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Viktor [21]
2 years ago
7

Tommy Webster obtained a 30-year, $110,000.00 mortgage loan from People's Savings. The interest rate is 7.5 percent. For the fir

st payment, what is the interest?
Mathematics
1 answer:
Pepsi [2]2 years ago
4 0
The interest on the first monthly payment is ...
  I = Prt
  I = 110,000*7.5%*(1/12)= 687.50

For the first payment, the interest is
  $687.50

_____
The time period for the interest rate calculation is 1/12 year.
You might be interested in
A satellite in a 100-mile-high circular orbit around Earth has a velocity of approximately 17,500 miles per hour.If this velocit
AveGali [126]

Answer:

64.3 miles ( D)

Step-by-step explanation:

Circular orbit height ( from the center of the earth ) = 100 mile

angle between satellite and earth = 50°

escape velocity = √2 * 17500 =  24748.73 miles /hour

distance between surface of earth and satellite

x = cos ∅

∴ Cos ∅  = x / 100

x = cos 50° * 100   ≈ 64.3 miles

3 0
2 years ago
For a display, identical cubic boxes are stacked in square layers. Each layer consists of cubic boxes arranged in rows that form
serg [7]

Answer:

285  boxes are in the display

Step-by-step explanation:

Given data

top layer box = 1

last row box = 81

to find out

how many box

solution

we know that every row is a square so that if the bottom layer has 81 squares it mean this is 9² and every row has one lesser box

so that next row will have 8^2 and than 7² and so on till 1²

so we can say that cubes in the rows as that

Sum of all Squares = 9² + 8² +..........+ 1²

Sum of Squares positive Consecutive Integers formula are

Sum of Squares of Consecutive Integers = (1/6)(n)(n+1)(2n+1)  

here n = 9 so equation will be

Sum of Squares of Consecutive Integers = (1/6) × (9) × (9+1) × (2×9+1)

Sum of Squares of Consecutive Integers = 285

so 285  boxes are in the display

7 0
2 years ago
The segments shown below could form a triangle.
Rina8888 [55]

Answer:

A. True

Step-by-step explanation:

The Triangle Inequality Theorem says that the sum of any two sides must be greater than the third side. Let's see if this is true.

a + b

9 + 1 = 10>9

a + c

9 + 9 = 18>1

c + b

9 + 1 = 10>9

5 0
1 year ago
A hotel spent $504 on new hair dryers. The hair dryers cost $8 each. The hotel has 6 floors with the same number of rooms on eac
telo118 [61]

Answer:

504/8=63/6=10.5

10 rooms per floor with 3 leftover

5 0
2 years ago
Consider the system of linear equations. x + y = 9.0 0.50 x + 0.20 y = 4.05 Find the values of x and y .
mixas84 [53]

Answer:

x=7.5

y=1.5

Step-by-step explanation:

x + y = 9.0

subtract x from both sides

y=9-x

0.50x + 0.20y= 4.05

0.50 x +0.20(9-x)= 4.05

0.50x+1.8-0.2x= 4.05

combine like terms

0.30x+1.8= 4.05

subtract 1.8 from both sides

0.30x=2.25

divide both sides by 0.3

x=7.5

y=9-x

y=9-7.5

y=1.5

4 0
1 year ago
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