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3 years ago

alice took out 80/20 mortgage on a $232,000 home. what is the amount financed under the first mortgage?

Mathematics

1 answer:

vitfil [10]3 years ago

6 0

Answer:

The amount financed under this mortgage is $185,600

Step-by-step explanation:

Alice took out an 80/20 mortgage on a $232,000 home.

80/20 mortgage means pay 20% down payment and 80% finance amount of home value.

Home value = $232,000

Now, we need to find finance amount from this hone value of $232,000

Let's calculate the 80% of $232,000 as finance amount;

Finance amount = 80% of 232000

Finance amount = 0.80 x 232000

Finance amount = 185,600

Hence, The amount financed under this mortgage is $185,600

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The hart family drove 10 hours to their vacation spot. they drove an average of 48 miles each hour. how miles did they drive in

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4 years ago

Read 2 more answers

If g(x)= x^2-2x-6 and h(x)= 2x^2-5x+2 find (h-g) (-2)

Natalka [10]

Answer:

Step-by-step explanation:

g(x) = x² - 2x - 6

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To find (h-g) (-2) we must first find h - g(x)

To find h - g(x) subtract g(x) from h(x)

We have

To find (h-g) (-2) substitute the value of x that's - 2 into (h - g)(x) that's replace every x in (h - g)(x) by - 2

That's

We have the final answer as

Hope this helps you

7 0

4 years ago

A train travels train travels 288 kilometre at a uniform speed. If the speed had been 4 kilometre per hour more it would have ta

kiruha [24]

Answer:

Let the speed of the train be x km/h.

Case 1:

Distance = 288 km

Speed = x km/h

Time = Distance/Speed

= 288/x h

Case 2:

Distance = 288 km

Speed = (x+4) km/h

Time = 288/x + 4 h

Since 288/x > 288/x + 4

288/x - 288/x+4 = 1

288[1/x - 1/x+4 ] = 1

[ x + 4 - x / x(x + 4) ] = 1/288

[4 / x^2 + 4x ] = 1/288

x^2 + 4x = 1152

x^2 + 4x - 1152 = 0

x^2 + 36x - 32x - 1152 = 0

x(x + 36) - 32(x + 36) = 0

(x + 36)(x - 32) = 0

x + 36 = 0 , x - 32 = 0

x = -36 , x = 32

x = -36 , rejected since speed cannot be negative.

Therefore , speed of the train = 32 km/h

4 0

3 years ago