Mathematics
Mathematics, 04.12.2020 02:20, alyssamaize

U Use PMT = nt to determine the regular payment amount, rounded to the nearest dollar. The price of a small cabin is $80,000. The bank requires a 5% down payment. The buyer is offered two mortgage options: 20-year fixed at 6.5% or 30-year fixed at 6.5%. Calculate the amount of interest paid for each option. How much does the buyer save in interest with the 20-year option? Find the monthly payment for the 20-year option. S (Round to the nearest dollar as needed.)

answer
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 15:00, lawhd8700
What are the coordinates of the point is 1/4 of the way from a (-6, -3) to b (6, 1)? a. (-3, -2) b. (0, -2) c. (-1, 0) d. (3, 2)
Answers: 1
image
Mathematics, 21.06.2019 15:10, Remba
5x + 2 = 12 solve the following equation. then place the correct number in the box provided.
Answers: 2
image
Mathematics, 21.06.2019 15:20, kuehlthau03
Which is the equation of an ellipse with directrices at x = ±4 and foci at (2, 0) and (−2, 0)?
Answers: 3
image
Mathematics, 21.06.2019 17:00, Uc34758
Which simplifys to a+ b? a-(1-b)+1 -(1-a)-b+1 (a--1) -1)+1
Answers: 1
Do you know the correct answer?
U Use PMT = nt to determine the regular payment amount, rounded to the nearest dollar. The price of...

Questions in other subjects: