Anna is buying a house selling for ​$ 245,000. To obtain the​ mortgage, Anna is required to make a 15​% down payment. Anna obtains a 30​-year mortgage with an interest rate of 5​%.


​a) Determine the amount of the required down payment.
​b) Determine the amount of the mortgage.
​c) Determine the monthly payment for principal and interest.

Answers

Answer 1

Anna's monthly payment for principal and interest is $1,117.78.

How to solve the mortgage problem?

a) The amount of the required down payment can be calculated as follows:

Down payment = 15% of $245,000

Down payment = 0.15 x $245,000

Down payment = $36,750

Therefore, Anna is required to make a down payment of $36,750.

b) The amount of the mortgage can be calculated as follows:

Mortgage = Total price of the house - Down payment

Mortgage = $245,000 - $36,750

Mortgage = $208,250

Therefore, Anna's mortgage amount is $208,250.

c) The monthly payment for principal and interest can be calculated using the formula for a fixed-rate mortgage:

[tex]$M = P\left[\frac{i(1+i)^n}{(1+i)^n-1}\right][/tex]

Where:

M = Monthly Mortgage

P = Principal (amount of the loan)

i = Monthly interest rate (5% / 12 = 0.0041667)

n = Total number of payments (30 years x 12 months = 360)

Plugging in the values, we get:

[tex]$M = \frac{\$208,250 \left[0.0041667(1+0.0041667)^{360}\right]}{\left[(1+0.0041667)^{360}-1\right]}[/tex]

M = $1,117.78

Therefore, Anna's monthly payment for principal and interest is $1,117.78.

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Related Questions

Find one half and one quarter quarter of the following

(A)1/2 of 32. (B) 1/2 of 28. (C). 1/2 of 64 (D) 1/2 of 54

Answers

Answer:

A. 16 B. 14. C. 32 D. 27

Step-by-step explanation:

A. 1/2 × 32 = 16. 1/4 ×32 = 8

B. 1/2 × 28 = 14. 1/4 ×28 = 7

C. 1/2 × 64 = 32. 1/4 × 64 = 16

D. 1/2 × 54 = 27. 1/4 × 54 = 13.5

Need to know that the function intervals are increasing or decrease

Answers

..........................................................................................................

Find the associated z score or scores that represent the following standard normal areas hint use the excel function=NORM.S.INV()
A. Middle 50 percent

B. Lowest 5 percent

C. Middle 90 percent

URGENT/High points will be rewarded

Answers

The 90% of the standard normal distribution has z-scores between -1.645 and 1.645, the lowest 5% has z-scores between -1.645 and 1.645, and the middle 50% of the standard normal distribution has z-scores between -0.6745 and 0.6745.

Define standard normal variation?

The probability density function f(x) for the continuous random variable X taken into account in the system defines the normal distribution. It is a function who's integral over a range (let's say, x to x + dx), when taking into account values between x and x + dx, yields the probability of the random variable X.

The mean and variance of a typical normal distribution are both 0. An alternative term for this is a z distribution.

Yes, the z-scores for the specified standard normal areas are shown here:

Middle 50%: The middle 50% of a standard normal distribution can be found between the 25th and 75th percentiles. We can determine the z-scores associated with those percentiles using Excel's NORM.S.INV () function as follows:

The z-score for the 25th percentile is -0.6745 (percentile).

The z-score for the 75th percentile is 0.6745.

The middle 50% of the ordinary normal distribution is thus represented by z-scores that vary from -0.6745 to 0.6745.

Minimum 5%: The lower 5% of the standard normal distribution are represented by the region to the left of the 5th percentile. We can determine the z-score associated with that percentile by using Excel's NORM.S.INV () function as follows:

-1.645 is the z-score assigned to the fifth percentile.

Hence, -1.645 is the z-score that represents the bottom 5% of the standard normal distribution.

Middle 90%: The middle 90% of the standard normal distribution is the region between the 5th and 95th percentiles. We can determine the z-scores associated with those percentiles using Excel's NORM.S.INV () function as follows:

-1.645 is the z-score assigned to the fifth percentile.

