subject
Mathematics, 09.11.2019 16:31 annagwhiteou0hrh

Tom henderson takes out a $120,000 mortgage. he paid 1.6% of the loan amount in closing costs and $8,962.49 in total interest the first year of the loan.

what are tom's closing costs? $
if the apr is (interest for one year plus closing costs) ÷ (amount financed), what was the apr for that year? %
if the apr is (interest only for one year) ÷ (amount financed), what was the apr (to the nearest tenth) for that year? %

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 20:40, selenamr
Formulate the indicated conclusion in nontechnical terms. be sure to address the original claim. the foundation chair for a hospital claims that the mean number of filled overnight beds is over 523, and she is therefore justified starting a funding campaign to add a wing to the hospital. assuming that a hypothesis test has been conducted and that the conclusion is failure to reject the null hypothesis, state the conclusion in nontechnical terms.
Answers: 3
image
Mathematics, 21.06.2019 22:30, jedsgorditas
Collin did the work to see if 10 is a solution to the equation r/4=2.4
Answers: 1
image
Mathematics, 21.06.2019 23:30, Ab20600
Plzzz answer both questions and i will give you 100 points
Answers: 1
image
Mathematics, 22.06.2019 00:30, CalCDanG
What is the solution for 6 - 7/8? explain the steps.
Answers: 1
You know the right answer?
Tom henderson takes out a $120,000 mortgage. he paid 1.6% of the loan amount in closing costs and $8...

Questions in other subjects:

Konu
Mathematics, 09.05.2021 18:50
Konu
Social Studies, 09.05.2021 18:50
Konu
Mathematics, 09.05.2021 18:50
Konu
Mathematics, 09.05.2021 18:50