Mathematics, 26.05.2021 20:00, 173899

A luxury apartment is priced at $235,000. An 85% mortgage can be obtained over a 20 year period. Find:
a) The deposit payable
b) The mortgage needed
c) The total amount of money repaid to the bank if each monthly payment was
$2839
d) The total amount paid for the house.

Answers: 3

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A luxury apartment is priced at $235,000. An 85% mortgage can be obtained over a 20 year period. Fi...