Mathematics, 29.04.2021 06:20, krystalhurst97
Ten years ago the Jacksons bought a house, taking out a 30 year mortgage for $220,000 at 6.75%.
This year (exactly 10 years later) they refinanced the house, taking out a new 30 year mortgage for
the remaining balance at 4.125%.
a. What was the monthly payment on the original 6.75% mortgage?
b. What was the remaining balance after 10 years (the amount they then refinanced)?
c. How much interest did they pay during those first 10 years?
d. What is the monthly payment on the refinance 4.125% mortgage?
e. How much interest will they pay over the 30 year term of the refinance?
f. How much total interest will they pay over the full 40 years the Jacksons have a loan for the
house?
Answers: 3
Mathematics, 21.06.2019 18:30, latinotimo7643
Use the four functions below for this question. compare and contrast these four functions using complete sentences focus on the slope and y- intercept first, and then on any additional properties of each function
Answers: 3
Mathematics, 21.06.2019 20:00, stonerbabyy
Someone answer asap for ! the boiling point of water at an elevation of 0 feet is 212 degrees fahrenheit (°f). for every 1,000 feet of increase in elevation, the boiling point of water decreases by about 2°f. which of the following represents this relationship if b is the boiling point of water at an elevation of e thousand feet? a. e = 2b - 212 b. b = 2e - 212 c. e = -2b + 212 d. b = -2e + 212
Answers: 1
Ten years ago the Jacksons bought a house, taking out a 30 year mortgage for $220,000 at 6.75%.
Th...
Mathematics, 05.02.2020 02:53
Mathematics, 05.02.2020 02:53
Mathematics, 05.02.2020 02:53