One hundred thousand, nineteen million,three.
Answer:
3, and -3
Step-by-step explanation:
Because absolute value is the distance away from zero, |3| and |-3| would both be 3 units away from 0. Be sure to have the negative on the inside if you're trying to make something positive, otherwise -|3| means that the absolute value of 3 would then become negative since the negative sign isn't a part of the absolute. hope this helps!
Answer:
y=-4x-2
Step-by-step explanation:
linear function, y = mx+c
the y intercept of the graph,c, is -2
thus y = mx - 2
substitute a point on the graph into the equation, (2,-1)
2 = m(-1) -2
m = - 4
thus equation of graph is y = -4x-2
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.
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B because it =90 so it is Complementary
