Answer:
9.264817823
Step-by-step explanation:
If you use your calculator, press the log function button. Then type this (10 x 184,000,000). It will now give you your final answer.
Answer:
Kindly check explanation
Step-by-step explanation:
Given the following :
Price of home = $220,000
Down payment = 20%
3 points at closing
30 years fixed rate mortgage at 7%
A.)The down payment :
20% of price
0.2 × $220,000 = $44,000
B.) Amount of the Mortgage :
Price - down payment
$220,000 - $44,000 = $176,000
C.) Amount to be paid for the 3 point of closing :
3% of mortgage amount
0.03 * $176,000 = $5,280
D.) monthly payment :
(mortgage amount(1 + rate)) / 30* 12
176000(1 + 0.07)
($176,000 + $12320) / 360
$523
E.) Total cost of interest :
0.07 * 176000 = $12,320
Answer:
3/12
Step-by-step explanation:
The opening balance of the March billing cycle for Bernice's credit card = $2374.
Amount of new purchase = $200 on the 20th of March.
She did purchase only of $200 in that March month.
We are given that she didn't do any payment.
So, still she has balance $2374 till end of the month.
Therefore, her average daily balance is $2374.00
So, the correct option is B. $2374.00.
