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
Given that f(x) = 7x^2 − 84 = 0, find x.
jasenka [17]

Answer:

x = 3.464

Step-by-step explanation:

7x^2 - 84 = 0

7x^2 = 84

x^2 = 12

x= 3.464

8 0
3 years ago
Practice
TEA [102]

Answer:

B. -0.5

Step-by-step explanation:

I calculated it logically

4 0
3 years ago
How does the sample size affect the validity of an empirical​ argument? A. The larger the sample size the better. B. The smaller
astra-53 [7]

Answer:

A. The larger the sample size the better.

Step-by-step explanation:

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean \mu and standard deviation \sigma, the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean \mu and standard deviation s = \frac{\sigma}{\sqrt{n}}.

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean \mu = p and standard deviation s = \sqrt{\frac{p(1-p)}{n}}

In this question:

We have to look at the standard error, which is:

s = \frac{\sigma}{\sqrt{n}}

This means that an increase in the sample size reduces the standard error, and thus, the larger the sample size the better, and the correct answer is given by option a.

7 0
3 years ago
HHHHHHHHHHHEEEEEEEEEELLLLLLLLPPPPPPP FIRST RIGHT GITS BRAINLEST
deff fn [24]

Answer:

300

Step-by-step explanation:

8 0
2 years ago
Read 2 more answers
Find the perimeter of the quadrant. ​Use 3.143.14 as an approximation for \piπ. <br><br> ​<br><br> ​
solniwko [45]

Answer: 19.625 cm (Formula is 2πr)

Steps: 1.) 3.14 * 12.5 = 39.25

          2.) 39.25 * 2 = 78.5

          3.) 78.5  /  4  = 19.625 (using the 4 because the area is a fourth of a whole circle)

6 0
3 years ago
Other questions:
  • Determine the vertical asymptote for the rational function f(x) = x - 4 over 2x - 3
    10·1 answer
  • Or a very large set of data the measured mean is found to be 288.6 with a standard deviation of 21.2. assuming the data to be no
    14·1 answer
  • write the integer that represents a depth of 128 feet below sea level. then write the opposite of that integer.
    13·1 answer
  • Estimate 62.853+33.51 by first rounding each number to the nearest whole number
    7·2 answers
  • (11x2 + 2x - 8) + (4x2 – 5x + 7)
    8·2 answers
  • What is 199•20+144 <br><br><br> Thank you for those who answer
    13·2 answers
  • Work out the area of a parallelogram with a base of 12cm and a height of 4cm?
    5·2 answers
  • A chef had 4/5 pound of ground beef to make burgers. Each burger was made with 1/8 pound of ground beef. Chris says that the che
    6·1 answer
  • Every 60 seconds in Africa a minute passes​
    13·2 answers
  • Lesson 10.2 area of composite figures worksheet assigment
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!