Tom wishes to purchase a property that has been valued at $300,000. He has $30,000 available as a deposit and will require a mortgage for the remaining amount. The bank offers him a 25-year mortgage at 2% interest. Calculate his monthly repayments. First we note that Tom requires a mortgage on $300,000−$30,000=$270,000. To calculate the monthly repayments we must apply the formula for P0 and solve for d, that is,
P0=d(1−(1+rk)−Nk(rk).
We have P0=$270,000,r=0.02,k=12,N=25, so substituting in the numbers into the formula gives
$270,000=d(1−(1+0.0212)−25⋅12)(0.02 12),
that is,
$270,000=235.9301d⟹d=$1,144.41.

1144.41

James wants to promote his band on the internet. site a offers website hosting for $4.95 per month with a $49.95 startup fee. site b offers website hosting for $9.95 per month with no startup fee. for how many months would james need to keep the website for site a to be a better choice than site b? 1. define a variable for the situation. 2. write an inequality that represents the situation. 3.solve the inequality to find out how many months he needs to keep the website for site a to be less expensive than site b. 4. using words, describe how many months he needs to keep the website for site a to be less expensive than site b.

Pls , the question is in the picture!

Igor stravinsky tires sells approximately 3,760,000 car tires and 1,200,000 truck tires each year. about 47,000,000 care tires and 26,000,00 truck tires are sold each year in the united states. what is stravinsky's market share in each of these two markets (cars and trucks)?