Top Posters
Since Sunday
y
2
m
2
m
2
u
2
m
2
B
2
M
2
e
2
k
2
N
2
y
2
m
2
New Topic  
tifftran tifftran
wrote...
Posts: 155
Rep: 0 0
9 months ago

John Lee bought a home in Des Moines, Iowa, for $65,000. He put down 15% and obtained a mortgage for 30 years at 8 ½%. What is (A) John's monthly payment and (B) the total interest cost of the loan?

Note: Round your answers to the nearest cent.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
Read 59 times
1 Reply
Replies
Answer verified by a subject expert
nikki24303nikki24303
wrote...
Posts: 145
Rep: 0 0
9 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

tifftran Author
wrote...

9 months ago
Just got PERFECT on my quiz
wrote...

Yesterday
this is exactly what I needed
wrote...

2 hours ago
Brilliant
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  646 People Browsing
Related Images
  
 1079
  
 361
  
 260
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 486