1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zavuch27 [327]
3 years ago
9

What is the total monthly payment for this mortgage? Principal Per Month $980 Interest Per Month $105 Property Tax Per Year 1 pe

rcent of the value of the house ($150,000) Home Insurance Per Year $360 PMI Per Month $45 $980 $4,680 $1,085 $1,285
Business
2 answers:
Lostsunrise [7]3 years ago
7 0
The total monthly mortgage payment is$1085
LekaFEV [45]3 years ago
6 0

Answer:

$1,285

Explanation:

mortgage monthly payments include: principal plus interests, but some mortgage loans can also include real estate taxes and insurance. Both real estate taxes and insurance annual premiums must be divided by 12 months in order to determine their monthly expense:

  • principal per month = $980
  • interest per month = $105
  • real estate taxes 1% of home value = $150,000 x 1% = $1,500 / 12 months = $125
  • home insurance per year = $360 / 12 months = $30
  • PMI (insurance) per month = $45

total monthly payment = $980 + $105 + $125 + $30 + $45 = $1,285

You might be interested in
Suppose the average income of a citizen of Poland is higher than the average income of a citizen of Romania. You might conclude
irinina [24]

Answer:

D) productivity in Poland is higher than in Romania.

Explanation:

Income and wages are directly related to productivity and economic growth. Productivity refers to the total output produced by each unit of labor, an almost all variations in the standard of living of a country and most variations in economic growth are associated with it.

The logic is that a worker that is able to generate a higher level of output should earn a higher income. E.g. if you are a salesperson that sells $200,000 worth of merchandise per month should earn more money that another salesperson that only sells $50,000 per month. Generally, the more money you earn, the higher your standard of living.

6 0
3 years ago
Read 2 more answers
What is the fullform of <br> MD,GM<br>​
kiruha [24]

United States. In the United States, the first professional medical degree is known as Doctor Of Medicine (MD.) A student must complete a 4 year Undergraduate degree in order to pursue a MD. Upon completing undergraduate studies, the graduate is expected to successfully pass the Medical College Admission Test (MCAT.)

The full form of GM is “General Manager“. A general manager (GM) is in charge of part or all of a company's operations, including generating revenue and controlling costs. He/She has overall responsibility for a business or a business unit within a larger organization.

4 0
3 years ago
Most global firms find it is better to have expatriates rather than local staff at the management positions of their foreign ope
pshichka [43]

Answer:A True most global firms find it is better to have expatriates rather than local staff at management positions to their foreign operations because expatriates require less training and development.

8 0
3 years ago
Susan Mbaya is an employee of Mauzo Ltd. She has provided the following details pertaining to
tatuchka [14]

Answer:

I don't know the answer to that question sorry

8 0
3 years ago
Maggie buys oranges regularly, but she notices that the price of oranges goes up every july. what might happen in july to explai
MissTica
The answer is A i just had that question on Plato

4 0
4 years ago
Other questions:
  • The profit that the vendor makes per day by selling x pretzels is given by the function. P(x) = -0.002x2 + 1.4x - 400. Find the
    14·1 answer
  • Dell is a product of the Digby company. Digby's sales forecast for Dell is 1856 units. Digby wants to have an extra 10% of units
    8·1 answer
  • Holly's ham, inc. sells hams during the major holiday seasons. during the current year 11,000 hams were sold resulting in $220,0
    8·1 answer
  • Equipment, beginning of year $ 340,000 Equipment, end of year 420,000 Accumulated depreciation, beginning of year 190,000 Accumu
    9·1 answer
  • According to Jack Gibb’s work on supportive and defensive communication, a supervisor who ____________ is promoting a disconfirm
    9·1 answer
  • Danny "Dimes" Donahue is a neighborhood’s 9-year-old entrepreneur. His most recent venture is selling homemade brownies that he
    10·1 answer
  • Marketing efforts designed to get the product or service to the right customer, when that customer wants it, are called ______
    15·1 answer
  • Which of the following statements about productivity shifts and wages is true?
    8·1 answer
  • Kim’s flowers decided to borrow $26,000 from the bank and use the proceeds to purchase a new delivery vehicle. How should they c
    6·1 answer
  • In a designed experiment, a(n) _____ measures the difference that a factor has on the response.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!