United Bank offers a 15-year mortgage at an APR of 4.2%. Capitol Bank offers a 25-year mortgage at an APR of 4.5%. Marcy wants to borrow $120,000. a. What would the monthly payment be from United Bank? b. What would the total interest be from United Bank? Round to the nearest ten dollars. c. What would the monthly payment be from Capitol Bank?

Caleb received an invoice for $5,000 that had payment terms of 4/15 n/30. He made a partial payment of $2,500 during the discount period.   a. Calculate the amount credited. Round to the nearest cent   b. Calculate the balance on the invoice after the partial payment was made.

The principal is $3,000,000. Mortgage payments are paid monthly. Compare the mortgage payments for a 15-year( 2.25%)and 30-year(3%) fixed-rate mortgage.

Oprah Winfrey has closed on a 42-acre estate near Santa Barbara, California, for $52,000,000. If Oprah puts 30% down and finances at 6.5% for 30 years, what would her monthly payment be? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.)