The Jones' old $47,000, 30 year, 12.8% mortgage has a monthly payment of $512.58. Over the 6 years since they took the loan, mortgage rates dropped. They can now apply for a mortgage at 9.05%, which will result in a new monthly payment of $369.36. To refinance, they must pay $1,020 in closing costs and a $480 prepayment penalty. Find the net amount they will save in the first year.

Answers

Answer 1

The net amount that will be saved by the Jones for the first year will be $814.32.

How to calculate the net amount?

From the information given, the old mortgage yearly payment will be:

= Monthly payment × Months

= $259.32 × 12

= $3111.84

The new monthly yearly payment will be:

= Monthly payment × Months

= $327.18 × 12

= $3926.16

Therefore, the net amount that will be saved will be:

= $3926.16 - $3111.84

= $814.32

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Related Questions

The sum of two numbers is 55. Their difference is −1. Find the numbers.

Answers

Step-by-step explanation:

lets say the first is x and the second is y then we can say

x+y=55 ......1

x-y= -1 .......2

by adding 1 with 2 then

x+y+x-y=55+(-1)

==> 2x= 55-1=54

==> x= 54/2=28

if we put x=28 in the 2nd equation then

28-y= -1

==> y=29

Please help me with Part C of this question

Answers

Answer:

14-18 minutes

Step-by-step explanation:

Part a is 32 inches per minute

part b is 252 inches per minute

The question asks the change in elevation fastest, in part b 252 is greater than 32 so 14-18 minutes is the answer.

Answer:

14-18 minutes

Step-by-step explanation:

Part a is 32 inches per minute and part b is 252 inches per minute

this question asks the change in elevation fastest, in part b 252 is greater than 32 so 14-18 minutes is the answer.

The number 111…111 (100 ones) is multiplied by 101. The resulting number is then also multiplied by 101. The number obtained in the second step is again multiplied by 101. What is the sum of the digits of the number obtained in the third step?

Answers

Answer:

  800

Step-by-step explanation:

The three multiplication steps are equivalent to multiplying by ...

  101³ = 1030301

The sum of digits of the product will be the sum of digits of the partial products, since none of the digit-by-digit multiplications results in a product that is more than 10.

The sum of digits of the third product is ...

  (1 × 100) × (1 + 3 + 3 + 1) = 800

Which decimal is greater: 4.58 or 4.5?

Answers

4.58 is 0.08 greater than 4.5

Answer

Since 3 is greater than 0 we know that 7.835 is greater than 7.8. We follow the same process to find that 7.35 is less than 7.358. Then we can put the number


There you go I hope that helps and have a great day

Which is the best example of an out-of-pocket cost?
A. A claim
B. A benefit
C. A deductible
D. A repair estimate​

Answers

A best example of an out-of-pocket cost is: C. A deductible.

What is an Out-of-Pocket Cost?

An out-of-pocket cost can be described as a cost you pay from your own personal reserve, which may include coinsurance, deductibles, copays, and some services covered by an individual's health plan.

Out-of-pocket cost may be reimbursed.

Thus, a best example of an out-of-pocket cost is: C. A deductible.

Learn more about out-of-pocket cost on:

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Answer: C. A deductible

Step-by-step explanation:

what is the fewest numbers of sides a polygon can have. why?

Answers

A polygon with the minimum number of sides is called a triangle. The smallest number of sides a polygon can have is three.

the temperature on wednesday was "-17" degrees. From Tuesday to Wednesday it got 24 degrees colder. What was the temperature on Tuesday?

Answers

Answer:

-41 degrees

Step-by-step explanation:

Since we're getting colder you would subtract 24 from the current -17 degrees.
-17-24 = -41

Help I don't understand this math. Whoever gets the right answer gets Brainlist! :)

Do the graph and table to find the equation that represents the relationship for each of the 2 questions! :)​

Answers

Answer:

1) y=x-4

2)y=x+2

Step-by-step explanation:

You can see on the first one y is just 4 less than x

You can see that the second one (graph) has a slope. As by the points, if you increase x by 0.5 you increase y by one.

Thus, y=x+2

Hope this helped! I can't see much of the question :)

Write an expression for the area of the following regular polygon?

