Quantcast

A community for students. Sign up today!

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

x1xofxaxkndx

  • 2 years ago

Which of the following payments is the same amount each time it is paid? A. Principal B. Property taxes C. PMI D. Interest

  • This Question is Closed
  1. skullpatrol
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 2

    What does "PMI" stand for?

  2. x1xofxaxkndx
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    i have noooo clue !!!

  3. ethompsonn
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    private morgage insurence

  4. ethompsonn
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    thats what pmi stands for

  5. x1xofxaxkndx
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    see im dumb lol

  6. ethompsonn
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    no ur not;p i googled it!

  7. x1xofxaxkndx
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    that makes me feel beter we now have 2 dumb people in the room lol

  8. skullpatrol
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 2

    I would go with A because the principal of a loan doesn't change, but I'm guessing.

  9. ethompsonn
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    oh yeah! smartguy in da house ^^

  10. skullpatrol
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 2

    It could be a lucky guess.

  11. ParthKohli
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    Skullpatrol is correct.

  12. x1xofxaxkndx
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    it was PMI

  13. ParthKohli
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    How do you say that? ^

  14. ParthKohli
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    http://en.wikipedia.org/wiki/Lenders_mortgage_insurance Read here. It's not PMI.

  15. x1xofxaxkndx
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    the program said it was that lol

  16. ParthKohli
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    The program is wrong. :P

  17. x1xofxaxkndx
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    yeah it does that sometimes sucks i dont have a teacher to help me lol

  18. skullpatrol
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 2

    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.

  19. ParthKohli
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    But I pay my principal every month. She asks for school fee.

  20. skullpatrol
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 2

    Like I said I'm just guessing I'm not into business...

  21. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Ask a Question
Find more explanations on OpenStudy

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...

23

  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.