All categories

3 years ago

How to calculate down payment on a house

Mathematics

1 answer:

Scrat [10]3 years ago

8 0

Answer:

Steps below:)

Step-by-step explanation:

1. Find the mortgage amount.

2. Choose a interest rate on your mortgage.

3. Choose a mortgage term that is the median for your financial needs.

4. Calculate the monthly principal and interest payment using a financial calculator, a spreadsheet program such as Excel or an online mortgage calculator.

5. Determine the monthly amount you will pay into escrow each for payment of your property taxes.

You might be interested in

If the factors of a polynomial are x+8 and X+4, what values of x make that<br> polynomial 02

Lyrx [107]

Answer:

8-x0-36

Step-by-step explanation:

7 0

3 years ago

Joe works as a busboy making $7 per hour and as a theater usher making $9 per hour. Let b be the number of hours he works as a b

Vilka [71]

Answer:

The inequality describing the situation is:

$7b+9u>1500$

Step-by-step explanation:

Joe works as a busboy at the rate of = $7 per hour

Let the number of hours he works as a bus boy this month be = $b$ hours

∴ Amount Joe would make this month working as a busboy = $\$7\times b=\$7b$

Joe works as a theater usher at the rate of = $9 per hour

Let the number of hours he works as a theater usher this month be = $u$ hours

∴ Amount Joe would make this month working as a theater usher = $\$9\times u=\$9u$

Total amount Joe would make this month = $\$(7b+9u)$

His goal is earn more than $1500 this month.

∴ The situation can be represented in the following inequality:

$7b+9u>1500$

6 0

3 years ago

The Spanish version of Michelle Obama's book,

Nina [5.8K]

359 is the correct answer for the English one I think

4 0

3 years ago

Suppose you invest $950 at an annual interest rate of 6.5% compounded continuously. How much will you have in the account after

posledela

The correct answer is $1820.

The formula for continuously compounded interest is

A = Pe^(rt), where P is the amount of principal, r is the interest rate expressed as a decimal number, and t is the number of years. Using our information, we have:

A = 950*e^(0.065*10) = 1819.76 ≈ 1820

3 0

3 years ago

WILL MAEK BRAINLIST <br>A shop has 20 pens. 12 of them are red. What percent of them are red?<br>

dlinn [17]

Answer:

12/20×100percent

=12×5percent

=60percent answer

4 0

2 years ago