Mathematics, 13.01.2021 09:20 jhenifelix
Gary Penn owns a $150,000 brick home. He
insures it for 100% of its replacement value. His rate of assessment is
35%, his tax rate is 51.58 mills, and his fire protection is rated class 6.
He has a $120,000.00 mortgage at 8% for 20 years. How much is the
monthly payment for the (a) mortgage, (b) real estate taxes,
(c) insurance, and (d) total monthly payment?
Answers: 2
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Gary Penn owns a $150,000 brick home. He
insures it for 100% of its replacement value. His rate of...
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