Mathematics, 06.11.2021 02:50, scoutrussel4life

Consider a home mortgage of $175,000 at a fixed APR OF 4.5% for 15 years a Calculate the monthly payment.
b. Determine the total amount paid over the term of the loan
c. Of the total amount paid, virat percentage is paid toward the principal and what percentage is paid for interest

Answers: 1

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Consider a home mortgage of $175,000 at a fixed APR OF 4.5% for 15 years a Calculate the monthly p...

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Consider a home mortgage of $175,000 at a fixed APR OF 4.5% for 15 years a Calculate the monthly payment. b. Determine the total amount paid over the term of the loan c. Of the total amount paid, virat percentage is paid toward the principal and what percentage is paid for interest

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Consider a home mortgage of $175,000 at a fixed APR OF 4.5% for 15 years a Calculate the monthly payment.
b. Determine the total amount paid over the term of the loan
c. Of the total amount paid, virat percentage is paid toward the principal and what percentage is paid for interest