Bryan and his wife, Jane, can afford $2,273 a month for a monthly mortgage payment. How much money would they be able to borrow for a 30-year fixed mortgage if the APR is 3.8%.

How much money would they make in payments over the life-time of the mortgage?

How much money would they pay in interest over the life-time of the mortgage if they borrowed as much money as they could on the mortgage?

Round your answer to the nearest cent.

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Step-by-step explanation:

The formula for figuring the amount that can be borrowed (P) is shown on the first line of the attachment. (The second line rounds it to the nearest cent.) In this formula, ...

  a = monthly payment, r = annual interest rate, t = number of years

The amounts requested by the problem statement are shown in the attachment, and above. b is the amount that can be borrowed, p is the total of payments, and i is the interest paid. There are 360 monthly payments in 30 years, so the total paid is 360 times the monthly payment amount.

answer: option a.

step-by-step explanation:

you know that the quadrilateral opqr ( a four sided figure) is inscribed in circle. this means that all its vertices are on the circle.

then, by definition, the opposite angles of the quadrilateral are supplementary, this means that the sum of their measures is 180 degrees.

you can observe in the figure that the angles ∠opq   and the angle ∠orq   are opposite, therefore:

then, can be used to d to calculate the measure of ∠opq

geometry: triangles

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call the larger triangle abc

then the smaller triangle cde is similar to abc (all angles are equal, aaa).  

ab is the side that is 36, and we wish to find de, the side corresponding to ab

area_cde = area_abc - area_cde --> area_abc / area_cde = 2

let x=length of de

ratio of areas = (ratio of sides)^2

+2+=+%2836%2fx%29%5e2+

+2+=+1296%2fx%5e2+

++x%5e2+=+1296%2f2+=+648+

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