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FinnZ [79.3K]
3 years ago
13

Bella is interested in buying a $150,000 home. How big does her down

Mathematics
1 answer:
Gekata [30.6K]3 years ago
3 0

Answer:

The answer is option B : $30,000.

Step-by-step explanation:

To avoid Primary Mortgage Insurance or PMI, one need to have the loan balance to be 80% or less of the home value.

Hence, Bella needs to deposit a down payment of at least 20% of $150,000

This value becomes:

0.20\times150000=30000 dollars

Therefore, the answer is option B : $30,000.

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m = y sub2  - y sub1 divided by the change in the X coordinates  x sub2 – x sub1              

We will start by determining the slope

(1, -6) the 1 is x sub 1  and the 6 is y sub 1

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So now again referring back to the slope intercept of the line we now know y = -1 + b.  We still have to determine b and the y intercept, and we can do this by using one of the given points and substituting in the value for y and x, and then solve for b.  Since these points are on the line, they must satisfy this equation.  If we use the first coordinates, we would substitute 1 for x and -6 for y.  

-6 =  -1 times x, which is 1 + b

b = -5

construct the line equation y = mx + b where m = -1 & b = -5

In slope intercept form the equation would be y = -x - 5

Now we want to write this in standard form now.  We have to deal with two things.  The x and y terms have to be on the left side and A and B and C have to be integers.  

The standard form of a linear equation is Ax + By=CA x + By = C .   Move all terms containing variables to the left side of the equation.

Add x to both sides of the equation.

y + x = -5

Reorder y & x

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3 years ago
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3 years ago
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Answer:

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Step-by-step explanation:

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3 years ago
When 80% of a number is added to the number, the result is 216. What is the number?
azamat
80%x + x = 216
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hope this help
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Answer:

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Step-by-step explanation:

6600

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