QUESTIONS Suppose you obtain a mortgage for $200,00, you have to put 20% down the...
50.1K
Verified Solution
Link Copied!
Question
Finance
QUESTIONS Suppose you obtain a mortgage for $200,00, you have to put 20% down the interest rate is 4% a year and the mortgage is for 30 years. How much will you pay in TOTAL for this $200,000 loan? A $533.33 B. $114,991.21 C $234,556.76 D. $274,991.21 QUESTION 9 Suppose you obtain a mortgage for $200,00, you have to put 20% down, the interest rate is 6.5% a year and the mortgage is for 30 years. How much will you pay in TOTAL for this $200,000 loan? A. $1,011.31 B. $204,071.18 C. $364,071.18 D. 5474 991.21
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
