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Elis [28]
3 years ago
13

Jason is purchasing a condominium for 336,500 and has financed 90% of it. He has purchased 2 discount points, has to pay 1.95% o

rigination fee and a brokerage fee of 100$ plus .30% of the loan. What are his total fees that he must pay
Mathematics
1 answer:
Irina-Kira [14]3 years ago
8 0
Total fees = 1.95% of 336,500 + $100 + 0.3% of 10% of 336,500 = (0.0195 x 336,500) + $100 + (0.003 x 0.1 x 336,500) = 6,561.75 + 100 + 100.95 = $6,762.70
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P - Q + R = I ( I is the identity matrix )

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\left[\begin{array}{ccc}2-(-2)&4-2\\3-4&5-1\\\end{array}\right] + R = \left[\begin{array}{ccc}1&0\\0&1\\\end{array}\right]

\left[\begin{array}{ccc}4&2\\-1&4\\\end{array}\right] + R = \left[\begin{array}{ccc}1&0\\0&1\\\end{array}\right]

R = \left[\begin{array}{ccc}1&0\\0&1\\\end{array}\right] - \left[\begin{array}{ccc}4&2\\-1&4\\\end{array}\right] = \left[\begin{array}{ccc}-3&-2\\1&-3\\\end{array}\right]

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