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Ray Of Light [21]
3 years ago
14

You are considering the purchase of a home that would require a mortgage of $150,000. How much more in total interest will you p

ay if you select a 30-year mortgage at 5.65% rather than a 15-year mortgage at 4.
Business
1 answer:
Irina18 [472]3 years ago
3 0

Answer:

$111,991.59

Explanation:

using a loan calculator, I found the following information:

principal $150,000

apr 5.65%

360 monthly payments of $865.85

total payments $311,707.33

total interest charged on the loan $161,707.33

principal $150,000

apr 4%

180 monthly payments of $1,109.53

total payments $199,715.74

total interest charged on the loan $49,715.74

if you choose the 30 year mortgage, you will pay $161,707.33 - $49,715.74  = $111,991.59

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Which of the following, if included in a student's paper, would NOT be an example of plagiarism?

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Which of the following, if included in a student's paper, would NOT be an example of plagiarism?

1. In the game of baseball, which is rather boring, the batter stands on home base (Hughes 1).

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3. Baseball is "a rather boring sport played between two teams of nine players" (Hughes 1).

4. All of these are plagiarism.

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5 0
3 years ago
The total value of all goods and services produced annually in the united states is called
monitta
The GROSS NATIONAL PRODUCT(GNP)
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D: 1 only

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B. What the impact on XYZ's accounting equation in Maywhen it recorded the transaction as a debit to consultant expense for $10,
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The above entry would decrease stockholders' equity by $10,000 and increase the liabilities by $10,000.

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