Fiona bought a house three years ago at the price of $150,000. Today the house is worth $160,000. Fiona still owes $110,000 on the home's mortgage loan. What is Fiona's current equity in her home?

Answers

Answer 1

Answer:

$50,000

Step-by-step explanation:

Here, we are interested in calculating Fiona’s current equity in her home.

The term equity in this case simply refer to how much is own in the present value of the house by the owner who took the mortgage.

To calculate this, we start by subtracting how much is left of the mortgage from the present house value.

How much left of the mortgage is $110,000 while the current house value is $160,000

Thus the current equity is 160,000 - 110,000 = $50,000


Related Questions

in 2001, the population of a district was 26,100. with a continuous annual growth rate of approximately 4%, what will the population be in 2026 according to the exponential growth function?

Answers

The population in 2026 according to the exponential growth function will be approximately 54,515.

According to the exponential growth function, what will be the population in 2026 if in 2001 the population of a district was 26,100 and with a continuous annual growth rate of approximately 4%?

Given,

The population in 2001 = 26,100

Annual growth rate = 4%

Population growth function can be written as,

\(P(t) = P0e^rt\)

Where,P(t) = Population after t years

P0 = Population at time t = 0

r = Annual growth rate (in decimal form)

t = Time (in years)

According to the given question,In the year 2026, the number of years from 2001 is,2026 – 2001 = 25 years

Therefore,t = 25 years

r = 4% = 0.04

Using these values in the population growth function,

\(P(t) = P0e^rt\)

Population in 2026 = P(25)

\(P(25) = 26,100e^(0.04 x 25)\)

P(25) = 26,100e

P(25) ≈ 54,515

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4 km
3 km
What is the length of the hypotenuse? If necessary, round to the nearest tenth.
С:
kilometers

Answers

Answer:

5km

Step-by-step explanation:

The formula for hypotenuse is

a squared + b squared = c squared,

4 squared is 16, and 3 squared is 9.

16+9 = c squared

25 = c squared

However, you don't want it to be squared, so you have to find the square root of 25, which is 5.

a) .25
b) .30
c) .45
d) .50

a) .25 b) .30 c) .45 d) .50

Answers

Answer:

0.45

Step-by-step explanation:

Since the percent to pull a ball with a 2 is 30% and the percent to pull a ball with a 4 is 15%, that means that the chance of pulling a ball with an even number is 0.45, or 45%. (0.30+0.15=0.45)

Find the gradient of the line segment between the points (-2,3) and (2,4). Give your answer in its simplest form.

Answers

Answer:

slope = \(\frac{1}{4}\)

Step-by-step explanation:

Calculate the slope m using the slope formula

m = \(\frac{y_{2}-y_{1} }{x_{2}-x_{1} }\)

with (x₁, y₁ ) = (- 2, 3) and (x₂, y₂ ) = (2, 4)

m = \(\frac{4-3}{2+2}\) = \(\frac{1}{4}\)

Based on Ch.10 The variables of "The more you save (x), the less you spend (y)" describes: positive linear correlation. nonlinear correlation negative linear correlation_ no correlation_

Answers

Negative linear correlation between variables.

How to interpret negative correlation?

The statement "The more you save (x), the less you spend (y)" suggests a negative linear correlation between the variables x and y. In a negative linear correlation, as one variable increases, the other variable decreases at a constant rate.

In this case, as the amount saved (x) increases, the amount spent (y) decreases. This implies that if someone saves more money, they tend to spend less money. It is important to note that correlation does not necessarily imply causation.

In other words, just because there is a negative linear correlation between the amount saved and the amount spent, it does not mean that saving more money causes people to spend less. There may be other factors that influence both variables. Nonetheless, understanding the nature of the correlation between variables can be useful in making predictions and analyzing data.

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is 4kt better or otf better free yb

Answers

Answer:

otf

Step-by-step explanation:

Answer:

I feel as if 4KT is better since the calculations of the vortexual system doesn't add up. If we were to take 4KT slime slatt with OTF king von x lil durk wannabes it would make an oavertion.

