One fifth is the same as
and 15 is the same as
So just times across,
×
Resulting in(1 x 15= 15, and 5 x 1= 5),
If you need/want to reduce it, divide both numbers by 5. Leaving you with the simplified answer of
or 3. Either answer works. :)
If you have any questions, just comment them down below :)
When dividing by a negative the sign changes to the opposite.
Answer:
19,680
Step-by-step explanation:
1 lb = 16 ounces
1230 lb = 1230 * 16 ounces = 19,680 ounces
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.
Learn more about mortgage payment from here brainly.com/question/10400598
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Answer:
300 gallons an hour
Step-by-step explanation:
If it pumps 75 gallons in 1/4 of an hour (15 minutes), then if you times that by four to make it a full hour (60 minutes). 75 times 4 is 300.
