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Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 20% down...Asked by Anonymous
Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 30% down. Assume that the monthly cost to finance $1,000 is $6.00. What are the monthly payments?
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Answered by
Henry
Po = 450,000 - 0.2*450,00 = $360,000.
Monthly=(360,000/1000) * 6.00 = $2160.
Monthly=(360,000/1000) * 6.00 = $2160.
Answered by
Zenaida
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I had a quiock question which I'd like to ask if you don't
mind. I was interested tto know how you center yourself
and clear your head before writing. I've had a tough time
clearing my thoughts in getting my ideas out.
I truly do enjoy writing however it just seems like the first 10 to 15 minutes are lost just trying to figure out how to
begin. Any ideas or hints? Appreciate it!
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