Answer:
54.6 hours
Step-by-step explanation:
65x2 is 130 130-950 is 820 then 820 divided by 15 is 54.6 therefore meaning you have to work 54.6 hours to get 950$ you can check this by doing 54.6x15+130, might not be exact because i rounded to the nearest tenth.
Hope this helps!
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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X(x-1)(x^2+4)=(x^2-x)(x^2+4)=(x^4)+(4x^2)-(x^3)-(4x)=(x^4)-x(x^2+4)+(4x^2)
Answer:
plug in 0 for y and solve for x
to find y plug in 0 for x
Step-by-step explanation: