Inez has to pay 4 percent in closing costs and 16 percent for the down payment on a purchase of $225,500 with an arm. over the life of the loan, she will pay $262,072.72. what is the total cost of her house? $307,172.72 $302,771.72 $301,217.72

The correct option is 1.

Step-by-step explanation:

It is given that Inez has to pay 4 percent in closing costs and 16 percent for the down payment on a purchase of $225,500 with an ARM.

So, Inez has to pay 20% of $225,500.

Therefore Inez has to pay $45100 as closing cost and down payment.

Over the life of the loan, she will pay $262,072.72.

The total cost of her house is the sum of $262,072.72 and $45100. Because the total cost is the sum of down payment, closing cost and the payments over the life of the loan.

Therefore the correct option is 1.

answer: the answer is one of

step-by-step explanation:   we are given to write a proper fraction where the whole is divided into an even number of equal parts less than ten, and an odd number of those parts exist.

an even number less than 10 may be one of 2, 4, 6 or 8. so, the whole may be one of these four evens.

now, an odd number of these parts must exist, so the numerator must be an odd number, one of 1, 3, 5 or 7. it cannot be 9 because then the fraction will become improper.

thus, our fraction may be one of the following