Alex took out a 7/1 variable-rate mortgage for $140,000. The interest rate for

the first period was fixed at 5.25%, and the loan was amortized over 30 years.

At the end of the initial loan period, the interest rate was 6.75%, plus a 1.5%

margin. What was Alex's monthly mortgage payment during the initial fixed-

rate period?


A. $809.54

B. $739.09

C. $805.34

D. $773.09

Answers

Answer 1

Answer:

D). $773.09

Explanation:

Alex's monthly payment of the mortgage in the course of the initial fixed-rate period would be $773.09.

Mortgage amount = $140,000

Initial period of the mortgage = 7 years

Total time period = 30 years

Interest rate = 5.25%

Monthly mortgage payment for Alex = P * r [tex](1 + r )^{n}[/tex]/[tex](1 + r) ^{n}[/tex] - 1

= $773.09


Related Questions

as southern colony.
5. What was Bacon's Rebellion, and why was it so significant for the Virginia colony?

Answers

It was occurring in Virginia due to the increasing pressure of land exploration, settlement, and cultivation.

can anyone help me with my social studies homework , ill give brainliest

Answers

Answer:

ok where's the question

Explanation:

Why did Ben Franklin not become a minister the way his parents wanted him to?

Answers

Answer:

Benjamin Franklin was 85 years old and in poor health when George Washington was sworn in as the first President of the United States.

Explanation:  

His parents could only afford to send him to school for two years.

which of the flowing are accurate statements about Buddhist meditation

Answers

It’s apart of a right concentration, their are many techniques, and apparently you could walk and meditate at the same time. Hope this helps

d. Prepare immediate and long term ways to abolish the social problem and evils in our societies.​

Answers

communism. communism is the way.

What did Southern states feel they have
the right to do? (Civil war)

Answers

the southern states felt that they had the right to own slaves. the northern states disagreed, so the southern states succeeded from the union.

Read the passage.

Every year, Emilio has a day off from school, and his parents have a day off from work, in observance of the king’s birthday. The king of Emilio’s country, who inherited the crown from his father, has been on the throne for over 50 years. However, the king does not have much political power. While Emilio and his family have great respect for the king, they know that he is really just a symbol of their country. The real power in the country rests with the legislature, which is a body made up of elected representatives who are responsible for making the country’s laws.

Which type of government is in place in Emilio’s country?

a fascist government
a communist government
a constitutional monarchy
a representative democracy

Answers

Answer:

Constitutional monarchy

Explanation:

1. Fascist government - basically a dictator - in this passage we see the king doesn't hold much power therefore is not a dictator

2. Communist government - basically controlled by a single party - the passage does not mention any parties that run in the country therefore makes it irrelevant

3. Constitutional monarchy - A system of government that shares power with a constitutionally organized government - most of the power is given to the legislature which is like what the passage is saying

4. Representative democracy - basically people have the voice and get represented by "representatives" - like America

Answer:

constitutional monarchy

Explanation:

got 100%

How does the author use paragraphs 30-31 to refine their ideas? Cite evidence in your answer.

Answers

We need to know the story

UGH CAN SOMEONE PLEASE HELP MEEEEEEEEEEE QUESTION IN PICTURE
THANKYOUUUUU

Answers

Answer:

i believe it is 4

Explanation:

what is commercial agriculture?​

Answers

Answer:

Commercial agriculture is the process of growing food for the purpose of selling it as a business venture. It is the opposite of subsistence farming,...

Explanation:

Commercial Agriculture is the production of cash crops primarily for sale off the farm.

Which group of people felt the economic issues associated with the recession before the stock market crashed?

ranchers
children
farmers
retailers

Answers

I think it’s retailers

Answer:

farmers

Explanation:

i just did the quiz

One new method of transportation was the

Answers

road  cars motorcycles stuff like that

Rail

Modern locomotive

steam engine

Diesel Locomotives

Water  boats submarines and that type of stuff

air plains helicopters

Which country's government is being described below?



