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prisoha [69]
3 years ago
5

Help please! 10 points for this question

Mathematics
1 answer:
vichka [17]3 years ago
7 0

Bottom left. Because of th eminus sign, the v curve is "upside-down" and because of the +1, its function value peak is at 1

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A lender requires PMI that is 0.8% of the loan amount of $470,000. How much (in dollars) will this add to the borrower's monthly
Ainat [17]

The amount add to the borrower's monthly payment is $313.33.

Given that lender requires PMI that is 0.8% of the loan amount of $470,000.

A loan's PMI, or personal mortgage insurance, is a type of mortgage insurance used by lenders when making traditional loans such as home loans. A PMI helps cover the loss to the lender (bank) if the borrower stops making monthly mortgage payments on their home loan. Therefore, the PMI can be described as a kind of risk mitigation tool for the bank when the borrower defaults on their EMIs (monthly mortgage payments). So, PMI for a borrower is an additional cost or payment for the borrower on top of his monthly payments i.e. EMI.

Thus, the additional amount of dollars that the borrower has to pay for the PMI on his loan along with his monthly mortgage payments

= Principal Loan amount × (PMI/12)

= $470,000 × (0.8%/12)

= $470,000 × (0.008/12)

= $470,000 × 0.0006666667

=$313.333349

Hence, the additional monthly payment for PMI where lender requires PMI that is 0.8% of the loan amount of $470,000 is $313.33.

Learn more about mortgage payment from here brainly.com/question/10400598

#SPJ1

8 0
2 years ago
A friend has a 83% average before the final exam for a course. That score includes everything but the final, which counts for 25
Klio2033 [76]

Answer:

\mathrm{Best\:course\:grade\:possible:\:}87.25\%,\\\mathrm{Minimum\:score\:on\:final\:to\:earn\:at\:least\:a\:75\%\:for\:the\:course:\:}51\%

Step-by-step explanation:

Assuming the maximum score for the final is 100\%, we can multiply each score by its respective course weight and add them together to give a final score. If your friend did receive this maximum score of 100\%, their overall grade for the course would be:

83(1-0.25)+100(0.25)=\fbox{$87.25\%$}.

To find the minimum score they need to earn a 75% for the course, we set up the following equation:

83(1-0.25)+x(0.25)=75, where x is the minimum score she needs.

Solving, we get:

62.25+x(0.25)=75,\\x(0.25)=12.75,\\x=\fbox{$51\%$}.

8 0
2 years ago
Find the area of the figure.<br><br>12 ft<br>18 ft<br>18 ft<br>36 ft​
Nataly_w [17]

Answer:

139968

Step-by-step explanation:

Multiply the all of the numbers together and you have your answer (:

7 0
3 years ago
9x = 3x - 36 solve please
tatyana61 [14]

Answer:

x=-6

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
What is the largest perfect square factor of 18?
svet-max [94.6K]
The largest perfect square factor of 18 is 9.
6 0
3 years ago
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