris's speed in feet per minute.

The table shows the distance traveled by a runner. Use the table to find the constant of proptioaltiy

Answers

The constant of proportionality representing the distance travelled by the runner is equivalent to 9.1.

What is the general equation of a Straight line? How it can be used to represent the constant of proportionality?

The general equation of a straight line is -

y = mx + cm → is slope of line which tells the unit rate of change of [y] with respect to [x].c → is the y - intercept i.e. the point where the graph cuts the [y] axis.

The equation can also be used to represent direct proportionality as -

y = mxm = y/x

m is called constant of proportionality

Given is a table that shows the distance traveled by a runner.

We can write the constant of proportionality as -

m = (13.65 - 4.55)/(1.5 - 0.5)

m = 9.1

Therefore, the constant of proportionality for the data that shows the distance travelled by the runner will be 9.1.

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Ivanna runs 6 miles in 44 minutes. At the same rate, how many minutes would she take to run 9 miles?

Answers

Answer:

Step-by-step explanation:

66 minutes

6b 4r repreent the total cot of the rice and bean Gabriel bought. If he return 2 bag of bean and 1 bag of rice, the expreion that repreent the total cot after the return i (6b 4r) – (2b r). What i thi expreion after implifying?

Answers

The expression after simplifying is 4b + 3r

What is Expression ?

Mathematical expressions consist of at least two numbers or variables, at least one arithmetic operation, and a statement. It's possible to multiply, divide, add, or subtract with this mathematical operation. An expression's structure is as follows: Expression: (Math Operator, Number/Variable, Math Operator)

According to question

The total cost of the rice = 6b

The total cost of the bean = 4r

The total cost of the rice and bean Gabriel bought = 6b + 4r

The total cost after the return =  (6b 4r) – (2b + r)

Simplifying

⇒ (6b + 4r) – (2b + r)

⇒ (6b + 4r) – 2b - r

⇒ 6b + 4r – 2b - r

⇒ 6b – 2b + 4r - r

⇒ 4b + 3r

hence, The expression after simplifying is  4b + 3r

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write a polynomial function f of least defgree that has rational coefficients, a leading coefficient of 1, and the given zeros

Answers

A polynomial function f is equal to x^3- 11x^2+41x- 51 of least degree that has rational coefficients, a leading coefficient of 1, and the given zeros.

The degree of this polynomial is 3 and the leading coefficient is 1. Three zeros are 3, 4+i, 4-i bc, and a-bi if a+bi is zero, also known as the conjugate postulate. With this information, we can say that the factors are (x-3)(x-(4+i) )(x-(4-i)).

When we start multiplying, we group like this

(x-3)( (x-4) + i )( (x-4) -i )

Multiply the second two factors first.

(x-4)^2 - (i)^2 [This is the difference of squares (a+b)(a-b)].

We know that

i^2 = -1

= x^2 -4x -4x +16 - (-1)

= x^2-8x+16+1

= x^2 -8x +17

Don't forget (x-3).

Solving complete factors

(x-3)(x2-8x+17)

= x^3 -8x^2 +17x -3x^2 +24x -51

= x^3-11x^2+41x-51

This is the final equation of the polynomial.

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what is the probability????

Answers

The probability is…… 0.02

1.
Calculate the value of a for which the polynomial 2x^3 +7x^2 + ax + 2 has the root x = -2. Also, calculate the other roots of the polynomial.

Answers

The other two roots of the polynomial are x = (7 + √33)/4 and x = (7 - √33)/4.

What is polynomial?

A polynomial is an expression of one or more algebraic terms, each of which is composed of constants and/or variables raised to non-negative integer powers. A polynomial can be written in the form of an equation, where the coefficients of the terms form a sequence of numbers. Polynomials can also be expressed using a factored form, in which each of the terms is the product of a coefficient and a single variable or factor. Polynomials are commonly used to model real-world phenomena, such as the behavior of a system or process. The degree of a polynomial, which is the highest degree of the terms, determines the number of solutions it has. For example, a polynomial of degree two has two solutions while a polynomial of degree three has three solutions. The solutions of a polynomial are determined by solving the equation formed by the polynomial's terms.

