Can someone help and explain this math homework (pre-calc) for me, please?
I really do appreciate all of the answers. The model: t = 16.625ln[x/(x-750)], x>750 approximates the length of a home mortgage of $150,000 at 6% in terms of the monthly payment. In this model, t is the length of mortgage in years and x is the monthly payment in dollars. a, Use the model to approximate the length of a $150,000 mortgage at 6% when the monthly payment is $1,659.24. b, Approximate the total amount paid over the term of the mortgage with a monthly payment of $1,659.24. c, What amount of the total is interest costs for the monthly payment of $1,659.24.
Can someone help me with this math problem?
Oh this is very easy. Do you know what slope-intercept form is ? y=mx+b? Please don't take it offensively I just don't know your level. That is the equation for a straight line on a graph. m is the slope, or (rise/run) or how much it's going up by, and b is the y intercept, or where the line hits the vertical axis, like on what number. (this should help you understand this concept, and know i did not draw this :P: http://media.showme.com/files/32159/pict... a) C=1.6t+16 (c is the cost, and t is time in years after 1990.) You know this is the equation because you start at 16, and then the cost rises after each run of 1 year. b) The y intercept means the initial cost of cable, or the cost of cable in 1990., which was 16$/ month. c) Since t is time in years after 1990, and you want to find the cost in 2020, t=2020-1990=30. C=1.6(30)+16=$64/month. Hope this helped :)
What is the best way to manage my monthly expenditures?
Monthly take home - 75000.. (Due for revision due to pay revision in PSU)I give 15000 to my wife to manage home - This includes groceries, milk, vegetables etc. She often manages to some money from this amount, but i have never asked about that. It is all upto her to use it all or save from it.This leaves me with 60000. This amount is after deduction of Income tax, Mandatory 12% PF contribution, Pension Fund contribution and all EMIs (Both car and home loan taken from company itself)Investments:18000- PF account - Me and my company together deposit in my PF account10000 - SIPs per month (started SIPs in 2012 from 2000 per month)10000 - Personal equity portfolio (i have portfolio of about 10–12 stocks)5000 - RD per month (for contingency)4000 - Debt funds/policies with fixed return (avg per month)Term Insurance (1.5 cr = 1 cr + 50 lakhs from two different companies) - 2000 per monthAccount with Minance - Rs. 250000 ( monthly can be broken into around 4000, but invested in lumpsum)Expenses:6000 - Rent of home at place of my posting6000 - Telephones, landline bills of parents home and mine combined, electricity bills3000 - other sundry expenses, eating out etc.5000 - weekend expenditure (sometimes it is more monthly, sometimes less)5000 - keeping in my saving bank account for one annual holiday trip ( i do two holiday trips with family each year, one is funded by thisThats all it seems.I also get around 100000–120000 as annual PRP in month of October, but that usually goes into other holiday trip. If some amount saved after holiday then it goes to buy some jewelry for my mother or wife on their birthday or diwali :)
If I pay a few dollars more than required on my car loan every month, will it affect my credit score?
Paying extra on an installment loan such as a car loan will not effect your score a single point. Paying it off (assuming that you have been making your payments as agreed) will not affect your score a single point. Please don’t listen to people who tell you otherwise.On the other hand, reducing your credit card balances to below 30% of your credit limit will definitely help your scores. Apart from the fact that credit card debt is devilishly expensive, your score will suffer when your balance exceeds about 30% of the credit limit. This is called the credit utilization.To maximize your score, you should (obviously) keep obligation current, you should have four or five major credit cards with low to zero balances, and you should keep the accounts for a long time.
Problem solving question? math homework! help me please?:(?
"You start driving a used car when the odometer reads 96,882. after a typical month of driving, the reading is 97, 057. write an expression for the reading on the odometer after m months, assuming the amount you drive each month is the same. predict the reading after 12 months." can someone please help me with this math problem? And can you explain your process and why and what. please.:( I struggle with math. Ive been staring at this math problem for quite awhile...
Math please please PLEASE help me!?
Alan joined a CD's and You Club, where he gets the first five CD's for a total cost of $5.00, then will pay $15.99 for each CD he buys after that. An equation for this is y = 15.99x + 5.00. Predict the cost if Alan buys 10 more CD's after the first five. Ken bought a car last year to drive back and forth to work. Last year he spent $1,098 on gas. This year, it was $1,562. What is the inflation rate? Carnie had an income of $29,520 last year. If the inflation rate is eight percent, what is her current purchasing power? Round to the nearest dollar. Barbie's passbook savings account started out with $120.00 as last month's balance. Since then, she has made two deposits of $25.67 and $133.54, a withdrawal of $145.00, and interest added of $3.60. What is her current balance? Pam deposited $890 in a savings account, with three percent simple interest. How much interest will she earn in five years? Jamal borrowed $316 for nine months. He paid it off by paying $38.27 monthly. What will he pay in finance charges?
Math Help PLEASE! I have a lot to do.?
+ 1.A 2. A 3 A 4 C 5. C 6 B 7 C 10 A 11 A
What is the difference between FICO score and your credit score and which is more important?
What Does FICO Stand For?The name FICO comes from the company’s original name, the Fair Isaac Co. It was often shortened to FICO and finally became the company’s official name several years ago.To create credit scores, they use information provided by one of the three major credit reporting agencies — Equifax, Experian or TransUnion. But FICO itself is not a credit reporting agency.A FICO credit score is a credit score developed by FICO, a company that specializes in what’s known as “predictive analytics,” which means they take information and analyze it to predict what’s likely to happen.In the case of your credit score, FICO looks at a range of credit information and uses that to create scores that help lenders predict consumer behavior, such as how likely someone is to pay their bills on time (or not), or whether they are able to handle a larger credit line.Scores developed by FICO can also be used to forecast which accounts are most likely to end up included in bankruptcy, or which ones will be most profitable. And credit-based insurance scores, which they also create, are used to help insurance companies identify which customers are least likely to file claims.More lesser-known facts about FICO scoresis that some people don’t have them at all.To generate a credit score, a consumer must have a certain amount of available information.For example, to generate FICO scores, the consumer should have at least one account that has been open for six or more months and at least one account that has been reported to the credit reporting agencies over the last six months.