1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Phantasy [73]
2 years ago
14

You have found a home that you are interested in purchasing. Instead of a conventional loan, you agree to pay the premium for th

e private mortgage insurance (PMI), which finances 95% of the loan. The amount of the home is listed at $125,000. From the given information, determine the amount needed for the down payment to qualify for the PMI loan.
a.
$6,250
c.
$625
b.
$118,750
d.
$62,500
Mathematics
1 answer:
hodyreva [135]2 years ago
5 0

Answer:

a.

$6,250

Step-by-step explanation:

Finances 95% of the loan.

So you have to pay 100% - 95% = 5% of the loan.

The amount of the home is listed at $125,000.

You have to pay 5% of this. So

0.05*125000 = $6,250

The answer is given by option A.

You might be interested in
When the factors of a trinomial are (x + p) and (x + q) then the constant term
nirvana33 [79]
The answer is B
Explanation: when there is Two parentheses you multiply
8 0
3 years ago
Complete the statement below.
slava [35]

━━━━━━━☆☆━━━━━━━

▹ Answer

<em>3 × 4 = 4 × 3</em>

▹ Step-by-Step Explanation

You can use any expression that shows the commutative property of multiplication. For example, 3 × 4 = 4 × 3

Hope this helps!

- CloutAnswers ❁

Brainliest is greatly appreciated!

━━━━━━━☆☆━━━━━━━

4 0
2 years ago
CAN SOMEONE PLEASE HELP I NEED THESE LAST TWO I NEED TO TURN IT IN
kirza4 [7]

Answer: a. Area b. 4222.26

6 0
3 years ago
Ten points to the correct answer
ale4655 [162]
This should be the correct answer.

8 0
3 years ago
Read 2 more answers
What is the value of x when x^2=10?
jenyasd209 [6]
X^2=10
square root it
sqrt(x^2) = sqrt (10)
x= sqrt(10)
Cannot reduce more
5 0
3 years ago
Other questions:
  • What is the rate of change from x = pi x = 3pi/2
    11·1 answer
  • Dana buys dress shirts from a clothing manufacturer for s dollars each, and then sells the dress shirts in her retail clothing s
    15·1 answer
  • Can u guys help me plssss it’s due tmw
    12·2 answers
  • Find inequality represented in the graph someone please help
    13·1 answer
  • Explain how to use the break apart strategy to find 495+254
    13·1 answer
  • I need to know how to do 24×85 in multiplication vertical ​
    15·1 answer
  • PLEASEEEEE HELPPPPPPPP​
    9·2 answers
  • WILL MARK BRAINLIEST FOR BOTH QUESTIONS AND DOUBLE POINTS INLY HAVE 6 MINUTES
    14·2 answers
  • Solve b+12≤26. Graph the solution
    11·1 answer
  • Twenty years ago, bruce wayne bought a batmobile for 250250250 million dollars. as the crime in gotham city has been down for a
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!