The bells obtain a 20-year, $90,000 conventional mortgage at a 8.5% rate on a house selling for $130,000. their monthly mortgage
payment, including principal and interest, is $781.20. They also pay 3 points at closing.
a) determine the total amount the bells will pay for their house.
b) how much of the cost will be interest (including the 3 points)?
c) how much of the first payment on the mortgage is applied to the principal?
1 answer:
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Answer:
5/12 or 0.416667
Step-by-step explanation:
Plug in the values for x and y.
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Evaluate.
8/3 - 9/4
32/12 - 27/12
= 5/12
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Answer:
It took 20 minutes to make 1 batch
Step-by-step explanation:
If 1/4 batch of brownies takes 5 minutes then you just multiply 5 times 4 and that equals 20.
Answer:
45 divided by 3 equal 15
Step-by-step explanation:
45 Divided by 3 equal 15