The 95th percentile's corresponding z-score is 1.645.

The middle 90% of the standard normal distribution is thus represented by z-scores that vary from -1.645 to 1.645.

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1 kg of rice cost $4.10.what is the cost of 1/4 kg of a rice?​

Answers

Answer: $1.03

Step-by-step explanation:

4.10 x 1/4 = 1.025

if y= -10x+4 is translated to the right by 2 units, then reflected across the y-axis, the new equation is

Answers

Answer:

y=-10x+6

Step-by-step explanation:

4 is the y interecept which lets you know if it goes left or right and by how much. Therefore you add 2 + 4.

List four crucial things you should do if you want to keep your finances under​ control, and describe how you can achieve each one. Question content area bottom Part 1 List four crucial things you should do if you want to keep your finances under control. Choose the correct answer below.

Answers

Therefore , the solution of the given problem of unitary method  comes out to be attempt to refrain from taking on needless debt, such as credit card debt.

What is an unitary method?

By multiplying the data received using this type of variable nanosection throughout add to the output of the two individuals who applied the unilateral strategy, the task can be completed. Fundamentally, this implies that whenever an intended result expression occurs, either the stated entity is recognised or, in fact, the pigment of both large-scale productions is skipped. For forty pens, a variable charge of Inr ($1.01) may have been required.

Here,

There are four essential actions one can take to maintain control over their finances:

1) Make and stick to a budget: A budget is a plan for your financial spending over a specific time frame, typically a month. To make sure you are not overpaying, it is crucial to make a budget and adhere to it.

2) Keep track of your spending: By keeping tabs on your spending, you can spot potential areas of overspending and modify your budget as necessary.

3) Save money for emergencies: Having money set aside to cover unforeseen costs, such as vehicle repairs or medical bills, can prevent you from incurring debt.

4) Avoid taking on needless debt: Attempt to refrain from taking on needless debt, such as credit card debt.

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Determine the measurement of EF.
EF = 3.47
EF = 3.16
EF = 1.39
EF = 1.1

Answers

the answer is "EF = 3.16". According to condition of Similar triangles.

How to solve these problem?

To solve this problem, we will use the property of similar triangles, which states that corresponding angles of similar triangles are equal, and their corresponding sides are proportional.

First, we need to find the ratio of the sides of the two triangles. We can do this by dividing the length of one side of triangle ABC by the corresponding side of triangle DEF. Let x be the length of EF, then:

AB/DE = BC/EF = CA/DF

Substituting the given values, we get:

11/4.4 = 7.9/x = 7.6/(DE + x)

Solving for x, we get:

x = 3.16

Therefore, EF = 3.16.

Hence, the answer is "EF = 3.16".

Note that we can also check our answer by verifying that the corresponding sides of the two triangles are proportional using the ratios we found:

AB/DE = 11/4.4 = 2.5

BC/EF = 7.9/3.16 = 2.5

CA/DF = 7.6/(4.4+3.16) = 2.5

Since the ratios are all equal, we can conclude that the triangles are similar.

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Can anybody sugges me a math and science week theme?

Answers

We can suggest the following three themes for a math and science week, combining the two fields and exploring current events and issues:

Exploring the Cosmos: This theme could focus on space exploration and the science and math behind it. Activities could include stargazing, rocket building, and discussions of the latest discoveries in space science.Sustainable Solutions: This theme could center on environmental science and the math and science needed to create sustainable solutions. Activities could include hands-on experiments with renewable energy sources, discussions of climate change and its impacts, and exploration of innovative solutions to environmental challenges.Math and Science in Everyday Life: This theme could highlight the ways in which math and science impact our daily lives. Activities could include examining the science behind cooking and nutrition, exploring the math involved in financial planning and budgeting, and discussing the science of medicine and health.

