Part 1: Explain what the following variables represent and how changing each one affects the monthly payment amount: P, i, and t.
Part 2: Explain how changing each variable (P, i, and t) affects the total cost of principal and interest over the life of the loan.

Answers

Answer 1

Answer:

Part 1 and 2: P represents principle, or the original cost of the mortgage. i represents the annualinterest rate (r/n), and t represents time. When you change the time it affects monthlypayments because theres either more or less time to pay off the mortgage. Having a longertime to pay off means you'll have lower monthly payments. When the interest rateincreases, the monthly payment increases. This is because the higher the interest rate, themore interest you're paying. Changing the principle means you either have more or lessmoney to pay off.P2: Increasing i will increase the total cost since more interest will be charged. Increasingtime means there's more periods for interest to gather so the total cost will increase.Shortening the time will decrease the total cost because there will be less time for interestto accumulate.


Related Questions

Plz help fast!

Which type of association does each scatterplot
show?

A. Positive,
B. Negative,
C. No Association.

Answers

A scatter plot matrix shows all pairwise scatter plots for many variables. If the variables tend to increase and decrease together, the association is positive. If one variable tends to increase as the other decreases, the association is negative, I hope this helps

A woman is 5ft tall and her shadow is 4ft king. A nearby tree has a shadow of 30 ft long. How tall is the tree

Answers

Answer:

37 feet and 5 inches

Step-by-step explanation:

Answer:  40 ft tall

Step-by-step explanation:

you would mutiply it

Sharad went to his friend's place on a motorcycle. When he started, the reading was 19,235 km. When he reached his friend's place it was 19,301 km. How many km did sharad travel ?

Answers

Answer:

the number of km did sharad travel is 66 km

Step-by-step explanation:

The computation of the number of km did sharad travel is as follows:

= The km at his friend place - km when he started

= 19,301 km - 19,235 km

= 66 km

Hence, the number of km did sharad travel is 66 km

So, the same is to be considered by applying the given formula so that the correct distance could come

Angle measure pleaseeee

Answers

There are not angle m
There are not angle measure

Find the missing quantity in the double number line.

Answers

Step-by-step explanation:

[tex]\frac{3}{12} =\frac{x}{28} \\28(\frac{3}{12} )=x\\x=7[/tex]

Answer:

7

Step-by-step explanation:

we first divide 12 by 3 and we get

[tex]\frac{12}{3}=\frac{4}{1}[/tex]

that means:

for 4 pints we have 1 pitchers

so 28=4*7

[tex]\frac{4}{1}*\frac{7}{7}=\frac{28}{7}[/tex]

so that means for 28 pints we have 7 pitchers

GO ACROSS!!! Plz help

Answers

I’m sorry I can’t help

*when you look up every math question instead of using your brain*

Me:.....

Answers

Answer:

For real, Also, would you mind giving me brainliest?!

Step-by-step explanation:

Ty if u give me brainliest and ty for the points <3

I climbed 775 steps in 12 1/2 seconds


how many steps did i average climb per minute?

Answers

Answer:

3720

Step-by-step explanation:

60/12 1/2

*775

Answer:

Per minute is 3720 steps.

Step-by-step explanation:

60 divided by 12.5 = 4.8

4.8 times 775 = 3720

3.Salem bought a car for AED 60000 and spent AED5000 on its accessories .Later he sold the car for AED 70000. Find his profit % or loss%

Answers

Answer:

7.69%

Step-by-step explanation:

Explanation of the answer is given below:

Car bought for AED 60,000

Accessories for AED 5,000

Total AED 65,000

Car sold for AED 70,000

AED 65,000 - AED 70,000 = AED 5,000

AED 5,000 / 65,000 * 100

= 7.69% Profit

The correct answer is that Salem made a profit of 7.69% on his car.

please help!!! for anyone that knows

Answers

Answer:

The answer is the fourth option 133°.

i asked one my friends she said its the last one Answer. 133. I hope its right

What is the answer for (2b + 8)5 ?

Answers

Answer:

Expanded, the answer would be 10b + 40

Step-by-step explanation:

Just multiply 8 to 2b and 8

Solve the following problem. Choose the correct answer. Fairhaven Church buys four tires for its van. Each tire is priced at $43.95. The tire store offers churches a 3.5% discount. How much does Fairhaven Church pay in all? The church pays $ total.

Answers

Answer:

169.65

Step-by-step explanation:

43.95x4= 175.80 175.80x3.5=6.15 175.80-6.15=169.65

Find the slope and y-intercept of the graph of the equation.
y = 9x + 7

Answers

Answer:

Slope: 9x/1 and y-intercept is 7 (0,7)

Step-by-step explanation:

Are the triangles congruent? and why?

Answers

Answer:

Yes the triangles are congruent

Step-by-step explanation:

since

AB=CD

AD=CB

and BD= BD (common sides)

Therefore

the two triangles are congruent

Help pls guys!!!asap

Answers

Answer:

The answer is D

Step-by-step explanation:

This problem may look complex but it isn't; the variables in the "x" column represent what would be substituted for x, and y would be what the equation would equal AFTER substituting the x variable into the equation

So for example, using d's table, I would substitute -4 for x: y = -3(-4) + 2, the answer would be 14, which is in the y column. I will do the same thing using the next variable in the x column, y = -3(-2) + 2, that would equal 8, which is also in the y column, this would not serve true in any other tables.