Men & Women 18 & older can vote
Absolute Monarchy
Successor is based on heredity
A.
Iran

B.
Israel

C.
Turkey

D.
Saudi Arabia

Answers

Answer:

iran

Explanation:

How did the Louisiana government respond to the women's rights movement of the late 1800s?
They passed legislation in support of women's suffrage.
They passed an amendment granting women the right to vote.
They passed head and master laws to block women from having equal rights.
They passed laws preventing women from gaining opportunities outside the home.

Answers

Answer:

B

im sorry if is wrong

Answer:

They passed the legislation in support of women sufferage

Explanation:

4. CRITICAL THINKING How do you think
diversity in the Middle Colonies made life
different from life in New England?

Answers

Answer:

The Middle Colonies were more diverse than colonies in New England and the South. Most of the early settlers depended on the fur trade and on farming for economic survival. ...

Explanation:

The Middle Colonies were settled by different nationalities so there is greater emphasis on religious toleration and cultural diversity.

Which word best describe describes the population of New France in 1750

Answers

Answer:

The word is sparse

Explanation:

In 1750, the population of New France was very sparse, even if it had grown substantially since the seventeenth century, when the first colonists arrived.

The reason was the northernly location of the population centers of the colony, which were mostly in what is now Quebec. The harsh winters and difficult conditions kept many people from emigrating. Another reason is that the colony only allowed Catholics to settle there.

What are the "Civil War" amendments and what did they do?

Answers

Answer: Congress worked on certain amendments formed by the Union even before the end of the war.

Explanation:

Several amendments have been formed for this purpose—the Thirteenth Amendment, which implied the emancipation and abolition of slavery after the war. The fourteenth amendment, which was also passed during the war, provided for the granting of citizenship to all persons born on the United States territory and to naturalized inhabitants of the country. The Fifteenth Amendment is a further effort to create a democratic society. This amendment prohibits the degradation of voters based on skin color during elections.

1.) Which war was not fought by the United States in the 1900s?
A. World War I B. World War II C. Spanish-American War D. Vietnam War

2.) Under our Constitution, some powers belong to the states. What is ONE power of the states?
A. Print Money B. Create an army C. Issue passports D. Provide Public Education

Answers

Answer:

Spanish American War

Explanation:

That Spanish-American war was fought in the late 1800s. Ending in an American victory.

i believe the answers are:

1-Spanish-American War
2-Provide Public Education

What did Columbus offer to the king and queen of Spain?

Answers

Answer:

Explanation:

He promised them to bring back gold spices. And silk from the far east and to spread Christianity,and lead an expedition to china

What were the three main arguments in the Declaration of Independence?

Answers

Answer:

The Declaration of Independence included these three major ideas: People have certain Inalienable Rights including Life, Liberty and Pursuit of Happiness. All Men are created equal. Individuals have a civic duty to defend these rights for themselves and others.

Answer:

ima just take all your points and roll out tbh peace

Explanation:

PLZ HELP AND FAST BUT ONLY IF YOU KNOW IT 40 POINTS Image courtesy of NASA

Brazil is located at number _____ on the map above.
A.
1
B.
2
C.
3
D.
4

Please select the best answer from the choices provided
A
B
C
D

Answers

Answer:

it is at number 3 that is pretty easy just look up brazil

(Brainliest) Where was the Confederates’ last stand just before they surrendered?

Appomattox, Virginia
Port Hudson, Louisiana
Gettysburg, Pennsylvania
Vicksburg, Mississippi

Answers

I would say Appomattox,Virginia hope this helps

In Naqada I graves, the deceased were buried with statuettes to keep them company in the afterlife. These were the forerunners of ushabti figures found in Egyptian tombs. Along with these figures, the dead person was buried with food, weapons, amulets, ornaments and decorated vases and palettes.