How to find a theme

Here are a few steps you can follow to find a theme:

Brainstorm: Start by brainstorming ideas for possible themes. You can involve others in the brainstorming process, such as colleagues, students, or community members. Write down any ideas that come to mind, no matter how big or small.Identify key topics: Look for common themes or topics that emerge from your brainstorming session. Are there particular areas of science or math that people seem interested in? Is there a particular focus or goal that you want to achieve with your science and math week?Narrow down your choices: Once you have identified key topics, narrow down your choices to a few that seem the most compelling. Consider factors such as feasibility, relevance to your audience, and potential impact.Develop a plan: Once you have selected a theme, develop a plan for your science and math week. Determine the activities and events that will be included, the resources and materials needed, and the timeline for implementation.

By following the steps above, you can figure out a theme for yourself. If you wish, use one of the themes already suggested above.

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Multiply and simplify if possible.

(6-√3) (4+√3)

Answers

We can use the FOIL method to multiply these two binomials:

(6-√3) (4+√3) = 6*4 + 6*√3 - 4*√3 - √3*√3

Simplifying the expression, we get:

= 24 + 2√3 - 3

= 21 + 2√3

Therefore, (6-√3) (4+√3) = 21 + 2√3.

PLEASE HELP ME QUICK IM STRESSING OUT AND I NEED THIS FAST !!

Answers

Answer:In an arithmetic sequence, the difference between consecutive terms is constant. Let us denote the common difference by d.

We know that a2 = -5, which means that the second term of the sequence is -5. Using the formula for the nth term of an arithmetic sequence, we can write:

a2 = a1 + d

-5 = a1 + d

We also know that a6 = 7, which means that the sixth term of the sequence is 7:

a6 = a1 + 5d

7 = a1 + 5d

We now have two equations with two unknowns (a1 and d), which we can solve for using substitution or elimination.

Substituting -5 = a1 + d into 7 = a1 + 5d, we get:

7 = -5 + 6d

12 = 6d

d = 2

Substituting d = 2 into -5 = a1 + d, we get:

a1 = -7

So the arithmetic sequence is: -7, -5, -3, -1, 1, 3, ...

The 5th term of this sequence is -1

Step-by-step explanation:

write a sine function in which the amplitude is 2 and its graph has 3 complete cycles on the interval

Answers

Sine function in which the amplitude is 2 and its graph has 3 complete cycles on the interval is 2sin3x

Sine Function Definition

The sine function in trigonometry is the ratio of the hypotenuse's length to the opposite side's length in a right-angled triangle.

let's imagine the sine function is in form of:

Y= A sin( B( X-C))+ D Or  Y= A cos( B( X-C))+ D

where,

A is the value of the amplitude

B is the number of cycles between 0 and 2 pi since B is the graph's period, or (2π).

C is the graph's horizontal movement.

D is the graph's vertical movement.

Given:

amplitude=2

number of cycle in the interval=3

Example:

Y= 2 sin 3X

it has an amplitude of 2

There are three cycles of sin between 0 and 2 π

Hence, y=2sin3x  is the sine function in which the amplitude is 2 and its graph has 3 complete cycles on the interval.

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Select all that are a radius of circle O.

AB


PQ


OB


OC

Answers

I’m guessing it’s OC because AB is the diameter

If 0 equal number on picture

Answers

Answer:

sin -1/2   cos sqrt3/2

Step-by-step explanation:

UNIT CIRCLE

Match the following expression to the correct problem


Column A

1. ___ thirteen times a number squared


2. ___ a number times eleven plus thirty-three


3. ___ twelve less than a number


4. ___ The quotient of a number and twenty


Column B

A. 11n + 33


B. p ÷ 20


C. y - 12


D. 13b^2


Example: 1. ___ D: 13b^2

Answers

the cοrrect expressiοns are, 1)Thirteen times a number squared - D)

2)A number times eleven plus thirty-three - A) 11n + 33

3) Twelve less than a number - C) y - 12

4)The quοtient οf a number and twenty - B) p ÷ 20

What is expressiοn?

