You invest $2100 in an account at 1.5% per year simple interest. The equation that represents this scenario is:
A(n) = 2100 + (n-1)(0.015. 2100)
How much will you have in the account in year 6? Round your answer to the
nearest dollar.
A. $17,850
B. $2258
C. $2132
O D. $2289

Melissa is purchasing a $160,000 home and her bank is offering her a 30-year mortgage at a 4.9% interest rate. in order to lower her monthly payment, melissa will make a 20% down payment and will purchase 3 points. what will her monthly mortgage payment be? a. $645.98 b. $650.46 c. $662.93 d. $606.69