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AleksAgata [21]
3 years ago
13

You plan to buy a house in July 2019. The sale price is $350,000. You need to pay 20% down payments and borrow additional 80% fr

om Wells Fargo with a traditional 15-year, 3.6% fixed-rate mortgage loan. You are expected to pay an equal MONTHLY payment starting from August 2019 for a total of 15 years.
Business
1 answer:
daser333 [38]3 years ago
6 0

So your down payment would be 70,000 (which is 350,000 X .2)

So you would be financing 280,000

Using the payment function

PV= 280,000

R= .036/12

N = 15*12= 180

Your payment would be: 2,015.45

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When using the indirect approach to organize your negative news message, you should open with a(n) ________.
miskamm [114]

There are five different methods to begin a statement with unfavorable news, but the most appropriate one is to use a buffer statement.

<h3>What are the statements?</h3>

Statements are sentences that can either be true or untrue. As a result, a statement is a claim that something is true or false.

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3 0
2 years ago
Roberto consumes coke exclusively. he claims that there is a clear taste difference and that competing brands of cola leave an u
VikaD [51]
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5 0
3 years ago
A check for which a​ maker's bank account has inadequate money to pay the check is known as​ ________.
nevsk [136]
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Hope that helps! :)
6 0
2 years ago
Please someone help me..
grandymaker [24]

already answered this question for you in a previous post.

8 0
2 years ago
$459 into an investment at 5% for six years. What will the balance be at the end of six years?
mrs_skeptik [129]

Answer:

A=615.10

Explanation:

The balance after six years is the future value of 459 at a 5% interest rate.

The applicable formula is

A= P( 1+ r )^n

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P= 459

r=5%

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A= 459(1+5/100)^6

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A=459 x 1.34

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A=615.10

7 0
3 years ago
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