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GenaCL600 [577]
3 years ago
9

You have just signed a contract to purchase your dream house. The price is $120,000 and you have applied for a $100,000, 30-year

, 5.5 percent loan. Annual property taxes are expected to be $2,000. Hazard insurance will cost $400 per year. Your car payment is $400, with 36 months left. Your monthly gross income is $5,000. Calculate:a. The monthly payment of principal and interest (PI).b. One-twelfth of annual property tax payments and hazard insurance payments.c. Monthly PITI (principal, interest, taxes, and insurance).d. The housing expense (front-end) ratio.e. The total obligations (back-end) ratio.
Business
1 answer:
d1i1m1o1n [39]3 years ago
3 0

Answer:

a. 567.7890013

b.200

c.767.7890013

d.15.356%

e.23.356

Explanation:

Please see attachment .

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Answer:

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Answer:

probability = 0.008

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Explanation:

we know here probability of defective is 0.2

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and

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4 0
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The correct option is A.
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5 0
3 years ago
Read 2 more answers
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