A woman buys a house for a $340,000. She pays $40,000 down and takes out a mortgage at 5.7% for 20 years on the balance. Find her monthly payment and the total amount of interest she will pay. The woman will make payments of $ (Do not round until the final answer. Then round to the nearest cent)
A woman buys a house for a $340,000. She pays $40,000 down and takes out a mortgage at 5.7% for 20 years on the balance. Find her monthly payment and the total amount of interest she will pay. The woman will make payments of $ (Do not round until the final answer. Then round to the nearest cent)
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.43TI: Sean’s new car loan statement said he would pay $4,866.25 in interest from an interest rate of 8.5%...
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