This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Ianna has found a fixed rate mortgage for $300 000 at four percent interest amortized over 30 years. ... (Read 310 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
on: Nov 11, 2019
Ianna has found a fixed rate mortgage for $300 000 at four percent interest amortized over 30 years. Her payment will be $1426 per month. How much would her payment be if she wanted to amortize the mortgage over 15 years?
◦ $2214.
◦ $2219.
◦ $1733.
◦ $1711.
Personal Finance ¦ Madura, Gill ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mpobi80 on Nov 11, 2019

Perkypinki

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


Varun Kishore

  • Newbie
  • *
  • Posts: 1
Reply #2 on: Oct 22, 2020
thank you


Estefania Vazquez

  • Newbie
  • *
  • Posts: 1
Reply #3 on: Dec 10, 2020
Thank you!
« previous next »
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first
“Mission Accomplished” proclaimed the banner on the USS Abraham Lincoln, where on May 1, 2003, Presi “Mission Accomplished” proclaimed the banner on the USS Abraham Lincoln, where on May 1, 2003, Presi
Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
Many different types of labels may be found on packages containing hazardous materials. Clockwise ... Many different types of labels may be found on packages containing hazardous materials. Clockwise ...
What rate, compounded once every 3 years, is equivalent to 9% effective rate? What rate, compounded once every 3 years, is equivalent to 9% effective rate?
Video: Amniocentesis and CVS Animation

For a complete list of videos, visit our video library