Mathematical expressiοns cοnsist οf at least twο numbers οr variables, at least οne arithmetic οperatiοn, and a statement. It's pοssible tο multiply, divide, add, οr subtract with this mathematical οperatiοn. Unknοwn variables, integers, and arithmetic οperatοrs are the cοmpοnents οf an algebraic expressiοn. There are nο symbοls fοr equality οr inequality in it.

Here we need to convert given statement into expression. Then,

1)thirteen times a number squared

=> 13[tex]\times b^2[/tex] = [tex]13b^2[/tex]

2) a number times eleven plus thirty-three

=> 11 times of number+ 33

=> 11*n+33

=> 11n+33

3) twelve less than a number

=> number -12

=> y-12

4)The quotient of a number and twenty

=> p/20

=> p ÷ 20

Hence the correct expressions are,

1)Thirteen times a number squared - D) [tex]13b^2[/tex]

2)A number times eleven plus thirty-three - A) 11n + 33

3) Twelve less than a number - C) y - 12

4)The quotient of a number and twenty - B) p ÷ 20

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f(x)=-x^2+4x if the domain is {-2,0,1}

Answers

The range of the function for the given domain is {-12, 0, 3}.

What is function?

In mathematics, a function is a relationship between two sets of elements, called the domain and the range, such that each element in the domain is associated with a unique element in the range. In simpler terms, a function is a set of rules that takes an input value and produces a corresponding output value.

If the domain of f(x) is {-2,0,1}, we can evaluate the function for each value in the domain:

When x = -2:

f(-2) = -(-2)² + 4(-2) = -4 - 8 = -12

When x = 0:

f(0) = -(0)² + 4(0) = 0

When x = 1:

f(1) = -(1)² + 4(1) = 3

Therefore, the range of the function for the given domain is {-12, 0, 3}.

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79.9 is 99% of what

Answers

Answer:80

Step-by-step explanation:

if 79.9 Is 99% of the unknown number the other 1% would be 80

Find the solution to the differential equation: dy/dt=0.4(y−200) when y=40 and t=0

Answers

As a result, y = 200 + 160[tex]e^{(0.4t)}[/tex] is the answer to the provided differential equation with starting conditions of y = 40 and t = 0.

What equation of number would that be?

A mathematical statement that shows the equivalence of a couple of equations is what an equation at algebra means. For instance, the equation 3x + 5 = 14 consists of the two expressions 3x + 5 and 14, which are split by the 'equal' symbol.

The given differential equation is:

dy/dt = 0.4(y - 200)

To solve this differential equation, we need to separate the variables and integrate:

dy/(y - 200) = 0.4 dt

Integrating both sides, we get:

ln|y - 200| = 0.4t + C

where C is the constant of integration.

To determine the value of C, we use the initial condition that y = 40 when t = 0:

ln|40 - 200| = 0.4(0) + C

ln|-160| = C

C = ln(160)

Thus, the equation becomes:

ln|y - 200| = 0.4t + ln(160)

Taking the exponential of both sides, we get:

|y - 200| = [tex]e^{(0.4t+ln(160))}[/tex] = 160[tex]e^{(0.4t)}[/tex]

Simplifying, we get:

y - 200 = ±160[tex]e^{(0.4t)}[/tex]

y = 200 ± 160[tex]e^{(0.4t)}[/tex]

Using the initial condition that y = 40 when t = 0, we can determine the value of the constant of integration:

40 = 200 ± 160[tex]e^{(0.4(0))}[/tex]

40 = 200 ± 160

Solving for the two possible values of y, we get:

y = 360 or y = 40

Therefore, the solution to the given differential equation with the initial condition y = 40 and t = 0 is:

y = 200 + 160[tex]e^{(0.4t)}[/tex]

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F(x)= 2X³-7X+4
Determine the intervals on which the function is positive on (-3;3), give the boundaries of the intervals rounded to four decimals.

Answers

Therefore , the solution of the given problem of function comes out to be the interval's edges, rounded to four decimals, are -1.3233 and 0.7838.

What does function actually mean?

