The most Stanley can afford to pay per year in mortgage payments is $12,000, and his credit score is currently 544. According to the following table for a $150,000 mortgage, by how many points would he need to improve his credit score in order to take a mortgage for $150,000? FICO Score 720-850 700-719 675-699 620-674 560-619 500-559 Interest Rate 5.59% 5.71% 6.25% 7.40% 8.53% 9.29% Monthly Payment $860 $872 $924 $1,039 $1,157 $1,238 O A. 156 points OB. 131 points O C. 76 points O D. 14 points
Answers
The answer is not listed in the options. The credit score points are 170.
What is a credit score?To determine the answer, we need to find the interest rate and monthly payment associated with Stanley's credit score of 544.
Since Stanley's credit score is not listed in the table, we need to estimate the interest rate and monthly payment based on the information provided. Generally, the lower the credit score, the higher the interest rate and monthly payment.
Let's assume that Stanley's interest rate would be 10% and his monthly payment would be $1,000 based on his credit score of 544.
Using the table, we can see that for a $150,000 mortgage with a 10% interest rate, the monthly payment would be $1,316.
Now, we need to determine how much Stanley can afford to pay per year in mortgage payments, which is $12,000. We can divide $12,000 by the monthly payment of $1,316 to get the number of payments he can make in a year: $12,000 ÷ $1,316 = 9.12 payments.
Since there are 12 months in a year, Stanley can only make 9 payments per year. Therefore, he can only afford a mortgage with 9 payments of $1,316, which is $11,844 per year.
To afford a $150,000 mortgage, Stanley would need to lower his interest rate or increase his monthly payment. Since he cannot afford a higher monthly payment, he would need to improve his credit score to lower his interest rate.
Looking at the table, we can see that the interest rate associated with a credit score of 675-699 is 6.25%, which would result in a monthly payment of $924. To afford a $150,000 mortgage with a monthly payment of $924, Stanley would need to improve his credit score by 544 - 675 + 1 = 170 points.
Therefore, the answer is not listed in the options.
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Related Questions
Which expression is equivalent to 8r+16
Answers
Answer:
8(r+2)
hope this helps
have a good day :)
Step-by-step explanation:
(X+4) • (3x)
(Help answer this )
Answers
Answer:
3x^2 +12x
Step-by-step explanation:
(x+4) • (3x)
Distribute
3x*x + 3x*4
3x^2 +12x
Help, please!! I don’t have much time
Answers
Answer:
B.
Step-by-step explanation:
Solve for r. Round to the nearest tenth of a degree, if necessary. P 5 3.1 Q R
Answers
51.7
Explanation:
Write the regression line equation for the following data.
X 43 21
25 42 57 59 33
Y 99 65 79 75 87 81
92
A) 0.53x - 3.58
B) 0.31x + 70.21
70.21 +0.31%
D) -3.58 +0.53x
Answers
Answer:
B) y = 0.31x + 70.21
Step-by-step explanation:
Put the data into 2 lists and use the LinReg feature on the TI-84 to get your regression equation.
Matti built a greenhouse in his backyard as shown below. A triangular prism with a rectangular base. The prism has a base of 7 feet by 15 feet. The height is 7 feet. The side lengths are 7.8 feet. How much cubic space is in Matti's greenhouse? 191.1 ft 367.5 ft 382.2 ft 735.0 ft
Answers
Answer:
Capacity of Matti's green house = 367.5 cubic feet
Step-by-step explanation:
Given:
Base Width and Length = 7 feet by 15 feet
Height of prism = 7 feet
Find:
Capacity of Matti's green house
Computation:
Capacity of Matti's green house = Volume of rectangular base[triangular prism]
Volume of rectangular base[triangular prism] = Area of triangular base x Height
Capacity of Matti's green house = [(1/2)(7)(7)][15]
Capacity of Matti's green house = [(1/2)(49)][15]
Capacity of Matti's green house = [(24.5)][15]
Capacity of Matti's green house = 367.5 cubic feet
Answer:
367.5 Cubic ft3
Step-by-step explanation:
Just look at the other persons explanation
(Please give them brainliest)
2(x + 10) = -60 solve for x
Answers
Answer:
2x + 20 = -60
-20 -20
2x = -80
Divide by 2 on both sides.