Let us first rewrite the polynomial in a standard form:

2x^3 + 7x^2 + ax + 2 = 0
We can factor this polynomial using the Factor Theorem. The Factor Theorem states that if a is a root of a polynomial, then x-a is a factor of the polynomial.
Since x=-2 is a root of the polynomial, the factor (x+2) must be a factor of the polynomial.
Therefore, we can rewrite the polynomial as:
2x^3 + 7x^2 + ax + 2 = 2(x+2)(x^2 + bx + c)
Now, we can use the coefficients of the polynomial to solve for a, b and c.
Comparing the coefficients of the polynomial on both sides:
2 = 2c
7 = b
a = -2b-4c
Substituting the values of c and b in the equation for a, we get:
a = -2(b) - 4(2)
 = -2(7) - 8
 = -16
Therefore, the value of a is -16.
To find the other roots of the polynomial, we just need to solve the remaining factor (x^2 + bx + c) = 0.
Substituting the values of b and c, we get:
x^2 + 7x + 2 = 0
We can solve this equation using the Quadratic Formula:
x = [-b ± √(b^2 - 4ac)]/2a

Substituting the values of a, b and c, we get:
x = [-7 ± √(7^2 - 4(2)(2))]/2(-2)
 = [-7 ± √(49 - 16)]/-4
 = [-7 ± √33]/-4
Therefore, the other two roots of the polynomial are x = (7 + √33)/4 and x = (7 - √33)/4.

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Describe the end behavior of the function -2x^3-13x^2+8x+52

Answers

Answer:

[tex]\text{as x} \to \infty, \ \text{y} \to -\infty\\\\\text{as x} \to -\infty, \ \text{y} \to \infty[/tex]

Rises to the left; falls to the right

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

Explanation:

The leading term is what determines the end behavior of any polynomial function.

Given polynomial:   -2x^3-13x^2+8x+52Leading term: -2x^3

The leading term has the largest exponent. The other terms will have no effect on the end behavior.

As x gets really large in the positive direction, so does x^3. But the -2 out front will flip to have y go to negative infinity.

Therefore:  [tex]\text{as x} \to \infty, \ \text{y} \to -\infty[/tex]

We can informally think of this as "falls to the right".

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

As x heads to the left, x^3 becomes further negative. But -2 out front makes -2x^3 to be positive.

So [tex]\text{as x} \to -\infty, \ \text{y} \to \infty[/tex] aka "rises to the left".

Whatever x does, y does the opposite. If x goes positive, then y goes negative and vice versa.

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

The end behavior is therefore

[tex]\text{as x} \to \infty, \ \text{y} \to -\infty\\\\\text{as x} \to -\infty, \ \text{y} \to \infty[/tex]

x and y are opposite.

We can summarize that notation as saying "rises to the left, falls to the right".

See the graph below. I used GeoGebra to make the graph, but you can use Desmos or any other tool you prefer.

what is 3/2 divided by 4

Answers

The answer is 0.375
This is how we solve
3/2:4=3/8=0.375

Find how many years it takes for money to quadruple when invested at an annual interest rate of 1.8% compounded continuously.

Answers

Answer:

It takes 38.5 years for money to quadruple when invested at an annual interest rate of 1.8% compounded continuously.

w(n)=4n-3; Find w(n+4)

Answers

Answer:

w(3n)=12n+2

Step-by-step explanation:

. Explanation: to evaluate w(3n) substitute n=3n into w(n). ⇒w(3n)=4(3n)+2=12n+2.

Where d is the distance traveled by an object moving at speed r in time t
Find d if r = 10 m/sec. t = 15 sec.

A) 5m
B)25m
C) 150m​

Answers

Answer:

Option C is the correct answer

C) 150 m

Step-by-step explanation:

Speed = Distance ÷ Time

Distance = Speed × Time

d = 10 × 15

d = 150 m

Thus, The speed of the object is 150 m.

Answer:

d=150m

Step-by-step explanation:

Speed = Distance /Time 

10= d/155

d= 150m

an agricultural field test compares two varieties of corn, silver queen and country gentlemen. the researches takes 10 plots and divides each of these plots in half. each plot has a similar amount of sun light, shade, quality of soil and irrigation. the variety of corn is randomly chosen for each half of a plot. after the harvest, the yield of corn is measured for each half plot at each location. the yield from silver queen was compared to the yield of country gentlemen. note: differences were taken by taking silver queen - country gentlemen the 95% confidence interval for the mean is (-0.223, 0.988). what can we expect will be the p-value for a two sided test using this data?

Answers

The solution to this problem is the p-value must be higher than 0.05.

Confidence interval definition:

A confidence interval in frequentist statistics is a range of estimates for an unobserved parameter. The most common confidence level for computing confidence intervals is 95%, however other levels, including 90% or 99%, are sporadically employed.

Here ,

In this given problem we can see confidence interval has 0 in it.

So,

Since the confidence interval comprises 0, the null hypothesis should be rejected.

When the p-value exceeds the level of significance, the null hypothesis is only rejected.

Since alpha=0.05 in this case, the p-value must be higher than 0.05.

Thus, the p-value must be higher than 0.05.

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Are 9(4 2 x) and 36 2 9x equivalent expressions

Answers

Yes, the given expressions are equivalent.

What is the equivalent expression?

Expressions that are equivalent do the same thing even when they have distinct appearances. When we enter the same value for the variable, two algebraic expressions that are equivalent have the same value.