The math lesson includes a variety of subjects, such as math, integers, but one's subdivisions, as well as architecture, construction, and that both real but rather fictitious geographic locations. A work covers the connections between different variables that all work together to produce the same result. A utility is made up of a variety of distinctive components that cooperate to create distinctive results for each input.

Here,

First, we assess f(x) at the interval's endpoints:

=> f(-3) = 2(-3)^3 - 7(-3) + 4 = -43

=> f(3) = 2(3)^3 - 7(3) + 4 = 44

There must be at least one root in each of the gaps between (-3, r) and (r, 3), where r is the function's root, because the function changes sign at x = -3 and x = 3. To find the function's roots numerically,

we can use the bisection technique or Newton's method.

We can plot the function using a graphing calculator or computer software and see that there is one root in the range (-3, -2), one root in the range (-2, 0), and one root in the range (-3, -2). (0, 3).

Consequently, the periods where the function is positive on the range (-3, 3) are as follows:

=> (-3, -1.3233) and (0.7838, 3) (0.7838, 3)

The interval's edges, rounded to four decimals, are -1.3233 and 0.7838.

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what is 3x^2 x 4x^5
thank to whoever answers.

Answers

Answer: 9x * 1024x or

9126x if you need it that way

Step-by-step explanation: 3x to the power of 2 is 3x3 which is 9

4x to the power of 5 is 4x4x4x4 which is a bit harder but the answer comes out to 1024

4x4 = 16

16x4 = 64

64x4 = 256

256x4 = 1024

tibor is 5.5 feet tall and casts a shadow that is 7 feet long. Tibor's sister casts a shadow that is 5.25 feet long. how many feet tall is tibors sisters ?

Answers

In linear equation, 4.125 feet tall is tibors sisters.

What in mathematics is a linear equation?

An algebraic equation with simply a constant and a first-order (linear) term, such as y=mx+b, where m is the slope and b is the y-intercept, is known as a linear equation.

                          Sometimes, the aforementioned is referred to as a "linear equation of two variables," where x and y are the variables.

If the ratio of the student to their shadow and flagpole to its shadow are equal, then you can use the proportion

5.5/7 = x/5.25 and cross multiply to find x.

5.5 × 5.25 = 7 * x

28.875 = 7x

   x = 28.875/7

   x =  4.125

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The spot price of silver is $0.69 per gram. Silver has a density of 10.49 g/cm³. What is the cost a silver bar that is 4 cm x 10 cm x 1 cm? Round to the nearest cent.​

Answers

Answer: $289.52

Step-by-step explanation: We will solve the problem by first finding the number of cubic centimeters in the bar, then finding the number of grams, then converting that number of grams to a price.

We are given the dimensions of the silver bar. With this, we can find how many cubic centimeters are in the bar. Cubic centimeter is a three-dimensional unit and we are given the three dimensions. We simply multiply the dimensions by each other to find the # of cubic centimeters since this would be the same as (cm^1)^3. This gives a unit in cm^3. 4*10*1 is  40 or 40 cm^3.

We are also given that there are 10.49 g/cm^3 meaning in each cm^3 of silver, there are 10.49 grams. We can multiply the # of cm^3 by 10.49 to find the #of grams. 10.49*40 is 419.6 or 419.6 grams.

Finally, we are given that each gram is worth 69 cents or $.69. We simply multiply the # of grams by this value to find the total price. .69*419.6 is 289.52. This is the answer in dollars.

Hope this helps! These types of problems all just come down to unit conversion so focus on what units are being used.

A bag of the same size balls contains six blue balls firebrand balls five yellow balls and four green balls what is the probability of selecting a blue or green ball on the first draw

Answers

Answer:

The probability of selecting a blue or green ball on the first draw is 2/3 or approximately 0.67.

Step-by-step explanation:

The probability of selecting a blue or green ball on the first draw can be calculated by adding the probability of selecting a blue ball to the probability of selecting a green ball.

