NaCl
Name:
Sodium Chloride
School:
House Of Wisdom /\
About:
-I'm here for helpful learning experience .
-I'm taking Advance Algebra With Financial Application
-I love to help other's.
- I GIVE OUT MEDALS *WARNING*
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Questions Asked
NaCl:
Group Title
Quinn wants to retire when she is 67 years old. She plans on investing $1,850 each quarter with an average annual return of 3.4% adjusted fo…
updated 10 months ago
No Medals Yet
Mathematics
NaCl:
Group Title
Jennilee made contributions to an IRA over the course of 40 working years. Her contributions averaged $5,000 annually. Jennilee was in the 3…
updated 11 months ago
3 replies
2 Medals
Mathematics
NaCl:
Group Title
Leah is a tourist arriving on the island of Trinidad. She exchanges 400 U.S. dollars for the local currency, Trinidad and Tobago dollars. If…
updated 11 months ago
No Medals Yet
Mathematics
NaCl:
Group Title
In terms of investing and saving for retirement, which is not sound advice?
Start investing as early as possible
…
updated 11 months ago
No Medals Yet
Mathematics
NaCl:
Group Title
*Financial Algebra * {Correct Me.}
updated 11 months ago
7 replies
No Medals Yet
Mathematics
NaCl:
Group Title
* Financial Algebra *
updated 11 months ago
2 replies
No Medals Yet
Mathematics
NaCl:
Group Title
Last year, Shelly purchased 63 shares of Stock A at $30 per share, 42 shares of Stock B at $39 per share, and a five-year $6500 bond with a …
updated 11 months ago
14 replies
2 Medals
Mathematics
NaCl:
Group Title
*Financial Algebra *
Gifford has an annuity that pays $125 at the beginning of each month. If the economy grows at a rate of 3.89% annuall…
updated 11 months ago
1 reply
No Medals Yet
Mathematics
NaCl:
Group Title
A bank offers three mortgages shown. Which mortgage(s) will have fixed payments for at least the first 5 years?
…
updated 11 months ago
1 reply
No Medals Yet
Mathematics
NaCl:
Group Title
How are a 30-year balloon mortgage with terms 30/5 and a 30-year 5% adjustable rate mortgage with terms 5/1 and a cap of 2/7 the same? How a…
updated 11 months ago
1 reply
No Medals Yet
Mathematics
NaCl:
Group Title
Im stuck ..
A mortgage is in the amount of $300,000. The origination fee is 0.7%, the intangible tax is 0.3%, and there are 2.3 discount …
updated 11 months ago
1 reply
1 Medal
Mathematics
NaCl:
Group Title
Bradley has purchased a home for $471,000. He made a 25% down payment and financed the remaining amount. The intangible tax is 0.5%. Which o…
updated 11 months ago
1 reply
1 Medal
Mathematics
NaCl:
Group Title
A bank charges 3.25 of a point for the origination fee on a mortgage of $500,000. What is the origination fee?
$325
…
updated 11 months ago
3 replies
2 Medals
Mathematics
NaCl:
Group Title
A house sold for $600,000. The mortgage on the house is $400,000. The documentary stamp tax on the deed is $0.50 per $100 or portion thereof…
updated 11 months ago
4 replies
No Medals Yet
Mathematics
NaCl:
Group Title
The seller of a property has paid $2,700 in property taxes for the year in advance. The closing date of the sale is December 24 and the buye…
updated 11 months ago
1 reply
1 Medal
Mathematics
NaCl:
Group Title
A bank charges 1.5 discount points on a loan of $237,500. What is the cost of the points?
$2,375.00
…
updated 11 months ago
3 replies
2 Medals
Mathematics
NaCl:
Group Title
*Financial Algebra*[Correct Me]{Work Shown}
Create your own scenario of purchasing a home and include the mortgage amount. Solve for each c…
updated 11 months ago
1 reply
No Medals Yet
Mathematics
NaCl:
Group Title
Becca is financing a house for $125,250. She has to pay $425 plus 1.25% for a brokerage fee.
How much are the mortgage brokerage fees?
…
updated 11 months ago
3 replies
2 Medals
Mathematics
NaCl:
Group Title
*Financial Algebra* {Correct Me]
Franklin is purchasing a home for $82,107 and is financing 80% of it. The documentary stamp tax on the d…
updated 11 months ago
14 replies
No Medals Yet
Mathematics
NaCl:
Group Title
Linda and Ralph have signed a contract to purchase a home. The closing date is April 27, and the buyer owns the property on the day of closi…
updated 11 months ago
No Medals Yet
Mathematics
NaCl:
Group Title
A bank advertises an adjustable rate mortgage with the following terms:
30 year 2/1 ARM at 6% with a 3/6 cap structure
…
updated 11 months ago
9 replies
No Medals Yet
Mathematics
NaCl:
Group Title
Mindy has a 20-year adjustable rate mortgage with a rate of 3.6% for the first 4 years. The monthly payment is $1,375.01. The amount of the …
updated 11 months ago
10 replies
No Medals Yet
Mathematics
NaCl:
Group Title
The seller of a property has paid $3,200 in property taxes for the year in advance. The closing date of the sale is December 15 and the buye…
updated 11 months ago
3 replies
1 Medal
Mathematics
NaCl:
Group Title
A bank offers three mortgages shown. Which mortgage(s) will have fixed payments for at least the first 6 years?
Fixed rate mortgage at 5%…
updated 11 months ago
41 replies
1 Medal
Mathematics
NaCl:
Group Title
*Financial Algebra * [Work Shown] {Correct Me}
A mortgage is in the amount of $600,000. The origination fee is 0.5%, the intangible tax i…
updated 11 months ago
1 reply
No Medals Yet
Mathematics
NaCl:
Group Title
* Advance Algebra *
updated 11 months ago
5 replies
1 Medal
Mathematics
NaCl:
Group Title
Help me :c
updated 11 months ago
10 replies
1 Medal
Mathematics
NaCl:
Group Title
A house sold for $400,000. The mortgage on the house is $300,000. The documentary stamp tax on the deed is $0.70 per $100 or portion thereof…
updated 11 months ago
12 replies
1 Medal
Mathematics
NaCl:
Group Title
A house sold for $400,000. The mortgage on the house is $300,000. The documentary stamp tax on the deed is $0.70 per $100 or portion thereof…
updated 11 months ago
No Medals Yet
Mathematics
NaCl:
Group Title
David is purchasing a home for $613,000. He makes a 10% down payment and obtains a 15-year fixed rate mortgage loan at 7% annual interest. H…
updated 11 months ago
4 replies
1 Medal
Mathematics
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