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Viktor [21]
3 years ago
5

Erica is buying a $205,000 home. She has decided to purchase 2 points in order to lower her interest rate. The appraisal fee is

$450, the processing fee is $575, and the title fee is $600. What is her total in closing costs?
Mathematics
2 answers:
victus00 [196]3 years ago
8 0
2 points=2%=0.02
205000×0.02=4,100 cost of 2 points

Closing costs is
4,100+450+575+600
=5,725....answer

Hope it helps!
amm18123 years ago
4 0

Answer: $5,725

Step-by-step explanation:

Given: The cost of home = $205,000

If there is no down payment, then the mortgage amount = $205,000

We know that one point costs 1 % of mortgage amount .

2 points = 2 % of the mortgage amount =0.02\times205,000=\$4,100

\text{Closing costs=}\text{cost of points + appraisal fee+processing fee+ title fee}

=\$4,100+\$450+\$575+\$600=\$5,725

Hence, her total in closing costs = $5,725.

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3 years ago
Gina is a certain age (g). Gina's older sister is twice Gina's age. Gina's brother is half Gina's age. The sum of their ages is
aliina [53]

Answer:

Gina is 12 years old

Step-by-step explanation:

First,  we will have to write these statements mathematically and then solve.

Let Gina's age be x, let Gina's brother's age be y and let Gina's sister's age be z.

The second statement"Gina's older sister is twice Gina's age" can be mathematically written as: z =2 x ---------------------------(1)

The next statement "Gina's brother is half Gina's age" can be mathematically written as y = \frac{x}{2} ---------------------------------------(2)

Then the next statement "the sum of their ages is 42" can be mathematically written as: x + y + z = 42 ----------------------------(3)

We can now proceed to solve;

Substitute equation (1) and equation(2) into equation (3)

x + y + z = 42

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Multiply through by 2

2x + x + 4x = 84

7x = 84

Divide both-side of the equation by 7

\frac{7x}{7} = \frac{84}{7}

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Therefore, Gina is 12 years old

7 0
3 years ago
What is the average rate of change between f (1) and f (5) in the function f (x) = x2 - x - 6 ?
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Answer:

{ \tt{average =  \frac{f(1) + f(5)}{2} }} \\  \\  = { \tt{ \frac{( {1}^{2}  - 1 - 6) + ( {5}^{2} - 5 - 6) }{2} }} \\  =  \frac{ - 6 + 14}{2}  \\  \\  = { \tt{4}}

5 0
3 years ago
I think it’s c but I need help
Oksana_A [137]

Answer:

x = 12

Step-by-step explanation:

In a right triangle (a triangle that has a ninety degree angle in it) the the square of the side opposite the right angle is always equal to the sum of the squares of the other two sides. Therefore, we can use the information we are given to figure out the missing side:

15^2=225\\9^2=81\\225-81=144\\\sqrt[2]{144}=12

4 0
3 years ago
Read 2 more answers
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