X = -40
Answer:
-40
Step-by-step explanation:
2(x + 10) = -60
step 1 distribute the 2 to the x and 10
2 * x = 2x
2 * 10 = 20
we now have 20 + 2x = -60
step 2 subtract 20 from each side
20 - 20 cancels out
-60 - 20 = -80
we now have 2x = -80
step 3 divide each side by 2
2x / 2 = x
-80 / 2 = -40
we're left with x = -40
plz help i beg uu. Will give branliest
Answers
if f(x)=35x+25
and g(x)=22x+18
find 5f(4)+2g(10)
Answers
Answer:
1301
General Formulas and Concepts:
Pre-Algebra
Order of Operations: BPEMDAS
Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to RightAlgebra I
FunctionsFunction NotationStep-by-step explanation:
Step 1: Define
Identify
f(x) = 35x + 25
g(x) = 22x + 18
f(4) is x = 4 for function f(x)
g(10) is x = 10 for function g(x)
Step 2: Find Function Values
f(4)
Substitute in x [Function f(x)]: f(4) = 35(4) + 25Multiply: f(4) = 140 + 25Add: 165g(10)
Substitute in x [Function g(x)]: g(10) = 22(10) + 18Multiply: g(10) = 220 + 18Add: g(10) = 238Step 3: Evaluate
Substitute in function values: 5(165) + 2(238)Multiply: 825 + 476Add: 1301Drag and drop one equation into the space provided which correctly shows the relationship between the variables in the table.
Answers
Answer:
v = 2c
Step-by-step explanation:
Question 32 The numbers represented by variables a and c, on the number line, are integers. if c > b > a, under which of the following conditions could the expression b < -1 be true? when a = -4 and c = 0 B when a = - 1 and c = 3 OO C when a O and c 8 when a 1 and c = 2
Answers
The number line inequality will be true for the following condition given in this problem:
When a = 0 and c = -8.
How are real numbers represented on a number line?On a number line, real numbers increase from left to right, meaning that:
Large negative numbers come before small negative numbers, which come before small positive numbers, and finally, come the large positive numbers.
For this problem, the inequality is:
c > b > a.
Which means that:
c is to the left of b.b is to the left of a.We have that b < -1, hence:
c < -1 (can be -2, -3, -4, and so on...).a > -1 (can be 0, 1, 2, 3, and so on)...Then the conditions that make the statement b < -1 true are given as follows:
When a = 0 and c = -8.
More can be learned about number line inequalities at https://brainly.com/question/24372553
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please help due soon!!! will mark brainlyist if right
Answers
Step 1: Find the slant height
10^2 + 28^2 = c^2
884 = c^2
c = [tex]\sqrt{884}[/tex]
Step 2: Find the lateral area
LA = pi * radius * slant height
LA = pi * 10 * [tex]\sqrt{884}[/tex]
LA (rounded to the nearest tenth) = 297.3pi in^2
Step 3: Find the area of the base circle
A = pi * r^2
A = pi * 10^2
A = 100pi in^2
Step 4: Add the areas together
SA = 297.3pi + 100pi
SA = 397.3pi in^2
Hope this helps!! :)
A 17-foot ladder is leaning against a building. The base of the ladder is 8 feet
from the base of the building. The side of the building and the ground form
a right angle as shown.
Enter the distance between the ground and the top of the ladder, x, in feet.
Answers
Answer:
Pythagorean theorem:
x^2 = 17^2 - 8^2
x^2 = 225
x = sqrt(225) = 15
The distance is 15 ft
Answer:
Solution given:
base=8ft
hypotenuse=17ft
perpendicular=?
By using Pythagoras law
hypotenuse ²=perpendicular ²+base²
17²=perpendicular ²+8²
perpendicular ²=17²-8²
perpendicular=[tex]\sqrt{225}=15[/tex]
the distance between the ground and the top of the ladder, x is 15ft.Select the correct answer. (And pls no link)
Compare the two functions.
f(x)= 1/50(3)^x
g(x)=1/5x^2
Answers
Answer:
20 is right
Step-by-step explanation:
to easy I know maths
Answer:
When your comparing the two functions.
F(x)= 1/50(3)^x
G(x)=1/5x^2
When you compare it i think it would be C
PLEASE DONT QUOTE ME ON THIS
Step-by-step explanation:
PLEASE HELP ME!!! ILL GIVE BRAINLIEST IF ITS RIGHT
Answers
Answer:
266.386
Step-by-step explanation:
im not shore if its right, i used a surface area calculator
Answer:
56ft
Step-by-step explanation:
Surface area is adding up all the sides multiplied by 2, so:
8 x 2 = 16ft
8 x 2 = 16ft
12 x 2 = 24ft
24ft + 16ft + 16ft = 56ft
ANSWER ASAP TEST IN ONLY 45 MINUTES
Simplify the expression. 5 + 5(x – 4) – 7x
a) 2x + 25
b) -2x - 25
c) -2x - 15
d) 2x + 15
Answers
Answer:
-2x-15
Step-by-step explanation:
Answer: C. -2x-15
Step-by-step explanation: 5 + 5(x – 4) – 7x
5(x-4)-7x+5
(5x-5×4)-7x+5
5x-20-7x+5
5x-7x-20+5
-2x-15
What strategies do you use when measuring the volume of a rectangular prism? Share your thinking using 2-3 sentences.
