This topic contains a solution. Click here to go to the answer

Author Question: The Henderson's borrow $407,000 to purchase a new home. They finance the amount through a 30 -yr ... (Read 47 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545

Question 1

Tasha borrows $9000 to purchase a new car. She finances the amount through an amortized loan at an annual interest rate of 9.9%, compounded monthly for 3 yr. Find Tasha's monthly car payment?
◦ $339.88
◦ $289.98
◦ $24.75
◦ $74.25

Question 2

The Henderson's borrow $407,000 to purchase a new home. They finance the amount through a 30 -yr mortgage at an annual interest rate of 5.6%, compounded monthly. Find the Henderson's monthly mortgage payment.
◦ $1899.33
◦ $14,570.06
◦ $2336.50
◦ $3957.24


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jCorn1234 on Jun 16, 2021

polinasid

  • Sr. Member
  • ****
  • Posts: 344
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 29% of students answer this correctly




jCorn1234

  • Member
  • Posts: 545
Reply 2 on: Jun 16, 2021
:D TYSM


nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

For a complete list of videos, visit our video library