Answer:
Kindly check explanation
Step-by-step explanation:
Given the following :
Price of home = $220,000
Down payment = 20%
3 points at closing
30 years fixed rate mortgage at 7%
A.)The down payment :
20% of price
0.2 × $220,000 = $44,000
B.) Amount of the Mortgage :
Price - down payment
$220,000 - $44,000 = $176,000
C.) Amount to be paid for the 3 point of closing :
3% of mortgage amount
0.03 * $176,000 = $5,280
D.) monthly payment :
(mortgage amount(1 + rate)) / 30* 12
176000(1 + 0.07)
($176,000 + $12320) / 360
$523
E.) Total cost of interest :
0.07 * 176000 = $12,320
Answer:
<em><u>3x + 5y = 7</u></em>
Step-by-step explanation:
If the position at time <em>t</em> is
<em>s(t)</em> = (1 m/s³) <em>t</em> ³
then the average velocity over <em>t</em> = 2 s and <em>t</em> = 2.001 s is
<em>v</em> (ave) = (<em>s</em> (2.001 s) - <em>s</em> (2 s)) / (2.001 s - 2 s)
<em>v</em> (ave) = ((1 m/s³) (2.001 s)³ - (1 m/s³) (2 s)³) / (2.001 s - 2 s)
<em>v</em> (ave) ≈ (8.01201 m - 8 m) / (0.001 s)
<em>v</em> (ave) ≈ 12.006 m/s
