Homework Clinic

Social Science Clinic => Business => Finance => Topic started by: mpobi80 on Nov 11, 2019

Title: Ianna has found a fixed rate mortgage for $300 000 at four percent interest amortized over 30 years. ...
Post by: mpobi80 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.

Title: Ianna has found a fixed rate mortgage for $300 000 at four percent interest amortized over 30 years. ...
Post by: Perkypinki on Nov 11, 2019

$2214.

Title: Re: Ianna has found a fixed rate mortgage for $300 000 at four percent interest amortized over 30 ye
Post by: Varun Kishore on Oct 22, 2020

thank you

Title: Re: Ianna has found a fixed rate mortgage for $300 000 at four percent interest amortized over 30 ye
Post by: Estefania Vazquez on Dec 10, 2020

Thank you!