Mathematics, 17.10.2021 01:00, jake7484

A home mortgage of $400,000 with a fixed APR of 3.5% for 30 years. a. Calculate the monthly payment.

b. Determine the total amount paid over the term of the loan.

c. Of the total amount paid, what percentage is for the principle and what percentage is for interest?

Answers: 2

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A home mortgage of $400,000 with a fixed APR of 3.5% for 30 years. a. Calculate the monthly paymen...