Mathematics
Mathematics, 18.09.2019 04:30, 20eppsj

Suppose you take out a 50-year $275 comma 000 mortgage with an apr of 6%. you make payments for 4 years (48 monthly payments) and then consider refinancing the original loan. the new loan would have a term of 10 years, have an apr of 5.7%, and be in the amount of the unpaid balance on the original loan. (the amount you borrow on the new loan would be used to pay off the balance on the original loan.) the administrative cost of taking out the second loan would be $1600. use the information to complete parts (a) through (e) below.
a. what are the monthly payments on the original loan?

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 12:40, jchidwic
An electronics manufacturer wants to know if customers would be interested in a detachable keyboard for their tables and if so, what the most important features would be. the manufacturer partners with an electronics store to include copies of the survey with every purchase at that store for one week. which of the following best explains why this random sample is unlikely to be a good representative sample of tablet owners' preferences for a detachable keyboard? a) one week is likely not enough time to get a large enough sample. b) most people won't bother to send in the survey, which is likely to skew the results c) there is no way to verify whether the responders to the survey actually own a tablet d) the survey is biased because it was conducted through an electronics store, not the general population
Answers: 2
image
Mathematics, 21.06.2019 19:00, doodles51
Use the quadratic formula to solve the equation. if necessary, round to the nearest hundredth. x^2 - 20 = x a. 5, 4 b. -5, -4 c. -5, 4 d. 5, -4
Answers: 2
image
Mathematics, 21.06.2019 19:00, kayranicole1
The weekly revenue for a company is r = 3p^2 + 60p + 1060, where p is the price of the company's product. what price will result in a revenue of $1200.
Answers: 1
image
Mathematics, 21.06.2019 19:30, ellarose0731
Hi, can anyone show me how to do this problem? 100 points for this. in advance
Answers: 2
Do you know the correct answer?
Suppose you take out a 50-year $275 comma 000 mortgage with an apr of 6%. you make payments for 4 ye...

Questions in other subjects:

Konu
Mathematics, 03.07.2020 22:01