Step-by-step explanation:

ANSWER PLEASE 40 POINTS!

ANSWER PLEASE 40 POINTS!

Answers

Answer: |10 - (-8)|  

The absolute value is 18

Step-by-step explanation:

The distance between two numbers is a subtraction equation.

10 - (-8)  Subtracting a negative is like adding a positive

10 + 8 = 18

If you look at it as the first negative sign means -1 multiplied by the next negative number, "Remember that a negative times a negative is a positive!"

Answer:

|-10 - (-8)|

Step-by-step explanation:

Distance from 10 to 0: 10Distance from 0 to -8: 8Put them together (with absolute value): |-10 - (-8)|

I hope this helps!

Wade just retired, and has $600,000 to invest. A very safe Certificate of Deposit (CD) account pays 2%, while ariskier bond fund pays 8.5% in interest. Wade figures he needs $27,000 a year in interest to live on. How muchshould he invest in each account to make enough interest while minimizing his risk?$at 2%at 8.5%Round answers to the nearest dollar.

Answers

We can write 2 equations from the information given.

Let the amount invested in CD be "x" and the amount invested in bond be "y".

The total amount invested is $600,000. Thus, we can write,

\(x+y=600,000\)

The CD pays 2% (0.02) and the bond pays 8.5% (0.085). Total interest needed is $27,000. Thus, we can craft another equation,

\(0.02x+0.085y=27,000\)

Solving the first equation for "x", we can substitute it into the second equation and solve for "y" first. The steps are shown below:

\(\begin{gathered} x+y=600,000 \\ or,x=600,000-y \\ -------------- \\ 0.02x+0.085y=27,000 \\ 0.02(600,000-y)+0.085y=27,000 \\ 12000-0.02y+0.085y=27,000 \\ 0.065y=27,000-12,000 \\ 0.065y=15,000 \\ y=230,769.23 \end{gathered}\)

Now, we can find "x",

\(\begin{gathered} x+y=600,000 \\ x+230,769.23=600,000 \\ x=600,000-230,769.23 \\ x=369,230.77 \end{gathered}\)

Rounded to the nearest dollar, we write our answer >>>

$369,231 at 2%$230,769 at 8.5%

Problem 1: Automobile Manufacturing (17 pts) An automobile company makes 4 types of vehicles namely: regular cars (C), electric cars (E), motorbikes (M) and trucks (T). The manufacturing process involves two main steps: parts assembly and finishing touches. For the parts assembly, 2 days are required per regular car, 4 days per electric car, 1 day per motorbike and 3 days per truck. For finishing touches 2 days are required per regular/electric car, 1 per motorbike and 3 days per truck. The parts assembly and finishing touches steps should not exceed 60% and 40% of the available production time, respectively. The profit for manufacturing a regular car, an electric car, a motorbike and a truck are 10,000$, 12,000$,5000$ and 15,000\$, respectively. To limit the production of motorbikes and to promote the production of electric cars, the company makes no more than 1 motorbike in every 20 working days and makes at least 1 electric car in every 20 working days. This comnany would like to know how many vehicles of each type should produce in order to maxin profit in 40 days. Part A) Write the mathematical formulation for this problem (7 pts)

Answers

Maximize Z=10000C+12000E+5000M+15000T

Subject to 2C+4E+M+3T ≤ 0.6× 40× 24

2C+2E+M+3T ≤ 0.4× 40× 24

M ≤ 40/20

E ≥ 20/40 C, E, M, T ≥ 0

Let the number of regular cars, electric cars, motorbikes and trucks produced in 40 days be C, E, M and T respectively.

The objective is to maximize the profit. Therefore, the objective function is given by:

Maximize Z=10000C+12000E+5000M+15000T

Subject to,The manufacturing time constraint, which is given as 2C+4E+M+3T ≤ 0.6× 40× 24

This constraint ensures that the total time taken for parts assembly does not exceed 60% of the total time available for production.The finishing time constraint, which is given as 2C+2E+M+3T ≤ 0.4× 40× 24

This constraint ensures that the total time taken for finishing touches does not exceed 40% of the total time available for production.

