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

7 A plank of wood is 3 m in length. How long
will it be if I cut 5/8.m of wood from it?

Answers

Answer:

1.125m

Step-by-step explanation:

\(1 - \frac{5}{8} = \frac{3}{8} \\ 3m \times \frac{3}{8} = 1.125m\)

Complete the definition.
A relation/function is a relation/function where there is exactly one unique output/input for each output/input

Answers

Answer:

A relation has an input value which corresponds to an output value. When each input value has one and only one output value, that relation is a function. Functions can be written as ordered pairs, tables, or graphs. The set of input values is called the domain, and the set of output values is called the range.

Step-by-step explanation:

p= ?
m∠RTS=?
explain how you find the requested values ​

p= ?mRTS=?explain how you find the requested values

Answers

The angle of the T in the ΔRST is 100° and the value of p is 11.

Define Triangle.

A triangle is a polygon that consists of three sides and three vertices. The fact that the interior angles of a triangle add up to 180 degrees is the most crucial aspect of triangles. This characteristic is known as the angle sum property of a triangle.

i.e., In a give ΔABC, ∠A + ∠B + ∠C = 180°.

Given:

∠R = 37°; ∠S = 43°; ∠T = 10p-10°

Let's take ∠T = x

In ΔRST,

∠R + ∠S + ∠T = 180°

37 + 43 + x =  180°

x = 180 - 80 ⇒ 100

∴ ∠T = 100°

To find the value of p,

 ∠T = 100

10p - 10 = 100

10p = 110 ⇒ 11

∴ p = 11

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9x - 2c = kSolve for x

Answers

To solve for x, we need to add 2c on both sides as:

9x - 2c = k

9x - 2c + 2c = k + 2c

9x = k + 2c

Then, dividing by 9 into both sides:

\(\begin{gathered} \frac{9x}{9}=\frac{k+2c}{9} \\ x=\frac{k}{9}+\frac{2c}{9} \end{gathered}\)

Answer: x = k/9 + 2c/9

HELLPPPPPPPPP PLEAAASSSEEEEE

HELLPPPPPPPPP PLEAAASSSEEEEE

Answers

Option number 3 should be the correct answer

I prepaid 70% of the total cost of $127.50 last week . The total you still owe is______?

Answers

Answer:

38.25

Step-by-step explanation:

Note:

Paid 70%

Total 127.50

Solution:

127.50 · 70% = 89.25

127.50 - 89.25 = 38.25

Hence, The total you still owe is $38.25

If bc= 12 and cd is 5 then bd =

Answers

Answer:

bd would also equal 5 i love math

Step-by-step explanation:

Answer:

There's no diagram.

I guess You forgot to send.

I'll guess its a quadrilateral.

Draw out a little quadrilateral...eg a rectangle

Label your points.

From the labelling ... Distance BD is now the diagonal of the rectangle.

Using Pythagorean theorem to get it...

BD = √12²+5²

BD=13.

20 is ___% greater than 15

Answers

Answer: approximately 33.333%

Step-by-step explanation:

~33,33%
Step by step
20-15= 5
5/15 = 0,3333333…
0,333333 -> ~33,33%

A bulletin board is 11 feet by 6 feet. The area of the board is what square feet.​

Answers

Answer:

66 feet sq.

Step-by-step explanation:

Eleven times six would be sixty-six.

Break up 11 into its tens and ones

11*6 =60

1*6 =6

Add the two, 60+6 =66

What meaning of the statement this: subgroups partition groups into subsets of equal size?

Answers

Answer:

This statement means that subgroups divide a larger group into smaller groups, and each of these smaller groups has the same number of things in it. For example, if there are 12 people in a group, and they form subgroups of 3 people each in a group, there will be 4 groups total, and each individual subgroup will have 3 people in it.

Which expression is equivalent to 27 + 63 ? 3(9 + 18) 9(3 + 7) 21(7 + 3) 7(21 + 9)

Answers

Which expression is equivalent to 27 + 63 ?

3(9 + 18)

9(3 + 7)

21(7 + 3)

7(21 + 9)

What is the measure of DEF

What is the measure of DEF

Answers

The calculated measure of the arc DEF is 204 degrees

Calculating the measure of arc DEF

From the question, we have the following parameters that can be used in our computation:

The circle

The measure of the arc intercepted by the angle DEF is calculated as

Arc DF = 2 * DEF

When the given values are substituted in the above equation, we have the following equation

Arc DF = 2 * 78

So, we have

Arc DF = 156

The measure of arc DEF is then calculated as

Arc DEF = 360 - 156

Evaluate

Arc DEF = 204

Hence, the measure of the arc DEF is 204 degrees

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Vector v = (2,1). What operation has been performed on v to result in the vector that is shown?

