The Payans have just learned that the bank will approve them for a mortgage at an APR of 4.3% for 30 years if they meet the back-end ratio requirement. To determine whether they’ll meet the requirement, the back-end ratio needs to be calculated with the actually monthly payment rather than the estimate used in part A. Use this monthly payment formula to calculate the Payans’ monthly mortgage payment.

Answers

Answer 1

The annual percentage rate (APR) for the Payans is the yearly interest rate that's generated by a sum charged to borrowers.

What is APR?

Your information is incomplete as the values aren't given. Therefore, an overview will be given. Here, the APR is the cost that one has to pay to borrow money and it's expressed as a percentage.

Also, the mortgage payment is made up of the principal and the interest payments. It's how one will pay back their home loan.

Learn more about APR on:

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Answer 2

Answer:

1237.18

Step-by-step explanation:


Related Questions

What is the surface area of the square pyramid?



Enter your answer in the box.


in²

Square pyramid net consisting of a square and four triangles. The square has length and width of eight inches. A triangle has a base of eight inches and a height of eleven inches.

Answers

Answer:

  240 in²

Step-by-step explanation:

The surface area of the pyramid is the sum of the areas of the parts of the composite figure comprising the net. That is, it is the sum of the areas of four triangles and a square.

__

Face

The area of a triangle is ...

  A = 1/2bh

For the given triangles, this is ...

  A = 1/2(8 in)(11 in) = 44 in²

__

Base

The area of the square base is ...

  A = s²

For the given dimensions, this is ...

  A = (8 in)² = 64 in²

__

Total Surface Area

The sum of the areas of the four faces and the base is ...

  total area = 4(44 in²) +64 in² = 240 in²

The surface area of the square pyramid is 240 in².

Which of these groups of values plugged into the TVM Solver of a graphing
calculator will give the monthly payment for a 25-year loan for $175,000 at
6.7% interest, compounded monthly?
A. N=25; 1% = 6.7; PV=0; PMT=; FV=-175000; P/Y=12; C/Y=12;
PMT:END
B. N=25; 1% = 6.7; PV=-175000; PMT=; FV=0; P/Y=12; C/Y=12;
PMT:END
C. N=300; 1% = 6.7; PV=-175000; PMT=; FV=0; P/Y=12; C/Y=12;
PMT:END
D. N=300; 1% = 6.7; PV=0; PMT=; FV=-175000; P/Y=12; C/Y=12;
PMT:END

Answers

Answer:

  C. N=300; I%=6.7; PV=-175000; PMT=; FV=0; P/Y=12; C/Y=12; PMT:END

Step-by-step explanation:

To find the payment on a loan, a TVM solver needs the Present Value (PV) to be the loan amount, the Future Value (FV) to be zero, and N to be the actual number of payments (25×12 = 300).

Most solvers will take I% to be the annual interest rate. (An HP-12C financial calculator uses the monthly interest rate.)

The set of values needed for finding the monthly payment on this $175,000 loan at 6.7% are listed in choice C.

__

Additional comment

The sign of the cash flow is usually negative for amounts paid, and positive for amounts received. Here, the answer choices show the loan amount to be negative and the payment amount to be positive. We ordinarily expect to receive the loan amount and pay the payments. By the above criteria, the signs are reversed in this problem from what we usually expect.

PLEASE HELP PLEASE PLEASE HELP

Answers

Answer:

c) 5 boxes 4 donuts remain.

pls give brainlyist

Step-by-step explanation:

Answer:

C. 5 boxes with 4 doughnuts left over

Step-by-step explanation:

A baker made 64 doughnuts at his bakery on Monday.

The baker wants to put his doughnuts into boxes. Each box holds 12 doughnuts. What is the total number of boxes the baker can fill, and the total number of doughnuts he will have left over?

Given that the baker has 64 doughnuts and each box holds 12 doughnuts, how many boxes can he fill and how many will he have left over?

To find this, we need to divide 64 by 12 using long division.

*View the attached picture*

Hope this helps!

A ring-shaped region is shown below.
Its inner diameter is 14 yd., and its outer diameter is 20 yd.

