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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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SVEN [57.7K]
Hopes this helps:

Answer: x = -10/7

1. Simplify 2 • 2 to 4
4 + 7x + 6 = 0

2. Simplify 4 + 7x + 6 to 7x + 10.
7x + 10 = 0

3. Subtract 10 from both sides.
7x = -10

4. Divide both sides by 7.
X = -10/7
3 0
3 years ago
The formula for height, in feet of a projectile under the influence of gravity is given by h=-16t^2+vt+s, where t is the time in
kifflom [539]

Answer:

1.55s

Step-by-step explanation:

The height equation of the projectile is given as;

h = -16t^2 + vt + s .......1

where;

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v is the upward velocity at the start,

s is the starting height.

Given;

v = 70 ft/s

s = 5 ft

Substituting the values equation 1 becomes;

h = -16t^2 + 70t + 5

For the ball to reach 75 ft, h = 0

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-16t^2 + 70t + 5 - 75 = 0

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solving the quadratic equation;

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Therefore, the ball will first reach 75 ft after 1.55 seconds.

3 0
3 years ago
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what is the algebraic equation product of 3 and a squared number is twice the sum of the number and 4
Katyanochek1 [597]
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"sum of the number and 4" translates to n + 4

The word "is" becomes your equals sign. 

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ludmilkaskok [199]

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So....-13-9 equals -22

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Hope this helps

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3 years ago
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