PLEASE HELP
(a) What is the mortgage amount she will borrow?
(b) Can she afford th...
Mathematics, 21.02.2020 23:43 kylemartinez13
PLEASE HELP
(a) What is the mortgage amount she will borrow?
(b) Can she afford this mortgage? Justify your response.
When buying a home, 2 times your gross annual income is the magic number
Mortgage ≤ 2 · Gross annual income
(c) What will her monthly mortgage payment be?
(d) What will her total payment for the house be?
(e) What is the amount of interest she will pay
PLEASE SHOW YOUR WORK!!!
Answers: 3
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