Answers

Answer:

126x - 42x²

Step-by-step explanation:

Finding the necessary information

P = Perimeter = 6(6 - 2x) = 36 - 12xa = 7x

Area

1/2 x (36 - 12x) x 7x(18 - 6x) x 7x126x - 42x²

Evaluate x3 - x + x0 for x = -1.

Answers

substitute (-1)3-(-1)+(-1)0
multiply (-3)+1+0
simplify. -2

Final Answer: -2

(n-1 +7) simplify plssss helppp

Answers

Answer: n+6

-1 + 7 = 6

So therefore, the answer is n+6

Hope this helped

Answer:

[tex]\boxed{\sf{n+6}}[/tex]

Step-by-step explanation:

To solve this problem, first, you have to do is isolate it on one side of the equation.

(n-1+7)

First, remove parentheses.

→ n-1+7

Add the numbers from left to right.

→ -1+7=6

→ n+6

Therefore, the final answer is n+6.

I hope this helps you! Let me know if my answer is wrong or not.

Ama and Kwame shared an amount of money.
If Ama received one third of the money. Which
fraction is for Ama's share?



Answers

Answer:

2/3
Or two thirds

Explanation:

1-1/3 is 2/3

Please mark brainliest.

You and your friend are standing on the baseline of a
basketball court. You bounce a basketball to your friend, as shown in the diagram. What is the
distance between you and your friend? Round your answer to the nearest tenth.

Answers

The distance between you and your friend rounded  to the nearest tenth is 10.7 feet.

How to find the length of a triangle using cosine rule?

The distance between you and your friend can be found using cosine rule.

Therefore,

c²  =a² + b² - 2ab cos C

Therefore,

let

x = distance between him and his friend

x² = 7² + 6² - 2 × 7 × 6 cos 110°

x² = 49 + 36 - 84 × -0.34202014332

x² = 49 + 36 + 28.7296920394

x² = 113.729692039

x = √113.729692039

x = 10.6644124076

x = 10.7 ft

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Solve the system by graphing.
What is the solution of y=-x+4 and y=3/5x+4

Answers

Answer:

x=0 and y=4 thats where the points meet

Step-by-step explanation:

solution of x and y:

both equations equal to y so you can put them together

3/5x+4=-x+4

separate the variables and numbers...

1.6x=0

x=0

y=4

if ur using a graph, use the y intercept (0,4) for your first point

then, using y=-x+4, make -x a fraction -1/1

by using rise/run go down one unit from (0,4) since its negative 1

then one unit to the right from where you are

you should be able to connect the points for the first equation

find the second equation on your own now:)

How to graph (x-2)(y-3)=0

Answers

Answer:

This is what it should look like. The slope is 0 and there are two points. (0,3) (1,3)

What’s 8.4 cm converted to in.

Answers

Answer:

3.30709

Step-by-step explanation:

FORMULA :

divide the length value by 2.54

8.4 ÷ 2.54

= 3.30709

Financial Literacy Paul earns $25 for grooming a dog plus $18.50
per day for boarding the same dog.
e. Write an equation to find the amount of money Paul earned m
for grooming a dog once and boarding it for any number of days d.
f. Make a table to find his earnings for 5, 6, 7, or 8 days. Then graph
the ordered pairs.

Answers

Answer:

e): m=18.50d + 25

Step-by-step explanation:

Rylee read 36 pages of a book before putting
it down for a month. She wants to resume
reading the book that is more than 480 pages
long. She plans on finishing the book in
12 days, reading the same amount each day.
5. Which inequality can be used to determine,
p, the number of pages that Rylee must read
P
each day to attain her goal?
A. 12p - 36 < 480
B. 12p + 36 < 480
C. 12p - 36 > 480
D. 12p + 36 > 480
-

Answers

Answer:

  D. 12p + 36 > 480

Step-by-step explanation:

The number of pages read is the sum of the number already read (36) and the product of the number read each day (p) and the number of days (12). Rylee wants this number of pages read to be more than 480.

__

The inequality expressing a sum greater than 480 is ...

