What is the down payment of the sale price

Mathematics

1 answer:

amm18122 years ago

8 0

Answer:

The down payment is the lower of sale price and appraised value less the loan amount. It is not the same as the borrower's cash outlay if some of that outlay is used for settlement costs. Financing settlement costs does not affect the down payment.

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What is this expression 2(5x-1)+14

SVETLANKA909090 [29]

Hello there!

Your question states: What is this expression 2(5x-1)+14

2 * 5x = 10x

2 * -1 = -2

10x + -2 + 14 = 10x + 12

Your answer is 10x + 12

Hope I helped!

Let me know if you need anything else!

~ Zoe

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