We have,

9(4 - x)

and 36 - 9x

Are these equivalent expressions?

9(4 - x) = 36 - 9x

36 - 9x = 36 - 9x

So, LHS = RHS = 36 - 9x

Therefore, the expression 9(4 - x) and 36 - 9x  are equivalent expressions.

Hence, yes the given expressions are equivalent.

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. The perimeter of a rectangle is 50 inches. Its length is 3 times its width. Write and solve equation to determine the length and width of the rectangle. Check your solution.​

Answers

18.75 inches is the length of the rectangle and 18.75 inches is the width of rectangle.

What is Area of Rectangle?

The area of Rectangle is length times of width.

The perimeter of a rectangle is 50 inches.

Perimeter=2(Length+Width)

Length=3W

Perimeter=50 inches

50=2(3W+W)

50=2(4W)

50=8W

Divide both sides by 8

50/8=W

W=6.25

Length=3(6.25)=18.75.

Hence, the length of rectangle is 18.75 inches and width is 6.25 inches.

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0.25r+0.6s
show work

Answers

The verbal expression of 0.25r+0.6s is 0.25 multiplied by r plus 0.6 multiplied by s

What is an algebraic expression?

An algebraic expression can be described as an expression that is made up of coefficients, factors, terms, constants and variables.

These expressions are also known to be made up of some arithmetic and mathematical operations, which includes;

SubtractionMultiplicationDivisionAdditionBracketParentheses, etc

Examples of algebraic expressions:

2x + y

3x + 7

4z + 1

Given the expression:

0.25r+0.6s

It is written in words as;

0.25 multiplied by r plus 0.6 multiplied by s

Hence, algebraic expressions are made up of constants and terms

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Complete question:

0.25r+0.6s. What is the verbal expression

How do you solve a 3 step word problem?

Answers

The steps to solve a word problem are to read, plan and solve the problem.

1. Read: After reading the issue, decide what the question is trying to get to.

Read the issue at least twice.

Highlight or highlight important words, phrases, and numbers. Put an end to unimportant information.

2. Plan: Consider what the narrative is requesting of you. What facts are provided to you, and what do you need to learn?

Make a drawing.

Keywords may be underlined or circled. (Use crayons or highlighters to color-code important numbers and words.)

Put your own words in the question's place.

3. Solve: Which approach—addition, subtraction, multiplication, or division—could you use to uncover the information that is missing?

Create and solve a numerical sentence.

Employ counters.

Produce charts

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i need this quick ??????????????????????????????????????????

Answers

The missing terms will be 0.5, 2, and 7.5 respectibily.

What is equivalent ratio?

The concept of a ratio in mathematics is the divisional comparison of two quantities, the antecedent and consequent. As an illustration, each ingredient must be added according to a ratio during cooking. So, we may argue that a ratio is employed to represent one quantity as a portion of another. The ratio can be written as a fraction as well. If the ratio a:b is a fraction, its form is a/b. As a result, it is simple to compare two or more equivalent ratios expressed as equivalent fractions.

1st ratio is 8:16 = 1/2

So the following terms will be 1:0.5

For 4 it will be 4:2.

For15 it will be 15:7.5.

Hence, The missing terms will be 0.5, 2, and 7.5 respectibily.

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An economics graduate student in the united states earns an $18,000 stipend per year. the u.s. sees significant inflation. how might the student react?

Answers

The student react that to ask for a cost-of-living increase to her stipend when a graduate student studying economics receives an annual stipend of $18,000. U.S. inflation is quite high.

Given that,

In the United States, a graduate student studying economics receives an annual stipend of $18,000. U.S. inflation is quite high.

We have to find how may the pupil respond.

We know that,

The term "inflation" describes an increase in the cost of any goods or services.

A history graduate who was living in the United States at the time was given an allowance of $18,000. However, the United States economy is negatively impacted by significant inflation. As a result, the price of goods and services that are available to the public rises quickly. Nowadays, everyone has to spend more on everything. As a result, the graduate student must request that the cost of living be added to the stipend because they must now spend more on living expenses.

Therefore, The student react that to ask for a cost-of-living increase to her stipend when a graduate student studying economics receives an annual stipend of $18,000. U.S. inflation is quite high.

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what is the circumference of a circle that has 12 as a diameter, use 3.14 as pi and round to nearest tenth

Answers

Answer:

37.7

Step-by-step explanation:

Circumference = π × d = 3.14 × 12 = 37.68

Answer:

37.7

Step-by-step explanation:

circumference = πd

12(3.14) = 37.7 (nearest 1 d.p.)

twice a number is equal to negative four. which equation could be used to find the number? 2 n - 4 2 n

Answers

Twice a number is equal to negative four :

                       2n = -4

Equation:

An equation is a formula that expresses equality by connecting two expressions with an equal sign '='. Equations and their cousins ​​in other languages ​​may have subtly different meanings. For example, in French an equation is defined as containing one or more variables, but in English any formula in its proper form consisting of two equations joined by an equal sign is an equation.

