You have found a home that you are interested in purchasing. Instead of a conventional loan, you agree to pay the premium for the private mortgage insurance (PMI), which finances 95% of the loan. The amount of the home is listed
at $125,000. From the given information, determine the amount needed for the down payment to qualify for the PMI
loan.
a. $6,250
C. $625
b. $118,750
d. $62,500

Your client has saved $1,860 for a down payment on a house. a government loan program requires a down payment equal to 3% of the loan amount. what is the largest loan amount that your client could receive with this program

3382-299=3383- ? fill in the blank?

Me with this assignment ! i only partially understand, so explain. also it's a work sample. at the championship bike race, steve and paula were fighting for first place. steve was 175 feet ahead of paula and had only 300 feet left to go. he was very tired and was going only 9 feet per second. paula was desperate to catch up and was going 15 feet per second. who won the bike race and by how far did she/he win?