The borrower needs to bring the 10% down payment and another $3,3330 for points for a total of $21,830.
Answer=$21,830
Answer:
<h2><u>
The second option:</u></h2><h2><u>
cause you to lose track of your money</u></h2>
Explanation:
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<span>The balance sheet is summarized in the following categories: assets, liabilities, and stockholder's equity. To verify the balance sheet is in balance, assets = liabilities + stockholder's equity.</span>
Answer:
True
Explanation:
Interest rate is calculated by the formula
I= P x r x t
In this case,
Interest = 10( amount - principal; $110 - $100= $10
P= $100
r ?
t=1
Therefore,
$10 = $100 x r x 1
$10 = $100r
r= $100/$10
r= 10%