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
Height/width=5/19
5/19=2/x
(5)(x)=(19)(2)
5x=38
5/5x=38/5
x=38/5in or 7.6in
Answer:18 runners
Step-by-step explanation:
7+11=18
Answer:
x/5 = 5280/1
Step-by-step explanation:
this is a proportion set up and then cross multiple. You will get your answer for x. Which is 26, 400 feet.