Vector v = (2,1). What operation has been performed on v to result in the vector that is shown?

Answers

The operation that has been performed on v to result in the vector that is shown is multiplication by -1.

How to explain the vector

The vector that is shown is (-2, -1). This can be obtained from vector v = (2, 1) by multiplying it by -1. Multiplying a vector by a negative number reverses its direction.

Multiplication of a vector by a number is performed component-wise. This means that each component of the vector is multiplied by the number. In the case of (-1) * (2, 1), each component is multiplied by -1. This results in the vector (-2, -1).

Here is the mathematical equation:

(-1) * (2, 1) = (-2, -1)

Therefore, the operation that has been performed on v to result in the vector that is shown is multiplication by -1.

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If the null hypothesis is inside the confidence interval, then the decision was likely to ________ using hypothesis testing.
a) reject the null hypothesis
b) retain the null hypothesis

Answers

Answer:

B: Retain the null hypothesis

Step-by-step explanation:

In the relationship between the confidence interval and hypothesis, it is stated that:

When the confidence interval is constructed, all values that fall inside the interval are considered possible values for the parameter that we are estimating while values that fall outside the interval are rejected as they are considered not possible or realistic values.

Now, If the value of the parameter specified by the null hypothesis falls inside the given confidence interval, then we will fail to reject the null hypothesis at the corresponding significance level. However, If the value specified by the null hypothesis doesn't fall inside the given confidence interval, then the null hypothesis can be rejected at the corresponding significance level.

Prove that the only automorphism of a well-ordered set is the identity?

Answers

The only automorphism of a well-ordered set is the identity.

To prove this statement, we need to show that any automorphism of a well-ordered set must be the identity function. An automorphism is a bijective function that preserves the order structure of the set.

Assume we have a well-ordered set (W, ≤), where W is the set and ≤ is the order relation.

Let f: W → W be an automorphism of the set.

We aim to prove that f is the identity function, i.e., f(x) = x for all x ∈ W.

Suppose, for contradiction, that there exists an element a ∈ W such that f(a) ≠ a.

Since f is a bijective function, there must exist some b ∈ W such that f(b) = a.

Since (W, ≤) is well-ordered, there is a least element c in the set {x ∈ W : f(x) ≠ x}.

Let d = f(c). Since f is an automorphism, f(c) ≠ c, and thus d ≠ c.

Since (W, ≤) is well-ordered, there is a least element e in the set {x ∈ W : f(x) = d}.

Consider the element f(e). Since f is a bijective function, there must exist some f^{-1}(f(e)) = e' ∈ W such that f(e') = f(e) = d.

By the definition of automorphism, f(f^{-1}(y)) = y for all y ∈ W. Applying this property to e', we have f(f^{-1}(f(e'))) = f(e') = d.

However, f^{-1}(f(e')) = e' ≠ c, and thus f(e') ≠ d. This contradicts the fact that e is the least element in the set {x ∈ W : f(x) = d}.

Therefore, our assumption that there exists an element a such that f(a) ≠ a is false.

Since we assumed f(a) ≠ a for arbitrary a ∈ W, it follows that f(x) = x for all x ∈ W.

Hence, the only automorphism of a well-ordered set is the identity function.

Therefore, we have proven that the only automorphism of a well-ordered set is the identity function.

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Only help me with number 44 thank you so much

Only help me with number 44 thank you so much

Answers

\(\begin{gathered} \text{Given} \\ 3\frac{1}{2}\div\frac{3}{4}=4\frac{2}{3} \end{gathered}\)

If Maddy had a piece of ribbon that is 3 1/2 yards long divided into ribbons 3/4 yard long. Then Maddy made 4 bows from the piece of ribbon and had enough left for 2/3 of a bow.

The counting number just before C5F sixteen is

Answers

the counting number just before C5F16 is 3,072.

URGENT !! EXTRA POINTS .
What is the amplitude pof the graph?
A. 0
B. -4
C. 3
D. -3

URGENT !! EXTRA POINTS .What is the amplitude pof the graph? A. 0 B. -4 C. 3 D. -3

Answers

The amplitude of the function in the graph is 3, so the correct option is C.

What is the amplitude of the sinusoidal graph?

For any sinusoidal graph, the amplitude is the vertical distance between the midline the highest/lowest value.

Or, just take the distance between the highest and the lowest value and then divide it by 2.

We can see that this distance is:

D = 6 units.

Then the amplitude is half of that, then we will get:

A = D/2 = 6/2 = 3 units.

Then the correct option is C.

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50 Points! Multiple choice algebra question. Photo attached. Thank you!

50 Points! Multiple choice algebra question. Photo attached. Thank you!

Answers

The value of x, applying the trigonometric ratios, is given by the following option:

B) 8.0.

What are the trigonometric ratios?

