Answer:
maximum amount that can be financed is $156,250
Step-by-step explanation:
Data provided:
Minimum down payment required by the lender = 16% of the value of home
Available cash in hand = $25,000
Now,
the maximum amount of down payment that can be paid = $25,000
let the maximum amount that can be financed is 'x'
also,
16% of x = $25,000
or
0.16 × x = $25,000
or
x =
or
x = $156,250
Hence, the maximum amount that can be financed is $156,250
Answer:
2sqrt74
Step-by-step explanation:
use Pytago: x=sqrt(14^2+10^2)
Answer:1.23777
Step-by-step explanation: Calculators answer
Answer:
A line parallel to this line would have a slope of 2/3
A line perpendicular to this line would have a slope of -3/2
Step-by-step explanation: