The most Brendan can afford to pay per year in mortgage payments is $10,500, and his credit score is currently 544. According to the following table for a $150,000 mortgage, by how many points would he need to improve his credit score in order to take a mortgage for $150,000? FICO Interest Monthly Score Rate Payment 720-850 700-719 675-699 620-674 560-619 500-559 5.59% 5.71% 6.25% 7.40% 8.53% 9.29% $860 $872 $924 $1039 $1157 $1238 O A. 16 points B. 156 points C. 76 points D. 131 points​

Answers

Answer 1

Answer:

B. 156

Step-by-step explanation:

Answer 2

Brendan would need to improve his credit score by 75 points to qualify for a $150,000 mortgage with a monthly payment of $875 or less.

We have,

To determine Brendan's interest rate and monthly payment for a $150,000 mortgage, we need to find which range his FICO score falls in.

From the table, we see that his score of 544 falls in the range of 500-559, which corresponds to an interest rate of 9.29% and a monthly payment of $1238.

Next, we can use the mortgage payment of $10,500 per year to determine the maximum monthly payment Brendan can afford.

i.e

$10,500 per year / 12 months

= $875 per month

Since this amount is less than the monthly payment for the 500-559 FICO score range, Brendan would need to improve his credit score to qualify for a $150,000 mortgage.

To determine how many points he needs to improve, we can look at the next lowest interest rate and payment in the table, which corresponds to a FICO score range of 560-619.

The monthly payment for this range is $1157, which is below Brendan's maximum payment of $875.

So, he needs to improve his credit score to fall into this range.

To determine how many points he needs to improve,

we can subtract the minimum FICO score in the 560-619 range (560) from his current FICO score (544), and then add that difference to the maximum FICO score in the 560-619 range (619).

i.e

(619 - 560) + (560 - 544)

= 59 + 16

= 75

Therefore,

Brendan would need to improve his credit score by 75 points to qualify for a $150,000 mortgage with a monthly payment of $875 or less.

Learn more about credit scores here:

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Related Questions

2
Multiply: 3 x 4.
2 3.
A) 4
1
B) 8
6
C 12
3
1
D) 16

6

Answers

Answer:

12

Step-by-step explanation:

3×4=12

three multiply by four is equal to 12.

What number is ten less than 658?

Answers

Answer:

658-10=648

Step-by-step explanation:

subtract 10 from 658.

2. Which of the following quadrilaterals have 2 pairs
of parallel sides?
O square
O rectangle
O rhombus
O trapezoid
O parallelogram

Answers

Answer: all of the above

Step-by-step explanation:

The function V=25000\left(0.82\right)^tV=25000(0.82) t models the depreciation of the value of a new car that originally cost $\text{25,000}25,000. VV represents the value of the car and tt represents the time in years from the time the car was purchased. What is the value of the car after 6 years?

Answers

Answer:

V = 7,600.17

Step-by-step explanation:

Given:

V=25000(0.82)^t

Where,

V = value of the car

t = time in years

Find V when t = 6

V = 25,000(0.82)^t

= 25,000(0.82)^6

= 25,000(0.304006671424)

= 7,600.1667856

Approximately

V = 7,600.17

Set up an equation for the value of x.

Answers

Answer:

x = 27

Step-by-step explanation:

∠ GAF = 90° , then

x + 63 = 90 ( subtract 63 from both sides )

x = 27

Answer:

27

Step-by-step explanation:

Angle x and 63 are complementary angles forming 90

Therefore,

90 - 63 = x

27 = x

Can the two triangles be proven congruent? If yes, then by what method?

Answers

Answer:

the second answer choice

Step-by-step explanation:

there are two sides that are similar in size, and an angle, so it is SAS

- 1/2 + ( 3/4 x 4/9)

Answers

Answer:- 1/6

Step-by-step explanation:

-1/6






I just learned this!

can someone pls help

Answers

z = 13/9?? i don't really know hope i helped

Answer:

B) z = 1 4/9

Step-by-step explanation:

z - 7/9 = 2/3

z - 7/9 = 6/9

z (- 7/9 + 7/9) = 6/9 + 7/9

z = 13/9

z = 1 4/9

Please solve with explanation

Answers

Answer:

a. Simplify each term. 49/2+0

Add 49/2 and 0.