The equation resembles a weighted scale. When two bowls have the same weight (such as grain), the two weights balance the scale and are said to be equal. If you remove a certain amount of grain from one pan of the scale, you must remove the same amount of grain from the other pan to keep the scale balanced. More generally, the equation remains in equilibrium if the same operation is performed on both sides.

According to the question:

If you wanted to solve your equation:

   2x = -4

⇒ 2x/2 = -4/2

Divide both sides by 2

For getting the value of x only:

x = -2

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a solid lies between two parallel planes feet apart and has a volume of cubic feet. what is the average area of cross-sections of the solid by planes that lie between the given ones?

Answers

Average area of the cross section plane of the solid which lies between the two parallel planes is equal to 197.4square feet.

As given in the question,

Number of parallel planes = 2

Distance between two parallel planes = 22 feet

Volume of the solid is equal to 4343 cubic feet

Let 'x' be the average area of cross section of the solid lies between two parallel planes.

Average area of cross section of the solid lies between two parallel planes  = Volume of the solids / Distance between two parallel planes

⇒ x = 4343/22 square feet

⇒ x = 197.4 square feet

Therefore, the average area of the cross section of the solid lies between two parallel plane is equal to 197.4 square feet.

The complete question is:

A solid lies between two parallel planes 22 feet apart and has a volume of 4343 cubic feet. What is the average area of cross-sections of the solid by planes that lie between the given ones?

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How Do You Solve 3 linear equations with 2 variables?

Answers

The steps to solve the 3 linear equations with 2 variables is shown below .

In the question ,

it is asked that how can we find the solution of 3 linear equations that have 2 variables .

Step (1) : Pick any two pair of linear equations ,

Step(2) : Then use addition and subtraction to eliminate the Same Variable from the equations .

Step(3) : In step 2 we will get the value of 1 variable ,

Step(4) : Substituting the value of the variable in Step(2) in the third linear equation ,

we will get the value of other variable also .

Therefore , the value of both the variable can be found by the above steps .

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How do I translate a function?

Answers

To horizontally translate a function,

1)substitute 'x-h' for 'x' in the function.

2)The value for 'h' controls how much the graph shifts to the left or right

3)In our example, since h = -4, the graph shifts 4 units to the left

4)To vertically translate a function, add 'k' onto the end

5)The value for 'k' controls how much the graph shifts up or down

You can also perform both horizontal and vertical translations on a function at the same time!

Translation

The graph of a function can be moved up, down, left, or right by adding to or subtracting from the output or the input.

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at a booth at the school carnival in past years, they've found that 22% of students win a stuffed toy ($3.60), 16% of students win a jump rope ($1.20), and 6% of students win a t-shirt ($7.90). the remaining students do not win a prize. if 150 students play the game at the booth, how much money should the carnival committee expect to pay for prizes for that booth?: * a) $145.80 b) $317.50 c) $218.70 d) $109.35 e) $635.00

Answers

The amount of money the carnival committee should expect to pay for prizes for the booth is 218.7 dollars.

Therefore, the answer is option C.

How to find the amount the carnival committee should expect to pay?

At a booth at the school carnival in past years, they've found that 22% of students win a stuffed toy ($3.60), 16% of students win a jump rope ($1.20), and 6% of students win a t-shirt ($7.90). The remaining students do not win a prize.

If 150 students play the game at the booth, the amount of money the carnival committee expect to pay for the prizes of the booth is as follows:

total student that partake = 150

number that win stuffed toy  = 22% of 150

number that win stuffed toy = 33

number that win  jump rope = 16% of 150

number that win  jump rope = 24

number that win  t-shirt = 6% of 150

number that win  t-shirt = 9

Therefore,

prizes for those that win stuffed toy = 33 × 3.60 = 118.8 dollars

prizes for those that win jump rope = 24 × 1.20 = 28.8 dollars

prizes for those that win t-shirt = 9 × 7.90 = 71.1 dollars

Hence,

total amount the committee is expected to pay for prizes = 118.8 + 28.8 + 71.1 = 218.7 dollars

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Help! Show work please thank you!

Answers

The correct statement is:

x= 125, 180 - (63+62) =55 and 180-55=125

What are interior angles?

An Interior Angle is an angle inside a shape.

The basic polygonal shape of a triangle has three sides and three interior angles. It is one of the fundamental shapes in geometry . It has three connected vertices. Triangles can be divided into a variety of categories according on their sides and angles.

The sum of the diagonal internal angles in a triangle determines its outer angle.

And also,

In a triangle, the sum of the interior angles is always 180°.

So, x= 125 ( Because 63+62=125 ) , 180 - (63+62) =55 and 180-55=125

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