Introductory Combinatorics
5th Edition
ISBN: 9780136020400
Author: Richard A. Brualdi
Publisher: Prentice Hall
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Chapter 4, Problem 17E
To determine
To compute: The
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The Martinezes are planning to refinance their home. The outstanding balance on their original loan is $150,000. Their finance company has offered them two options. (Assume there are no additional finance charges. Round your answers to the nearest cent.)
Option A: A fixed-rate mortgage at an interest rate of 4.5%/year compounded monthly, payable over a 30-year period in 360 equal monthly installments.Option B: A fixed-rate mortgage at an interest rate of 4.25%/year compounded monthly, payable over a 12-year period in 144 equal monthly installments.
(a) Find the monthly payment required to amortize each of these loans over the life of the loan.
option A $
option B $
(b) How much interest would the Martinezes save if they chose the 12-year mortgage instead of the 30-year mortgage?
The Martinezes are planning to refinance their home. The outstanding balance on their original loan is $150,000. Their finance company has offered them two options. (Assume there are no additional finance charges. Round your answers to the nearest cent.)
Option A: A fixed-rate mortgage at an interest rate of 4.5%/year compounded monthly, payable over a 30-year period in 360 equal monthly installments.Option B: A fixed-rate mortgage at an interest rate of 4.25%/year compounded monthly, payable over a 12-year period in 144 equal monthly installments.
(a) Find the monthly payment required to amortize each of these loans over the life of the loan.
option A $
option B $
(b) How much interest would the Martinezes save if they chose the 12-year mortgage instead of the 30-year mortgage?
Given: Circle J
2
What is the value of y?
A. 38
C.
68
B. 50
D. 92
Chapter 4 Solutions
Introductory Combinatorics
Ch. 4 - Prob. 1ECh. 4 - Determine the mobile integers in
.
Ch. 4 - Use the algorithm of Section 4.1 to generate the...Ch. 4 - Prove that in the algorithm of Section 4.1, which...Ch. 4 - Let i1i2 … in be a permutation of {1, 2, …, n}...Ch. 4 - Determine the inversion sequences of the following...Ch. 4 - Construct the permutations of {1, 2, …,8} whose...Ch. 4 - How many permutations of {1, 2, 3, 4, 5, 6}...Ch. 4 - Show that the largest number of inversions of a...Ch. 4 - Bring the permutations 256143 and 436251 to 123456...
Ch. 4 - Let S = {x7, x6,…, x1, x0}. Determine the 8-tuples...Ch. 4 - Let S = {x7, x6,…, x1, x0}. Determine the subsets...Ch. 4 - Generate the 5-tuples of 0s and 1s by using the...Ch. 4 - Prob. 14ECh. 4 - For each of the following subsets of {x7, x6, …,...Ch. 4 - For each of the subsets (a), (b), (c), and (d) in...Ch. 4 - Which subset of {x7, x6, … , x1, x0} is 150th on...Ch. 4 - Build (the corners and edges of) the 4-cube, and...Ch. 4 - Give an example of a noncyclic Gray code of order...Ch. 4 - Prob. 20ECh. 4 - Construct the reflected Gray code of order 5...Ch. 4 - Prob. 22ECh. 4 - Determine the immediate successors of the...Ch. 4 - Prob. 24ECh. 4 - Prob. 26ECh. 4 - Prob. 27ECh. 4 - Prob. 28ECh. 4 - Determine the 7-subset of {1, 2, … , 15} that...Ch. 4 - Generate the inversion sequences of the...Ch. 4 - Prob. 31ECh. 4 - Generate the 4-permutations of {1, 2, 3, 4, 5,...Ch. 4 - In which position does the subset 2489 occur in...Ch. 4 - Consider the r-subsets of {1, 2, …, n} in...Ch. 4 - The complement of an r-subset A of {1, 2, … , n}...Ch. 4 - Prob. 36ECh. 4 - Let R′ and R″ be two partial orders on a set X....Ch. 4 - Let (X1, ≤1) and (X2, ≤2) be partially ordered...Ch. 4 - Let (J, ≤) be the partially ordered set with J =...Ch. 4 - Prob. 40ECh. 4 - Show that a partial order on a finite set is...Ch. 4 - Describe the cover relation for the partial order...Ch. 4 - Prob. 43ECh. 4 - Prob. 44ECh. 4 - Prob. 45ECh. 4 - Let m be a positive integer and define a relation...Ch. 4 - Consider the partial order ≤ on the set X of...Ch. 4 - Prob. 50ECh. 4 - Let n be a positive integer, and let Xn be the set...Ch. 4 - Verify that a binary n-tuple an − 1, ⋯ ,a1a0 is in...Ch. 4 - Continuing with Exercise 52, show that can be...Ch. 4 - Let (X, ≤) be a finite partially ordered set. By...Ch. 4 - Prob. 56ECh. 4 - Prob. 57ECh. 4 - Prob. 58ECh. 4 - Prob. 59E
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