Question

Which of the following payments is the same amount each time it is paid?







A.

Principal








B.

Property taxes








C.

PMI








D.

Interest

Answer 1

What does "PMI" stand for?

Answer 2

i have noooo clue !!!

Answer 3

private morgage insurence

Answer 4

thats what pmi stands for

Answer 5

see im dumb lol

Answer 6

no ur not;p
i googled it!

Answer 7

that makes me feel beter we now have 2 dumb people in the room lol

Answer 8

I would go with A because the principal of a loan doesn't change, but I'm guessing.

Answer 9

oh yeah! smartguy in da house ^^

Answer 10

It could be a lucky guess.

Answer 11

Skullpatrol is correct.

Answer 12

it was PMI

Answer 13

How do you say that? ^

Answer 14

http://en.wikipedia.org/wiki/Lenders_mortgage_insurance Read here. It's not PMI.

Answer 15

the program said it was that lol

Answer 16

The program is wrong. :P

Answer 17

yeah it does that sometimes sucks i dont have a teacher to help me lol

Answer 18

Well the question does ask for a "payment" so that means a regular payment and that would rule out the principal. But the others could increase, unless your PMI is a contract with a fixed rate.

Answer 19

But I pay my principal every month.

She asks for school fee.

Answer 20

Like I said I'm just guessing I'm not into business...