Nicole is deciding between two mortgages for her new home. the first mortgage is an 80/20 mortgage with interest rates of 4.75 and 7.525%, respectively. the second mortgage is a 30-year mortgage with a 5.25% and a $62.20 monthly pmi. if the house price is $175,000, which mortgage payment will be lower initially, and by how much?

a.

step-by-step explanation:

step 1 distribute 2 to every term in the parentheses

step 2 add 10 on both sides of the equal sign

total amount to be paid = $19.5

step-by-step explanation:

given ,

original price = $25.99

discount = 25%

discount amount = 25% of original price

discount amount = 25/100   * 25.99

discount amount = $6.49

hence , the total amount to be paid = original price - discount amount

                                                            = $25.99 - $6.49

                                                            =$19.5

total amount to be paid = $19.5

question: how many people can she serve?

answer: she can serve 16.66666667 people. so she can only give 16 people a complete serving.

question: does she have enough ice cream for her guests?

answer: no. explanation: she only has enough for 16 people to have a full serving. however, she can give a 17th person a partial serving.