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Answer: D. 80% of the home’s value</h3>
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Explanation:
As you probably expect, the first number 80 refers to the percentage the first loan covers. If the house is say $100,000, then the first loan is $80,000 while the second loan is the remaining $20,000.
An 80/20 mortgage, or similar, will have two monthly payments because you are getting two mortgages bundled together. Usually you should pay a down payment, though it may likely depend on your credit history. Those with good credit will pay less or no down payment, compared to those with worse credit will have to pay more down payment. A good rule of thumb is that 20% of the home's value is made as down payment, though this isn't what the "20" in "80/20" is referring to.
An 80% down payment is extremely high and unreasonable. Not many people have that kind of money laying around. A similar story applies to a 20% interest rate which is incredibly large for a mortgage rate (typically they are in the single digits such as 3%).
Answer:
The value of x is 5.
The value of y is 4.
Step-by-step explanation:
From the figure, the lengths of the lines with equal number of markings are equal.
So, we will have the length of 7x - 4 = 31.
We solve for 'x'.
We get: 7x = 35
⇒ x = 5
Similarly, 4y + 8 = 24
⇒ 4y = 24 - 8
⇒ 4y = 16
⇒ y = 4
Therefore, the value of x = 5 and y = 4.
Hence, the answer.
Answer:
The distance formula is 22.360679775
if you round it to the nearest tenth, then the answer is 22.4
Step-by-step explanation:
(-6, -12) and (4,8)
<u>(x2 - x1)² + (y2 - y1)²</u>
Place the x and y values
(4 - - 6)² + (8 - - 12)²
= 10² + 20²
= 100 + 400 = 500
√500 = 22.360679775
Round it to the nearest tenth, and you will get 22.4
Hope this helps!
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Answer:
55
Step-by-step explanation:
m angle A and m angle C are equal sine two of those sides are equal. You would do 3x + 40 = x +50
You subtract x, leaving it to be 2x + 40 = 50
Subtract the 40, leaving it be 2x = 10
Divide both sides by 2, which leaves x = 5
and then you would do 3(5) + 40, which is 55