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
Please solve the complex number by finding the complex conjugate.Correct answer will get brainliest!
jasenka [17]

-2 - 2i*square root of 11/483

6 0
2 years ago
Read 2 more answers
Which events are independent? Check all that apply. Each number 1 through 10 is written on a slip of paper, placed in a hat, and
Jet001 [13]
<span>A number cube being rolled and a spinner being spun, two cards chosen from a deck and being replaced, a card being chosen and a dark randomly thrown- these are all examples of independent events because one outcome did not effect the outcome of the other event. And in the case of the cards, because it was replaced, each card still had exactly the same probability of being drawn.</span>
6 0
3 years ago
Read 3 more answers
You drive 200 km west, then 100 km northeast, and then 100 km at 30.0° south of east. after an additional displacement, you arri
Rzqust [24]
The direction is your final destination
3 0
4 years ago
A plane can fly 11 miles per minute. The plane will fly 6 trips, and each trip is 500 miles. How many hours will the plane fly?
MAVERICK [17]
T= trip. M = miles. Mpm = miles per minute

Get the total miles
T x M
6 x 500 = 3000 miles

Find how many minutes did it travel
Total miles / by Mpm
3000/ 11
8 0
3 years ago
Classify the following triangle. Check all that apply.
Fittoniya [83]

Answer:

2 8 97 62

Step-by-step explanation:

yes its right. blah blah bla bl hey bye

6 0
2 years ago
Other questions:
  • How many ways can you write the ratio 7:20 as a fraction without zeros at the end?
    13·1 answer
  • I don’t understand any of this
    11·1 answer
  • Answer all of 9 with work shown
    13·1 answer
  • PROBLEM 2<br> What is the greatest common factor of 15 and 30?
    15·2 answers
  • -6x-(-8)=2<br> step by step
    6·1 answer
  • Fernando purchased a new motorhome for $180,000, but the motorhome will depreciate
    13·1 answer
  • You have 2 nickels, 11 dimes and 5 quarters in your pocket. What is the ratio of nickels to quarters?
    13·1 answer
  • 50 POINTS! Could someone answer these 3 questions? <br><br> I’ll mark Brainliest
    15·1 answer
  • I WILL MARK BRAINLIEST
    13·1 answer
  • Question 2
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!