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The Johnsons have accumulated a nest egg of $17,000 that they intend to use as a down payment toward the purchase of a new house. Because their present gross income has placed them in a relatively high tax bracket, they have decided to invest a minimum of $1000/month in monthly payments (to take advantage of the tax deduction) toward the purchase of their house. However, because of other financial obligations, their monthly payments should not exceed $1300. If local mortgage rates are 8.5%/year compounded monthly for a conventional 30-yr mortgage, what is the price range of houses they should consider? (Round your answers to the nearest cent.)
How much money should be deposited in the bank at 2% interest compounded annually in order to be able to supply the money for the scholarship at the end of each year?
What is the composition in mole fractions of a solution that has a vapor pressure of 37 torr at 20 ^circ {rm C}?
The buyer of women's gloves currently has an average inventory of $20500, with an annual turnover rate of 4.0. Because this rate of stock turn is below the industry average, a 7.82% increase in turnover is sought.
The lengths of the sides of a triangle are 4, 4, and What is the measure of the angle between the two shortest sides?
The percentage of households with a television tuned in to ad-supported cable increased linearly from 24.6% in 1995 to 42.5% in 2009. The percentage of households with a TV tuned into a major network decreased linearly from 47% in 1995 to 32% in 2..
Let f be a surjection. Then f is an isomorphism iff the order of the element f(a) is equal to the order of the element a , for all a belong to G.
A basket contains five red balls, four white balls, and three blue balls. Two balls are drawn, one after the other, with the first ball replaced before the second is drawn.
suppose a one-tailed test is being applied to find out if the population mean is less than 212. The level of significance is .01 and 26 accounts are sampled. What is the critical value?
Determine the fourier series for the function:- F(x) = 2x in the range -pi to pi and are periodic the the period 2pi. Sketch both the expected and fourier series graphs and use mathcad to check
Among the professionals you have interviewed for your article, were several state and federal government spokespersons who use linear equations in a variety of ways.
Complete the table to make this a valid probability distribution. b. What is the probability an applicant's GPA will be below 3.0?
how do you calculate the burial cloth of an egyptian mummy is estimated to contain 59% of carbon-14 it contained originally. how long ago was the mummy buried? the half life of carbon-14 is 5730.
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