Provide an appropriate response.A major advantage to using an escrow account is:
A. all of these apply to escrow
B. it assures the lending agency that property taxes and insurance will be paid in a timely fashion
C. the borrower is not required to include an amount for property taxes and insurance each month with their mortgage payment
D. the monthly mortgage payment will be reduced by the tax and insurance payment
Answer: B
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Calculate. Write answer in lowest terms.2
+ 4
A. 6
B. 7
C. 6
D. 6
Find the total monthly payment including taxes and insurance for the loan. Round to the nearest cent.
Amount of loan: $137,000Interest rate: 6%Term of loan: 25 yearsAnnual taxes: $2,139Annual insurance: $627
A. $924.75 B. $1,096.34 C. $1,155.25 D. $1,252.52
Find the absolute value of the complex number. Round your answer to two decimal places, if necessary.1 - 5i
A. 5.10 B. 26 C. 2.45 D. 3.24
Find the reference angle for 347.5°
What will be an ideal response?