Answer:
8 positive integers.
Step-by-step explanation:
One value of n would be 15 because 225 = 15^2.
Other values are 225 * n where 15n <= 1000 and n is a perfect square.
So n = 4 gives us 225* 4 = 900 which is a perfect square and 15*4 = 60.
n = 9 gives us 225 * 9 which is a perfect square and 15*9 = 135.
n = 16 gives us 225*16 and 15*16 = 240 , so OK.
n = 25 gives a perfect square and and 15*25 = 375 - so OK.
n = 36 gives a perfect square and 15*36 = 540 - so OK.
n = 49 gives a perfect square and 15*49 = 735 - so OK.
n = 64 gives a perfect square and 15*64 = 960 - so ok.
n = 81 gives a perfect square and 15 * 81 = 1215 so NOT ok.
Answer:
C
Step-by-step explanation:
-6 is less than 7
The amount add to the borrower's monthly payment is $313.33.
Given that lender requires PMI that is 0.8% of the loan amount of $470,000.
A loan's PMI, or personal mortgage insurance, is a type of mortgage insurance used by lenders when making traditional loans such as home loans. A PMI helps cover the loss to the lender (bank) if the borrower stops making monthly mortgage payments on their home loan. Therefore, the PMI can be described as a kind of risk mitigation tool for the bank when the borrower defaults on their EMIs (monthly mortgage payments). So, PMI for a borrower is an additional cost or payment for the borrower on top of his monthly payments i.e. EMI.
Thus, the additional amount of dollars that the borrower has to pay for the PMI on his loan along with his monthly mortgage payments
= Principal Loan amount × (PMI/12)
= $470,000 × (0.8%/12)
= $470,000 × (0.008/12)
= $470,000 × 0.0006666667
=$313.333349
Hence, the additional monthly payment for PMI where lender requires PMI that is 0.8% of the loan amount of $470,000 is $313.33.
Learn more about mortgage payment from here brainly.com/question/10400598
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Answer: the interest on the loan is $39.38
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or amount taken as loan
R represents interest rate
T represents the duration of the loan in years.
From the information given,
P = $350
R = 4.5%
There are 12 months in a year. Converting 30 months into years, it becomes
30/12 = 2.5. so
T = 2.5 years
Therefore
I = (350 × 4.5 × 2.5)/100
I = $39.38
