Mathematics, 09.12.2020 03:40 fiorentinologan4
If you borrow $400,000 at an APR of 4% for 15 years, you will pay more per month than if you borrow the money for 30 years at 4%. However, you will pay much more in interest over the life of the loan. Answer the questions below (10 points):
a. What is the monthly payment on the 15-year mortgage, to the nearest cent? (Be sure to use Excel to calculate the monthly payment.)
b. What is the total interest paid on the 15-year mortgage?
C. What is the monthly payment on the 30-year mortgage, to the nearest cent?
d. What is the total interest paid on the 30-year mortgage?
e. How much more interest in paid on the 30-year loan?
Answers: 3
Mathematics, 21.06.2019 18:00
Clara schumann is buying bagels for her coworkers, she buys a dozen bagels priced at $5.49 a dozen. the bakery's cost for making the bagels is $2.25 per dozen. what is the markup rate based on selling price on a dozen bagels?
Answers: 1
Mathematics, 21.06.2019 20:00
Frank owns a $141,000 home, for which he has a 30-year mortgage in the amount of $700 a month. once he has paid off mortgage, how much will he have paid in investment? a. $111,000 b. $109,000 c. $120,000 d. $141,000
Answers: 1
Mathematics, 21.06.2019 21:10
See attachment below and find the equivalent of tan(∠qsr)
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Mathematics, 21.06.2019 21:30
Awater truck is filling a swimming pool. the equation that represents this relationship is y=19.75x where y is the number of gallons of water in the pool and x is the number of minutes the truck has been filling the pool.
Answers: 1
If you borrow $400,000 at an APR of 4% for 15 years, you will pay more per month than if you borrow...
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