Karl is purchasing a $205,000 home with a 30-year mortgage at 5.5%. Because he is not making a down payment, PMI in the amount of $97.50/month is required for the first 2 years of the loan. Based on this information, what is the total cost of this loan? A. $421,369.20 B. $444,923.03 C. $423,042.96 D.$452,092.10​

Answers

Answer 1
The answer is A ........
Answer 2

The total loan payment is $1,024,050.

What is Mortgage Loan?

Another name for mortgage loans is "loans against property." A mortgage loan can be used to refinance real estate or to buy, build, or remodel a home. Getting a new loan for a piece of property while the old one is still being paid off is referred to as refinancing. Typically, it is done to obtain a loan with better terms.

We have,

The 30-year mortgage loan of $205,000 at 5.5% interest rate

We know, the total cost of this loan can be calculated as

L=LM+PMI

So, LM=$205,000 x (1+0.055[tex])^{30[/tex]

LM=$205,000 x 4.984

LM = $1,021,710

Now, the PMI over 24 months

= $97.5 x 24

= $2,340

So, the total loan payment is:

= $1,021,710 + $2,340

= $1,024,050

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Related Questions

Louis bought 16 cookies at the bakery. He had a
coupon for $7 off his entire purchase. He ended up
paying $13.32. Write an equation to find how much
each cookie originally cost.
16c-[?] = []

Answers

Answer:

16c - 7 = 13.32

Step-by-step explanation:

The cost of 16 cookies minus the coupon equal how much he paid

16c - 7 = 13.32

Answer:

16c - 7 = 13.32

Step-by-step explanation:

URGENT PLEASE HELP WILL GIVE BRAINLEIST !!!!!!!!!!

Answers

Answer:

4

Step-by-step explanation:

1 change in x and 4 change in y from 1,0 to 0,4 or 4/1

Take any 2 points from the line and use the rule to find the slope

Slope=y2-y1/x2-x1
(0,4)(-1,0)

Slope= 0-4/-1-0 = -4/-1 = 4

Slope =4

I hope that answers your question and please brainliest my answer I would really appreciate it and best of wishes!!

Answer right Brainliest!

Answers

Answer:

The right answer is D) If graphed, the ordered pairs would form a straight line

Today,high tide measured 5.5 ft and low tide measured 1 ft. What is the amplitude of a cosine function modeling the depth of the water in feet as a function of time in hours

Answers

Answer:

[tex]A = 2.25ft[/tex]

Step-by-step explanation:

Given

[tex]High = 5.5ft[/tex]

[tex]Low = 1ft[/tex]

Required

The amplitude (A)

This is calculated as:

[tex]A = \frac{1}{2}(High - Low)[/tex]

So, we have:

[tex]A = \frac{1}{2}(5.5ft - 1ft)[/tex]

[tex]A = \frac{1}{2} * 4.5ft[/tex]

[tex]A = 2.25ft[/tex]

Which fraction is equal to 0.13?

Answers

Answer:

13/100

Step-by-step explanation:

0.13 = 13/100

if you need more examples, 26/200, 39/300, 52/400 is all equal to 0.13 as well.

The cost of a ticket increases by 10% to£18.15
Work out the original cost

Answers

Let the original price = x

An increase of 10 % = 18.15

Multiply x by (1 + percent increase) which is 1.1x = 18.15

Now to find x divide both sides by 1.1:

X = 16.50

The original price was 16.50

Answer:

£16.50

Step-by-step explanation:

Let cost price be x

Now, create a formula:

x + 10x / 100 = 18.15

'or'

110x / 100 = 18.15

'or'

x = (18.15*100) / 110

x = 16.5

In the triangle above a = 12 and c = 26. Find the value of b to the nearest hundredth.

Answers

23.07 is the answer

Question 10(Multiple Choice Worth 1 points) (05.02 LC) Given triangle ABC, which equation could be used to find the measure of B?​

Answers

Answer:

A. cos m L B = 2√5 /5

Step-by-step explanation:

cos m L B = AB / BC = 6/ 3√5

= 6√5 /15

= 2√5 /5

Help I need an answer asap

Answers

Answer:

6

Step-by-step explanation:

To find how many perennials there are, multiply the amount of plants by the percent of perennials. When you multiply percents, just put the percent behind the decimal

60x0.35=21

There are 21 perennials

Do the same for the biennials:

60x0.25=15

Therefore 15 biennials

Subtract the amount of perennials from the amount of biennials

21-15=6

There is 6 more perennials than biennials

Answer:

the answer is 6

21-15=6

Step-by-step explanation.

