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Author Question: You just bought a house. You made a $60,000 down payment and financed the balance with a 15-year ... (Read 854 times)

melina_rosy

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You just bought a house. You made a $60,000 down payment and financed the balance with a 15-year home mortgage loan with an interest rate of 4.8% compounded monthly. Your monthly mortgage payment is $780.41. What was the selling price of the house?  Round your answer to the nearest dollar.
◦ $159,999
◦ $162,550
◦ $150,995
◦ $125,000
◦ $158,999


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Marked as best answer by melina_rosy on May 5, 2020

akpaschal

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