A seller of the property listed at $200,000 excepted a 90% offer the home appraised at $185,000 and the buyers obtained a loan for 85% for 30 years at 5% interest what is the first months interest

Answers

Answer 1

Answer:

$637.50

Step-by-step explanation:

According to the Question,

Given That, A seller of the property listed at $200,000 excepted a 90% offer the home appraised at $185,000 and the buyers obtained a loan for 85% for 30 years at 5% interest

Thus, the first months interest is

$200,000 list price x 0.90 = $180,000 contract sales price.

Since lender always uses the less of the appraised value or the contract sales price, use $180,00 for the remainder of the calculations.

$180,000 contract sales price x 0.85 LTV = $153,000 loan. $153,000 loan x 0.05 interest rate = $7,650 annual interest. $7,650 ÷ 12 = $637.50 monthly interest payment for the first month.
Answer 2

Answer:

$637.50

Step-by-step explanation:

The appraised value is irrelevant. The lender will consider the lower of the appraised value or the agreed purchase price.

The term of the loan is also irrelevant. It is not an amortization problem.

The first month’s interest is $637.50.


Related Questions

Which of these professionals most directly uses geometry? Choose the best answer

Answers

Answer:

- Surveyors

- developers of the GPS system

Step-by-step explanation:

HELP ASAP I WILL GIVE BRAINLIST

If sin ∅ = -sqrt{3} OVER 2 and π < ∅ < 3π OVER 2, what are the values of cos ∅ and tan ∅? What is ∅ in degrees and radians? Be sure to show and explain all work.

Answers

Step-by-step explanation:

sin ∅ = -(√3)/2

Note that

cos²∅ + sin²∅ = 1

cos²∅ = 1 - sin²∅

= 1 - (-√3 / 2)²

= 1 - (-√3)²/ 2²

= 1 - 3/4

= 1/4

cos²∅ = 1/4

Taking square root of both sides

cos∅ = 1/2

Note that tan∅ = sin∅/cos∅

therefore, tan∅ = -(√3)/2 ÷ 1/2

= -(√3)/2 × 2/1

= -√3

tan∅ = -√3

Since sin∅ = -√3 /2

Then ∅ = -60⁰

The value of ∅ for the given range (third quadrant) is 240⁰.

NB: sin∅ = sin(180-∅)

Also, since 180⁰ is π radians, then ∅ = 4π/3

The cone and the cylinder below have equal surface area. O A. True O B. False ​

Answers

Answer:

the answer is false

Step-by-step explanation:

comment if you want explanation

Answer:

True

Step-by-step explanation:

When using the formulas to find the surface area, both have equal surface area

I need help please it’s for math

Answers

Answer:

139

Step-by-step explanation:

Since the given is a parallelogram then angle <D and angle <B are equal angles

10x - 21 = 9x - 5

10x - 9x = 21 - 5

x = 16 replace x with 16 to find the measure of angle <B

16*9 - 5 = 139

Consider this function. f(x)-3x+3. Which graph represents the inverse of function f?

Answers

9514 1404 393

Answer:

  graph Y

Step-by-step explanation:

The inverse function can be found by solving ...

  x = f(y)

  x = -3y +3

  x -3 = -3y . . . . . subtract 3; next, divide by -3

  y = -1/3x +1 . . . . . matches graph Y

_____

Additional comment

Writing the original equation in standard form can help you see its intercepts.

  3x +y = 3

  3x = 3   ⇒   x = 1 . . . . x-intercept (at y=0)

  y = 3   . . . . y-intercept (at x=0)

The inverse function has the x- and y-intercepts swapped, so you're looking for a line through (0, 1) and (3, 0). The lower left graph (Y) is that graph.

(b) Two fair dice are tossed, and the up face on each die is recorded. Find the probability of
observing each of the following events:
A: (A 4 does not appear on either die)
B: The difference of the numbers is 2 or less)
(The sum of the numbers is odd)
P(A) =
(07 Marks)
(
P(B)
(07 Marks)
G)
(07 Marks)
ses
P(C)

Answers

Answer:

50% chance

Step-by-step explanation:

lol math go brrr

Ben starts walking along a path at 3 mi/h. One and a half hours after Ben leaves, his sister Amanda begins jogging along the same path at 7 mi/h. How long (in hours) will it be before Amanda catches up to Ben?



