Business, 24.03.2020 17:35 lizzyhearts
You plan to purchase an $100,000 house using a 15-year mortgage obtained from your local bank. The mortgage rate offered to you is 4 percent. You will make a down payment of 10 percent of the purchase price. a. Calculate your monthly payments on this mortgage. b. Calculate the amount of interest and, separately, principal paid in the 90th payment. c. Calculate the amount of interest and, separately, principal paid in the 108th payment. d. Calculate the amount of interest paid over the life of this mortgage.
Answers: 1
Business, 21.06.2019 22:30
Quantitative problem: you need $20,000 to purchase a used car. your wealthy uncle is willing to lend you the money as an amortized loan. he would like you to make annual payments for 4 years, with the first payment to be made one year from today. he requires a 8% annual return. what will be your annual loan payments? round your answer to the nearest cent. do not round intermediate calculations. $ how much of your first payment will be applied to interest and to principal repayment? round your answer to the nearest cent. do not round intermediate calculations. interest: $ principal repayment
Answers: 1
Business, 22.06.2019 15:00
Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii
Answers: 2
Business, 22.06.2019 20:50
Which of the following statements regarding the southern economy at the end of the nineteenth century is accurate? the south was producing as much cotton as it had before the civil war.
Answers: 3
Business, 22.06.2019 21:00
Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations.
Answers: 1
You plan to purchase an $100,000 house using a 15-year mortgage obtained from your local bank. The m...
Mathematics, 19.10.2021 14:00
Business, 19.10.2021 14:00
Mathematics, 19.10.2021 14:00
Computers and Technology, 19.10.2021 14:00
Mathematics, 19.10.2021 14:00
Mathematics, 19.10.2021 14:00
Mathematics, 19.10.2021 14:00
Mathematics, 19.10.2021 14:00
Mathematics, 19.10.2021 14:00
Social Studies, 19.10.2021 14:00
Social Studies, 19.10.2021 14:00
Mathematics, 19.10.2021 14:00