A mortgage on a house worth $350,000 requires what down payment to avoid PMI insurance?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
Down payment calculated as follows 350000 ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial Markets And Institutions
ISBN: 978-0132136839
7th Edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
Question Posted:
Students also viewed these Finance questions
-
A property worth $35 000 is purchased for 10% down and payments of $2100 at the end of every 6 months for 12 years. What is the nominal annual rate of interest compounded semi-annually?
-
A property worth $35 000 is purchased for 10% down and semi-annual payments of $2100 for 12 years. What is the nominal annual rate of interest if interest is com- pounded quarterly?
-
A lease agreement valued at $33 000 requires payment of $4300 every three months in advance. The payments are deferred for three years and money is worth 10% compounded quarterly. (a) How many lease...
-
is an acute angle such that tan() =1/3. What is the value of 1010. (sin + cos)? 3.
-
We can define a one-to-one correspondence between the elements of Pn and Rn by p(x) = a1 + a2x + . . . + anxn-1 (a1, . . . , an)T = a Show that if p a and q b, then (a) p a for any scalar a. (b)...
-
Consider the problem of a semi-infinite fluid subject to a constant shear at the interface. This can be caused, for instance, by a surface-tension gradient. Show that the following differential...
-
Draw a relative frequency histogram for the frequency distribution in Example 2. Data from Example 2 Using the frequency distribution constructed in Example 1, find the midpoint, relative frequency,...
-
Here is the ledger for Keisler Co. Instructions (a) Reproduce the journal entries for only the transactions that occurred on October 1, 10, and 20, and provide explanations for each. (b) Prepare a...
-
A European call with strike $58 and expiry in three months trades at $3. A put is offered on the same underlying with the same strike and expiry, for $1.50. The annual default-free discount rate is...
-
Look again at the example in Figure. The R&D team has put forward a proposal to invest an extra $20 million in expanded phase II trials. The object is to prove that the drug can be administered by a...
-
Two mortgage options are available: a 30-year fixed-rate loan at 6% with no discount points, and a 30-year fixed-rate loan at 5.75% with points. If you are planning on living in the house for 12...
-
Consider a shared-appreciation mortgage (SAM) on a $250,000 mortgage with yearly payments. Current market mortgage rates are high, running at 13%, of which 10% is annual inflation. Under the terms of...
-
The formula for shallow-water wave propagation speed, Eq. (10.9) or (10.10), is independent of the physical properties of the liquid, i.e., density, viscosity, or surface tension. Does this mean that...
-
A firm is financed 35% by common stock, 10% by preferred stock, and 35% by debt. The required return is 15% on the common, 10% on the preferred, and 8% on the debt. If the tax rate is 21%, what is...
-
Predator Company is considering the acquisition of Prey Company at a cash price of $60,000. Predator has liabilities of $90,000. Prey has a large machine that Predator needs; the remaining assets...
-
y = f(x). Find f(4) 6 8. -10- -12- 12- 10-
-
On June 1, 2021, Blossom Manufacturing acquired a machine for $155000 with an estimated useful life of five years and an estimated residual value of $12600. The company uses the...
-
A firm has just paid a dividend of $1.8 per share. The dividend is expected to grow at 10.4% per year for two years and then grow at a constant rate of 2.6% per year in perpetuity. The cost of equity...
-
A core issue is one that clearly involves the approval or disapproval of a creditors claim. True/False
-
From a medical tourist perspective, compare Shouldice with the traditional hospital in terms of the key factors of competition. Using Table 15-3, why would Shouldice attract patients from outside the...
-
In early Anglo-Saxon times, a. blood was offered to heal injured clan pride. b. there was great emphasis placed on issues of fault and blameworthiness. c. even remote causal connections were...
-
A bank has a balance sheet as shown below. At the beginning of the month, the bank has $ 15,141,000 in its loan portfolio and $ 183,000 in the allowance for loan losses. During the month, management...
-
Megalopolis Bank has the following balance sheet and income statement. For Megalopolis, calculate: a. Return on equity b. Return on assets c. Asset utilization d. Equity multiplier e. Profit margin...
-
Dudley Bank has the following balance sheet and income statement. For Dudley Bank, calculate: a. Return on equity b. Return on assets c. Asset utilization d. Equity multiplier e. Profit margin f....
-
For each ordered pair, determine -6x+7y=2 7x-4y=6 a solution to the system of equations.
-
Review the meaning of the concepts or terms given in Key Terms and Concepts. Distinguish between a production department and a service department. Distinguish between a direct cost and an indirect...
-
What would you like the members of your learning community to know about your global health interests, perspectives, and life experiences? How will you prepare to listen and learn from others? Why...
Study smarter with the SolutionInn App