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Norma-Jean [14]
3 years ago
12

Lucy is financing $370,000 to purchase a house. How much money will she save over the life of a 30-year, fixed-rate loan by buyi

ng 3 points with a rate of 6.175% instead of not buying points with a rate of 6.55%?
Mathematics
1 answer:
IRISSAK [1]3 years ago
4 0
Lucy would save $114.
Step 1: Multiply 6.175 x 30 = 185.25
Step 2: Divide 370,000/185.25 = 1,997
Step 3: Repeat Steps 1&2 but with (6.55 x 30) and divide 370,000/196.5 = 1,883.
Step 4: Subtract 1,997 - 1,883 = 114
Step 5: She will save $114 with points versus without.
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8 0
2 years ago
As you were organizing your closet you counted 20 shirts and 12 pairs of pants what was the pants to shirt ratio?
NISA [10]

Answer: 5 : 3

Step-by-step explanation:

The ratio of shirts to pants can be shown by putting the number if shirts and pants in the following manner:

Number of shirts       :        Number of pants

20                               :                   12

Then you have to take this to the lowest term. 4 is a factor of both numbers so when divided by 4 we get:

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4 0
3 years ago
Standard issue passenger license plates in Ohio consist of three letters followed by four numbers. How many standard issue licen
dezoksy [38]

Answer:

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Step-by-step explanation:

If there are no restrictions, all numbers and letters are available to be used then. And with no restrictions, every number or letter can appear more than once.

There are 7 spaces available; 3 spaces for letters, 4 spaces for numbers

The different combination of letters and numbers then becomes,

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So, the standard issue license plates that can be produced if there are no restrictions on the letters and numbers = 26 × 26 × 26 × 10 × 10 × 10 × 10 = 175760000 different standard issue license plates.

8 0
3 years ago
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Step-by-step explanation:

5 0
3 years ago
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Answer:

I believe that g=dc

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3 years ago
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