The Bainters purchase the $150,000.00 home with a 20%
down payment, a 30-year mortgage, and an...
Mathematics, 31.03.2020 20:20, valeriegarcia12
The Bainters purchase the $150,000.00 home with a 20%
down payment, a 30-year mortgage, and an interest rate of 4.2%. Annual property taxes are $1920.00. Home insurance is $750.00 per year, which is to be placed into an escrow account.
What is the total first-year cost when renting the home?
A) 11,400.00
B) 900.00
C) 11,200.00
D) 10,800.00
Answers: 1
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