The limit on the production of motorbikes, which is given as M ≤ 40/20

This constraint ensures that the number of motorbikes produced does not exceed one in every 20 days.The minimum production of electric cars, which is given as E ≥ 20/40

This constraint ensures that at least one electric car is produced in every 20 days.The non-negativity constraint, which is given as C, E, M, T ≥ 0

These constraints ensure that the number of vehicles produced cannot be negative.

The mathematical formulation for the problem is given by:

Maximize Z=10000C+12000E+5000M+15000T

Subject to 2C+4E+M+3T ≤ 0.6× 40× 24

2C+2E+M+3T ≤ 0.4× 40× 24

M ≤ 40/20

E ≥ 20/40 C, E, M, T ≥ 0

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how many square feet of roofing is needed for the roof of a building that is 32 ft wide and 62 ft long?

Answers

The and roofing required for the roof is 1984 and it is very simple to
Calculate as it is a rectangular shape

Given the of roof is 62ft
And the wirth of building is 32 ft
As we know thatt
The of Reactangle is given = * width
Here the roof is in rectangular shape so when we find out the area of 62 ft and 32 ft width
That roof we get the required the roofing
So the area is equal =32*62
= 1984

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5 miles to 8km convert 32.5 miles to km

Answers

Answer:

52

Step-by-step explanation:

Sixty tickets at $80 each cost

Answers

Answer:

$4800 is the total cost

Step-by-step explanation:

so each ticket costs $80 and there is 60 tickets

$80*60 = $4800

Have a nice day! :-)

A man sets out to travel from A to C via B. From A he travels a distance of 8km on a bearing N30degreesE to B. From B he travels further 6km due east. Calculate how far is north of A, east of A​

Answers

The displacement of the man from Noth east of A from C is 12.2 km.

What is the displacement of the man?

The displacement of the man is the distance between his initial position at A and final position at C.

The angle formed at position B is calculated as follows;

θ = 30⁰  + 90⁰

θ = 120⁰

The displacement of the man is calculated by applying cosine rule as follows;

d² = 8² + 6² - 2(8 x 6) cos (120)

d² = 148

d = √148

d = 12.2 km

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Arnolds Air conditioner service gave a bid of %2000 to replace an air conditioner Frazier gave a bid that was 20% more how much did Fravers want to replace the air conditioner

Answers

10% = 100
20% = 200
Frazier payed $200 more to fix the air conditioner

Answer:

ur really weird we are not dating you weirdo

Step-by-step explanation:

**PIC INCLUDED**
What is the total payment
required to pay off a promissory
note issued for $500.00 at 10%
ordinary interest and a 180-day
term?

**PIC INCLUDED**What is the total paymentrequired to pay off a promissorynote issued for $500.00 at 10%ordinary

Answers

Answer:

the total payment need to pay is $525

Step-by-step explanation:

Given that

The amount at promissory note issued is $500

The rate of interest is 10%

And, the time period is 180 days

So, the total payment included is

= $500 + ($500 × 10% × 180 days ÷ 360 days)

= $500 + $25

= $525

hence, the total payment need to pay is $525

Find the x-intercept and y-intercept of the line.
2x+y=8
y-intercept:
x-intercept:

Answers

Answer:

The x intercept is 4 (by substituting y as zero we get x intercept)

And the y intercept is 8 (by substituting x as zero we get y intercept)

Take (4, 0) and take (8, 0) to graph the line

You're welcome!

Answer:

x = 4 y = 8 graph (4,0) and (8,0)

Peter says the least common multiple of 4 and 6 is 24, Do you agree or disagree? Explain.​

Answers

Answer:

I Disagree with Peter, the explanation is down below.

Step-by-step explanation:

I disagree because to find the least common multiple or the LCM, you need to first list the first several multiples of each number. So, because the numbers are 4 and 6, I would write:

4 - 4, 8, 12, 16, 20, 24, 28, 32

6 - 6, 12, 18, 24 30, 36, 42, 48

The next step would be to find the same multiples in the list. If there are no same multiples, then I would keep on adding multiples.

