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Vera_Pavlovna [14]
3 years ago
13

you have found a home that you are interested in purchasing instead of a conversational loan you agree to pay the premium for th

e private mortgages insurance, which finances 95% of the loan. The amount of the home is listed at 95,278. From the given info determine the amount needed for the down payment to qualify for the pmi loan
Mathematics
1 answer:
Vesnalui [34]3 years ago
6 0

Answer:

The amount of down payment needed to qualify for the loan is $ 4,763.90  

Step-by-step explanation:

The question stated that the private mortgage insurance finances 95% of the loan which is the same as the 95% of the value of the home the borrower have in mind.

Availability of 95% mortgage financing implies that the borrower needs to make a down payment of the remaining 5%.

As a result,the borrower would make a down payment of $4,763.90  ($95,278*5%)

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At a competition with 8 runners, 2 medals are awarded for first and second
Dafna1 [17]

Answer: Option 'A' is correct.

Step-by-step explanation :

Since we have given that

Number of medals = 2

Number of runners = 8

We need to find the number of ways to award the medals.

We would use "fundamental theorem of counting" to find the number of ways.

So, number of ways is given by

8 × 7 = 56

Hence, option 'A' is correct.

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3 years ago
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Find the area of the region bounded by the y-axis, the line y=6, and the line y = 1/2.
Ghella [55]

Solution:

As region bounded by y-axis, the line y=6, and the line y=1/2 is a line segment of definite length on y-axis.

We consider a line , one dimensional  if it's thickness is negligible.

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So, Area (region bounded by y-axis, the line y=6, and the line y=1/2 is a line segment of definite length on y-axis)= Area of line segment between [,y=6 and  y=1/2.]= 6-1/2=11/2 units if we consider thickness of line as negligible.

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3 years ago
A direct variation function contains the points (-9,-3) and (-12,-4). which equation represents the function?​
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Answer:

y = x/3

Step-by-step explanation:

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2 years ago
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Write the equation in slope-intercept form.<br> 5x +<br> 5y = 35
vekshin1

Answer:

y = -x + 7

General Formulas and Concepts:

<u>Pre-Algebra</u>

Equality Properties

  • Multiplication Property of Equality
  • Division Property of Equality
  • Addition Property of Equality
  • Subtract Property of Equality

<u>Algebra I</u>

Slope-Intercept Form: y = mx + b

  • m - slope
  • b - y-intercept

Step-by-step explanation:

<u>Step 1: Define</u>

[Standard Form]   5x + 5y = 35

<u>Step 2: Rewrite</u>

<em>Find slope-intercept form.</em>

  1. Subtract 5x on both sides:                    5y = -5x + 35
  2. Divide 5 on both sides:                         y = -x + 7
4 0
3 years ago
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