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Alja [10]
3 years ago
9

Larry and Laurie have found a home and made a $125,000 offer that has been accepted. They make a down payment of 10%. Their bank

charges a loan origination fee of 1% of the loan and points of 1.5% (both are based on the loan amount). Other fees include a $25 loan appli- cation fee, a $250 appraisal fee, and $350 for title search and insurance. How much cash will Larry and Laurie need at closing?
Mathematics
1 answer:
IRINA_888 [86]3 years ago
7 0

Answer:

Step-by-step explanation:

downpayment of 10% of 125,000       = 12,500

origination fee of 1% of 125,000         = 1,250

points   1.5% of 125,000                       = 1,875

application fee                                       =  25

appraisal fee                                          = 250

title search and insurance                   = 350

TOTAL AMOUNT OF CASH REQUIRED        = 16,250

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Help pls! will do a 100 point giveaway someone pls help
Tomtit [17]

Answer:

$7,865,000 + (Claire's cases)

Step-by-step explanation:

Euro 2,500,000 x 1.13 = $2825000

£4,000,000 x 1.26 = $5040000

$5040000 + $2825000 = $7865000

3 0
3 years ago
Read 2 more answers
How much does the atmosphere weigh over each square meter of surface? express this in tonnes (units of 1000 kg). recall the conv
Anettt [7]
Atmospheric pressure = 101,325 Newtons / m²
Weight per meter square = 101,325 Newtons
Mass per meter square = 101,325 / (9.81 x 1000)
Mass per meter square = 10.3 tonnes per m²
7 0
3 years ago
-3x-y=-17 4x + 2 y equals 20
ExtremeBDS [4]
-3x - y = -17
4x + 2y = 20

multiply one part of the equation so that we can be able to use the process of elimination.

(-3x - y = -17)2
4x + 2y = 20

Now we have:

-6x -2y = - 34
4x+2y= 20
------------------------
-2x = -14

Divide -2 on both sides.

-2x = -14
/-2       /-2

x = -7.


=============================================

To solve for y, we just have to substitute the value of x to any of the equation given above, that we feel comfortable with. And I'm going to choose this equation: 4x + 2y = 20


4x + 2y = 20

4(-7) + 2y = 20

-28 + 2y = 20

Add 28 on both sides

-28 + 2y = 20
+28          +28
---------------------
2y = 48
/2      /2

y = 24.


The last thing you would do is to check if the answers is correct.
All you have to do is plug in the values of x and y into both equations and see if they equal to one another.

You may have to do this by yourself :P

Anyways, if you have any questions about this topic, feel free to PM me or any other users interested. Thank you for being part of Brainly! Have a nice day!










4 0
3 years ago
Nola purchased 2.5 pounds of cheese for 10.50. Her mother purchased 3pounds of the same cheese for$12.60. The cost of cheese var
Dennis_Churaev [7]

Answer:

cost per pound = $4.20

Step-by-step explanation:

Cheese cost per pound = ?

first for the cost per pound

cost per pound = total cost / pounds bought

cost per pound = $10.50 / 2.5 pounds

cost per pound = $4.20

to check the above answer is correct

cost per pound = total cost / pounds bought

cost per pound = $12.60 / 3 pounds

cost per pound = $4.20

Therefor, the cheese costs $4.20 per pound.

5 0
3 years ago
What is the slope of the line represented by the equation y = -1/2x + 1/4?
Murrr4er [49]

Answer:

<em>m=-1/2</em>

Step-by-step explanation:

The equation is in y=mx+b form. M is the slope. In this equation, -1/2 is m.

Therefore the slope is -1/2.

7 0
3 years ago
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