35% of 60 = 21 for perenalis

25% of 60 = 15 for biennials

40% of 60 = 24 for annuals

josh started reading at 8:18 and stoppted reading at 8:57 how many minutes did he read

Answers

Answer:

Step-by-step explanation:

41 minutes

He finished reading at 8:57 AM. How many minutes did he read? >) 41 minutes.

can i get brainlyest thx

Answer:

He read for 39 minutes

Step-by-step explanation:

You just subtract 57 - 18

Name the labelled points between A and C B and D B and E E and A

Answers

B C E B is the answer

Find the length of TU.​

Answers

Answer:

0.5 (8x+15)?

Step-by-step explanation:

i really hope this helps-

not the greatest at math ._.

Step-by-step explanation:

I hope ill help you.

TU(4x+7.5)

Please help me i'm struggling!

Answers

Answer:

B

Step-by-step explanation:

y = 2x - 4

y + 4 = 2x

x = y/2 + 4/2

x = y/2 + 2

—-

y = x/2 + 2

Answer:

y = x/2 + 2

This is the answer because I got it right on my test.

round the nearest whole number

Answers

Answer:

234.5678

Step-by-step explanation:

When rounding to the nearest whole number if the first number after the decimal point if it is 5 it stays the same, if it is less than 5 ; 1,2,3,4 you round down, larger than 5; 6,7,8,9 you round up.

Answer:

29

Step-by-step explanation:

if u put 234.56 divided by 8 into a calculator, you get 29.32

7 √x +4 Is it a polynomial?​

Answers

Answer:

Phải

Step-by-step explanation:

simplify the expression below. Express the simplified expression in standard form (12s^4-6s^2+4s)+(6s^4-4s+27)-(4s^4+s^2+12)

Answers

Answer:   14s^4 - 7s^2 + 15

====================================================

Work Shown:

(12s^4-6s^2+4s)+(6s^4-4s+27)-(4s^4+s^2+12)

12s^4-6s^2+4s+6s^4-4s+27-4s^4-s^2-12

(12s^4+6s^4-4s^4)+(-6s^2-s^2)+(4s-4s)+(27-12)

14s^4-7s^2+0s+15

14s^4-7s^2+15

Note: don't forget to distribute the negative to every term in the last parenthesis

H. E. L. P. ???!!!!!!​

Answers

Answer:

C

Step-by-step explanation:

sin x= CB/CA =4/8

......

PLEASE ANSWER THIS QUESTION IM BEGGING YOU !

Answers

6% chance of pulling blue and then yellow

Answer:

5/36

Step-by-step explanation:

There are 12 tiles

P( blue) = blue /total = 5/12

We put the first tile back so there are still 12 tiles in the bag

P(yellow) = yellow/total = 4/12 = 1/3

P( blue, yellow) = 5/12 * 1/3 = 5/36

What's The actual length of UV (round to 3 decimal places) ?

Answers

Answer:

7.463 cm

Step-by-step explanation:

Use the pythagorean theorem (a^2 + b^2 = c^2) to find the side length of UV.

a^2 + b^2 = c^2

6.1^2 + 4.3^2 = 55.2

Then square root 55.2, which is 7.463 cm

f(x) =2x+1 and g(x)=x²-7, find (f-g) (x)
help!! ​

Answers

Answer:

(f-g)(x)=2x+1-x^2+7

=2x-x^2+8

=-(x^2-2x-8)

=-(x^2-4x+2x-8)

=-{x(x-4)+2(x-4)}

=-(x+2)(x-4)

Simplify -2x^3y x xy^2

A

Answers

Answer:

your selected answers is right as when there you multiple u add the power.

simplify (3³ × 3⁴) ÷ 3²​

Answers


3x3x3=27

3x3x3x3=81

(27x81=2187)