Answers

Answer:

160.14yd²

Step-by-step explanation:

first we find both of their areas then we subtract the small one f4om the big one

A=πr²

step 1 find area of large circle

A=3.14×(10²)

A=3.14×100

A=314

step 2 find are of small circle

A=3.14×(7²)

A=3.14×49

A=153.86

step 3 subtract small area from big area

314-153.86=160.14

A recipe called for the ratio of sugar to flour to be 10 : 3 if you used 70 ounce of sugar, how many ounces of flour would you need to use?

Answers

Answer:

21

Step-by-step explanation:

10*7 = 70

3*7 = 21

∠A and \angle B∠B are vertical angles. If m\angle A=(3x+3)^{\circ}∠A=(3x+3) ∘ and m\angle B=(4x-8)^{\circ}∠B=(4x−8) ∘ , then find the value of x.

The answer to this question is 115 but how please leave an explanation

Answers

Answer: 11

Step-by-step explanation:

Add This Equation: In Photo...​

Answers

Answer:

see below

Step-by-step explanation:

=   (5+7) / ( z+1)   =   12 / (z+1)

Number Concepts 1. Two hundred four thousand, fifteen is written as​

Answers

Answer:

204015

Step-by-step explanation:

35% of 40 is what?
55% of what number is 44?

Answers

Answer:

14

80

Step-by-step explanation:

Answer:

Step-by-step explanation:

35% of 40 is 14

55% of 80 is 44

Find the perimeter of the figure.

Answers

*Answer*= 31

*Explanation*= Some of the sides aren't given so you must look at the other side and put them in.

3+3 for the top and bottom
4+4 for both of the higher sides
2+2 for the first side of the sticking out square
0.5+0.5 for the sides of the sticking out square
2+2 for the last side of the sticking out square
4+4 for both of the lower sides

Add them all up= 3+3+4+4+2+2+0.5+0.5+2+2+4+4
= 31

Hope that helps!

PLEASE HELP, THIS WORK IS DUE TO 11:59

Answers

G is located at the coordinates -3,4

Answer:

Correct Answer: (-3,4) is located in the G region!!

Step-by-step explanation:

This is simple graphing but using regions.

Each region is on a coordinate.

________________________________________________________

There are 4 Quadrants representing each region.

(x, y) is the Quadrant 1 (Top Right) which has every coordinate positive.    

(-x , y) is Quad. 2 (Top left) The X coordinate is negative while the y is positive.

(-x , -y) is Quad. 3 (Bottom Left) Both axis are negatives

(x , -y) is Quad. 4 (Bottom Right) The X-axis is positive but the Y is negative.

________________________________________________________

Your question asks for what region (-3,4) is at.

We know that the location of this coordinate is in Quadrant 2 because the x is negative.  (Top Right)


Now, you need to go 3 to the left of the x-axis.

Then, go 4 up the y-axis.

Your region for this coordinate is "G"

Pls answerrrrrrrrrrrrrrrrrrrrrrrrrrr

Answers

Answer:

I dont know

Step-by-step explanation:

Sry but i dont know and it wont let me click out of add my answer thing

Dwayne bought 12 yards of wrapping paper.

How many inches of wrapping paper did he buy? Helppp

Answers

Answer:

432 inches

Step-by-step explanation:

Given:

Dwayne = 12 yards

Conversion: 1 yard = 3 feet = 36 inches

Use the unitary method and solve:

[tex]\implies \text{1 yard = 3 feet = 36 inches}[/tex][tex]\implies 1 \times 12 \ \text{yard} = 3 \times 12 \ \text{feet} = 36 \times 12 \ \text{inches}[/tex][tex]\implies 12 \ \text{yards} = 36 \ \text{feet} = 432 \ \text{inches}[/tex]

Thus, Dwayne bought 432 inches of wrapping paper.

Which scenario could be modeled with an exponential function?
Please select one of this:

The amount of money in a certificate of deposit earns 4.3% interest each year.


The amount of money in Avery's wallet increases and decreases by a different amount each week.


The amount of money in Jaylon's savings account where $125 is deducted each month.


