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3 years ago

10

I need help with a quick question. Its posted below!

1 answer:

Art [367]3 years ago

4 0

Home price is $245,000. There is no down payment mentioned.
I understand 20/4 as amortized over 20 years and balloon payment after 4 years.

Total cost would be = Balloon payment + Total monthly payment

4 years x 12 months = 48 months
Balloon payment = 216,789.79 x 1 mo = 216,789.79
Total monthly payment = 1,727.11 x 47 mos = 81,174.17

Total cost = 216,789.79 + 81,174.17 = 297,963.96

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What class is this for?

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3 years ago

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s344n2d4d5 [400]

Answer:

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Step-by-step explanation:

Principal loan amount is the total amount minus down-payment:

$Principal=24000-1000\\\\=23000$

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Hence, the monthly payment is $403.15

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3 years ago

I need help !!!!!!!!!!!!!!! For 1 and 2

11Alexandr11 [23.1K]

Answer:

#1: 5

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Step-by-step explanation:

Inverse of Pythagorean Theorem: c²-b²=a²

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$\sqrt{25}$ = 5

Pythagorean Theorem: a²+b²=c²

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3 years ago

What must be true for lines a and b to be parallel lines? Select four options

kondaur [170]

Answer:

Step-by-step explanation: make sure that a+b=180

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2 years ago

Read 2 more answers