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gayaneshka [121]
3 years ago
10

What happens when a home goes into foreclosure?

Mathematics
1 answer:
n200080 [17]3 years ago
3 0
I'd much prefer you look up "foreclosure" on the 'Net.  

The home had served as security for a purchase money mortgage.  If the buyer defaults on this mortgage (by not paying on time), the lender has the right (under the terms of the mortgage contract) to seize the property, subtract the amount owed from the proceeds of sale, and then return anything left over to the buyer who defaulted.
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You deposit $60 in an account earning simple interest at an annual rate of 5% after 12 years what is your new balance
Kaylis [27]

Answer:

The total amount accrued, principal plus interest, from simple interest on a principal of $60.00 at a rate of 5% per year for 12 years is $96.

Step-by-step explanation:

Given

Principle P = $60

Rate r = 5% = 5/100 = 0.05

Time period t = 12 years

To determine

New Balance A = ?

Using the formula

A = P(1 + rt)

A = 60(1+(0.05×12))

A = $96.00

Therefore, the total amount accrued, principal plus interest, from simple interest on a principal of $60.00 at a rate of 5% per year for 12 years is $96.

8 0
3 years ago
What is the missing number? 7 1 1 B​
eduard

Answer:

1/8

Step-by-step explanation:

6 0
3 years ago
i left home going to the movies. i had $90 when i left the house. i spent 31/45 on tickets, and out of the remaining cash i spen
ad-work [718]
First you can find \frac{31}{45} of 90. 

90 x \frac{31}{45} = 62

Next, you have $62 left and spent \frac{1}{7}  of it. Meaning you have \frac{6}{7} of 62 left.

62 x \frac{6}{7}  = about <span>53.14285
</span>
As your answer is not a whole number, you could round according to whatever guidelines your homework has given you (for example - rounding to the 2nd decimal place $53.14)

8 0
3 years ago
HELP!! Pls!<br> f(x)=5<br> Find f(-2)<br><br> No links!
Firlakuza [10]

Answer:

f(x)=5

f(-2)=5

5 is the answer if there is no x near the 5

8 0
4 years ago
What is the slope of y = -1 +7?
Rina8888 [55]

Answer:

I think it is 7 but I am not sure

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
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