S4hamithBrG2race S4hamithBrG2race

23-05-2016
Mathematics

contestada

Nell's mortgage is $50,150 at 10 percent for 30 years. What is her monthly payment if she must pay 8.78 points per $1,000? (Points : 1)
$440.32
$439
$422.95
$385.89

Respuesta :

meerkat18 meerkat18

31-05-2016

I actually don't know the actual computation. I used a mortgage points calculator and inputted the data given.

The monthly payment given based on its computation was $440.10. The closest answer is 440.32.

The difference in decimal point is due to the rounding off of 8.78 points to 8.8 points in the calculator.

Answer Link

Otras preguntas

Interactive sites where users write about personal topics and comments to a threaded discussion are called

What effect does a doubling of the mass have upon the acceleration of the object

A finance company offers a 36-month installment loan with an APR of 10.5%. Jerry wishes to use the loan to finance an engagement ring for $21,500. After first u

Before the 1960s, it was not uncommon for a restaurant to refuse customers who were African-American. Such a practice illustrates the concept of A. situation

Can someone please help me with number 35

Michaels has one liter of fruit punch. He gives 200 ml to leila, 200 ml to daniel, and 300 ml to alexa. how much does Michael have left? write an equation that

Which expressions are completely factored? Select each correct answer. A. 16a^5−20a^3=4^3(4a^2−5) B. 24a^4+18=6(4a^4+3) C. 30a^6−24a^2=3a^2(10a^4−8) D. 12a^3+8a

Help me with number three please

was the sand bar saloon built in the middle of canadian river

What is the correct thing to do if you cause damage to an unattented vehicle?