Mathematics, 19.05.2021 02:30 emmacox069
A loan used for buying a home is called a mortgage. The Fortunato family is borrowing $430,000 to buy a home. They are taking out a 30-year mortgage at a rate of 3.55%
a. Compute the monthly payment to the nearest cent. 54,240.27
b. Find the total of all of the monthly payments for 30 years.
c. What is the total interest?
d. Which is greater, the Interest or the original cost of the home? Select
Answers: 2
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A loan used for buying a home is called a mortgage. The Fortunato family is borrowing $430,000 to bu...
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