Answer:
Kindly check explanation
Step-by-step explanation:
Given the following :
Price of home = $220,000
Down payment = 20%
3 points at closing
30 years fixed rate mortgage at 7%
A.)The down payment :
20% of price
0.2 × $220,000 = $44,000
B.) Amount of the Mortgage :
Price - down payment
$220,000 - $44,000 = $176,000
C.) Amount to be paid for the 3 point of closing :
3% of mortgage amount
0.03 * $176,000 = $5,280
D.) monthly payment :
(mortgage amount(1 + rate)) / 30* 12
176000(1 + 0.07)
($176,000 + $12320) / 360
$523
E.) Total cost of interest :
0.07 * 176000 = $12,320
Answer:
y=6/5x+6
Step-by-step explanation:
Answer:1 1/4
Step-by-step explanation:
if u add all together in decimals it will become 1.125.
pls give me brainless
Answer:
C
Step-by-step explanation:
∠ TUL + ∠ LUV = ∠ TUV , substitute values
x + 16 + 11x = 172 , that is
12x + 16 = 172 ( subtract 16 from both sides )
12x = 156 ( divide both sides by 12 )
x = 13 → C
