In many cases, lenders allow homeowners to include their homeowner's insurance premium with their monthly mortgage payment. Robert's home is worth $318,900. If his homeowner's insurance premium is $0.44 per $100, how
much is added to his monthly mortgage payment for insurance? Show work.

$3.89 is added to his monthly mortgage payment for insurance.

Step-by-step explanation:

Given that in many cases, lenders allow homeowners to include their homeowner's insurance premium with their monthly mortgage payment, and Robert's home is worth $ 318,900, if his homeowner's insurance premium is $ 0.44 per $ 100, to determine how

much is added to his monthly mortgage payment for insurance (based on a 30-year mortgage) the following calculation should be performed:

(((318,900 / 100) x 0.44) / 30) / 12 = X

((3,189 x 0.44) / 30) / 12 = X

(1,403.16 / 30) / 12 = X

46.772 / 12 = X

3.89 = X

Thus, $ 3.89 is added to his monthly mortgage payment for insurance.

a line is an defined derm because it

a)contains an infinite number of points b) can be used to create other geometric shapes c)describes something that does not have width or depth d) is a term that does not have a formal definition. a line is an undefined term because it: contains an infinite number of points.

-2 is the right