Enter the exact answer.
Hint: The distance formula is that distance = rate * time, so for example in one and a half hours, Ben has walked 3 * 1.5 miles.

Amanda catches up to Ben in ____________ hours.

Answers

Answer:

1.125 hours

Step-by-step explanation:

Given :

Ben's speed = 3 mi/hr

Time before Amanda starts = 1.5 hours

Amanda's speed = 7 mi/hr

Time before Amanda catches up with Ben

Recall :

Distance = speed * time

Distance already covered by Ben before Amanda starts :

(3 * 1.5) = 4.5

Hence, we can setup the equation :

Ben's distance = Amanda's distance

Let time taken = x

4.5 + 3x = 7x

4.5 = 7x - 3x

4.5 = 4x

x = 4.5 / 4

x = 1.125 hours

1.125 * 60 = 67. 5 minutes

Probabilityyyyyyyyyyyyyyy

Answers

Answer:

Reduce if needed, asked or necessary

Step-by-step explanation:

1. 4/10

2. 2/6

3. 4/10

4. more likely

Answer:

Since Probability Is Usually Written In Fraction Form OR Ratios

(Although It Really Doesn't Matter):

1.  4/10 (2/5)

2.  2/6  (1/3)

3.  6/10 (3/5)

(All Fraction Form)

Last Question:

I can't really see the bottom but probably its 'More likely' since you can already see a bunch of red marbles.

Step-by-step explanation:

This is the basic fraction form :  ____ / ____

Based on what they ask, like the probability of picking out a black marble, count the number of black marbles in the particular bag and put that number as the numerator. The denominator is the total amount of marbles in that particular bag. Hope this helps!

Say you buy halibut at $19 per pound . One portion of seared halibut requires 6 ounces of halibut . How much does the halibut for one portion cost ? Round to the nearest cent .

Answers

Answer:

$7.13

Step-by-step explanation:

Given data

Cost of halibut per pound= $19

Let us convert pound to ounces first

1 pound = 16 ounces

Hence 16 ounces will cost $19

           6 ounces will cost x

cross multiply we have

x= 19*6/16

x=114/16

x=$7.13

Hence 6 ounces will cost $7.13

sec x tanx( 1- sin^2 x) = __x

Answers

Answer:

sin(x)

Step-by-step explanation:

sec x tanx(1 - sin^2 x)

1 - sin^2 x = cos^2 x

sec(x)tan(x)cos^2(x)

[tex]\frac{1}{cos(x)}[/tex] * [tex]\frac{sin(x)}{cos(x)}[/tex] * cos^2(x)

[tex]\frac{sin(x)cos^2(x)}{cos^2(x)}[/tex]

sin(x)

find the first 3 terms of the sequence below.​

Answers

Answer:

Step-by-step explanation:

1 - 8

2 - 14

3 - 22

Answer:

8,14,22

Step-by-step explanation:

Tn = n^2 +3n +4

n=1

    = 1^2 +3(1) +4

    = 1 +3+4

   = 8

n=2

    = 2^2 +3(2) +4

    = 4 +6+4

   = 14

n=3

    = 3^2 +3(3) +4

    = 9 +9+4

   = 22

Which function has the following characteristics?


- A vertical asymptote at x=3

- A horizontal asymptote at y=2

- Domain: {x ≠ ±3}


A. y= (2x-8) / (x-3)

B. y= (2x^2 - 8) / (x^2 - 9)

C. y= (x^2 - 9) / (x^2 - 4)

D. y= (2x^2 - 18) / (x^2 - 4)

Answers

The function has the characteristics is (b) y= (2x^2 - 8) / (x^2 - 9)

How to determine the function?

The features are given as:

A vertical asymptote at x=3A horizontal asymptote at y=2Domain: {x ≠ ±3}

The function that has the above features is (b).