The three trigonometric ratios are the sine, the cosine and the tangent, and they are obtained according to the rules presented as follows:

Sine of angle = opposite side/hypotenuse.Cosine of angle = adjacent side/hypotenuse.Tangent of angle = opposite side/adjacent side = sine/cosine.

For this problem, we have that side x is opposite to the angle of 28º, while the hypotenuse has a length of 17.

Hence the length x is obtained as follows:

sin(28º) = x/17

x = 17 x sine of 28 degrees

x = 8.

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Each of the following correctly match an English phrase with a mathematical expression except

the sum of a number and seven, 7 + x

a number subtracted from seven, 7 - x

a number divided by 7,1
X

a number times seven, 7 x

Answers

Answer:

a number divided by 7=x÷7

exercise 28 a sample of 20 joint specimens of a particular type gave a sample mean proportional limit stress of 8.52 mpa and a sample standard deviation of 0.78 mpa.

Answers

A 95% % lower confidence bound for the true average proportional limit stress of all such joints is 8.01.

In the given question, a sample of 20 joint specimens of a particular type gave a sample mean proportional limit stress of 8.52 mpa and a sample standard deviation of 0.78 mpa.

We have to calculate and interpret a 95% lower confidence bound for the true average proportional limit stress of all such joints.

Sample size: n = 13

Sample mean: x’ = 8.52 mps

Sample standard deviation: s = 0.78 mps

95% lower confidence bound for the true average proportional limit stress of all such joints

Level of Significance (α) = 1-95% = 5% = 0.05

α/2 = 0.025

So the value of t(α/2) = 1.8

The confidence interval = x’± t(α/2)*s/√n

Now putting the value:

The confidence interval = 8.41± (1.8)*(0.78)/√12

The confidence interval = 8.41± (1.8)*(0.226)

The confidence interval = 8.41± 0.4068

The confidence interval = (8.41- 0.4068, 8.41+ 0.4068)

The confidence interval = (8.01, 8.82)

A 95% % lower confidence bound for the true average proportional limit stress of all such joints is 8.01.

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The right question is:

A sample of 12 joint specimens of a particular type gave a sample mean proportional limit stress of 8.41 mpa and a sample standard deviation of 0.78 mpa.

Calculate and interpret a 95% lower confidence bound for the true average proportional limit stress of all such joints. (Round your answer to two decimal places.)

In Calc, a mathematical equation is called a
A. Calculation
B. Symbol
C. Formula
D. Cell name

Answers

C. Formula

Explanation:

In Calc, a mathematical equation is called a Formula.

It would be formula

23=1/3b-2+4/3bwhat is the value of b?

Answers

\(23\text{ = }\frac{1}{3b}-2+\text{ }\frac{4}{3b}\)

Next, we multiply throughout by the L.C.M of the denominators ( 3b)

\(23\text{ ( 3b ) = ( 3b ) }\frac{1}{3b\text{ }}\text{ - 2 ( 3b ) + }\frac{4\text{ ( 3b )}}{3b}\)\(\begin{gathered} 69b\text{ = 1 - 6b + 4 } \\ 69b\text{ + 6b = 5} \\ 75b\text{ = 5} \\ b\text{ = }\frac{5}{75}\text{ = }\frac{1}{15} \end{gathered}\)

Thus the value of b is

\(\frac{1}{15}\)

What is the volume of this sphere, rounded to the nearest WHOLE
NUMBER?

What is the volume of this sphere, rounded to the nearest WHOLENUMBER?

Answers

Answer:

B

Step-by-step explanation:

V = (4/3) pi r^3

V = 1.333 * 3.14 * 11^3

11^3 = 1331

V = 1.333 * 3.14 * 1331

V = 5572

The average height of the students in a class is 155 cm

Answers

The standard deviation, subtract each height from the mean height, square the differences, add up all the squares, divide by the number of heights, and take the square root of the result.

The given question states that the average height of the students in a class is 155 cm.

The average height of a group of people refers to the mean height of all the people in that group, calculated by dividing the sum of all their heights by the number of people in the group.

Average height is a measure of central tendency that provides useful information when making comparisons between different groups or analyzing trends over time.

In the context of a classroom, it may be useful to know the average height of the students in order to make decisions about things like desk and chair heights, or to identify potential outliers that may need additional attention.

It is important to note that the average height is just one measure of the distribution of heights within the group.

Other measures, such as the range, standard deviation, or quartiles, may also be useful for gaining a more complete understanding of the distribution.

In order to determine the range, subtract the minimum height from the maximum height.

