Don is buying a home for $190,300. he is making a 30% down payment and financing the rest with a 15-year loan at 5.75% interest. what will his monthly mortgage payment be?
a. $1106.18
b. $1124.16
c. $1304.28
d. $1580.25

Option A- $1106.18.

Step-by-step explanation:

Given : Don is buying a home for $190,300. He is making a 30% down payment and financing the rest with a 15-year loan at 5.75% interest.

To find : What will his monthly mortgage payment be?

Solution :

There is a 30% down payment

So, Amount financing

Formula of monthly payment  :

Monthly payment,  

Discount factor  

Where, Amount = $133210

Rate r= 5.75%=0.0575

Time = 15 years  

Now, put all the values we get,  

Monthly payment,  

Therefore, Option A is correct.

The Monthly payment is $1106.18.

f(x) = x^3 -2x^2 -3x

x( x^2 -2x-3)

x( x^2 +x -3x -3)

x( x(x+1) -3(x+1))

x( x-3)( x+1)

so zeroes are 0, 3,-1

its (2) option