« previous next »

Author Question: The Thompson's plan to buy a home for 145,000 with a 15 down payment. The closing costs will be as ... (Read 65 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Jun 24, 2018
The Thompson's plan to buy a home for 145,000 with a 15 down payment. The closing costs will be as follows: inspections, 425; legal fees, 1,295; title insurance, 190; miscellaneous fees, 345. How much cash will be due at signing? How much money will the Thompson's have to borrow?

Question 2

Michael's annual insurance premiums will be as follows: bodily injury, 25.68; property damage, 184.25; collision, 410.60; comprehensive, 131.15. What annual premium will Michael pay for car insurance? If he pays his premium in monthly installments, how much will his monthly premium be?


uniquea123

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 24, 2018
Answer to Question 1

24,005, 123,250

Answer to Question 2

751.68, 62.64


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Cuy being raised at home in the traditional Andean fashion Cuy being raised at home in the traditional Andean fashion
Home Health Nurse. Home Health Nurse.
Primates use their space in a variety of ways: home ranges, core areas, and territories. Primates use their space in a variety of ways: home ranges, core areas, and territories.
A fire safety plan like RACE saves lives. A fire safety plan like RACE saves lives.
A highly simplified view of the overall plan of the human body. A highly simplified view of the overall plan of the human body.
What single payment one year from now would be economically equivalent to payments of $1,000 ... What single payment one year from now would be economically equivalent to payments of $1,000 ...
Video: Introduction to Macular Degeneration

For a complete list of videos, visit our video library