49/2

The result can be shown in multiple forms.

Exact Form:

49/2

b. Replace the variable a with −13 in the expression.

−(−1/3)²b²−3(−1/3)³b²

Replace the variable b with −1 in the expression.

−(−1/3)²(−1)²−3(−1/3)³(−1)²

Simplify each term. −1/9+1/9 = 0

Combine fractions. 0

Step-by-step explanation:

HOW DO I SOLVE THIS???!!

Answers

Answer:

K=32

Step-by-step ex

HELP ME!!! NO FLIES OR LINKS
find the length of the diagonals of rectangle QRST

Answers

Answer:

11:

since diagonal are equal of rectangle

QS=RT

4x+6=6x-4

6+4=6x-4x

2x=10

x=10/2

x=5

now

diagonal :4x+6=4*5+6=26

12.

again

QS=RT

9x+12=11x-10

12+10=11x-9x

2x=22

x=11

now

diagonal=9*11+12=99+12=111

Can someone pls help me find this is important

Answers

Answer:

x=90° and y=35°

Step-by-step explanation:

to get x and y first you must find the middle angles based on the information you have so:

35+90+n=180° solve for n to get what the middle angles are (since they are vertical angles they are equal) so the middle angles are both 55 degrees

and then 180-x=that angle that is also on the line with x so we'll call it k

so k+55+y=180°

we can see that y equals 35* because I noticed that those are parallel lines on the outside of the triangle so 35* and y angles are congruent and y =35°

now 35+55+k=180°

solve for the angle next to x which we called k and it is 90°

so x=90° and y=35°

after all this math I realized that if they are parallel lines then we can just use that to figure it out so use the properties to find out that x=90° and y=35°

need this to pass! please help

Answers

Answer:

452.39

Step-by-step explanation:

to find the surface area of a sphere all you need is the radius (half the diameter) and assuming the sphere touches both top and bottom that makes the radius 6 so your equation is

SA=4πr^2

SA=4*π*6^2

SA=4*π*36

SA=4*113.09

SA=452.389

then rounded up to 452.39, that is your answer

Find the Volume: 3.2 cm
7 cm
4.8 cm

Answers

v = 0.5*b*h*l
v = 0.5*4.8*3.2*7
v = 0.5*107.52
v = 53.76cm3

The area of a parallelogram is 125 square inches and the height of the parallelogram is 10 inches. What is the lenght of the base of the parallelogram?
18.75 inches
25 inches
6.25 inches
12.5 inches

Answers

Answer:

12.5 inches is the correct answer.

Step-by-step explanation:

I can bet you with brainliest post if it is correct mark me brainliest and wrong then spam me(;

Brainliest for correct answer! :)

Answers

Answer:

Mode: 44 (mode is biggest number)

Mean: 30 (the average between numbers)

Step-by-step explanation:

Calculating the Mean

44 + 43 = 87

25 + 8 = 33

87 + 33 = 120

120 + 30 = 150

150/5 = 30

please help me out i need it right now !!

Answers

x = 12

Step-by-step explanation:

From Pythagorean theorem,

x^2 + 9^2 = 15^2

or

x^2 = 225 - 81 = 144

x = 12

Write the augmented matrix for the system of linear equations. (Do not perform any row operations.)
{x − y + 3z = 3
{9x − 4y + z = −1
{3x + y = 0

Answers

Step-by-step explanation:

Write the system of equations as an augmented matrix. Then solve for x and y.

3x+y=-11

-9x-3y=33

Mary cut a wire into 7 equal pieces. The wire was originally 7.84 meters long. How long is each piece?

Answers

Answer:

Each piece is 1.12 meters long

Step-by-step explanation:

7 equal pieces = divide x by 7

equation: 7.84 / 7

Find the sum of the three expressions and choose the correct answer.

