subject
Mathematics, 10.07.2019 04:20 Dragonfierz666

Q3. you expect to live in a house you are planning to own for 5 years, with a $300k loan. you could get a 3/1 arm amortized over 15 years at 3.9 %. suppose the expected interest rate of the arm for years 4 and 5 is 4.5% and 5.5% respectively. marr is 10% per year compounded monthly. what is your present cost (pc) of this loan option?
using the data from q3, what is the outstanding balance of the loan at the end of 5 years?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 14:10
What is the value of the digit 1 in the number 13?
Answers: 2
question
Mathematics, 21.06.2019 15:00
What are the relative frequencies to the nearest hundredth of the columns of the two-way table? a b group 1 102 34 group 2 18 14
Answers: 1
question
Mathematics, 21.06.2019 15:40
Jonathan pays $1.90 per pound for potatoes. he buys 8.3 pounds of potatoes. he determines that he will pay $15.77, before tax, for the potatoes. which best describes the reasonableness of jonathan’s solution? jonathan’s answer is reasonable because there are two decimal places in the factors and two in the product. jonathan’s answer is unreasonable because there are three decimal places in the factors and two in the product. jonathan’s answer is reasonable because is 16, and 16 is close to 15.77. jonathan’s answer is unreasonable because is 8, and 8 is not very close to 15.77.
Answers: 1
question
Mathematics, 21.06.2019 16:00
Graph the equation by plotting point x=2
Answers: 1
You know the right answer?
Q3. you expect to live in a house you are planning to own for 5 years, with a $300k loan. you could...
Questions
question
Mathematics, 08.03.2021 15:10
question
Mathematics, 08.03.2021 15:10
question
History, 08.03.2021 15:10
question
Mathematics, 08.03.2021 15:10
question
Mathematics, 08.03.2021 15:10
question
Mathematics, 08.03.2021 15:10
Questions on the website: 13722359