Andrew and Jackie Are Considering Taking Out a $400,000 Mortgage

question 175

Multiple Choice

Andrew and Jackie are considering taking out a $400,000 mortgage to buy a house.How much would they have to have for a down payment to not be required to buy PMI?

• A)$40,000
• B)$60,000
• C)$80,000
• D)$20,000

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Definitions:

Greenwashing

The practice of making misleading claims about the environmental benefits of a product, service, or company to present an eco-friendly image.

Environmentally-Friendly

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Entities that release pollutants or contaminants into the environment, causing harm to ecosystems and human health.

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The total amount of greenhouse gases emitted by an individual, organization, event, or product, usually expressed in equivalent tons of carbon dioxide (CO2).