Mathematics, 02.10.2019 07:30, niicoleassssssf

Beverly frost bought a home for $190,000 with a down payment of $19,000 at 7% for 25 years. since then the rate has risen to 9%. how much more would her monthly payment be if she bought the house at 9%?

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We start by figuring out the present value of the remaining balance for the home, which is 190000 - 19000 = 171000. We must also figure out the monthly interest rate, since the rate given does not say it is a nominal rate, nor does it say it is compounded monthly, so we assume that is is NOT a nominal rate. Let's call them i7 and i9. So i7 = (1.07^(1/12) - 1) = .00565415 and i9 = (1.09^(1/12) - 1) = .00720732.
Now we just have to figure out the monthly payment under both interest rates. At 7%, we have 171000 = x * a angle 300
which becomes 171000 = x * (1 - 1.00565415^-300)/.00565415
So, the monthly payment, x7 is 1185.24.
At 9%, we have 171000 = x * a angle 300 (at the i9 rate)
which becomes 171000 = x * (1 - 1.00720732^-300)/.00720732
So, the monthly payment, x9 is 1394.13.
The difference between monthly payments would be 1394.13 - 1185.24 = 208.89, which is the final answer.

answered: Guest

(2 x^3 + 7 x^2 + 5 x + 2)/(x (x + 2))

step-by-step explanation:

simplify the following:

x/x^2 + 3 x + 2 - (x (x + 1))/(x + 2)

combine powers. x/x^2 = x^(1 - 2):

x^(1 - 2) + 3 x + 2 - (x (x + 1))/(x + 2)

1 - 2 = -1:

x^(-1) + 3 x + 2 - (x (x + 1))/(x + 2)

put each term in 1/x + 3 x + 2 - (x (x + 1))/(x + 2) over the common denominator x (x + 2): 1/x + 3 x + 2 - (x (x + 1))/(x + 2) = (x + 2)/(x (x + 2)) + (3 x^2 (x + 2))/(x (x + 2)) + (2 x (x + 2))/(x (x + 2)) - (x^2 (x + 1))/(x (x + 2)):

(x + 2)/(x (x + 2)) + (3 x^2 (x + 2))/(x (x + 2)) + (2 x (x + 2))/(x (x + 2)) - (x^2 (x + 1))/(x (x + 2))

(x + 2)/(x (x + 2)) + (3 x^2 (x + 2))/(x (x + 2)) + (2 x (x + 2))/(x (x + 2)) - (x^2 (x + 1))/(x (x + 2)) = ((x + 2) + 3 x^2 (x + 2) + 2 x (x + 2) - x^2 (x + 1))/(x (x + 2)):

(2 + x + 3 x^2 (x + 2) + 2 x (x + 2) - x^2 (x + 1))/(x (x + 2))

3 x^2 (x + 2) = 3 x^3 + 6 x^2:

(2 + x + 3 x^3 + 6 x^2 + 2 x (x + 2) - x^2 (x + 1))/(x (x + 2))

2 x (x + 2) = 2 x^2 + 4 x:

(2 + x + 6 x^2 + 3 x^3 + 2 x^2 + 4 x - x^2 (x + 1))/(x (x + 2))

-x^2 (x + 1) = -x^2 - x^3:

(-x^2 - x^3 + 3 x^3 + 6 x^2 + 2 x^2 + 4 x + x + 2)/(x (x + 2))

grouping like terms, 3 x^3 - x^3 + 6 x^2 + 2 x^2 - x^2 + 4 x + x + 2 = (3 x^3 - x^3) + (6 x^2 + 2 x^2 - x^2) + (x + 4 x) + 2:

((3 x^3 - x^3) + (6 x^2 + 2 x^2 - x^2) + (x + 4 x) + 2)/(x (x + 2))

3 x^3 - x^3 = 2 x^3:

(2 x^3 + (6 x^2 + 2 x^2 - x^2) + (x + 4 x) + 2)/(x (x + 2))

6 x^2 + 2 x^2 - x^2 = 7 x^2:

(2 x^3 + 7 x^2 + (x + 4 x) + 2)/(x (x + 2))

x + 4 x = 5 x:

answer: (2 x^3 + 7 x^2 + 5 x + 2)/(x (x + 2))

answered: Guest

step-by-step explanation:

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Beverly frost bought a home for $190,000 with a down payment of $19,000 at 7% for 25 years. since th...