-1/2 because slope is the rise over the run. If you count on the grid from one point on the line to another you go up one and 2 to the left meaning the slope is 1/2, buttttt when the line decreases going to the right, it has a negative slope so you just add a - sign in front
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.
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Subtract the two numbers to find the measurement of the leftover piece
5.6 - 1.71 = 3.89 feet
Answer:
The answer is, The student added only three of the five faces.
Step-by-step explanation:
Hoped it help Have a great day :)
Answer:
Step-by-step explanation:
Hi there,
If the boy wants 80 small action figures
that is equivalent to 40 x 7 (as 7 tickets
gives him 2 small action figures)
= 280 tickets.
The 380 tickets he has originally minus the
280 leaves 100 tickets to get 20 large action figures
(100/5)
He will have 80 small and 20 large action figures
80:20 = 4:1
Hope this helps:-)
