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your mortgage payment is $1,500
Which of these is NOT an example of a fixed expense in a budget?
Responses A car payment car payment B mortgage payment mortgage
1 answer
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You decide to buy a new home for $101000.00 at 7.5% interest rate. You feel that you can afford $800.00 for a mortgage payment.
0 answers
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Sam
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Mortgage Payment:
The equation below helps us determine the monthly payment for a mortgage. P a y m e n t = P ⋅ ( r n ) 1 − (
11 answers
18 views
Mortgage Payment:
The equation below helps us determine the monthly payment for a mortgage. 𝑃 𝑎 𝑦 𝑚 𝑒 𝑛 𝑡 =
1 answer
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1
14 views
Mortgage Payment:
The equation below helps us determine the monthly payment for a mortgage. 𝑃 𝑎 𝑦 𝑚 𝑒 𝑛 𝑡 =
1 answer
asked by
1
11 views
jesse buys a 150 000 house and will make a 30 000 down payment the bank will charge him an interest rate of 5% with the mortgage
1 answer
asked by
jodi jerome
755 views
Could someone tell me how to calculate this in excel?
You are applying for a 30-year, fixed-rate (APR 6.50%),
1 answer
asked by
Brittany
828 views
Suppose you take out a mortgage for $750000 at 5% interest per year compounded annually. If your mortgage is amortized over 5
1 answer
asked by
Lesedi
171 views
Mr. and Mrs. Rahman purchase a house of 115,000. They make a 20% down payment. With the balance amortized by a 30-year mortgage
1 answer
asked by
Sarah
104 views
Ato Liku purchases a house for Br. 250, 000. He makes a 20% down payment, with a
balance amortized by a 30 year mortgage at an
1 answer
76 views