  12p +36 > 480 . . . . choice D

Moving with a speed of v km/hour, a steam boat travels the distance between the
points A and B, which is 200 km, in t hours.
Find the formula which describes t as a function of v.

Answers

Answer:

  t = 200/v

Step-by-step explanation:

The relationship between speed, distance, and time is ...

  d = vt

Solving for t gives ...

  t = d/v

For a distance of d=200 km, the time in hours will be ...

  t = 200/v . . . . . . where v has units of km/hour

Find N in this equation: N X 4 divided by 2 + 5 - 1 = 20

Answers

Hi!

4n/2+5-1=202n+4=202n=20-42n=16n=8

Which one has the same volume

Answers

Answer:

u should've cropped out ur name

Step-by-step explanation:

The equation that defines 'x' as a function of 'y' will be x = 5 - 3y. Then the correct option is A.

What is a function?

A function is an assertion, concept, or principle that establishes an association between two variables. Functions may be found throughout mathematics and are essential for the development of significant links.

Let's check all the options, then we have

A. x = 5 - 3y, the independent variable is 'y' and the dependent variable is 'x'.

B. y = 0x + 5, the independent variable is 'x' and the dependent variable is 'y'.

C. x² + y² = 2, it is not a function because the number of values of 'x' and 'y' will be two.

D. x² = y, it is not a function because the number of values of 'x' will be two.

The equation that defines 'x' as a function of 'y' will be x = 5 - 3y. Then the correct option is A.

More about the function link is given below.

https://brainly.com/question/5245372

#SPJ7

What is the elapsed time and estimated time

Answers

Answer:

The formula for calculating elapsed time is elapsed time = end time – start time. Subtract the minutes and hours separately. For example to calculate the elapsed time between 12:10 and 16:40, subtract 12:10 from 16:4. Looking at the hours, 16 – 12 = 4 and looking at the minutes, 40 – 10 = 30.

15√6 cm
12/54 cm
6√24 cm

Answers

Answer:

Step-by-step explanation:

15√6

12√54 = 12√(9×6) = 36√6

6√24 = 6√(4×6) = 12√6

15√6 + 36√6 + 12√6 = 63√6

In​ 2014, the population of a state was approximately 1,624,000. If the population decrease was about 0.59​%, find the population of the state in 2016.

Answers

Answer:

1,614,312.

Step-by-step explanation:

0.59% = 0.0059 as a decimal fraction.

Population in 2016 =  1,624,000 - 0.0059 *  1,624,000

= 1614312

Find the area of the figure below. Show all work for each step. Work should inc
radical. Take your time and be thorough. Include units in final answer.
(-5√2+5√5) ft
(3√2 + 4√5) ft

Answers

Answer:

[tex]5\sqrt{10} +70[/tex] ft

Step-by-step explanation:

AREA = LENGTH x WIDTH

[tex](-5\sqrt{2}+5\sqrt{5})(3\sqrt{2} +4\sqrt{5} )[/tex]

[tex]-15(2)-20\sqrt{10} +15\sqrt{10} +20(5)[/tex]

[tex]-30-5\sqrt{10} +100[/tex]

[tex]5\sqrt{10} +70[/tex]

Important things to keep in mind:

[tex]\sqrt{2} (\sqrt{2} )=2(2)=4[/tex]    Radical goes away (same #)[tex]\sqrt{2} (\sqrt{5})=\sqrt{10}[/tex]          

A sample of 36 people yielded the information about their health insurance in the table to the right.
Two people who provided information for the table were selected at​ random, without replacement. Find the probability that neither had traditional insurance.

Answers

The probability that neither of the two people selected have traditional insurance is 0.33.

What is the probability that neither had traditional insurance?

Probability determines the chances that an event would happen. The probability the event occurs is 1 and the probability that the event does not occur is 0.

The probability that neither of the two people selected have traditional insurance = (number of people that chose manage care plan + number of people who dont have any insurance) / total number of people surveryed x [(number of people that chose manage care plan + number of people who dont have any insurance) / total number of people surveryed - 1]

21/36 x 20/35 = 0.33

Please find attached the table. To learn more about probability, please check: https://brainly.com/question/13234031


Write an equation in standard form of the hyperbola described.
Vertex (10, 0); focus (-26, 0); center (0,0)

Answers

Check the picture below, so the hyperbola looks more or less like the one below, let's find the conjugate axis or namely the "b" component.

