Mathematics, 31.03.2020 21:52 Tori122367
(8 points) Juan is purchasing a $130000 house. The down payment is 15% of the price of the house.
He is given the choice of two mortgages:
(Express all answers rounded correctly to the nearest cent!)
a) a 25-year mortgage at a rate of 6.95%.
Find
() the monthly payment: $
(ii) the total amount of interest paid: $
b) a 15-year mortgage at a rate of 6.95%.
Find
(The monthly payment: $
(ii) the total amount of interest paid: $
If you haven't answered the question correctly in 3 attempts, you can get a hint.
Note: You can earn partial credit on this problem.
Submit Answers
Show me another
nar
Answers: 2
Mathematics, 21.06.2019 14:30
Which system of linear inequalities is represented by the graph?
Answers: 2
Mathematics, 21.06.2019 19:00
You earn a 12% commission for every car you sell. how much is your commission if you sell a $23,000 car?
Answers: 1
Mathematics, 22.06.2019 00:00
Which diagram shows lines that must be parallel lines cut by transversal?
Answers: 3
Mathematics, 22.06.2019 02:20
The diagram shows a cuboid abcdefgh abcd is a square with area 25cm². find the volume of the cuboid.
Answers: 3
(8 points) Juan is purchasing a $130000 house. The down payment is 15% of the price of the house.
Social Studies, 31.08.2020 01:01
Biology, 31.08.2020 01:01
Business, 31.08.2020 01:01
English, 31.08.2020 01:01