3x3=9

(2187/9=243)

The answer is 243

If the graphs of the linear equations in a system are the same line, what does that mean about the possible solution or solutions of the system? А.) There is exactly one solution
B.) There is no solution.
C.) There are infiriitely many solutions
D.) The lines in a system cannot graph the same line.
((PLEASE HELPPP))​

Answers

I think it’s c there are many solutions

If XYZ congruent to DEF the what corresponding angle is congruent to angle x (enter your answer using the angle letter only)

Answers

Answer:

D

Step-by-step explanation:

Answer:

D

Step-by-step explanation:

XYZ is congruent to DEF so:

X = D

Y = E

Z = F

Solve the system algebraically.
2x + y - 10 = 0
x-y-5=0
What is the value of y?
-5/3
5

Answers

Answer:

5 is the value of y

PLZ FRIEND ME!!

the value of y is 5

Factorise fully 2a^2b + 6ab^2​

Answers

Answer:

Step-by-step explanation:

2a^2b + 6ab^2

take common

2 can be taken common because there is 2in first term and there is 6 in second term and 2 can exactly divide 6 .there is a*a in first term and only a in second term so u can take a as common.There is only b in first term and b*b in second term so take u can take b as common.

total we can take

2ab as common.So,

2ab(a+3b)

therefore 2ab(a+3b) is the required answer.

The required factorization is  2ab(a+3b).

What is factorization?

Factorization in mathematics is the process of dividing a large number into smaller ones that, when multiplied together, give you the original number. Factorization is the process of dividing a number into its components or divisors.

Expanding brackets in reverse is a procedure known as factorizing.

Fully factorizing an equation entails putting it in brackets by eliminating the components with the highest common denominator.

Finding the highest common factor between all the terms in the phrase is the easiest technique to factorize.

We have, 2a²b + 6ab²

Here,

we have the highest common factor 2ab,

So, 2ab (a + 3b)

Therefore, 2ab(a+3b) is the required factorization.

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Which expression is the result of factoring the expression below by taking out its greatest common factor?
4x^2+16x-4=?
Choose 1 answer:
A. 2x(2x^2+8x−2)
B. 2(2x^2+8x−2)
C. 4x(x^2+4x−1)
D. 4(x^2+4x−1)​

Answers

Step-by-step explanation:

[tex]{\huge{\boxed{\sf{{Hello \: mate (. ❛ ᴗ ❛.) }}}}} \\ \\ {\huge{\underline{\bf{\pink{answer \:✓✓}}}}} \\ \\ \\\blue{Equation = > 4x ^{2} + 16x - 4 } \\ \\\mathcal\blue{ = > greatest \: common \: factor \: is \: 4} \\ \\ {taking \: out \: 4 \: as \: common \: } \\ \\ \huge\mathfrak\red{we \: left \: with} \\ \\ {{\boxed{\sf{\green{D.) 4(x^2 + 4x-1) \:✓✓✓✓}}}}}[/tex]

If polygon ABCD rotates 70° counterclockwise about point E to give polygon A'B'C'D', which relationship must be true? A. BB' = DD' B. m∠ABC < m∠A'B'C' C. m∠ABC > m∠A'B'C' D. A'E' = AE

Answers

Answer:

A'E' = AE

Step-by-step explanation:

Transformation is the movement of a point from its initial position to a new position. Types of transformation are rotation, reflection, translation and dilation. If an object is transformed then all its points are also transformed.

Rigid transformations are transformations that preserves the shape an size of an object (i.e. the side length and angles). Examples of rigid transformations are rotation, translation and reflection.

Since rotation is a rigid transformation, the side lengths and angles of polygon A'B'C'D' would be the same as that of polygon ABCD. Therefore:

A'E' = AE


Which are the solutions of x2 = -13x – 4?

Answers

Answer:

x=3.75

Step-by-step explanation:

f(x) = xWhat is g(x)?

Answers

Answer:

D.

Step-by-step explanation:

I don't really know how to explain this over a computer, but it is correct.

Hope that this helps!

Answer:

compressibility, particle motion, shape

Step-by-step explanation:

just took it

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