Put the following equations into slope intercept form
1 answer:
You might be interested in
Answer:
The origination fee on a mortgage of $400,000 is $7,000.
Step-by-step explanation:
Here, the mortgage value = $400,000
The origination fee = 1.75%
Now, the origination fee is calculated on the amount mortgaged.
⇒ 1.75 % of ($400,00) = Origination Fee
Now, 1.75 % of ($400,00) =
or, 1.75 % of ($400,00) = $ 7,000
Hence, the origination fee on a mortgage of $400,000 is $7,000.
Answer:
Step-by-step explanation:
- x+20=3x
- 3x-x=20
- 2x=20
- x=20/2
- x=10