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Bond [772]
2 years ago
9

You have found a home that you are interested in purchasing. Instead of a conventional loan, you agree to pay the premium for th

e private mortgage insurance (PMI), which finances 95% of the loan. The amount of the home is listed at $95,278. From the given information, determine the amount needed for the down payment to qualify for the PMI loan.
Mathematics
1 answer:
Elena-2011 [213]2 years ago
5 0
Hi there
Down payment is 5% of the amount listed
100-95=5%
So the amount of down payment is
95,278×0.05=4,763.9

Hope it helps
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Trey paid $42 for 2/3 ton of concrete. He wants to know the price of 3 tons of concrete.
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It is $63 for one ton of concrete, so 3 tons of concrete will be $189
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Audrey has 400 songs on her MP3 player. Of these songs, 150 are by female vocalists, 75 are by male vocalists, and 175 are by gr
Nuetrik [128]

Probability for male = 75/400 = 3/16

Probability for groups = 175/400 = 7/16

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There is a 3/8 probability of the song being sung by a female vocalist.

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7 0
2 years ago
Mike and Jasmine have a combined age of 30. Mike is 3 years younger than twice Jasmines age. How old is Mike?
Kamila [148]
Mike is 19.

If you turn the question into an equation it turns to:
J x 2 - 3 = M

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6 0
2 years ago
1. Darnell reads at a constant rate
JulsSmile [24]

Answer:

Darnell can read 1,715 words in 7 minutes

Step by step Explanation:

1. I need to find out how many words he reads in 1 minute. Divide 735 by 3, my answer is 245

245

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6 bring down the 3 to make 13

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12 bring down the 5 to make 15

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2. multiply 735 by 2 cause he reads 735 words in 3 minutes and we are tryna find out how many words he reads in 7 minutes. 3×2=6, so 735+735 (735×2) equals 1470

3. Add 245, for that extra minute that we missed. my answer is 1,715 words in 7 minutes

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