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Ksivusya [100]
3 years ago
5

Lara is buying a home for $360,000. She is making a 10% down payment and financing the rest with a 30-year loan at 6% interest.

What will her total payment for the home be? Round your answer to the nearest dollar.
Business
2 answers:
vovikov84 [41]3 years ago
8 0

Answer:

The correct answer is 735,373  just took the test!  100% correct!

Explanation:

pogonyaev3 years ago
6 0

Answer:

total payment = $699,315.73

Explanation:

since Lara is making a 10% down payment, the principal of the loan will = $360,000 x 90% = $324,000

using a loan calculator:

  • principal = $324,000
  • APR = 6%
  • n = 30 years or 360 monthly payments

monthly payment = $1,942.54

total payment = $699,315.73

interests paid = $375,315.73

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7 0
2 years ago
Suppose Germany, a large country, imposes a tariff on tuna imports. Before the tariff, all the countries in the world are engage
Ede4ka [16]

Answer:

1. This is true.

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2. This is true.

German producers no longer have to compete as much with imported tuna which was cheaper. They will therefore be able to raise their prices.

3. This statement is false.

The world price of Tuna DOES NOT increase because the tariff is only applicable in Germany. Other parts of the world will trade tuna as before. This is what is assumed.

4. This statement is true.

If Vietnam was exporting tuna to Germany, they will become worse off because they will see a decline in demand for their tuna on account of the tariffs making the tuna more expensive.

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5 0
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does the social responsibility and social efficiency of a company weigh into your decision when buying a product
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lidiya [134]

Answer:

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