-2u3v + 5uv - 1

7u3v - 2u2v2

5u2v2 - uv + 6

5 u3v + 3 u2v2 + 4 uv + 5
5 u3v - 3 u2v2 + 4 uv - 5
-5 u3v - 3 u2v2 + 4 uv + 7

Answers

⫸ ANSWER ⫷

5 u³v + 3u²v² + 4 uv + 5 is the ans

HOPE IT HELPS YOU!!!!!!(:

Answer:

5 u³v + 3u²v² + 4 uv + 5

Step-by-step explanation:

Simplify this! ez points

Answers

Answer:

56.25

Step-by-step explanation:

56.25
because 7.5*7.5 is 56.25

A recent Algebra 2 quiz had scores that closely followed a normal distribution with a

mean of 80 and the standard deviation of 10. (Note: there was extra credit on this quiz)

O SD

JS

SO

SD

es

les

250

2 SD

-350

3 SD

orations

А B С D E F G

Using the given mean and standard deviation, label the normal curve shown above.

le Drive

pod

A=

BE

D

very Education

E=

F=

Answers

Answer: Your question is poorly written, the Normal Curve is missing attached is a free sketch of normal distribution curve

answer : attached below

Step-by-step explanation:

Given data :

Mean = 80

standard deviation = 10

for a Normal distribution curve to the right of the mean value is ; +10SD , +20SD, +30SD........ +250D while to the left is  -10SD , -20SD, -30SD....... -350D

At 3:00 AM, the temperature was 44 degrees. By 7:00 AM, the temperature had risen to 60 degrees. What was the average change in temperature in degrees per hour?

Answers

60-44=16
16/4hrs= 4deg per hour

Mark packed 1-inch cubes into a box with a volume of 96 cubic inches. How many layers of 1-inch cubes would it take to fill the box?

Answers

Answer:

4 approx.

Step-by-step explanation:

The number of layers of 1-inch cubes that Mark packed is determined by assuming that the larger box is also a cube.

let the N be the number of layers of 1-inch cubes that would it take to fill the box.

Since the larger box is also a cube

Therefore, 96 = N^3

N = (96)^(1/3)

N = 4√6

Therefore, there would be 4 layers of the 1-inch cube and some extra incomplete layer

Factor the following, I will give 5 stars and thanks.

Answers

Answer:

13) [tex]n=-3,-7[/tex]

14) [tex]b=-4,-8[/tex]

15) [tex]m=-7[/tex]

16) [tex]a=-5,-7[/tex]

Step-by-step explanation:

Does anybody know the answer to this question Im having lots of problems

Answers

Answer:     3^9

This is the same as writing [tex]3^9[/tex]

====================================================

How to get that answer:

The lowest height is 3^8, and the highest point is 3 times that value.

We can think of that second "3" as really 3^1. This is because x^1 = x for any real number.

Multiply 3^8 and 3^1 using the rule that a^b*a^c = a^(b+c). We add the exponents together.

Therefore, 3^8*3^1 = 3^(8+1) = 3^9

Side notes:

3^8 = 6,5613^9 = 19,683

Answer:

3^9

Step-by-step explanation:

3 * 3^8

3^1 * 3^8

3^1+8

= 3^9

A cone has a surface area of 200 pi square inches. If the radius of the
cone is 10 inches, find the length of the slant height.

Answers

Answer:

[tex]20\:\mathrm{in}[/tex]

Step-by-step explanation:

The lateral surface area of a cone is given by [tex]A=\pi r\ell[/tex], where [tex]r[/tex] is the radius of the base of the cone and [tex]\ell[/tex] is the cone's slant height.

Solving for [tex]\ell[/tex]:

[tex]200\pi=10\pi\ell,\\\ell=\frac{200\pi}{100\pi}=\boxed{20\:\mathrm{in}}[/tex]

*Note: It is implied that the surface area of 200 pi square inches is lateral surface area and not total surface area, because it is impossible to obtain a total surface area of 200 pi with a radius of 10 inches.

what is 423/6 as a mixed number

Answers

Divide to get 70.5

turn into fraction

70 5/10=

70 1/2

Answer:

70 1/2

Step-by-step explanation:

first you have to divide 423 into 6 and then the remainder is the fraction so the answer is 70 5/10 or 70 1/2, same thing

Solve the system of linear equations. Check your solution.
x+2y = 8
6x +9y = 39


(-14,-3)
(-2,-3)
(14,3)
(2,3)


Answers

Answer:

answer d... (2,3)

Step-by-step explanation:

goodluck man!

The answer would be (2,3)


??anyone wanna help plz give me a answer not a link and ty

Answers

Answer:

light blue

bbbbbbbbccccc i said and brainly wont just let me type the answer if im wrong sorry

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