1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Burka [1]
2 years ago
10

PLEASE HELP ME!!!!!

Mathematics
1 answer:
solong [7]2 years ago
3 0

The full workings for the house purchase you made on a mortgage are as follows:

1. Price of House = $499,000 (given)

2. Down Payment = $99,800 ($499,000 x 20%)

3. Amount Financed (Mortgage principal) = $399,200 ($499,000 - $99,800).

4. Monthly Payment = $2,522.94 (given)

5. Number of monthly payments = 360 months (30 x 12)

6. Total Payback = $908,258.40 ($2,522.94 x 360)

7. Total Interest = $509,058.40 ($908,258.40 - $399,200)

8. Assessed Valuation = $199,600 ($499,000 x 40%)

9. Real Estate Taxes (annual) = $6,047.88 ($199,600 x $3.03/$100)

10. Escrow Payment Per month (taxes & insurance) = $628.99 ($6,047.88 + $1,500)/12

11. Monthly Payment to lender (escrow + mortgage) = $3,151.93 ($628.99 + $2,522.94)

<h3>What is a mortgage?</h3>

A mortgage is a loan arrangement that allows a borrower to buy some property, usually a house, without paying for the full cost immediately.

The borrower then makes a monthly payment, which includes the principal and its interest.

Learn more about mortgage payments at brainly.com/question/22846480

#SPJ1

You might be interested in
( 2/3 x+2− 1/6 x+4)∙ 1/5 ÷ 1/5
UNO [17]
(2/3x + 2 - 1/6x + 4) • 1/5 ÷ 1/5
(1/2x + 6) • 1
1/2x + 6
5 0
3 years ago
Read 2 more answers
What is the output, or y-value, when you input x = 1 into the function:
Aleksandr [31]

Answer: y=-6

Step-by-step explanation:

By definition, a relation is a function if and only if each input value has one and only one output value.

For this exercise it is important to remember that thw "Input values"  are the values of the variable "x"and the "Output values"  are the values of the variable"y".

In this case you have the following function provided in the exercise:

y = x^4 - 2x^3 + x^2 + 4x - 10

Then, to solve this exercise, you need to follow these steps:

Step 1. You have to substitute x=1 into the function given.

Step 2. Finally, you must evaluate in order to find the corresponding output value (or the value of the variable "y")

You get that this is:

y = (1)^4 - 2(1)^3 + (1)^2 + 4(1) - 10\\\\y=-6

3 0
3 years ago
Find each sum.Write in simplest form. 2/6+3/6= 3/8+3/8= 1/4+1/4= 5/12+3/12
Svet_ta [14]
2/6+3/6= 5/6
3/8+3/8= 3/4
1/4+1/4= 1/2
5/12+3/12= 2/3

Hope this helps
4 0
3 years ago
Find f(4) if f(x) = x - 6​
Lunna [17]
You would plug in 4 for x.
f(4)= (4) - 6 = -2
4 0
3 years ago
Tangela bought 12 cans of soda for 5.40 what was the unit rate for each can of soda
ANEK [815]

Answer:

Step-by-step explanation:

So 5.40 divided by 12

3 0
2 years ago
Read 2 more answers
Other questions:
  • Which of the following values are in the range of the function graphed below?
    12·2 answers
  • Explain how using basic facts can help you find 10x20x30x40 mentally.
    10·1 answer
  • Solve the system of equations and choose the correct ordered pair.
    15·1 answer
  • Write the claim mathematically and identify Upper H 0 and Upper H Subscript a. ​(b) Find the critical​ value(s) and identify the
    14·1 answer
  • I don't understand how to do this can someone help me with this problem? My mid-term is tomorrow and I want one less problem to
    11·1 answer
  • What is the width of the prism
    6·1 answer
  • Work out the value of x
    8·1 answer
  • An isometric transformation was applied to triangle
    7·2 answers
  • Given C(4, 3) and D(-4, -3) are two points on a circle, centered at the origin. Given
    7·1 answer
  • Two squares are ALWAYS similar true or false
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!