Help ASAP if you want brainliest

Answers

Answer:the first one for miles is d and the second one for minutes is b

Step-by-step explanation:

What are the domain and range of each relation?
Drag the answer into the box to match each relation.

Answers

Answer:

the second one fore the points

then the third one for the graph

Step-by-step explanation:

(-4,3), (-4,4), (-3,1), (1,1):

X: -4, -3, 1       Since theirs two -4s you only put one

Y: 1, 3, 4           since theirs two 1s you only put one

The graph:

(1,-1), (4,4), (-1,1), (-3,1), (-3,-4)

X: 1, 4, -1, -3

Y: -1, 4, 1, -4

Have a safe and happy new year :)

this is for the brainlist winner

Answers

Thanks for the points!

Can someone help me really quick!?

Answers

Answer:

Yes its 2nd, 4th, and 5th

Step-by-step explanation:

Yo can somebody help me with this question

Answers

Answer:

[tex]\huge\boxed{x=9}[/tex]

Step-by-step explanation:

[tex]\angle A\cong\angle B\qquad\text{therefore}\qquad AC\cong BC\Rightarrow|AC|=|BC|\\\\\text{We have}\ |AC|=20;\ BC=3x-7.\\\\\text{Therefore}\\\\3x-7=20\qquad|\text{add 7 to both sides}\3x-7+7=20+7\\\\3x=27\qquad|\text{divide both sides by 3}\\\\\dfrac{3x}{3}=\dfrac{27}{3}\\\\x=9[/tex]

Evaluate -3(c + d)
for c= -2 and d = 1

Answers

Answer:

3

Step-by-step explanation:

The answer is 3 because first you add -2 + 1 which is -1 then you multiply -3 by -1 and you get 3

Sally's job pays her $30 per hour.
If Sally works 6 hours, how much money would she earn?
I

Answers

180 $
I hope that helps

Answer:

$180

Step-by-step explanation:

If Sally's job is paying her $30 PER HOUR, and we know that she works 6 hours, you would need to find how to put those two numbers together to get how much total money she earns. Since she gets 30 dollars per hour, and she works 6 hours, this hints to us that it is a multiplication problem. So, we would do 30×6= 180.

HELLLLLLP’!!!!
Suppose f(x)=2x-3 describe how the graph of g compares with the graph of f G(x)=f(x)+11

Answers

Answer:

Step-by-step explanation:

g(x) = 2x - 3 + 11

= 2x + 8.

The graph of g is parallel to the graph of f but f is translated upwards by 8 units.

This is the John Hancock Building. What shape do you think surrounds the diagonal braces? List several ways to test your conjecture.

Answers

Answer:

ha you said C O C K

Step-by-step explanation:

A dog walker service offers a daily service and a weekly service in the winter the ratio of daily customers to weekly customers was one to five however in the spring more customers moved to the daily service because of the nicer weather after the weather changed the ratio was 4:2 if there were 1:5weekly customers in the winter then how many daily customers were there in the spring

Answers

Answer:

Daily customers were there in the spring = 100 customers

Step-by-step explanation:

In winter :

Daily customers to weekly customers = 1:5

In spring

Daily customers to weekly customers = 4:2

And total weekly customer in winter = 125

Find:

Daily customers were there in the spring

Computation:

Total customer in winter = 125[6/5]

Total customer in winter = 150

Daily customers were there in the spring = 150 [4/6]

Daily customers were there in the spring = 100 customers

The between two points can be found by drawing a triangle. The length of this is the of the right triangle, the other two sides are and Example One: Determine the distance between the two points: (-2, -3) and (3, 4) (1) the points and the segment. a right triangle, and the units for the legs. (3) the right triangle, with and (4) Set up an equation. → Simplify and solve a² + b² = c²​

Answers

Answer:

Don't let anyone bring you down you matter you rock!

Step-by-step explanation:

Can I plz get the congruence and reason plz

Answers

Congruence is when there are 2 objects that have the same shape and size, or they "mirror" each other.

Question 6:

Congruence:

Yes, these two objects are congruent.

Reason:

They are congruent, because they have the same size and shape, or that they  "mirror" each other.

Question 7:

Congruence:

Yes there is congruence, here. These two objects are similar shapes, but not completely congruent.

Reason:

These two objects have the same size, but not the exact same shape. If you look at point B you can see that the two angles are different, which means that they are similar shapes, but not completely congruent.

Hope this helps! :)

(5-2)2 + 4•2 need help

Answers

Answer:

14 is the answer to this question

Step-by-step explanation:

10-4+8

6+8

14

Answer:

14

Step-by-step explanation:

please help. i’ll give brainliest

Answers

Answer:

What amI looking for ?!?! I promise I will help you reply in the comments!!

Step-by-step explanation:

Answer: What is this question mabe I can help please write the question first.

Step-by-step explanation:

Simplify 29 ÷ 26.
A. 215
B. 43
C. 2–3
D. 23

Answers

Answer:

23

Step-by-step explanation:

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