1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stepladder [879]
3 years ago
9

Sam Smith is purchasing a home. The selling price is $107,000. He is acquiring a new conventional loan and decides to make a 10%

down payment. The interest rate is 8%. He is closing September 10. Using a 30-day month, how much interest will this buyer pay at closing? A. $214.00 B. $449.40 C. $475.50 D. $234.52
Mathematics
1 answer:
kotykmax [81]3 years ago
4 0

Answer:

$214

Step-by-step explanation:

selling price= $107,000

subtract 10%down payment

107,000- (107,000*.1)

107,000-107,00

96,300

Interest rate= 8%

Annual payment= 96,300* 0.08

$7704

per month payment= 7704/12

$624

payment on closing only for 10 days

642*(10/30)

$214

You might be interested in
Suppose we are flipping a fair coin (i.e., probability of heads = 0.5 and probability of tails = 0.5). further, suppose we consi
Feliz [49]
Here is your answer.

6 0
3 years ago
What is a domain mathamatics
dalvyx [7]

Answer:

In mathematics, the domain or set of departure of a function is the set into which all of the input of the function is constrained to fall. It is the set X in the notation f: X → Y, and is alternatively denoted as. . Since a function is defined on its entire domain, its domain coincides with its domain of definition.

Step-by-step explanation:

Google

5 0
3 years ago
Read 2 more answers
A rectangle has a length at least four more than five times the width. if the perimeter is at least 44 units. find the least pos
Eva8 [605]
The answer is 3 and you get that by using the formula for the area of rectangle, p=2L+2W
44=2(4+5w) + 2w
44=8+10w + 2w
44=8+12w
44-8=8+12w-8
36=12w
36/12=12w/12
3=w
If you plug 3 back into the original formula then you see that it is equal to the perimeter of 44
P=2(4+5w) + 2w
P=2(4+5•3) + 2(3)
P=2(19) +6
P=38+6
P=44
8 0
3 years ago
Reduce the fraction to lowest terms. 38x^2yz^2/ -19 yz^2z^3
Elenna [48]
Hope this is helpful.

3 0
4 years ago
What is the probability of pulling out a diamond card out of a standard deck and rolling a 5?
Sliva [168]

Answer:

1/24

Step-by-step explanation:

The probability of drawing a diamond is 1/4 and the prob. of rolling a 5 is 1/6. Multiply the two together

3 0
3 years ago
Read 2 more answers
Other questions:
  • Nagaraj has a​ party-length sandwich that is 45 inches long and is to be cut into three pieces. The middle piece will be 3 inche
    12·1 answer
  • !!!!!!!!!!!!!!!!!!!!!!!!!PLEASe HELP!!!!!!!!!!!!!!!!!!!!!!! <br>Solve for x: -8 &lt; x - 1 &lt; 5
    14·1 answer
  • Help me with 20,21 and 22
    7·1 answer
  • A triangle has a base of 4 units and a height of 3 units. Mark draws the triangle again but
    11·2 answers
  • What is four plus eight
    8·2 answers
  • 1. Determine it the triangles are similar It similar state how and complete the similarity Statement. It triangle is not similar
    8·1 answer
  • Which of the following is the solution to this system of equations?
    10·1 answer
  • Can somebody solve this x/15=8
    14·1 answer
  • Solve the right triangle.<br> Round your answers to the nearest tenth.
    8·1 answer
  • The perimeter of a square rug is 104 cm. What is the area of the rug?
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!