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A car producer stocks three types of tires: A, B, and C. Let P(A) = 0.40, P(B) = 0.15 and P(C) = 0.45. The percentage of defective tires is 2%, 1% and 5%, respectively.
Someone picks a tire off the shelf at random and it is Brand A.
If you want to know the probability that it is a defective tire (event D), which formula would you use? If you want to know the probability that it is a defective tire (event D), which formula would you use?
a) P(AD)= PD AP(A) PD)
b) P(D|A) = P(A|DP(D) P(A)
c) P(AD)= PD APD) P(A)
d) P(DA)= P(ADP(A) PD)

Answers

Answer:

The correct option is b) \(P(D|A)=P(A|D)P(D)\).

Step-by-step explanation:

The probability of selecting the different types of tires are:

P (A) = 0.40

P (B) = 0.15

P (C) = 0.45

The defective rate for the different types of tires are:

P (D|A) = 0.02

P (D|B) = 0.01

P (D|C) = 0.05

The formula to compute the probability that the tire is defective given that it is Brand A tire as follows:

\(P(D|A)=P(A|D)P(D)\)

QUESTION 5..... [1.5 marks]
The following data set represents the score distribution for the Final Exam in MATH 146:
55, 56, 57, 58, 59, 60, 60, 61, 63, 65, 69, 71, 78, 78, 79, 79, 82, 82, 83, 83
Find the 85th percentile.
Solution. Please write your detailed solution here:

QUESTION 5..... [1.5 marks]The following data set represents the score distribution for the Final Exam

Answers

answer

82

steps

put data in numerical order

55, 56, 57, 58, 59, 60, 60, 61, 63, 65, 69, 71, 78, 78, 79, 79, 82, 82, 83, 83

there are 20 numbers = 20

85 is the percentile = p

percentile rank formula

PR = (p/100) * (n + 1)

PR = (85/100) * (20 + 1) = 17.85

round up 17.85 to 18

it's the 18th number which is

82

chatgpt

Help MEEE I HAVE UNTIL TOMORROW

Help MEEE I HAVE UNTIL TOMORROW

Answers

The actual width and length of the bedroom are respectively; 9 ft and 12 ft

How to interpret Scale Drawing?

The parameters are given as;

Width of house = 30 feet = 360 inches

Length of house = 45 feet = 540 inches

Scale drawing width of house = 4 inches

Scale drawing length of house = 6 inches

Thus;

Scale factor width = 360/4 = 90

Scale factor length = 540/6 = 90

Scale drawing width of bedroom = 1.2 inches

Scale drawing length of bedroom = 1.6 inches

Thus;

Actual width of bedroom = 1.2 inches * 90 = 108 inches or 9 ft

Actual length of bedroom = 1.6 inches * 90 = 144 inches or  12 ft

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can you help me with this problem :) ⬇️​

can you help me with this problem :)

Answers

Step-by-step explanation:

x -y = -3 can be solved easily then 4x+3y= -5

Standard deviation is a useful concept in performance management. Let us say that a director in a local fire department wants to know any variation between the performance of this year and that of the last year. He draws a sample of 10 response times of this year ( in minutes):

3.0, 12.0, 7.0, 4.0, 4.0, 6.0, 3.0, 9.0, 11.0, and 15.0, comparing them with a sample of 10 response times last year ( in minutes): 8.0, 7.0, 8.0, 6.0, 6.0, 9.0, 7.0, 9.0, 8.0, and 6.0.

Required:
a. Does he see a performance variation by the mean?
b. Does he see a performance variation by the standard deviation? If he does, is it performance improvement or deterioration from the last year? Why?

Answers

Answer:

Step-by-step explanation:

Given the data :

Response time this year :

3.0, 12.0, 7.0, 4.0, 4.0, 6.0, 3.0, 9.0, 11.0, 15.0

Response time last year :

8.0, 7.0, 8.0, 6.0, 6.0, 9.0, 7.0, 9.0, 8.0, 6.0

Let's calculate the mean and standard deviation of each data sample :

Mean(m) = Σ(X) / n

n = sample size = 4

This year:

ΣX = 74 ; n = 10

Mean = 74 /10 = 7. 4

Standard deviation(s) = √(Σ(x - m)²/n - 1)

s = 4.195

Using a calculator to save computation time :Standard deviation = 4.195

LAST YEAR :

ΣX = 74 ; n = 10

Mean = 74 /10 = 7. 4

Standard deviation(s) = √(Σ(x - m)²/n - 1)

Using a calculator to save computation time :Standard deviation = 1.17

a. Does he see a performance variation by the mean?

From the mean value obtained for the two years, both are the same, hence, the value does not signify a variation in performance.

b. Does he see a performance variation by the standard deviation? If he does, is it performance improvement or deterioration from the last year? Why?

Yes, the value of standard deviation are different with the current year having a value of 4.195 and the previous year, a value of 1.17

The variation shows there is a deterioration on this year's performance from last year due to the larger value of standard deviation obtained ; 4.195 > 1.17

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