Answer:
<em><u>The answer is</u></em>: <u>a. 30 year FHA, 3.5% down at a fixed rate of 6.5%.</u>
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Step-by-step explanation:
If Eli wants to pay as little as possible, and we start with a 30-year mortgage, among the percentages that must be paid, <u>the lowest is 3.5%</u>, in terms of the fixed rate, <u>the lowest is 5%</u>, but if we see the amount of <u>30 years, it is 10%</u>, so although the fixed rate of <u>6.5% is higher than that of 5%, the payment is only made once</u>, and the difference is not so much compared to 10% for 30 years.
<em><u>The answer is</u></em>: <u>a. 30 year FHA, 3.5% down at a fixed rate of 6.5%.</u>
Answer:
Step-by-step explanation:
Answer:
1 to 2
Step-by-step explanation:
If A answers 1 question, B will answer 2 questions, making the ratio 1 to 2
Answer:
-1.99, 1.99
Step-by-step explanation:
Use a table to find the z-scores.
For the first z-score:
P(x < z) = 0.0233
z = -1.99
For the second z-score:
P(x > z) = 0.0233
P(x < z) = 1 − 0.0233 = 0.9767
z = 1.99