This is proved as follows:

y= (2x^2 - 8) / (x^2 - 9)

Set the denominator not equal to 0, to determine the domain

x^2 - 9 ≠ 0

Add 9 to both sides

x^2 ≠ 9

Take the square roots

x ≠ ±3 --- domain

Replace ≠ with =

x = ±3 --- vertical asymptote

Set the numerator to 0

2x^2 - 8 = 0

Divide through by 2

x^2 - 4 = 0

This gives

x^2 = 4

Take the square roots

x = 2 ---- horizontal asymptote

Hence, the function has the characteristics is (b) y= (2x^2 - 8) / (x^2 - 9)

Read more about functions at:

https://brainly.com/question/4138300

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A file that is 266 megabytes is being downloaded . 14.4 % is completed , how many megabytes have been downloaded round to the tenth

Answers

Answer:

38.3 megabytes

Step-by-step explanation:

Find how many megabytes have been downloaded by multiplying 266 by 0.144:

266(0.144)

= 38.304

Round this to the nearest tenth:

= 38.3

So, 38.3 megabytes have been downloaded


Helpppppp ASAP !!!!!

The graphs below are both quadratic functions. The equation of the red graph is f(x)=x^2 . Which of these is the equation of the blue graph g(x)

Answers

Answer:

[tex]{ \bf{c). \: g(x) = {(x - 3)}^{2} }}[/tex]

on a piece of paper graph y=-2x^2+10x-12 and identify the zeros. Select the choice that matches the graph that you drew and correctly identifies the zeros

Answers

Answer:

C. 2 and 3 opens down

Step-by-step explanation:

see graph

Plss help Get brainiest if right!

The first side of a triangle is 2/3
as long as the second side. The
length of the third side of the triangle is 1/2 of the sum of the
first and second sides. Find the length of the sides of the triangle
if the perimeter is 50.

Answers

Answer:

In Picture

Step-by-step explanation:

Brainliest please~

15/4 : 5/12 =
tolong dijawab ya :)

Answers

Answer:

3/1 : 1/3

Step-by-step explanation:

Just simplify it.

3/1:1/3 that’s the answer

i need helpp !!!!!!!!!!!

Answers

Answer:

In descending order, 1, 4, 3

Mary Katherine has a bag of 3 red apples , 5 yellow apples and 4 green apples , Mary takes a red apples out of the bag and does not replace it. What is the probability that the next apple she takes out is yellow

Answers

Answer:

5/11.... you put the 5 which is yellow over the others which is 12 but remember she removed 1 so it would be equal to 11

Answer:

ok so if she takes a red apple out that means

2 red

5 yellow

4 green

11 in total

so 5/11

The answer is D

Hope This Helps!!!

4x-1,9x-1,7x-3 find the perimeter

Answers

20x-5

Answer:

Solution given;

perimeter=sum of all sides

=4x-1+9x-1+7x-3=20x-5

The perimeter of the line segments 4x - 1, 9x - 1, and 7x - 3 is 20x - 5.

To find the perimeter of the given line segments, you need to add up the lengths of all the line segments.

The lengths of the line segments are:

4x - 1,

9x - 1,

7x - 3.

To find the perimeter, add these lengths together:

Perimeter = (4x - 1) + (9x - 1) + (7x - 3)

= 4x + 9x + 7x - 1 - 1 - 3

= 20x - 5.

Therefore, the perimeter of the line segments 4x - 1, 9x - 1, and 7x - 3 is 20x - 5.

To learn more on Perimeter click:

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Create your own proportion problems?

Answers

Answer:

See Explanation

Step-by-step explanation:

Required

Proportion problems

An example is:

y is directly proportional to x such that: y=4 when x = 2;

Derive the equation

For direct proportions, we have:

[tex]y\ \alpha\ x[/tex]

This gives:

[tex]y = kx[/tex]

Make k the subject

[tex]k = y/x[/tex]

So:

[tex]k = 4/2 =2[/tex]

So, the equation is:

[tex]y = kx[/tex]

[tex]y = 2x[/tex]

Assume the above question is for inverse proportion

The variation will be:

[tex]y\ \alpha\ \frac{1}{x}[/tex]

This gives:

[tex]y\ = \frac{k}{x}[/tex]

Make k the subject

[tex]k =x*y[/tex]

[tex]k =2* 4 = 8[/tex]

So, the equation is:

[tex]y\ = \frac{k}{x}[/tex]

[tex]y = \frac{8}{x}[/tex]

Is the collection og rall " student in set ? why ? class7​

Answers

Answer:

in secret

Step-by-step explanation:

correct answer is in a secret

A group of 40 bowlers showed that their average score was 192. Assume the population standard deviation is 8. Find the 95% confidence interval of the mean score of all bowlers.

