Business, 03.04.2020 17:58 aa1000220

Use the following amortization chart: Selling price Down Principal Rate of Years Payment Monthly mortgage of home payment (loan) interest per $1,000 payment $ 97,000 $ 4,000 $93,000 5% 30 $ 5.37 $ 499.41Assume the interest rate rises to 7%. What is the total cost of interest with the new interest rate? (Use Table 15.1). (Do not round intermediate calculations. Round your final answer to the nearest dollar amount.)

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Business, 22.06.2019 10:00

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Use the following amortization chart: Selling price Down Principal Rate of Years Payment Monthly mor...

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