The probability of selecting a blue ball on the first draw is the number of blue balls divided by the total number of balls in the bag:

P(blue ball) = 6/(6+5+4) = 6/15 = 2/5

Similarly, the probability of selecting a green ball on the first draw is:

P(green ball) = 4/(6+5+4) = 4/15

Therefore, the probability of selecting a blue or a green ball on the first draw is:

P(blue or green ball) = P(blue ball) + P(green ball)

                                    = 2/5 + 4/15

                                    = 2/3 = 0.67

So, the probability of selecting a blue or green ball on the first draw is 2/3 or 0.67

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Which of the following is unique in Inditex SA's value chain?
Only sales staff provide new product ideas.
O Manufacturing facilities are geographically close to headquarters.
O Products are shipped directly to warehouses.
Only designers provide new product ideas.

Answers

Therefore , the solution of the given problem of unitary method comes out to be the additional choices are not exclusive to Inditex's value chain and are frequently used by other businesses in the sector.

An unitary method is what?

By combining what was learned and implementing this variable technique, which also includes all supplemental information from two people who used a particular tactic, the task can be finished. In other words, if the desired result occurs, either the entity specified expression in the computation will be acknowledged, or both of the expression's crucial processes will actually skip the colour. A refundable fee of Rupees ($1.01) may be needed for forty pens.

Here,

The fact that goods are delivered straight to warehouses distinguishes Inditex SA's value chain from other companies.

As a result, lead periods are shortened and inventory costs are kept to a minimum during the quick and effective distribution of goods to retail stores. Fast fashion is this method, and it has been a major factor in Inditex's success in the fashion sector.

The additional choices are not exclusive to Inditex's value chain and are frequently used by other businesses in the sector.

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7.08 Scale factor and equations Pls I need Help ASAP!!

Answers

you can use an equation (such as x = scale factor * length of corresponding side on larger rectangle) to find the length of the corresponding side on the larger rectangle.

Sure! The scale factor refers to the ratio between the measurements of two similar figures. For example, if you have two triangles that are similar, you can find the scale factor by dividing the length of one corresponding side of the larger triangle by the length of the corresponding side on the smaller triangle.

Equations can be used to find missing measurements in similar figures using the scale factor. For example, if you know the scale factor between two similar rectangles and the length of one side on the smaller rectangle,  

Hope that helps! Let me know if you have any other questions.

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Pls help me answer this math question!! 15 points as well!!

Thanks to whoever answers it correctly.

Answers

Answer:

Step-by-step explanation:

Hope this helps

Please answer the question in the picture, I will mark brainliest. Show all work pls!!!

Circle A has been transformed to circle B. What is the translation rule for these circles?

Answer choices are:

(x+4),(y+3)

(x-1),(y+4)

(x-2),(y+3)

(x+2),(y+3)

Answers

The translation transformation part of the rule that transforms circle A into circle B is; ((x + 2), (y + 3))

What is a translation transformation?

A translation transformation is a geometric transformation that involves moving an object in a straight line, without rotating or dilating the object.

The coordinates of the centers of the circle indicates the translation rule, used to transform the circles.

The coordinate of center of circle A is; (-1, -1)

The coordinates of the center of circle B is; (1, 2)

Therefore, we get;

The difference in the x and y values of the circles are;

Difference in the x-values = 1 - (-1) = 2

Difference in the y-values = 2 - (-1) = 3

The translation transformation part of the transformation that produces circle B from circle A is; ((x + 2), (y + 3))

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If x = 52 degrees, find the measures of angles 1, 2, and 3.

Answers

Answer:

∠1 = 128°

∠2 = 52°

∠3 = 128°

Step-by-step explanation:

∠1 and ∠3 are supplementary angles of x. Therefore, the sum of either with x is 180°. 180° - 52° = 128°. So ∠1 and ∠3 = 128°. ∠2 is opposite x, meaning they are vertical angles. Vertical anges have the same measurements so x = ∠2 = 52°.

If these two shapes are similar, what is the measure of the missing length d?
inches
24 in
6 in
9 in
d

Answers

Answer:

d = 36

Step-by-step explanation:

9/6 = d/24

6d = (9)(24)

d = 216/6 = 36

Answer:

Step-by-step explanation:

Similar shapes have proportional sides.

