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pav-90 [236]
1 year ago
11

How much do you pay for the house in total in the above example? Assume you will only be paying PMI for the first 2 years of the

mortgage?
Mathematics
1 answer:
Nataliya [291]1 year ago
7 0

Answer:

start with your current mortgage balance. For a new mortgage, subtract your down payment from the home price. Calculate the LTV. Divide the loan amount by the property value.

Step-by-step explanation:

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y=-\frac{1}{100}(x-50)^2+25

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Step-by-step explanation:

An arch is in the shape of a parabola. It has a span of 100 feet, the vertex lies at the center 50 and the maximum height of 25 ft.

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y=-\frac{1}{100}(40-50)^2+25

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