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kondaur [170]
3 years ago
15

Which of the following mortgage options will not have a PMI requirement?

Mathematics
2 answers:
uranmaximum [27]3 years ago
6 0
I think the answer c
melomori [17]3 years ago
4 0
The correct answer was C.
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Answer:

The expression 1.02^(4+n) can be used because 1.02^4 * 1.02^2= 1.02^(4+n) AND this is option C.

Step-by-step explanation:

For 4 + N years = (1 + 2/100)^(4+N)

= 1.02 ^ (4+N)

Remember, that the number of years is increased by N and interest rate remain the same, and n is years, and which is now 4+ N.

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