Mathematics, 26.04.2021 05:10 nelly1078
Jacqueline is deciding between two mortgages for her new home. The first
mortgage is an 80/20 mortgage with interest rates of 4.75 and 7.525%,
respectively. The second mortgage is a 30-year mortgage with a 5.25% and a
$58.30 monthly PMI. If the house price is $145,000, which mortgage payment
will be lower initially, and by how much?
A. 80/20 mortgage by $50.62
B. 80/20 mortgage by $41.34
C. 30-year mortgage by $49.93
D. 30-year mortgage by $33.56
Answers: 2
Mathematics, 21.06.2019 13:00
Abuyer pays a deposit to the seller in advance before completing the transaction. which term best defines this? a. down payment b. earnest money c. mortgage application fee
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Mathematics, 21.06.2019 19:30
Weekly wages at a certain factory are normally distributed with a mean of $400 and a standard deviation of $50. find the probability that a worker selected at random makes between $450 and $500
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Mathematics, 21.06.2019 21:30
Alcoa was $10.02 a share yesterday. today it is at $9.75 a share. if you own 50 shares, did ou have capital gain or loss ? how much of a gain or loss did you have ? express the capital gain/loss as a percent of the original price
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Jacqueline is deciding between two mortgages for her new home. The first
mortgage is an 80/20 mort...
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