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Mathematics, 18.07.2019 15:00 katherine78
Afamily wants to purchase a house that costs $165 comma 000. they plan to take out a $125 comma 000 mortgage on the house and put $40 comma 000 as a down payment. the bank informs them that with a 15-year mortgage their monthly payment would be $740.18 and with a 30-year mortgage their monthly payment would be $518.33. determine the amount they would save on the cost of the house if they selected the 15-year mortgage rather than the 30-year mortgage
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Afamily wants to purchase a house that costs $165 comma 000. they plan to take out a $125 comma 000...
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