If we look at the list, the first numbers that we see that are the same are 12 and 12.

12 would be the LCM, not 24.

If the two numbers were 24 and 12, then the LCM would have been 24, but in this case, the LCM is 12. So that is why I disagree.

Hope this helped! :D

Have a wonderful day!~~

True or false? The sum of the exterior angles depends on how many sides there are in the polygon?

Answers

Answer: true i believe

Step-by-step explanation:

Angie baked 100 cookies and
20 brownies. She wants to
split them into equal groups
for the bake sale. Each group
must have the same number
of cookies and brownies, with
none left over. What is the
greatest number of groups
she can make?

Answers

she can make 5 groups of 20 to make 100

Stretching & Shrinking Unit Study Guide
Which of the following rectangles are mathematically similar? Explain how you know!
A
12 in.
B
10 in
20 in
6 in.
C.15 in
D
6 in
20 in.
9 in.
В І
U

Answers

Answer:

Ill Look

Step-by-step explanation:

order numbers from greatest to least
275.5%, 2 4/9, 2.75, 17/6

Answers

1. 17/6
2. 275.5%
3. 2.75
4. 2 4/9

What is an equation of the line that passes through the points (-4, -2) and (8, 1)? Put your answer in fully reduced form.

Answers

Answer:

y=1/4x-1

Step-by-step explanation:

m=(y2-y1)/(x2-x1)

m=(1-(-2))/(8-(-4))

m=(1+2)/(8+4)

m=3/12

m=1/4

y-y1=m(x-x1)

y-(-2)=1/4(x-(-4))

y+2=1/4(x+4)

y=1/4x+4/4-2

y=1/4x+1-2

y=1/4x-1

a parejas, resuelvan los siguientes problemas. En dos localidades hay habitantes que hablan una len- distinta al español: en El Cerrito son 3 de cada 4, mientras que en El Paseo son 5 de cada 7. gua a) ¿En cuál de las dos localidades hay un número ma- yor de hablantes de una lengua distinta al español? b) ¿De cuánto es la diferencia entre las dos localidades?​

Answers

The difference between the two localities is 1 speaker.

Let's solve the problems step by step:

a) To determine which of the two locations has a higher number of speakers of a language other than Spanish, we need to compare the ratios of speakers in El Cerrito and El Paseo.

In El Cerrito, 3 out of every 4 people speak a different language than Spanish. This can be written as a ratio: 3:4.

In El Paseo, 5 out of every 7 people speak a different language than Spanish. This can be written as a ratio: 5:7.

To compare the two ratios, we can find a common denominator. In this case, the least common multiple of 4 and 7 is 28.

In El Cerrito, the ratio becomes 21:28 (multiplying both sides by 7).

In El Paseo, the ratio becomes 20:28 (multiplying both sides by 4).

From the ratios, we can see that in El Cerrito, there are 21 out of 28 people who speak a different language than Spanish, while in El Paseo, there are 20 out of 28 people who speak a different language than Spanish.

Since 21 is greater than 20, El Cerrito has a higher number of speakers of a language other than Spanish.

b) The difference between the two localities can be calculated by subtracting the number of speakers in El Paseo from the number of speakers in El Cerrito.

In El Cerrito, there are 21 speakers of a different language than Spanish.

In El Paseo, there are 20 speakers of a different language than Spanish.

The difference is obtained by subtracting 20 from 21, resulting in a difference of 1 speaker.

Therefore, the difference between the two localities is 1 speaker.

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the ratio of bots to girls in a school is nine : ten. what does this ratio mean. if there are 300 girls at the school, how many total students are at the school.

Answers

The number of the total students that are at the school is 570 if the ratio of boys to girls in a school is nine: ten and there are 300 girls at the school.

What is the ratio formula?

The ratio formula is given as a:b = a/b for any two quantities, let's say a and b.

Given that a and b are separate amounts for two quantities, the combined total quantity is denoted as (a + b).

How are these ratio difficulties solved?

Three steps are necessary to determine the ratio of three numbers:

Step 1: Add the ratio's numbers together to determine the total number of pieces.

