Use Estimation to Select the Best Response

question 31

Multiple Choice

Use estimation to select the best response. Do not calculate. A $49,000 30-year loan at
10% + 1.5 points + $150 origination fee
Would require what monthly income for the buyer?

• A) $4,000
• B) $13,750
• C) $425
• D) $1,250
• __________ (A, B, C or D)

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Definitions:

Gametes

Reproductive cells (such as sperm and egg) with half the usual number of chromosomes, capable of fusing with another to form a new organism.

Placenta

A conduit between the mother and fetus, providing nourishment and oxygen via the umbilical cord.

Amniotic Sac

A fluid-filled sac that surrounds and protects the fetus in the womb, providing a safe environment for the fetus to grow and develop.

Ectoderm

The outermost layer of cells in the early embryo, which develops into the nervous system, skin, and hair.