A lender will make an 80% loan-to-value loan on a property that is appraised for $72,250 and sells for $73,500. If the buyer has saved $14,450 for a down payment, how much more (if any) will he need in order to make the down payment required under the terms of this loan?

  $1250

Step-by-step explanation:

The loan can be made for up to ...

  0.80 × $72,250 = $57,800

For a selling price of $73,500, the amount not funded by the loan will be ...

  $73,500 -57,800 = $15,700

This is more than the buyer has saved by ...

  $15,700 -14,450 = $1,250

The buyer will need $1250 in additional funds.

step-by-step explanation:

see explanation

step-by-step explanation:

a

(6r + 7) + (13 + 7r) ( remove brackets and collect like terms )

= 6r + 7 + 13 + 7r

= 13r + 20

b

remove brackets and collect like terms

13 - r - 1 + r

= 12 - r

c

remove brackets and collect like terms

= - 8 - r + 2r - 4

= - 12 + r

d

remove brackets and collect like terms

= 7r - - - 6r

[-   - = - - = - ]

= r -