A seller of the property listed at $200,000 excepted a 90% offer the home appraised at $185,000 and the buyers obtained a loan for 85% for 30 years at 5% interest what is the first months interest

$637.50

Step-by-step explanation:

According to the Question,

Thus, the first months interest is

$200,000 list price x 0.90 = $180,000 contract sales price.

Since lender always uses the less of the appraised value or the contract sales price, use $180,00 for the remainder of the calculations.

$637.50

Step-by-step explanation:

The appraised value is irrelevant. The lender will consider the lower of the appraised value or the agreed purchase price.

The term of the loan is also irrelevant. It is not an amortization problem.

The first month’s interest is $637.50.

can you rephrase the question ? it is unclear : -)

step-by-step explanation:

so firstly, we need to isolate the y variables to be able to solve these inequalities. firstly, add 0.5x on both sides of the first inequality and subtract 1.5x on both sides of the second inequality:

now since the slope is positive for the first inequality, this means that the line going upwards belongs to the first inequality, and the line going downwards belongs to the second inequality.

next, since y ≥ in the first inequality, this means that the shaded region will be above the first inequality's line, thus shading regions a and b.

next, since y ≤ in the second inequality, this means that the shaded region is going to be below this line, thus shading regions a and c.

since both lines shade region a, this means that region a is the solution.

step-by-step explanation:

mark brainliest!