Answer:
I'm totally gonna have $49.600, in two years earn $9.600.
Answer:
1203/100
Step-by-step explanation:
12 times 100 equals 1200 plus three equals 1203/100
Answer:
a.) 1908.30
b.) 96373.15
c.)302491.15
unrounded answers below
Step-by-step explanation:
The amount that is to be loaned out is 380000-110000=270000
The effective montly rate is .07/12=.005833333
a.)

b.)
use what is called the prospective method (the outstanding loan balance at time n is equal to the present value of the remaining payments)

c.)
total paid= 1908.303833*12*25=572491.1499
amount of loan: 270000
Total interest paid:
572491.1499-270000=302491.1499
Answer:
61,180 the decrease in house value
Step-by-step explanation:
260,820 is the house current value