Answer:
I think the answer is $40,000
Step-by-step explanation:
Answer:40,000
Step-by-step explanation:
What is lifetime cap?
Answer:
What is a life cap?
A life cap, or lifetime cap or rate cap, is the maximum amount that a borrower’s interest rate can increase over the term of the loan. The life cap represents either a total absolute rate or percentage change in the rate.
Deeper definition
Adjustable-rate mortgages (ARMs) usually come with a series of caps that limit how much interest can be charged to the borrower after the fixed-interest period ends. The initial adjustment cap limits the change in interest for the first time rates are adjusted, and there are subsequent, or periodic, interest caps to cover upcoming changes in the interest rate.
Life caps limit how much interest the lender can charge over the term of the entire term. Usually expressed as an absolute percentage, or a change in percentage, life caps may differ between lenders but should be spelled out in the loan agreement.
Lifetime caps represent the highest rate at which interest can be charged. However, ARM interest rates can actually decrease after the fixed-interest period. Additionally, lifetime caps don’t affect other costslike transaction and late fees, which are factored along with the interest rate into the annual percentage rate (APR).
Wondering how a life cap will affect your payments? Use Bankrate’s mortgage calculator to find out how much you’ll owe.
Life cap example
James acquired a loan from a bank with 7 percent as the initial interest rate. The bank allows adjustments every three months, but has a life cap of 3 percent. Therefore, the maximum interest rate Jack will ever have to pay is 10 percent.
There you go
Answer: A) A limit on how much an ARM's interest rate can change over the
life of a mortgage.
Step-by-step explanation: took the quiz.
pls help me fastttt
Answer:
its D
Step-by-step explanation:
mark the brainiest
What is the value of x?
26°
x =
= [?]
Answer:
154°Step-by-step explanation:
The central angle and the angle between the tangents are supplementary, so
x + 26° = 180° ( subtract 26° from both sides )
26 - 26 = 0
180 - 26 = 154
x = 154°
what is the equivalent expression of 12d4
Answer:
2 same as question
Step-by-step explanation:
What is the following product
Answer:
6 (square root )432 (option 3)
Step-by-step explanation:
Answer:
Step-by-step explanation:
⁶√(432)
DeAndre
drinks 15 ounces of water, which is 3/5
of his bottle.
Write an equation to represent the total amount of water
in DeAndre's bottle? Some one please help!
Answer:
25 ounces of water
PLS ANSWER FAST 15POINTS ❗️❗️❗️❗️❗️❗️
Answer:
300 cubic meters
Step-by-step explanation:
Volume of a Rectangular pyramid:
V = (lwh)/3
Given:
l = 10
w = 10
h = 9
Work:
V = (lwh)/3
V = (10 * 10 * 9)/3
V = 900/3
V = 300
Answer:
300m^3
Step-by-step explanation:
edge 2020
p.s. pls mark brainliest, and have a good day! :)
which statements are true select each correct answer
Misty owes the bank $32. She gets $45 for her birthday and deposits it into her account. How much does she
now have in the bank?
Answer:
she has 13 dollars left
Step-by-step explanation:
simple math of subtraction. 45 - 32 = 13
13 goes into her account after paying her debt to the bank
What is the greatest common factor of 36x^3-
9x² +18zy^2??
Answer:
9.
Step-by-step explanation:
The GCF of 36, 9 and 18 = 9
The GCF of x^3, x^2 and zy^2 = 1
So the answer is 9 * 1.
Answer:
9
Step-by-step explanation:
i
el numero que exede a n en 18
Answer:
Pero que numero es n?
Step-by-step explanation:
y=kx k=-4 and x= 5/6. find the value of y
Answer: y= 13
Heart if it helped
Brain if im cool
The hanger image below represents a balanced equation.
Write an equation to represent the image.
Answer:
there is no image
Step-by-step explanation:
Theres no image.........
Graph a line with a slope of 3/4 that contains the point (2,-3).
