menu
Qammunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Nell's mortgage is $50,150 at 10 percent for 30 years. What is her monthly payment if she must pay 8.78 points per $1,000? (Points : 1) $440.32 $439 $422.95 $385.89
Ask a Question
Questions
Unanswered
Tags
Ask a Question
Nell's mortgage is $50,150 at 10 percent for 30 years. What is her monthly payment if she must pay 8.78 points per $1,000? (Points : 1) $440.32 $439 $422.95 $385.89
asked
Feb 28, 2017
209k
views
5
votes
Nell's mortgage is $50,150 at 10 percent for 30 years. What is her monthly payment if she must pay 8.78 points per $1,000? (Points : 1)
$440.32
$439
$422.95
$385.89
Mathematics
high-school
CodingWithSpike
asked
by
CodingWithSpike
7.5k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
6
votes
I actually don't know the actual computation. I used a mortgage points calculator and inputted the data given.
The monthly payment given based on its computation was $440.10. The closest answer is 440.32.
The difference in decimal point is due to the rounding off of 8.78 points to 8.8 points in the calculator.
Nat Ritmeyer
answered
Mar 5, 2017
by
Nat Ritmeyer
8.0k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Apr 16, 2017
21.1k
views
Nell's mortgage is $50,150 at 10 percent for 30 years. What is her monthly payment if she must pay $8.78 points per $1,000? a) $440.32 b) $439 c) $442.95 d) $385.89
Tim Bodeit
asked
Apr 16, 2017
by
Tim Bodeit
7.9k
points
Mathematics
high-school
2
answers
5
votes
21.1k
views
asked
Feb 18, 2017
85.1k
views
Nells mortgage is 50,150 at 10 percent for 30 years. What is her monthly payment if she must pay 8.78 points per 1,000? A.) 440.32 B.) 439 C.) 422.95 D.) 385.89
Aweary
asked
Feb 18, 2017
by
Aweary
8.1k
points
Mathematics
high-school
1
answer
3
votes
85.1k
views
asked
Dec 16, 2022
99.1k
views
Nell's mortgage is $50,150 at 10 percent for 30 years. What is her monthly payment if she must pay $8.78 per $1,000?
Aurath
asked
Dec 16, 2022
by
Aurath
7.7k
points
Mathematics
high-school
1
answer
24
votes
99.1k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
answers
Categories
All categories
Mathematics
(3.7m)
History
(955k)
English
(903k)
Biology
(716k)
Chemistry
(440k)
Physics
(405k)
Social Studies
(564k)
Advanced Placement
(27.5k)
SAT
(19.1k)
Geography
(146k)
Health
(283k)
Arts
(107k)
Business
(468k)
Computers & Tech
(195k)
French
(33.9k)
German
(4.9k)
Spanish
(174k)
Medicine
(125k)
Law
(53.4k)
Engineering
(74.2k)
Other Questions
How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity.org