Make a ratio and solve for d.

[tex]\frac{6}{9}[/tex] = [tex]\frac{24}{d}[/tex]

cross mulitply then divide

9 × 24 = 6d

216 = 6d

216/6 = 6d/6

36 = d

A man owes (a) $10,000 due in three months and (b) $20,000 due in seven months. He and his creditor agree to settle the obligations by two equal payments, one in five months and the other in 11 months. Find the size of each payment if money is worth 6% find :
1-the comparison date is 11 months hence.
2-the comparison date is now
3-the comparison date is 3 months ​

Answers

Answer:

Pls mark as brainliest

Step-by-step explanation:

To solve this problem, we can use the concept of present value of money. We want to find the equal payments that will settle the obligations in 5 and 11 months, respectively, and we know the amounts and due dates of the obligations.

Using a 6% interest rate, we can find the present value of each obligation on each comparison date, and then solve for the unknown equal payments.

Comparison date is 11 months hence:

The present value of $10,000 due in 3 months at a 6% interest rate is:

PV1 = $10,000/(1 + 0.06 * 3/12) = $9,703.70

The present value of $20,000 due in 7 months at a 6% interest rate is:

PV2 = $20,000/(1 + 0.06 * 7/12) = $19,003.22

To settle these obligations with two equal payments, we can set up the equation:

PV1/(1 + 0.06 * 8/12) + PV2/(1 + 0.06 * 4/12) = x + x/(1 + 0.06 * 6/12)

where x is the size of each payment.

Simplifying the equation, we get:

9703.70/1.04 + 19003.22/1.02 = 2.5x

Solving for x, we get:

x = $8,102.67

Therefore, each payment should be $8,102.67.

Comparison date is now:

The present value of $10,000 due in 3 months at a 6% interest rate is:

PV1 = $10,000/(1 + 0.06 * 3/12) = $9,703.70

The present value of $20,000 due in 7 months at a 6% interest rate is:

PV2 = $20,000/(1 + 0.06 * 7/12) = $19,003.22

To settle these obligations with two equal payments, we can set up the equation:

PV1 + PV2/(1 + 0.06 * 4/12) = x + x/(1 + 0.06 * 6/12)

where x is the size of each payment.

Simplifying the equation, we get:

9703.70 + 19003.22/1.02 = 2.5x

Solving for x, we get:

x = $8,556.54

Therefore, each payment should be $8,556.54.

Comparison date is 3 months:

The present value of $10,000 due in 3 months at a 6% interest rate is:

PV1 = $10,000

The present value of $20,000 due in 7 months at a 6% interest rate is:

PV2 = $20,000/(1 + 0.06 * 4/12) = $19,508.67

To settle these obligations with two equal payments, we can set up the equation:

PV1/(1 + 0.06 * 8/12) + PV2 = x + x/(1 + 0.06 * 6/12)

where x is the size of each payment.

Simplifying the equation, we get:

10000/1.04 + 19508.67 = 2.5x

Solving for x, we get:

x = $8,433.13

Therefore, each payment should be $8,433.13.

Solve the indicated quantity​

Answers

The value of x is equal to 35° and the measure of the angle between points AY, m∠AND is equal to 80°.

How to evaluate for the x and the angle m∠AND

From the question, we observe that the larger angle between m∠ANY consists of the two angles between m∠AND and m∠YND, so we shall sum the two small angles and equate the result to the larger angle to solve for the value of x as follows:

2x + 10 + 30 = 110°

2x + 40 = 110

2x = 110 - 40 {subtract 40 from both sides}

2x = 70

x = 70/2 {divide through by 2}

x = 35°

so we can evaluate for the angle between m∠AND as follows:

m∠AND = 2(35) + 10

m∠AND = 70 + 10

m∠AND = 80°

In conclusion, the value of x is equal to 35° and the measure of the angle between points AY, m∠AND is equal to 80°.

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