Kate and Ashton have been approved for a $250,000 15-year mortgage with an APR of 4.2%. How much of their first monthly payment will go to interest, using the simple interest formula?

Answers

Answer 1

Based on the size of the mortgage, and the APR, the amount that will go to interest from the first monthly payment by Kate and Ashton is $875.

What is the first interest payment for Kate and Ashton?

First find the monthly interest rate:

= 4.2% / 12 months

= 0.035%

The first monthly payment is:

= Mortgage amount x monthly interest rate

= 250,000 x 0.035%

= $875

In conclusion, their first interest payment is $875.

Find out more on interest payments at https://brainly.com/question/13405769.


Related Questions

What is the hydronium ion concentration in a solution with a pH of 4.25?

Answers

Answer:

5.6 × 10⁻⁵ mol/L

Step-by-step explanation:

(7y to the fourth power) to the second power

Answers

Answer:

7y^(8)

Step-by-step explanation:

(7y^4)^2

=7y^(4×2)

=7y^(8)

cos ∅ = 5/13 and sin ∅ < 0. Identify the quadrant of ∅ and find sin ∅.​

Answers

Answer:

Step-by-step explanation:

The height of a triangular truss is 5 ft less than the base. The amount of drywall needed to cover the triangular area is 84 ft2. Find the base and height of the triangle to the nearest tenth of a foot.

Answers

Answer:
Base: 15.1 ft
Height: 11.1 ft

Step-by-step explanation:

(15.1 x 11.1)/2 = 84.07

84.07 ≈ 84

This is the closest answer.

Tom saved x silver coins, y gold coins and z bills. How much has Tom saved?
A) xyz
B) x+y+z
C) 3(xyz)
D) z-(y+x)

Answers

B) x+y+z
bcs the question just asked how much has tom saved so just have to total up everything

Answer:

B) x+y+z

Step-by-step explanation:

CARRY ON LEARNING

CORRECT THIS ANSWER

MARK A BRAIN LESS

NEED HELP BRAIN LY FAST

help me please with this problem​

Answers

Answer:

20.4

Step-by-step explanation:

First you do  8947.95/30.25 and you will get 295.8 the you divide that by 14.5 and you will get 20.4 and that will be your answer

A cup of brewed tea has 54 milligrams less caffeine than a cup of brewed coffee. If a cup of tea has 66 milligrams of caffeine, how much caffeine is in a cup of coffee?

Answers

Answer:

120 milligrams

Step-by-step explanation:

x=coffee

x-54=tea

x-54=66

x=66+54=120

21.
Use the information given to answer the question.
Consider the information about the number of customers that select various frame
colors at a frame store one day.
• 15 customers select white frames.
• 30 customers select black frames.
• 45 customers select gold frames.
Part A
If there are a total of 2.200 customers that order from the frame store one month, what
is the best approximation for how many customers that month select a black frame?
A. 367 customers
B. 733 customers
C. 1, 100 customers
D. 1. 167 customers

Answers

Answer:

B. 733 customers

Step-by-step explanation:

15+30+45=90

since 30 people select a black frame, 1/3 of the customers picked black frames. If this data is consistent through the month (which we have to assume it is) then that means 1/3 of customers select a black frame on average. 1/3 of 2,200 is about 733, so we can assume, using the data given, that about 733 customers selected black frames! :)

Can someone please state the answers

Answers

Answer:

i think it is the first one

Step-by-step explanation:

Is this the answer please check my answer!!! Thank you!

Answers

Answer:

Yeah, you're right.

Step-by-step explanation:

Help help help help help help math math

Answers

X/8=15/12
X=10

The answer Is 10

The perimeter of a deck is 48 ft. If the length is 16 ft., what is the width?

Answers

Answer:

8

Hope This Helps1 :) Please give Brainliest if this does!

Refer to attachment below;

What is the area
of a sector
when 0=pi/2 radians and
8/
3?

