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nydimaria [60]
3 years ago
13

If you put a down payment on a house of less than 20% of its value, you typically have to pay _____.

Mathematics
2 answers:
Ivanshal [37]3 years ago
7 0

Answer:

<em>The answer is PMI, or Private Mortgage Insurance.</em>

<u>PMI is an insurance policy that protects the holder against loss resulting from default on a mortgage loan</u> while penalty points is part of a point demerit system dealing with driving licences. Mortgage fees are fees charged by a lender for closing a home loan.

choli [55]3 years ago
4 0

Answer:

If you put a down payment on a house of less than 20% of its value, you typically have to pay PMI.

Step-by-step explanation:

If you are able to pay 20 percent down payment, you are not required to pay private mortgage insurance or PMI.

It is a type of mortgage insurance, that you pay when you have a conventional loan as it will protect the lender if you stop making payments on your loan.

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25 POINTS <br> Solve this equation PLEASE AND STEPS<br> 4=1/2(2x+4+x)(x-2)
Keith_Richards [23]

Answer:

x=−2, 2.6666

Step-by-step explanation:

Let's solve your equation step-by-step.

4=(1/2(2x+4+x))(x−2)

Step 1: Simplify both sides of the equation.

4=3/2 x2−x−4

Step 2: Subtract 3/2x^2-x-4 from both sides.

4−(3/2 x2−x−4)=

3/2 x2−x−4−(3/2 x2−x−4)

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For this equation: a=-1.5, b=1, c=8

−1.5x2+1x+8=0

Step 3: Use quadratic formula with a=-1.5, b=1, c=8.

x=−b±√b2−4ac

2a

x=−(1)±√(1)2−4(−1.5)(8)

2(−1.5)

x=−1±√49

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x=−2,2.66666666666666666666666666666

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