Questions
The price of a home is ​$240 000. The bank requires a​ 15% down payment. The...

The price of a home is ​$240 000. The bank requires a​ 15% down payment. The buyer is offered two mortgage​ options: 15-year fixed at 8.5​% or​ 30-year fixed at 8.5​%. Calculate the amount of interest paid for each option. How much does the buyer save in interest with the​ 15-year option? Use the following formula to determine the regular payment amount. Find the monthly payment for the​ 15-year option. ​$ nothing ​(Round to the nearest dollar as​ needed.) Find the monthly payment for the​ 30-year option. ​$ nothing ​(Round to the nearest dollar as​ needed.) Calculate the total cost of interest for both mortgage options. How much does the buyer save in interest with the​ 15-year option? ​$ nothing ​(Use the answers from parts 1 and 2 to find this​ answer.)

In: Finance

This is a physical chemistry question. Write down for yourself the secular determinant for the hypothetical...

This is a physical chemistry question.

Write down for yourself the secular determinant for the hypothetical molecule linear H3 making the Huckel approximation, using the 1s atomic orbitals from each atom as the basis set. Given that α=-2.00 eV and β= -2 eV, what is the total electronic energy in eV?

In: Chemistry

describe Impact of Eradicating Smallpox For the case study analysis is to be broken down into...

describe Impact of Eradicating Smallpox
For the case study analysis is to be broken down into the following steps.

How is the Public Health Department integrated with the CDC and the FDA?
Identify the most important facts surrounding the case.
Identify the key issue or issues.
What the results and findings of the investigation.
Specify alternative courses of action

In: Biology

The price of a new car is $32,000. Assume that an individual makes a down payment...

The price of a new car is $32,000. Assume that an individual makes a down payment of 25% toward the purchase of the car and secures financing for the balance at the rate of 7%/year compounded monthly. (Round your answers to the nearest cent.) (a) What monthly payment will she be required to make if the car is financed over a period of 48 months?

Over a period of 72 months?

48 months $

72 months $

(b) What will the interest charges be if she elects the 48-month plan? The 72-month plan?

48-month plan $

72-month plan $

In: Finance

Suppose ?(?, ?) = ?3? a) (3 pts) Write down the formula and calculate the marginal...

Suppose ?(?, ?) = ?3?

a) (3 pts) Write down the formula and calculate the marginal rate of substitution (MRS) of X for Y.

b) (1 pts) Denote the price for good X is ? , the price for good Y is ? , and income is I.?? Write down the budget constraint.

c) (5 pts) Derive the individual demand for good X and good Y as a function of prices and income. (hint: solve the utility maximization problem)

d) (2 pts) Explain the following statement: Individual demand function is homogeneous of degree 0 with respect to prices and income.

e) (2 pts) Verify the homogeneity property with your demand functions derived in part d).

f) (4 pts) Now suppose ? = 3, ? = 4, ? = 100. Find the optimal consumption bundle. ??

g) (2 pts) Show whether or not the consumer can afford the bundle (15, 20).

h) (2 pts) What is the maximum utility level?

In: Economics

2. Ted and Jane are buying a house for $280,000. They will make a 25% down...

2. Ted and Jane are buying a house for $280,000. They will make a 25% down payment. They will be able to obtain a loan at 8.5% per annum interest. What will be their annual payment if their loan is for 15 years? 25 years? What will be the monthly payment if their loan is for 15 years? 30 years?

The correct answers are below, I just need to know how to solve using a financial calculator

2. 25,288.3, 20,519.45, 2,067.95, 1,614.72

In: Finance

E. coli are able to break down lactose when present, and this is regulated by the...

E. coli are able to break down lactose when present, and this is regulated by the lac Operon. Describe the mechanisms for the positive and negative control of this operon, and briefly discuss the advantages of both forms of control for this operon.

In: Biology

The latitude of any location on Earth is the angle formed by the two rays down...

The latitude of any location on Earth is the angle formed by the two rays down from the center of Earth to the location and to the equator. The ray through the location is the initial ray. Use 3960 miles as the radius of the Earth. Suppose City A is due north of City B. Find the distance between City A (north lattitude 41 degrees 17' N) and City B (latitude 32 degrees 47')



the distance between City A and City B is approximately__ miles

In: Advanced Math

Using Behavorial VHDL, design a 4-bit up/down counter.

Using Behavorial VHDL, design a 4-bit up/down counter.

In: Electrical Engineering

A car is traveling down the expressway at 31.7 ? with no acceleration. How far has...

A car is traveling down the expressway at 31.7 ? with no acceleration. How far has the car? traveled in 3.9 hours? If the speed limit in such expressway is 70mph, should the driver receive a speed ticket?

A car is traveling down the same expressway as in the previous problem, it is traveling at 22.3 7 ?. If it constantly accelerates at a rate of 4.3 ?, in how many minutes is it going to pass the speed limit.

In: Physics