Answer:
Start at the y-intercept (0, -4.5) and then use rise over run (Up 3 and right 4)
Step-by-step explanation:
y - y1 = m(x - x1)
y + 3 = 3/4(x - 2)
y + 3 = 3/4x - 3/2
y = 3/4x - 9/2
find the probability that the pitcher will throw exactly 4 pitches
Answer:
[tex]\frac{3}{20}[/tex] = 0.15
Step-by-step explanation:
15 + 20 + 40 + 15 + 10 = 100
[tex]\frac{15}{100} = \frac{3}{20}[/tex] = 0.15
not sure about this one
Answer:
last one
Step-by-step explanation:
What’s the answer to this problem
Answer:
2
Step-by-step explanation:
It’s not real
If you purchased 450 shares of Apple stock 3 years ago for $112.30 per share and you paid 4%
commission for the purchase. How much was the total purchase cost you?
Answer: $52556.40
Step-by-step explanation:
Price per share = $112.30
Number of shares = 450
Cost of the shares = 450 × $112.30 = $50535
Since there is a 4% commission, the total cost of the purchase will be:
= $50535 + (4% × $50535)
= $50535 + (0.04 × $50535)
= $50535 + $2021.40
= $52556.40
Please help! Will give Brainliest!
you want to insert a fill color into a worksheet. what is the first step . Plzz help I’m literally stuck
Jon is taking a 625 mile trip. On the first day, he drove 183 miles.
How many more miles does he have to drive?
Answer:
442
Step-by-step explanation:
625-183=442
The more miles he have to drive is 442miles.
We have given that,Jon is taking a 625 mile trip.On the first day, he drove 183 miles.
We have to find the how many more miles does he have to drive.
What is the formula for the total miles drive?Total distace mile drove =mile drove first day+Remaining drove in miles
So we can write it as,
Total distance miles-Miles drove first day= Remaining miles
Total distance=625
first day distance=183
Remaining distance
=625-183
=442
Therefore the remaining distance is 442miles.
To learn more about the distance visit:
https://brainly.com/question/23848540
Question 2: Calculate the surface area of this net (remember to include your unit of
measure which is always squared with area)
3"
3"
3"
3"
3"
3"
3"
Answer Section:
Answer:
2,187
Step-by-step explanation:
If you multiply the 3s together it is 9 to the power of 3 x3 so it would be 729x3
This equals 2,187
What is the radius of the cone in the diagram? Round your answer to the nearest whole number.
Answer:
4
Step-by-step explanation:
Solve each problem and answer the question.plz help me
pls help me get this answer I need it quick
Answer: 6
Step-by-step explanation:
Pythagorean Theorem
Answer:
6
Step-by-step explanation:
the 2 shortest legs squared and added together is the same as the longest leg squared
100-64=36 ([tex]10^{2}[/tex]-[tex]8^{2}[/tex]=36)
[tex]\sqrt{36}[/tex] is 6 (36÷6=6)
the equations are in parentheses and bolded, italicized, and underlined
hope this helps
Please I beg you help me.
If a baseball is projected upward from ground level with an initial velocity of 32 feet per second, then its height is a function of time, given by s = - 1612 +32t.
What is the maximum height reached by the ball?
The maximum height should be approximately 50.37 feet
Kylie and her three friends equally divided the cost to rent a movie for $4 and order sandwiches for a total of $15. They also have a coupon for $3 off the sandwiches. Evaluate to find the cost each person will pay.
Also the first person to answer gets brainlest :)
Answer:
4
Step-by-step explanation:
4+15-3=16 (the total amount plus coupon)
16/4=4 (divided by 4 to find out how much each friend pays)
(x² + 6x − 16)(x − 2) = ax³ + bx² + cx + d
What is the value of c/b?
Select one:
A. 8
B. 7
C. -7
D. -8
ABCD is a rectangle with angleBAC =32 and find angleDBC
Answer:
Angle BAC= Angle DBC ( vertically opposite angels are equal)
Therefore, Angle DBC = 32 degree
Step-by-step explanation:
I hope it is correct.
The measure of two angles of a triangle are 45 and 50. What is the measure of the third angle?
A) 45
B) 75
C) 85
D) 95
Answer:
C) 85
Step-by-step explanation:
45+50=95
180-95=85