Step 2: By dividing the given sum by the total number of parts, determine the value of each component in the ratio.

Step 3: Divide the original ratio by the sum of each component's values.

The ratio is given as 9:10 as boys to girls.

Number of girls = 300

Thus, girls will be 10x and boys will be 9x

then 10x = 300

⇒x = 30

Then we can calculate the number of boys as

9x = 9*30

=270

Thus, the total number of students in the school

= exact number of girls + exact number of boys

= 300 + 270

= 570

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Let {X n

:n=0,1,2,…} be a two state Markov chain with state space S={0,1} and one-step transition probabilities P(0,0)=1−p,P(1,1)=1−q. Assume that 0


=(T 0

<4) (b) Find the probability P 0

=(T 1

≥3)

Answers

The probability that the Markov chain starting in state 0 will not reach state 1 before time 3 is given by P0(T1≥3)=p^3.

The probability P0(T1≥3), we need to calculate the probability that the Markov chain starting in state 0 does not transition to state 1 within the first three time steps. Since the only possible transition from state 0 is to stay in state 0, the probability of staying in state 0 for one time step is 1 - p. Therefore, the probability of staying in state 0 for three consecutive time steps is (1 - p)^3. This is because the Markov chain is memoryless, meaning that each time step is independent of previous time steps. Thus, the probability that the Markov chain starting in state 0 will not reach state 1 before time 3 is given by P0(T1≥3) = (1 - p)^3.

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Solve 7y^2+ 21 = 77, where Y is a real number. Round your answer to the nearest hundredth.​

Answers

When you do the algebra you get square root of 8. Put that into calculator and get 2.828

pls help I will give brainleist (2)

pls help I will give brainleist (2)

Answers

Answer:

D. 0.19

Step-by-step explanation:

Look at the intersection of the row "Tenth grade" and the column "Internet"

The number in the relevant cell is 34.

Divide 34 by the total number which is 175:

34/175 = 0.19 (rounded)

Correct choice is D

Answer:

D. 0.19

Step-by-step explanation:

Have a great day

An airport kept track of the number of flights that left on time for two different airlines data are shown in the relative
frequency table what does the 0.4 in the yellow so mean

A. 40% of all the flights were on airline A and on time
and on time
B. 40% of all the flights were on airline A
C. 40% of all flights were on time
D. 40% of A’s flights were on

An airport kept track of the number of flights that left on time for two different airlines data are

Answers

The answer should be B

The 0.4 in the yellow cell represents the relative frequency of flights that were on time for Airline A.

Option A is the correct answer.

What is a relative frequency?

A Relative frequency is a statistical measure that represents the proportion or percentage of a certain category or value in relation to a given set of data.

It is calculated by dividing the frequency of a particular category by the total number of observations in the data set.

We have,

Looking at the table, we can see that the column for Airline A has a total relative frequency of 0.6, which means that 60% of all flights were operated by Airline A.

However, the question asks specifically about the percentage of flights that were on time for Airline A, which is given as 0.4 or 40% in the table.

Thus,

The 0.4 in the yellow cell represents the relative frequency of flights that were on time for Airline A.

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If you are on an island and there are already 375 inhabitants, and
for every footprint there is one eyeball, for every 32 pineapples there
are 40 ducks, for every 2 hands there is one inhabitant, for every
palm tree there are 12 pineapples, for every hand there is one
eyeball, for every lizard there are 4 footprints, for every 30 palm
trees there is one wave, for every 2 turtles there is 1 anchor, for
every palm tree there are 8 cacti, for every 120 anchors there is one
wave, for every 0.5 lizards there are 20 ducks, for every 20 turtles
there are 30 pineapples, for every 5 waves there are 3 canoes. How
many cacti are there on the island? Show your work!

Answers

Answer:

3000

Step-by-step explanation:

8 x 375 = 3000

NEED HELP PLEASE AS FAST AS YOU CAN

NEED HELP PLEASE AS FAST AS YOU CAN

Answers

Answer:

3.87

Step-by-step explanation:

b =

\( \sqrt{8 ^{2} -7 ^{2}} \)

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