Answers

[tex]\textit{area of a sector of a circle}\\\\ A=\cfrac{\theta r^2}{2}~~ \begin{cases} r=radius\\ \theta =\stackrel{radias}{angle}\\[-0.5em] \hrulefill\\ r=\frac{8}{3}\\ \theta =\frac{\pi }{2} \end{cases}\implies A=\cfrac{~~ \left( \frac{\pi }{2} \right)\left( \frac{8}{3} \right)^2~~}{2}\implies A=\cfrac{~~ \left( \frac{\pi }{2} \right)\left( \frac{64}{9} \right)~~}{2} \\\\\\ A=\cfrac{~~\frac{32\pi }{9} ~~}{\frac{2}{1}}\implies A=\cfrac{32\pi }{9}\cdot \cfrac{1}{2}\implies A=\cfrac{16\pi }{9}[/tex]

You have a bag of marbles. In the bag, there is a red, blue,
white, yellow, orange and black marble. Find the probability
that you choose the red, then the blue marble (you don't
replace the first marble you draw). Express your answer as a
simplified fraction.

Answers

Answer:

1/6 probability that you choose red

1/6 probability that you choose blue

Step-by-step explanation:

There are 6 marbles and only one is red, same with blue, so out of six times you pick a marble you will get the blue once and red once.

Evaluate the piecewise function by matching the domain values with the range values.

Answers

The subfuctions of the piecewise function f(x) are linear functions

The matching values of the domain values with the range values are

x       f(x)

-4      -7

-2      -8

0       -2

2       4

4      -4

8     -12

How to evaluate the piece-wise function?

The function is given as:

[tex]f(x) = \left[\begin{array}{cc}x-3&x\le-4\\3x-2&-4 < x\le 2\\-2x+4&x > 2\end{array}\right][/tex]

The above definition means that:

All x values less than or equal to -4 would be evaluated using f(x) = x - 3All x values greater than -4 but less than or equal to 2 would be evaluated using f(x) = 3x - 2All x values greater than 2 would be evaluated using f(x) = -2x + 4

Using the above highligts, we have:

f(-4) = -4 - 3 = -7

f(-2) = 3(-2) - 2 = -8

f(0) = 3(0) - 2 = -2

f(2) = 3(2) - 2 = 4

f(4) = -2 * 4 + 4 = -4

f(8) = -2 * 8 + 4 = -12

So, the matching values are

x       f(x)

-4      -7

-2      -8

0       -2

2       4

4      -4

8     -12

Read more about piecewise functions at:

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Each model represents one whole. In which model does the shaded section represent the
product of 5/8and 3/8 ?

Answers

You would show the answer choices for this one. 5/8 x 3/8 is 15/64 or about 0.234375.

Describe the transformations from the parent function f(x)=x^2 to the function g(x+2)^2+5
2 units to the right, 5 units up
2 units down, 5 units to the left
2 units down, 5 units to the right
2 units to the left, 5 units up

Answers

Answer: 2 units to the right, 5 units up

Step-by-step explanation:

If nitrogen is warmer than -320 degrees Fahrenheit, it will be a gas.

Write an inequality that is true only for temperatures at which nitrogen is a gas.

Answers

Answer:

Step-by-step explanation:

If nitrogen is warmer than -320 degrees farenheit it will be gas .write an inequality that is true only for temperatures (t) at which nitrogen is a gas.

✓ t&gt;-320=gas if I'm thinking about it correctly

John works at Klein’s Dry Cleaning. He earns $8.45 per hour. If John worked 39 hours this week, what is his pay? *

Answers

Answer: 329.55

Step-by-step explanation: multiple 8.45 by 39 which is 329.55

8.45 * 39 = 329.55

$329.55


Explanation:


Multiply 8.45 by 39


The product is 329.55, so that’s your answer.


Hope this helps!

A square pyramid is shown sitting on its base.

Answers

Answer:

312

Step-by-step explanation:

First we find the measure of the basea and that is 144 becuase 12x12

To find one side we do b*h over 2 and that is 7x12/2 which is 42 then we know that there are 4 more of those sides and we get 42*4 168

When we add 144+168 we will get 312


Volume of a box If a box has a volume of 42 cubic feet, is it possible for you to
fit inside the box? Explain your answer

Answers

Answer:

yes ,because the average human hight

cannot exceed 7squared feets

Without knowing the dimensions of the box or the size of the person, we cannot determine whether the person can fit inside the box or not.

What is a box?

In mathematics, a box is a three-dimensional shape that has six rectangular faces.

It is also called a rectangular prism.

The faces on opposite sides of a box are congruent and parallel. A box has a height, width, and length, which are usually labeled as h, w, and l.

The volume of a box can be found by multiplying its length, width, and height: V = l × w × h.

