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weeeeeb [17]
2 years ago
13

sam took out an 80/20 mortgage on a 125 000 home what is the amount financed under the first mortgage

Mathematics
1 answer:
Snowcat [4.5K]2 years ago
4 0

Answer:

An 80/20 mortgage can save money on the front end of your home loan and over the course of the loan. Essentially, an 80/20 mortgage is a pair of loans used to purchase a home. The first loan covers 80 percent of the home’s price, while the second covers the remaining 20 percent. Both loans are included in the closing and will require you to make two monthly mortgage payments.

Step-by-step explanation:

125.000 × 80 ÷ 100 =

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D) g(x) = 2x-8

Step-by-step explanation:

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What is the slope of the line that passes through the pair of points (-1, 4), (3,12)​
Nadya [2.5K]

Answer:

\displaystyle m = 2

General Formulas and Concepts:

<u>Pre-Algebra</u>

Order of Operations: BPEMDAS

  1. Brackets
  2. Parenthesis
  3. Exponents
  4. Multiplication
  5. Division
  6. Addition
  7. Subtraction
  • Left to Right<u> </u>

<u>Algebra I</u>

  • Coordinates (x, y)
  • Slope Formula: \displaystyle m = \frac{y_2-y_1}{x_2-x_1}

Step-by-step explanation:

<u>Step 1: Define</u>

<em>Identify</em>

Point (-1, 4)

Point (3, 12)

<u>Step 2: Find slope </u><em><u>m</u></em>

Simply plug in the 2 coordinates into the slope formula to find slope <em>m</em>

  1. Substitute in points [Slope Formula]:                                                              \displaystyle m = \frac{12-4}{3--1}
  2. [Fraction] Subtract:                                                                                           \displaystyle m = \frac{8}{4}
  3. [Fraction] Divide:                                                                                               \displaystyle m = 2
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Mrs. Sanchez is given a $550 hiring bonus with a new job. She earns an average commission of $275 per week for the year. If $68
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8 0
3 years ago
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Joni made a down payment of $1,600 on a car that was 20% of the total price what was the total price
zvonat [6]
We know that 20 percent is 1/5
1,600 = (1/5)*x\\ 1,600 * 5 = x 8,000 = x
total price is $8,000
4 0
3 years ago
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