Tim adds $10 to his savings account each week.

Answers

The scenario that could be modelled with an exponential function is when Tim adds $10 to his savings account each week.

What is a Function?

A function assigns the value of each element of one set to the other specific element of another set.

As we know that a continuous compounding function is an exponential function. Therefore, we need to find the situation where the principal amount is invested for an infinitely long time.

A.) Since the amount is invested and a certificate of deposit is taken the amount will be invested for a fixed period of time. Thus, this is not a continuous compound function.

B.) The amount put into the account and taken out of the account varies for each term. Thus, this is not a continuous function.

C.) As in Jaylon's account the money is reduced by $125 every month, therefore, at a certain point, it will become zero. Thus, this is not a continuous compound function.

D.) As Tim adds $10 to his saving account every month, and there is no time specified, also the account will be always positive. Thus, this is a continuous compound function.

Hence, the scenario that could be modelled with an exponential function is when Tim adds $10 to his savings account each week.

Learn more about Function:

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How much should John get back after paying for purchases totaling $5.45
when he pays $10.00

Answers

It should be $4.55. Start out with doing this. If you need any farther explanation let me know.

Use the model to write the equation that represents the problem. I have one-half of a square and I want to divide it by three-fourths. How many pieces would I have? A) 1 2 ÷ 3 4 = 2 B) 1 2 ÷ 3 4 = 3 C) 1 2 ÷ 3 4 = 2 3 D) 1 2 ÷ 3 4 = 3 2

Answers

Answer:

my oppositions C) 1 2÷3 4=2 3

At 6 a.m. the temperature was -8°C. At noon the temperature was 3°C. What was the change of temperature between 6 a.m. and noon?

Answers

Answer:11c

Step-by-step explanation:

Martin earns $18 dollars an hour. Which of the following inequalities represents the amount of time martin needs to work to earn at least $78 per day? 18 - t > 78 18+ t < 78 18t > 78 18t < 78

Answers

Answer:

18t >= 78

Step-by-step explanation:

Not sure if there's an equals sign in the problem that you were given, but there should be. The 18 in the inequality stands for the hourly wage. The t stands for hours worked. 18(wage) x t(hours) has to be greater than or equal to 78 in order for Martin to at LEAST $78 per day. :)

PLEASE HELP QUICK

Examine the diagram.
15 cm circle

Which is the circumference of the circle? (Use : = 3.14)
A 4.71 cm
B. 18. 14 cm
C 23.55 cm
D. 47.1 cm
E 176,625 cm

Answers

Answer:

To get the diameter we need to invert the equation: Cπ=D. If we put in all the numbers now we get that: 153,14=4,777070...

Step-by-step explanation:

Please assist with this question.

Answers

Answer:

D. [tex]\frac{-19}{74} +\frac{71}{74} i[/tex]

Step-by-step explanation:

[tex]\frac{-8+3i}{5+7i} (\frac{5-7i}{5-7i} )[/tex]

[tex]\frac{-40+56i+15i-21i^2}{25-35i+35i-49i^2}[/tex]

[tex]\frac{-40+71i-21(-1)}{25-49(-1)}[/tex]

[tex]\frac{-40+21+71i}{25+49}[/tex]

[tex]\frac{-19+71i}{74}[/tex]

[tex]\frac{-19}{74} +\frac{71}{74} i[/tex]

I hope this helps and God bless!

Convert 192 cups to gallons

Answers

Answer:12 gallons

Step-by-step explanation:

There are 16 cups in a gallon 16 cups =1 gallon so 192/16 is 12

Answer:

12 gallons

Step-by-step explanation:

To convert cups to gallons you must divide the volume (192) by 16.

192/16 = 12

12 gallons

Hope this helps:)

If Nembutal is used to anesthetize rabbits at a dosage of .09 mg/g of body weight, and the concentration of the solution is 60 mg/mL, how many mL are needed to anesthetize a 4 lb rabbit?

