jgilligan7737 jgilligan7737

23-05-2023
Mathematics

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A couple has decided to purchase a $110000 house using a down payment of $16000. They can amortize the balance at 12% over 20 years.
a) What is their monthly payment? Answer = $
b) What is the total interest paid? Answer = $
c) What is the equity after 5 years? Answer = $
d) What is the equity after 15 years? Answer = $

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