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
myrzilka [38]
3 years ago
7

If you buy a home and make a relatively small down payment, what happens to the monthly payments and total payment for you loan?

Mathematics
1 answer:
marta [7]3 years ago
8 0

Answer:

Both monthly payment and total payment will increase.

Step-by-step explanation:

If I buy a home and make a relatively small down payment, then the due payment will be more.

If I pay for my home through a bank and I fix the number of installments to pay back the due amount after down payment (say, monthly installment for 5 years), then the amount of installment payment will definitely increase if my down payment is less.

Again, if the down payment is less, the remaining amount to pay back will rise and the bank calculates interest on the remaining amount to pay. Therefore, the amount of interest will rise in value and finally the total payment after interest for my loan will increase. (Answer)

You might be interested in
Given f(x)=1/4(5-x)2 what is the value of f(11)
iren [92.7K]

Answer:

f(x)=1/4(5-x)²

Step-by-step explanation:

f(11)=1/4(5-11)²

1/4(-6)²

1/4(36)

=9

7 0
2 years ago
Read 2 more answers
Which inequality best represents the following situation: The speed limit in your neighborhood is 30 miles an hour and you are n
andreev551 [17]

Answer:

D

Step-by-step explanation:

You can drive anywhere less than or equal to 30 mph, and it'd be legal

5 0
3 years ago
Suppose that the proportions of blood phenotypes in a particular population are as follows: A B AB O 0.48 0.13 0.03 0.36 Assumin
Serggg [28]

Answer:

P(O and O) =0.1296

P=0.3778

Step-by-step explanation:

Given that

blood phenotypes in a particular population

A=0.48

B=0.13

AB=0.03

O=0.36

As we know that when A and B both are independent that

P(A and B)= P(A) X P(B)

The probability that both phenotypes O are in independent:

P(O and O)= P(O) X P(O)

P(O and O)= 0.36 X 0.36 =0.1296

P(O and O) =0.1296

The probability that the phenotypes of two randomly selected individuals match:

Here  four case are possible

So

P=P(A and A)+P(B and B)+P(AB and AB)+P(O and O)

P=0.48 x 0.48 + 0.13 x 0.13 + 0.03 x 0.03 + 0.36 x 0.36

P=0.3778

7 0
2 years ago
On a certain hot​ summer's day, 696 people used the public swimming pool. The daily prices are $1.75 for children and $2.00 for
mart [117]

Answer:

i dont know

Step-by-step explanation:

5 0
2 years ago
If a circle has a diameter of 44ft, what is the radius and circumference? Round to the nearest hundredth.
lara31 [8.8K]

Answer:

Radius: 22 Circumference: 138.23

Step-by-step explanation:

The radius is half of the diameter so 44/2 is 22.

The circumference can be found by 2*pi*r or pi*d.

2\pi22 or \pi 44

5 0
3 years ago
Other questions:
  • Here are some
    8·1 answer
  • Which of the following is a rational number?
    7·1 answer
  • Georges asked five of his friends how long they studied for the last math test and what grade they received. He found a linear r
    13·1 answer
  • Help pls hhfudududi st gzhgzy
    9·1 answer
  • Which statement is true about f(x)=-2/3|x+4|-6?
    5·2 answers
  • 52 4/9 plus 8 7/8 equals?
    13·2 answers
  • Solve for x or find x​
    7·1 answer
  • Matthew drew a scale drawing of a neighborhood park. He used the scale 1 inch = 1 yard. What scale factor does the drawing use?
    10·1 answer
  • 64% of students will apply for graduate school. from a sample of 100 students, 52 stating that they will apply for grad school.
    15·1 answer
  • Layout
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!