Answers

Answer:

[tex]CI=189.5,194.5[/tex]

Step-by-step explanation:

From the question we are told that:

Sample size [tex]n=40[/tex]

Mean [tex]\=x =192[/tex]

Standard deviation[tex]\sigma=8[/tex]

Significance Level [tex]\alpha=0.05[/tex]

From table

Critical Value of [tex]Z=1.96[/tex]

Generally the equation for momentum is mathematically given by

 [tex]CI =\=x \pm z_(a/2) \frac{\sigma}{\sqrt{n}}[/tex]

 [tex]CI =192 \pm 1.96 \frac{8}{\sqrt{40}}[/tex]

 [tex]CI=192 \pm 2.479[/tex]

 [tex]CI=189.5,194.5[/tex]

Which pair of points have equal x-coordinates?

Answers

Answer:

A. Q and R

Step-by-step explanation:

The x-axis is the horizontal line. The y-axis is the vertical line.

On the x-axis, go to the left, all the way to -5.

Look at the line that goes through -5 vertically. You will see that that line intersects with both Q and R.

This means that Q and R have equal x-coordinates, -5.

They're x and y coordinates would be

Q- (-5, 6)

R- (-5, -7)

I hope this helps!

Answer: Q and R

Step-by-step explanation:

See since in the photo the Q coordinate(Q) is directly above the R coordinate(R), that can only mean that they have the same X coordinate(X) or else it wouldn't be possible for Q to be right above R. The reason Q is right above R is because their Y coordinates(Y) are different, not because of X.

I hope this helps!

Help meeee plzzzzzz!!!!

Answers

OPTION B is the correct answer.

sec theta root under 1- cos square theta = tan theta​

Answers

Answer:

Step-by-step explanation:

012345678910

'yl\f[pt;]p;d[k;ell-=;q'[;

Answer:

see explanation

Step-by-step explanation:

Assuming you mean

secθ × [tex]\sqrt{1-cos^20}[/tex]

= [tex]\frac{1}{cos0}[/tex] × sinθ [ sin²θ + cos²θ = 1 , so sinθ = [tex]\sqrt{1-cos^20}[/tex] ]

= [tex]\frac{sin0}{cos0}[/tex]

= tanθ

= right side , thus verified

Sam takes a job with a starting salary of $50,000 for the first year. He earns a 4% increase each year. Which expression gives the partial sum, S3, (in thousands)?

Answers

Given the statement:
Sam takes a job with a starting salary of $50,000 for the first year. He earns a 4% increase each ear.
Write each expression that gives the partial sum.
Representation:
The given statement can be written as,
Total Money = Starting Salary( 1 + rt)
t = number of years.
r = rate
Total Money = $50,000( 1 + 0.04(t))
Final answer:
Total Money = $50,000( 1 + 0.04(t))

Which of the following equations describes this graph?
A. y=(x-1)^2-
B. y=(x-3)^2+2
C. y=(x+1)^2-2
D. y=(x-2)^2+3

Answers

Answer:

The choose (A)

y=(x-1)²-2

Which would result in a lower price to first discount an item by 10% and then by a further 15%, OR to first discount an item by 15% and then by a further 10%. Justify your reasoning.

Answers

Answer:

Neither one. They will both result in the same price.

Step-by-step explanation:

To discount an item 10%, you charge 90% of the price of the item. To find 90% of a price, you multiply the price by 0.9.

To discount an item 15%, you charge 85% of the price of the item. To find 85% of a price, you multiply the price by 0.85.

Since multiplication is commutative, multiplying a number by 0.9 and then by 0.85 is the same as multiplying the number by 0.85 first and then by 0.9.

Let's say the item costs x.

Take off the 10% discount first: 0.9x

Now take off the 15% discount: 0.85 * (0.9x)

Now do it the other way.

Take off the 15% discount first: 0.85x

Now take off the 10% discount: 0.9 * (0.85x)

Since 0.85 * 0.9 * x = 0.9 * 0.85 * x, the results are the same.

Answer: neither

Find the length of arc AB

Answers

Step 1: Find the circumference of the circle

Formula for circumference: C = 2 * pi * r

C = 2 * pi * 27

C = 54pi

Step 2: Find the length of the desired arc

We are only looking for 20 degrees out of 360 degrees, therefore we can multiply our circumference by 20/360.

20/360 * 54pi = 3pi units

Hope this helps!

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