subject
Mathematics, 09.03.2020 05:33 kritalewis

Velida took out a 5/1 variable-rate mortgage for $150,000. The interest rate
for the first period was fixed at 5.25%, and the loan was amortized over 30
years. At the end of the initial loan period, the interest rate was 6.75%, plus a
1.5% margin. What was Velida's monthly mortgage payment during the initial
fixed-rate period?
O A. $809.54
O
B. $828.31
C. $873.09
D. $839.09
O

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 18:50
If x = -2, then x 2-7x+10 equals a. 0 b.20 c.28
Answers: 1
question
Mathematics, 21.06.2019 19:00
1. writing an equation for an exponential function by 2. a piece of paper that is 0.6 millimeter thick is folded. write an equation for the thickness t of the paper in millimeters as a function of the number n of folds. the equation is t(n)= 3. enter an equation for the function that includes the points. (-2, 2/5) and (-1,2)
Answers: 1
question
Mathematics, 21.06.2019 19:00
X+ y = 5 ; x - y =3 solve using linear combination
Answers: 2
question
Mathematics, 21.06.2019 20:50
What is the 9th term in the geometric sequence described by this explicit formula? an=-6. (2)(n-1) apex
Answers: 2
You know the right answer?
Velida took out a 5/1 variable-rate mortgage for $150,000. The interest rate
for the first per...
Questions
question
Mathematics, 04.05.2020 23:05
question
Mathematics, 04.05.2020 23:05
question
History, 04.05.2020 23:05
question
Mathematics, 04.05.2020 23:05