Define
Mortgage
If Emily pays 15% of the total $160,000 as a down payment, how much does she pay?
$24,000
Chandler is building a blanket fort and he wants to know how many blankets he needs to get to cover the floor of his fort. The fort shape is a pentagon. The sides are 10 ft and the apothum is 11ft. How many feet of blanket will he need?
pentagon= 5 sides
Area= 1/2(P)(a) P= 10x5=50 a=11
Area=1/2(50)(11) =275 ft2
Rent: 790
Application fee: 5% of rent
Credit fee: $25
Security Deposit
Last months rent
Broker fee: 7% of years rent
How much will it cost Jessica to move in?
2370
39.5
25
663.6=$3,098.10
Security Deposit
When moving in to a new place the landlord asks for a security deposit to pay for any damages when you move out.
If Carrie pays 26% of the total $260,000 as a down payment, how much does she pay?
$67,600
Tamajin is building a gazebo that is shaped like an octagon. Each side is 8 ft and has an apothum of 9.5 feet. How many feet is the flooring of his gazebo?
Octagon= 8 sides
8 x 8 = 64 ft
Area=1/2(64)(9.5) =304 ft2
Rent: 820
Application fee: 4.1% of rent
Credit fee: $26
Security Deposit
Last months rent
Broker fee: 6% of years rent
How much will it cost Jordan to move in?
2460
33.62
26
590.40 =$3110.02
Down Payment
The money you pay upfront when buying a house. This says you are serious about buying the house.
Noah is buying a house that cost $250,000. It has an APR of 4% and is a 15 year mortgage. How much is his monthly payment for a 30 day month?
250,000 x .04=10,000
10,000 /365=27.40
27.40 x 30 = 822
Tamajin is building a gazebo that has a flooring of 304 ft2. Each floor board cost $2 and is 4 feet by 1 foot, how many floor boards will he need? How much will it cost?
4 x 1= 4
304/4=76
76 x 2= $152
Rent: 1,200
application fee: 6.2% of rent
Credit fee: $30
Security Deposit
Last months rent
Broker fee: 4.2% of years rent
How much will it cost Taryn to move in?
3600
74.4
30
604.8 =$4,309.20
Tenate:
Landlord:
:the person who rents
:the person who owns the building that is rented
Riley is buying a house that cost $300,000. He paid 15% as a down payment. The house has an APR of 3.7% and is a 20 year mortgage. How much is his monthly payment for a 30 day month?
300,000 x .15 = 45,000 300,000-45,000=255,000
255,000 x .037=9,435
9,435/365=25.85
25.85 x 30=775.48
Natalie is building a rabbit house. Each side is 7.1 ft and the apothum is 9.1 feet. How much flooring will she have to get?
The flooring cost $3.50 for every 3 feet. How much did she spend?
5 x 7.1 =35.5
Area= 1/2(35)(9.1) =159.25 ft2
159.25/3 =53.08
53.08 x 3.5 =$185.78
Rent: 1,211
Application fee: 7.1% of rent
Credit fee: $41
Security Deposit
Last months rent
Broker fee: 5.1% of years rent
How much will it cost Nate to move in?
3633
85.98
41
741.13 =4,501.08