Answer: D
Step-by-step explanation:
It shows the bar going left, meaning its going higher, and we only marked 2
No, no value for x will result in you getting the same amount of money
I.e. on the first day if x =2 you earn 33. on the second day you would've earned 44. Of course this may be wrong so best to double check
If you take the amount of green markers and divide them by the total, you come up with 0.21
If you do likewise with the others, you respectively come up with 0.47 and 0.32.
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
