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Likurg_2 [28]
3 years ago
8

Shauna wants to buy a house and plans to rent the apartment located in the basement for extra income. The house has a purchase p

rice of $195,600 and she will make a 5% down payment. Shauna has qualified for a 30 year mortgage with a fixed rate of 5. 875%. Approximately how much rent should she charge for the apartment in order to cover her monthly mortgage payment if she only wants to spend $400 a month of her own money? a. $300 b. $700 c. $1100 d. $1,150.
Business
1 answer:
Anastaziya [24]3 years ago
8 0

Answer:

B. $700

Explanation:

I took the quiz

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Advantages of beekeeping as an income generation activity

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An investor is planning to invest a total of $15,000 in two accounts, one paying 4% annual simple interest, and the other 3%. If
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The amount that should be invested in the account that yields a 4% interest is $10,000.

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<h3>What are the linear equations that represent the question?</h3>

a + b = 15,000 equation 1

0.04a + 0.03b = 550 equation 2

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b = amount invested in the account that yields a 3% interest

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