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:
Morning's average rate = 50 mph, and Afternoon's average rate = 25 mph.
Step-by-step explanation:
Suppose he drove 150 miles for X hours, then his average rate in the morning was (150/X) mph.
Given that he spent 5 hours in driving.
And he drove 50 miles for (5-X) hours, then his average rate in the afternoon was 50/(5-X) mph.
Given that his average rate in the morning was twice his average rate in the afternoon.
(150/x) = 2 * 50/(5-x)
150/x = 100/(5-x)
Cross multiplying terms, we get:-
150*(5-x) = 100*x
750 - 150x = 100x
750 = 100x + 150x
750 = 250x
x = 750/250 = 3.
It means he spent 3 hours in the morning and 2 hours in the afternoon.
So morning's average rate = 150/3 = 50 mph.
and afternoon's average rate = 50/(5-3) = 25 mph.
Answer:
the answer is b
Step-by-step explanation:
The horizontal value in a pair of coordinates: how far along the point is. The X Coordinate is always written first in an ordered pair of coordinates (x,y), such as (12,5). In this example, the value "12" is the X Coordinate. Also called "Abscissa"