subject
Mathematics, 29.01.2020 11:46 needhelp243435

Alex took out a 7/1 variable-rate mortgage for $140,000. 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 alex's monthly mortgage payment during the initial fixed-rate period?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 19:30
Me max recorded the heights of 500 male humans. he found that the heights were normally distributed around a mean of 177 centimeters. which statements about max’s data must be true? a) the median of max’s data is 250 b) more than half of the data points max recorded were 177 centimeters. c) a data point chosen at random is as likely to be above the mean as it is to be below the mean. d) every height within three standard deviations of the mean is equally likely to be chosen if a data point is selected at random.
Answers: 2
question
Mathematics, 21.06.2019 21:40
Astudy was interested in determining if eating milk chocolate lowered someone's cholesterol levels.ten people's cholesterol was measured. then, each of these individuals were told to eat 100g of milk chocolate every day and to eat as they normally did. after two weeks, their cholesterol levels were measured again. is there evidence to support that their cholesterol levels went down? how should we write the alternative hypothesis? (mud = the population mean difference= before - after)a. ha: mud = 0b. ha: mud > 0c. ha: mud < 0d. ha: mud does not equal 0
Answers: 1
question
Mathematics, 22.06.2019 00:30
Astudent was asked to find the square of 7x+3. the student quickly wrote (7x+3)^3= 49x^2+9. identify the student's error and provide the correct answer.
Answers: 3
question
Mathematics, 22.06.2019 02:30
What are the factors of me - 12m + 20?
Answers: 1
You know the right answer?
Alex took out a 7/1 variable-rate mortgage for $140,000. the interest rate for the first period was...
Questions
question
History, 12.01.2021 23:20
question
Social Studies, 12.01.2021 23:20
question
Mathematics, 12.01.2021 23:20
question
Mathematics, 12.01.2021 23:20
question
Mathematics, 12.01.2021 23:20
Questions on the website: 13722360