Based on the information provided, it can be inferred that the lender made an excellent estimate; was equal to actual closing costs (option A)
<h3>How do you know what the lender's estimate was?
</h3>
Based on the information provided, the lender estimated that the closing cost is equal to 3% of the $ 180,000 loan. To calculate that value we must do the following operation:
- $ 180,000 / 100 x 3% = $ 5,400.
Based on the above, the estimated closing cost for that loan is $ 5,400.
<h3>How to know the real cost of closing the loan?
</h3>
To know the real cost of the loan closing we must add the following values:
- Closing Cost Charge Loan origination $ 345
- Title insurance $ 600
- Attorney's fees $ 1,350
- Appraisal $ 480
- Inspection $ 550
- Recording fees $ 175
- Escrow $ 1,900
$ 1,900 + $ 175 +% 550 + $ 480 + $ 1,350 + $ 600 + $ 345 = $ 5,400.
According to the above, the lender made a very precise estimate because his calculation hit the exact value of the closing cost (option A)
Learn more about lender in: brainly.com/question/3268275
Answer:
30m
Step-by-step explanation:
<em>Since we are not told what to look for, we can find the maximum height reached by the rocket</em>
Given the rocket's flight approximately modeled by the equation
h(t) = - 12t ^ 2 + 36t + 3
At maximum height dh/dt = 0
dh/dt = --24t + 36
0 = -24t + 36
24t = 36
t= 36/24
t = 1.5s
Get the max height
h(1.5) = - 12 (1.5)^ 2 + 36(1.5) + 3
h(1.5) = - 12(2.25) + 54 + 3
h(1.5) = -27 + 57
h(1.5) = 30m
Hence the maximum height reached by the rocket is 30m
Answer:
1 1/2 y
Step-by-step explanation:
Answer:
Yes. Suri and Juan can make the same amount of wages by working 25 hours in one week.
Step-by-step explanation:
Let each of them work x hours per week.
Suri makes $15 per hour, so in x hours Suri will make $ 15x. The total wages per week for Suri will be:
Total Wages = y = 15x + Bonus = 15x + 25
Juan makes $14 per hour, so in x hours Juan will make $ 14x. The total wages per week for Juan will be:
Total Wages = y = 14x + Bonus = 14x + 50
If they will make the same wages, their wages must be equal, i.e.
15x + 25 = 14x + 50
15x - 14x = 50 - 25
x = 25
This result shows us that if Suri and Juan work for 25 hours per week they will make the same amount of wages.
Answer:
7:07
Step-by-step explanation:
he started at 7:07 because if you take away 5 minutes from 8:12 you get 8:07 and we all know 60 minutes is an hour so 8:07 minus an hour is 7:07 hope this helps