We have,

The volume of a box is a measure of the amount of space inside the box, typically measured in cubic units such as cubic feet or cubic meters.

If a box has a volume of 42 cubic feet, it is simply telling us the amount of space inside the box.

Whether a person can fit inside the box or not depends on the size of the box and the size of the person.

Without knowing the dimensions of the box or the size of the person, we cannot determine whether the person can fit inside the box or not.

So,

We need more information to answer this question.

Thus,

Without knowing the dimensions of the box or the size of the person, we cannot determine whether the person can fit inside the box or not.

Learn more about box here:

https://brainly.com/question/16183371

#SPJ2

HELP PLS GIVING 20 POINTS!!!! LOOK AT PICTURE FOR QUESTION!!!

Answers

Answer:

75; 76; 77

Step-by-step explanation:

four times the sum of 3 consecutive numbers

first number is X

second is X+1

third is X+2

4 × (x + x+1 + x+2) = 912

4(3x + 3) = 912

12x = 912 - 12

x = 900/12

x = 75

the three numbers are : 75 , 76 , 77

A plane that carries mail makes a round trip each day from Chicago to New York. It makes 2 intermediate stops on the way to New York and 3 intermediate stops on the way back to Chicago. Suppose you make a graph of the altitude of the plane for one day, with time on the horizontal axis and altitude on the vertical axis. How many times will the graph touch the horizontal axis?

5

7

8

Answers

Stops means height is 0 then

So

Total stops while NY=2Total stops while Chicago=3

Total stops on both:-

2+35

The graph will reach horizontal axis 5times

Jackson wants to make a scale drawing of idaho, which has a maximum length of about 480miles and a maximum width of about 300 miles. Jackson will use a width of 40 centimeters in his drawing. How long should the length of idaho be in jackson’s drawing?

Answers

Answer:

64

Step-by-step explanation:

scale problem

ratio:

300/480 = 40/x

300x = 19200

x = 19200/300

x = 64

quiziz

A triangle has angle measurements of 36°, 83°, and 61°. What kind of triangle is it?

Answers

Answer:

It is an acute truangle.

Step-by-step explanation:

It is an acute triangle since all of the side are less than 90 degrees.

Julie has 30 pounds of chocolate that she is selling for a fundraiser. She is putting the chocolate into boxes that each hold 2/3 pound of chocolate. How many boxes can she fill?

Answers

Answer:

45 boxes.

Step-by-step explanation:

30 / 2/3

= 30 * 3/2

= 90/2= 45


MAX POINTS
WILL GIVE BRANLIEST PLEASE HELP

h(x)=3/x-h +k
Oh no! He seems to be missing some parts though. He was "robbed" of his
asymptotes.
Luckily, he can remember what they were:
1. This functions vertical asymptote was x=-5.
2. This functions horizontal asymptote was y = 12.
Please recreate this function with those identifying features! Please make sure it
looks like the function in the picture

Answers

Let's do

[tex]\\ \rm\dashrightarrow y=\dfrac{3}{x-h}+k[/tex]

Release k for some while

If

we take h=0

So

y=3/x

So vertical asymptote is at origin now

It mentioned that it's at x=-5 so we need to change x

put -5 in place of h

[tex]\\ \rm\dashrightarrow y=\dfrac{3}{x-(-5)}[/tex]

[tex]\\ \rm\dashrightarrow y=\dfrac{3}{x+5}[/tex]

Vertical asymptote at x=-5

Now

for k=0 horizontal asymptote at origin

But it's given

y is at 12

Same put y=12 in place of k

[tex]\\ \rm\dashrightarrow y=\dfrac{3}{x+5}+12[/tex]

h=-5k=12

Graph attached for verification

Answer:

h(x)=3/x+5 +12

Step-by-step explanation:

help please!
x+2/2x-2 = 7/x+3

Answers

Answer:

im sorry I don't know I didn't do this in school

How do you do 42.5 times 86?

Answers

Answer:

3655 use a calculator

Step-by-step explanation:

It’s easy either add 42.5 82 or just put in the calculator 42.5 x 82

Suppose a sample of 313 tankers is drawn. Of these ships, 235 did not have spills. Using the data, estimate the proportion of oil tankers that had spills.

Answers

Answer:

78

Step-by-step explanation:

313 - 235 = 78

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