anonymous
  • anonymous
Which of the following payments is the same amount each time it is paid? A. Principal B. Property taxes C. PMI D. Interest
Mathematics
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SOLVED
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jamiebookeater
  • jamiebookeater
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skullpatrol
  • skullpatrol
What does "PMI" stand for?
anonymous
  • anonymous
i have noooo clue !!!
anonymous
  • anonymous
private morgage insurence

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anonymous
  • anonymous
thats what pmi stands for
anonymous
  • anonymous
see im dumb lol
anonymous
  • anonymous
no ur not;p i googled it!
anonymous
  • anonymous
that makes me feel beter we now have 2 dumb people in the room lol
skullpatrol
  • skullpatrol
I would go with A because the principal of a loan doesn't change, but I'm guessing.
anonymous
  • anonymous
oh yeah! smartguy in da house ^^
skullpatrol
  • skullpatrol
It could be a lucky guess.
ParthKohli
  • ParthKohli
Skullpatrol is correct.
anonymous
  • anonymous
it was PMI
ParthKohli
  • ParthKohli
How do you say that? ^
ParthKohli
  • ParthKohli
http://en.wikipedia.org/wiki/Lenders_mortgage_insurance Read here. It's not PMI.
anonymous
  • anonymous
the program said it was that lol
ParthKohli
  • ParthKohli
The program is wrong. :P
anonymous
  • anonymous
yeah it does that sometimes sucks i dont have a teacher to help me lol
skullpatrol
  • skullpatrol
Well the question does ask for a "payment" so that means a regular payment and that would rule out the principal. But the others could increase, unless your PMI is a contract with a fixed rate.
ParthKohli
  • ParthKohli
But I pay my principal every month. She asks for school fee.
skullpatrol
  • skullpatrol
Like I said I'm just guessing I'm not into business...

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