Answer:
Kindly check explanation
Step-by-step explanation:
Given the following :
Price of home = $220,000
Down payment = 20%
3 points at closing
30 years fixed rate mortgage at 7%
A.)The down payment :
20% of price
0.2 × $220,000 = $44,000
B.) Amount of the Mortgage :
Price - down payment
$220,000 - $44,000 = $176,000
C.) Amount to be paid for the 3 point of closing :
3% of mortgage amount
0.03 * $176,000 = $5,280
D.) monthly payment :
(mortgage amount(1 + rate)) / 30* 12
176000(1 + 0.07)
($176,000 + $12320) / 360
$523
E.) Total cost of interest :
0.07 * 176000 = $12,320
Let X is the random number Erik thinks of, and Y is the random number Nita thinks of.
Both X and Y are in the range from 0 to 20.
<span>X<=20
Y<=20
If the difference between their two numbers is less than 10, then Erik wins.
The difference between the two numbers can be written X-Y, or Y-X depending on which number (X or Y) is greater. But we do not know that. In order not to get negative value, we calculate absolute value of X-Y, written |X-Y| which will give positive value whether X is greater than Y or not.
If |X-Y|<10 Erik wins.
</span><span>If the difference between their two numbers is greater than 10, then Nita wins.
</span><span>If |X-Y|>10 Nita Wins
</span>
If "a" and "b" are two values of x-coordinate, and "m" is the midpoint between them, it means the distance from one end to the midpoint is the same as the distance from the midpoint to the other end
... a-m = m-b
When we add m+b to this equation, we get
... a+b = 2m
Solving for m gives
... m = (a+b)/2
This applies to y-coordinates as well. So ...
... The midpoint between (x1, y1) and (x2, y2) is ((x1+x2)/2, (y1+y2)/2)
_____
Jennifer had (x1, y1) = (-4, 10) and (x2, y2) = (-2, 6). So her calculation would be
... midpoint = ((-4-2)/2, (10+6)/2) = (-6/2, 16/2) = (-3, 8)
Brandon had (x1, y1) = (9, -4) and (x2, y2) = (-12, 8). So his calculation would be
... midpoint = ((9-12)/2, (-4+8)/2) = (-3/2, 4/2) = (-1.5, 2)
None of the factors shown will give you the above number. In order to get the numbers that are on top, you would need two x's being multiplied by each other to get the x^2 value. Since none of the options have that, it is impossible to achieve that.
Answer:
The answer would round to 55%
Step-by-step explanation:
