A. 21 only B.22 only C.20 and 21 only D.21 and 22 only E.21,22,and 23
65. To obtain an FHA mortgage for $50,000 or more, the home buyer must have a down payment equal to 4 percent of the first $25,000 of the mortgage amount and 5 percent of the portion in excess of $25,000. At settlement the buyer pays a mortgage amount. What is the maximum FHA mortgage, if any, a buyer can obtain if the buyer has only $6,000 available for the down payment and insurance premium?
A. $62,500 B.$71,875 C.$78,125 D.$125,000 E. The home buyer cannot obtain an FHA mortgage.
66. A $550 donation to a community fund is to be divided among three organizations. The hospital is to get twice as much as the community recreation center and three times as much as the volunteer fire company. How much of the donation is to go to the community recreation center?
A.$50 B.$75 C.$100 D.$150 E.$200
67.
A. The quantity in Column A is greater.
B. The quantity in Column B is greater.
C. The two quantities are equal.
D. The relationship cannot be determined from the information given.
68.A certain holiday is always on the fourth Tuesday of Month X. If Month X has 30 days, on how many different dates of Month X can the holiday fall?
A. Four B.Five C.Six D. Seven E.Eight
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