Answers

Answer:

2.72 ml

Step-by-step explanation:

4 lb = 1814.37 gm

1814.37 gm  * .09 mg/gm  / ( 60 mg/ml) = 2.72 ml

A box in the shape of a right rectangular prism has a
height of 15 inches and a square base. If the volume
of the box is 1500 cubic inches, what is the side
length, in inches, of the base?

Answers

Step-by-step explanation:

volume = height × square base

1500 = 15 × square base

square base = 100

lenght = 10

System a
2x+y=5 and -4x+6y=-2

system b
-10x +19y=-1 and -4x+6y=-2

Answers

Answer:

System A: x = 2, y = 1

Points: (2, 1)

System B: x= 2, y = 1

Points: (2, 1)

Step-by-step explanation:

find the volume of each prism 2.7ft 3ft 2ft

Answers

Answer:

16.2 is the volume i hope i helped u

What is the tan if x?

Answers

[tex]\qquad\qquad\huge\underline{{\sf Answer}}[/tex]

The given triangle is a right triangle, with one of the acute angle measuring 45°

let's calculate x ~

[tex]\qquad \tt \dashrightarrow \:x + 45 + 90 = 180[/tex]

[tex]\qquad \tt \dashrightarrow \:x + 135 = 180[/tex]

[tex]\qquad \tt \dashrightarrow \:x = 180 - 135[/tex]

[tex]\qquad \tt \dashrightarrow \:x = 45 \degree[/tex]

So, tan x is :

[tex]\qquad \tt \dashrightarrow \: \tan(x) = \tan(45 \degree) [/tex]

[ since x = 45° ]

[tex]\qquad \tt \dashrightarrow \: \tan(x) = 1[/tex]

Find x if USR is supplementary to RST.

Answers

Answer: 8

Step-by-step explanation:

Which ratio of tablespoons of raspberries to tablespoons of sugar would make a fruitier jam

Answers

Answer:

9 to 6 is the answer to make a fruiter jam

Step-by-step explanation:

The ratio that makes a fruiter jam is 9:6

What is a ratio?

The quantitative relation between two amounts shows the number of times one value contains or is contained within the other. for example-"the ratio of computers to students is now 2 to 1"

Given here: Macy's mother uses 6 tablespoon of sugar to 8 tablespoon of raspberries.

Original ratio is 4/3

Clearly only the option 9/6=3/2 is greater than 4/3

Thus 9:6 is the required ratio.

Hence, The ratio that makes a fruiter jam is 9:6

Learn more about ratios here:

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Your question is incomplete. The complete question :

Macy's aunt makes raspberry jam using 6 tablespoons of sugar and  9 tablespoons of raspberries. Macy wants to make a fruitier tasting jam. # Which ratio of tablespoons of raspberries to tablespoons of sugar would make a fruitier jam?

9 to 10

4 to 10

9 to 6

What is the area of the trapezoidal window below?


Answers:
A: 21m to the second power
B: 25.5m to the second power
C 22.5m at the second power
D: 18m at the second power

Answers

Answer:

B) 25.5 m²

Step-by-step explanation:

The formula to find the area of a trapezoid: 1/2 x (a + b) x h, where a and b are the parallel lines and h is the height.

1) Input the values into the formula, and solve it.

= 1/2 x (5 + 12) x 3

= 1/2 x 17 x 3

= 1/2 x 51

= 25.5

Answer:

B

Step-by-step explanation:

A = (1/2)(3)(5 + 12)

= (1/2)(3)(17)

= (1/2)(51)

= 25.5 m^2

Amanda simplifies the following expression and shows her work below. What mistake did Amanda make that resulted in an incorrect answer?

34−8÷2 + 3∙4


34−4 + 3∙4


37 – 7 ∙ 4


34−28


6


a

She added before multiplying


b

She multiplied before dividing


c

She subtracted before adding


d

She added before dividing

Answers

Answer:

A, She added before multiplying.

Step-by-step explanation:

First, start off by using GEMDAS.

Grouping

Exponents

Multiply

Divide

Add

Subtract

You work from left to right - so you obviously divide first, which Amanda did successfully. Then, you multiply, which is exactly where Amanda went wrong. She was supposed to multiply before adding the 3 with 4.

Not sure if this made sense,

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