Mathematics, 27.02.2021 22:20 paco38
You have found a home that you are interested in purchasing. Instead of a conventional loan, you agree to pay the
premium for the private mortgage insurance (PMI), which finances 95% of the loan. The amount of the home is listed
at $125,000. From the given information, determine the amount needed for the down payment to qualify for the PMI
loan.
a. $6,250
C. $625
b. $118,750
d. $62,500
Answers: 2
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If a line is defined by the equation y = 5x + 2, what is the slope?
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The function p(x) = –2(x – 9)2 + 100 is used to determine the profit on t-shirts sold for x dollars. what would the profit from sales be if the price of the t-shirts were $15 apiece?
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