Pre-Calculus

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You want to buy a \$247,000 home. You plan to pay 20% as a
You want to buy a \$247,000 home. You plan to pay 20% as a down payment, and take out a 30 year loan for the rest.a) How much is the loan amount going to be?\$b) What will your monthly payments be if th… read more
Scott
Master's Degree
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You want to buy a \$204,000 home. You plan to pay 20% as a
You want to buy a \$204,000 home. You plan to pay 20% as a down payment, and take out a 30 year loan for the rest.a) How much is the loan amount going to be?\$b) What will your monthly payments be if th… read more
Scott
Master's Degree
17,565 satisfied customers
You want to take out a \$345,000 mortgage (home loan). The
You want to take out a \$345,000 mortgage (home loan). The interest rate on the loan is 6.2%, and the loan is for 30 years. Your monthly payments are \$2,113.02. How much will still be owed after making… read more
Scott
Master's Degree
17,565 satisfied customers
You want to take out a \$285,000 mortgage (home loan). The
You want to take out a \$285,000 mortgage (home loan). The interest rate on the loan is 4.3%, and the loan is for 30 years. Your monthly payments are \$1,410.38. How much will still be owed after making… read more
Scott
Master's Degree
17,565 satisfied customers
Wei-Jen needs to borrow ​\$4000. She can borrow from a
Wei-Jen needs to borrow ​\$4000. She can borrow from a finance company at 5.70​% ​add-on interest for 4 years. Or she can borrow from a credit union ​(48 monthly payments of ​\$103.38 ​each.) Find each … read more
Ashleigh T
Educator
Master's Degree
57 satisfied customers
Compute the monthly payments for an​ add-on interest loan of
Compute the monthly payments for an​ add-on interest loan of ​\$1300​, with an annual interest rate of 7 percent and a term of 2 years. The monthly payment is ​\$_.… read more
MollyC69
Math Teacher
MaEd Middle and Secondary Education - Mathematics Concentr
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Fifteen years ago Dan bought a home and financed \$150,000
Fifteen years ago Dan bought a home and financed \$150,000 with a 30-years mortgage at 8.2%. (a) find his monthly payment, the total amount of his payments, and the total amount of interest he will pay… read more
Ryan
Engineer
Bachelor's Degree
9,218 satisfied customers
Karen and Wayne need to buy a refrigerator because theirs just
Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their savings account is depleted, and they will need to borrow money in order to buy a new one. Sears offers them … read more
akch2002
Master's Degree
3,256 satisfied customers
(For guru2009 only) Loan Project: Buying a House For
(For guru2009 only) Loan Project: Buying a House For this assignment, you will analyze, interpret, and evaluate a home mortgage loan using appropriate technological tools. Find a description, asking p… read more
Chirag
Master's Degree
10,329 satisfied customers
"For Guru2009 only 1. Using the formula for simple interest
"For Guru2009 only 1. Using the formula for simple interest and the given values, find I. P=\$200; r=6%; t=4 years; I=? I=\$__ 2. Using the formula for simple interest, I=Prt, to find the indicated quan… read more
Chirag
Master's Degree
10,329 satisfied customers
The next number in the series 2, 5, 11, 20, 32, 47, is: 25
The next number in the series 2, 5, 11, 20, 32, 47, is: 25 56 65 66 74 2. The next number in the series 38, 36, 30, 28, 22, is: 12 14 16 18 20 3. You want to get an oil change every 4,000 miles. How m… read more
Stevewh
Teacher
Bachelor's Degree
6,427 satisfied customers
Given: Selling price of \$100000; 20% down payment; 12% for
Given: Selling price of \$100000; 20% down payment; 12% for 25 years. Calculate: A.) Amount of mortgage B.) Monthly Payment C.) Interest portion of first payment D.) Principal portion of first payment … read more
Trigeoscal
College Math Professor
Master's Degree
960 satisfied customers
1.What is the future value of an ordinary annuity of \$18,000
1.What is the future value of an ordinary annuity of \$18,000 per year, for two yrs, at 11% interest compounded annually? 2.Sheila has a revolving department store credit card account with an annual pe… read more
Trigeoscal
College Math Professor
Master's Degree
960 satisfied customers
Suppose you bought a house 18 months ago. The originalpurchase
Suppose you bought a house 18 months ago. The original purchase price was \$165,000.00. In order to avoid a PMI(Primary Mortgage Insurance), you paid 5% down. You agreed to a 30 year mortgage with a 6.… read more
Ray Atkinson
Bachelor's Degree
1,687 satisfied customers
Part I: Discussing Percents/Decimals/Fractions and Conversions Task
Part I: Discussing Percents/Decimals/Fractions and Conversions Task Background: There are different ways of representing the same value of a number. For instance, 0.5 (a decimal) is equivalent to 50% … read more
Mijcar
Consultant
Master's Degree
67 satisfied customers
Show Work: A table costs \$400. Sales tax is \$20. What is the
Show Work: A table costs \$400. Sales tax is \$20. What is the sales tax rate and what is the total price paid? Find percent notation for the number in decimal notation: 0.0045 Find decimal notation for… read more
Math-John
30 satisfied customers
Show Work: A table costs \$400. Sales tax is \$20. What is the
Show Work: A table costs \$400. Sales tax is \$20. What is the sales tax rate and what is the total price paid? Find percent notation for the number in decimal notation: 0.0045 Find decimal notation for… read more
Math-John
30 satisfied customers
28 is 40% of what number? Choose the best answer from
28 is 40% of what number? Choose the best answer from the options below: A 7 B 11.2 C 70 D 112 70% of 3,000 is what number? Choose the best answer from the options below: A 2.3 B 23 C 2,100 D 4,286 60… read more
Mr. Gregory White
Master's Degree
Master's Degree
167 satisfied customers
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