–"Naqadan Culture,” Jenny Hill

What is the central idea of the passage?

Naqadan culture valued the dead.
Naqadan culture feared the dead.
Naqadan culture rejected the dead.
Naqadan culture worshipped the dead.

Answers

Answer:

Naqadan culture valued the dead.

Explanation:

We see from the passage that the Naqada people were buried with many goods and even luxuries after they are deceased. They would supposedly use this for the afterlife, so they would have good and rich lives after death.

This is evidence Naqada people valued the dead and cared about them. They wished them to be happy in the afterlife and provided them with goods as a sign of appreciation and significance. They would not part with the luxurious earthly goods that can benefit the living if they did not find the afterlife of the deceased people significant.

Additionally, we know from history Egyptians had an elaborated culture that appreciated the deceased and valued the afterlife. As the passage compared Naqada to Egyptians, we can draw the parallel and conclude they held the same ideals and values.

Answer:  

A.) Naqadan cultural valued the dead

Explanation:

Studying energy involves determining the amount of energy an object has. This energy can be kinetic or potential, or it could be a combination of both. Consider a 2-kg bowling ball sits on top of a building that is 40 meters tall. It falls toward the ground. Think about the amounts kinetic energy the bowling ball has as it falls, select the when the ball would have the most kinetic energy from the choices given.

Options:

after it hits the ground and is no longer moving.


as it sits on top of a building that is 40 meters tall.


as it is half way through a fall off a building that is 40 meters tall and traveling 19.8 meters per second.


as it is just about to hit the ground from a fall off a building that is 40 meters tall and traveling 28 meters per second.

Answers

Answer:

I think it is after it hits the ground and is no longer moving.

Explanation:

Answer:

The Answer Is A

hey ur name is im guessing

-andrew
-andrea
-andres
-denis
-alex
-sandra
-nicky
-mortis


am i right ahahah​

Answers

Answer:

No

Explanation:

Answer:

Nuuu your not even close

Explanation:

Evaluate f(x)=−7x+3 when x=−2, x=0, and x=5. When x=−2, f(x)= , when x=0, f(x)= , and when x=5, f(x)= .

Answers

Answer:

When x=−2, f(x)=17

when x=0, f(x)= 3

when x=5, f(x)=-32

Explanation:

See Answer

How many years before Columbus’ 1492 exploration did Prince Henry die?
UR ANSWER WILL BE REPORTED IF ITS NOT A ACTUAL ANSWER :))
TY

Answers

Answer:

Prince Henry the Navigator died 32 years previously in 1460.

Answer:

★ For example, Prince Henry that was a Navigator died 32 years ago in the year 1460.

Explanation:

Hope you have a great day :)

According to the passage, what are the services a monarch must provide for his people?

Answers

Answer:

Explanation:

A monarch should give equal rights n duties to its citizen and should always listen and solve their problems and help them in need


Which of the following is a check of the executive branch on the judicial
branch?

Answers

Answer: 1. The legislative branch checks the executive branch by being the one who can call for impeachment (the process starts in the House and then the Senate approves if the reason for impeachment is reasonable) and vetoing laws the president approves. The legislative branch also checks the judicial branch by approving appointed judges by the President and can propose constitutional amendments to overturn decisions made by the court.  

2. The executive branch checks the power of the legislative branch by also vetoing laws the legislative wants to pass. It also checks the power of the judicial branch by being the one who appoints the judges and they can technically choose whether they want to enforce the rulings and decisions the court has made.

3. The judicial branch has power both over the Legislative and Executive branch by declaring if one of their actions is unconstitutional and they have the last say (judicial review).

Explanation:

Give 5 examples of natural rsources.​

Answers

Answer:

water, dirt, wood, sand, and rock

Explanation:

Answer:

Water.

Oil

Natural gas

Phosphorus.

Coal.

Diamonds.

Copper.

Gold Lead.

Iron ore.

Explanation:

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