[tex]\textit{hyperbolas, horizontal traverse axis } \\\\ \cfrac{(x- h)^2}{ a^2}-\cfrac{(y- k)^2}{ b^2}=1 \qquad \begin{cases} center\ ( h, k)\\ vertices\ ( h\pm a, k)\\ c=\textit{distance from}\\ \qquad \textit{center to foci}\\ \qquad \sqrt{ a ^2 + b ^2} \end{cases} \\\\[-0.35em] ~\dotfill[/tex]

[tex]\begin{cases} h=0\\ k=0\\ a=10\\ c=26 \end{cases}\implies \cfrac{(x-0)^2}{10^2}-\cfrac{(y-0)^2}{b^2} \\\\\\ c^2=a^2+b^2\implies 26^2=10^2+b^2\implies 676=100+b^2\implies \underline{576=b^2} \\\\\\ \cfrac{(x-0)^2}{10^2}-\cfrac{(y-0)^2}{576}\implies \boxed{\cfrac{x^2}{100}-\cfrac{y^2}{576}}[/tex]

|x+1|+|x-2|=3
WHAT IS THE ANSWER??

Answers

Answer:

  -1 ≤ x ≤ 2

Step-by-step explanation:

The given equation can be rewritten as a piecewise function and solved in pieces.

The term |x+1| changes definition at x=-1. For x-values less than that, it is defined as -(x+1). Similarly, the term |x-2| changes definition at x=2. For x-values less than that, its definition is -(x-2). In the following, we consider the three pieces of the function.

__

x < -1

In this domain, the absolute value functions both have negative arguments, so the equation is effectively ...

  -(x +1) -(x -2) = 3

  -2x +1 = 3 . . . . . . . simplify

  -2x = 2 . . . . . . subtract 1

  x = -1 . . . . divide by -2

This value of x is not in the domain we have defined, so there is no solution in this domain.

__

-1 ≤ x ≤ 2

In this domain, the function |x+1| has a non-negative argument, but the function |x-2| has a non-positive argument. The equation is effectively ...

  (x +1) -(x -2) = 3

  x -x +1 +2 = 3 . . . . . eliminate parentheses, group like terms

  3 = 3 . . . . . . . . . true for the entire domain

The solution here is -1 ≤ x ≤ 2.

__

2 < x

Both absolute value terms have positive arguments in this domain, so the equation is effectlvely ...

  (x +1) +(x -2) = 3

  2x -1 = 3 . . . . . simplify

  2x = 4 . . . .  add 1

  x = 2 . . . . divide by 2

This value of x is not in the domain we have defined, so there is no solution in this domain.

__

The solution to the given equation is -1 ≤ x ≤ 2.

Simplify.
Rewrite the expression in the form a”.
(a”)? = 1



Please needhelp urgently

Answers

Answer:

just randomly write a¹⁰

The point of intersection of the diagonals of a rectangle is 4 cm further away from the smaller side than from the larger side of the rectangle. The perimeter of the rectangle is equal to 56cm. Find the lengths of each side of the rectangle

Answers

Answer:

smaller side: 10 cmlarger side: 18 cm

Step-by-step explanation:

The given relationships can be translated to equations using L and W for the length and width of the rectangle. The distance from the center to the short side is L/2, and the distance from the center to the long side is W/2.

Setup

  P = 2(L +W) . . . . . formula for the perimeter

  56 = 2(L +W) . . . . . the perimeter is 56 cm

  L/2 = 4 + W/2 . . . . . distance to short side is 4 cm longer

__

Solution

Dividing the first equation by 2 gives ...

  28 = L +W

Multiplying the second equation by 2 gives ...

  L = 8 + W

Substituting for L in the first equation, we have ...

  28 = (8 +W) +W . . . . . . use L=8+W

  20 = 2W . . . . . . . . .subtract 8

  10 = W . . . . . . . . divide by 2

  L = 8 +10 = 18 . . . . . find the length

__

The smaller side is 10 cm; the larger side is 18 cm.

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