Answer:
correct option is C. $399,060
Step-by-step explanation:
given data
balloon mortgage = 7/23
initial payments = $915
time = 30 year
new payments = $895
solution
we know here that 7/23 is that loan has fixed rate = first 7 years.
so that initial payments for 7 years is here
initial payment = 7 × 12 × 915
initial payment = $76860
and
payments for 30 years when refinance her balloon
payments for 30 year = 30 × 12 × 895
payments for 30 year = $322200
so total financed cost paid for her house is
total financed cost = $76860 + $322200
total financed cost = $399,060
so correct option is C. $399,060
Answer:
1 mile = 160 934.4 centimeters
Answer:
Kelvin Doe is from a small village in the Republic of Sierra Leone in West Africa. Your welcome :)
M+5 > -1
Subtract 5 from both sides:
M > -6
Hope this helps :)