Answered

In many cases, lenders allow homeowners to included their homeowners insurance premium with their monthly mortgage payment. Tim’s home is worth $279,500. If his homeowners insurance premium is $0.33 per $100, how much is added to his monthly mortgage payment for insurance?

A$7.69
B$76.86
C$92.35
D$922.35

User: The World Bank, the United Nations Development Program, and the International Monetary Fund

Aoffer loans to individual entrepreneurs in developed ...

Verified Answer :

meerkat18

The question ask to choose among the following choices that states or calculates how much is added to the monthly mortgage payment for insurance, and base on the question or problem and in my calculation, the answer would be in letter D. $922.35. I hope this would help

B is the correct answer


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