Answers
you wanna know my strategy? I grab a hammer, smash the rectangular prism open, and drink its insides and see how much my stomach fills. EZ.
PLEASE HELP ME! WILL MARK BRAINLIEST
Answers
Answer:
THE SECOND ANSWER
Step-by-step explanation:
A car is 160 inches long. A truck is 75% longer than the car.
How long is the truck?
Answers
solve for x rounding to nearest tenth
Answers
here’s a photo with the work if that helps at all :)
If your Gross Pay for a week at work is $340, and you have to pay 23% in taxes, what is your Net Pay (what you take home)?
Answers
Answer:
$261.80 Net pay
Step-by-step explanation:
340 x 0.23 = $78.20 in taxes
$340 - $78.20 = $261.80 Net pay
Answer:
$261.8 Is how much you take home.
Step-by-step explanation:
(* is multiply)
In order to find the percentage of a value, you multiply the value by the percent. Think of 100% as a scale of 1 to 0.00, since 100% of something has all of it's value, so 50% would be 0.5
23% of 340 is 78.2 ( 340 * 0.23)
Subtract 340 by 78.2, and you get your net pay, 261.8
Another way to do this is subtract 100% by 23%.
so 1 - 0.23= 0.77, which is how much percent of that pay you get to keep
so 340 * 0.77 = 261.8
anong uri ito ng NGO/PO?
Answers
[tex]_____________________________________[/tex]
ANSWER:Ang uri ng NGO/PO ay isang magagalang na salita saating bansa at ito ay dapat gamitin sa mga nakakatanda saatin upang sa paggalang.Akala ko ako lang Pilipino dito
[tex]_____________________________________[/tex]
꧁____YunaKoharuChan____꧂Solve the system of equations and choose the correct answer from the list of options.
d + e = 1
- d + e = - 5
Label the ordered pairs as (d,e)
1) (0,0)
2) (3, -2)
3) (-2, 3)
4) (-3, 0)
Answers
Answer:
2) (3, -2)
Step-by-step explanation:
d + e = 1
- d + e = - 5
__________+
0 +2e = -4
e = -4/2 = -2
d = 1-(-2) = 3
so, (d, e) => (3, -2)
what is the answer to my problem
Answers
I NEED AN ANSWER ASAP PLEASE!!!
Answers
Answer:
40% properties are Semi-detached
Step-by-step explanation:
Given,
Percentage of Bungalow = 10%
Percentage of Detached properties = 30%
Percentage of Apartments = 20%
∴Total percentage of properties deducting the semi-detached properties
= (10 + 30 + 20) %
= 60%
∴ Percentage of semi detached properties = (100 - 60) %
= 40%
So, 40% properties are Semi-detached.
Determine the missing side length of the triangle please and thank you!
Answers
Answer:
90
Step-by-step explanation:
It is a right angle
Answer:
8.944
Step-by-step explanation:
Use the Pythagorean theorem to find the unknown side.
[tex]a^{2} +b^{2} =c^{2} \\x^{2} +8^{2} =12^{2} \\x^{2} = 12^{2} -8^{2}\\x=8.944[/tex]
Can someone help me with this please
Answers
Answer:
x = 61
Step-by-step explanation:
These 2 angles are supplementary which means they add up to 180:
2x - 6 + x + 3 = 180
3x - 3 = 180
3x = 183
x = 61
There are 64 students in a class. 40 of them passed in Mathematics, 32 passed in Science and 15 passed in Mathematics as well as Science. How many students were unsucessful in both subjects ? (with process)
Answers
Answer:
7 students
Step-by-step explanation:
64 - (40+32-15) =
64 - (72-15)=
64-57 = 7
Determine the volume of a cube with a side length of 3 2/3 cm.
Answers
Answer:
The volume would be 27
Hope this helps!
Brainliest??
The following pie chart represent the number of valid votes by four students the total no of voters is 720. A) who has won and by how many votes B) who got the minimum c) how man votes are obtained
Plz hurry plz I need urgently
Answers
Answer:
I only know this much.....
A) Deepthi has won the election.
B) Rashmi got minimum number of votes.