kryanhurst03 kryanhurst03
  • 09-02-2021
  • Mathematics
contestada

Robert took out an 80/20 mortgage to buy a $100,000 house. The first (80%%)
mortgage has an interest rate of 4.75%, and the second (20%) mortgage has
an interest rate of 7.525%. Both mortgages are 30-year fixed-rate mortgages.
What is the total mortgage payment for this house?

Respuesta :

olafkat2002 olafkat2002
  • 12-02-2021

Answer:

557.51

Step-by-step explanation:

TOOK ONE FOR THE TEAM

Answer Link

Otras preguntas

which is greater 1 gal or 15 c
who were the real rulers of sparta?
What does Para mean in latin?
The distance covered by one step is 2.5 feet long. how many steps would the average person take to travel 50 feet
Terry has between 50 and 100 pennies and her piggy bank. She can count them two at a time and come out even. She can also count them three and five at a time an
What does Para mean in latin?
What were three  things happened to  slaves during their first year in America?
You apply to 20 graduate programs, 10 of which are in clinical psychology, 5 of which are in counseling, and 5 of which are in social work. You receive a
What is an Autobiography
Is there a correlation between the number of chromosomes ad the complexity of an organism? Give support for your answer.