am-MATH 1330 - Math b. Details bartleby 2 New tab https://www.webassign.net/web/Student/Assignment-Responses/submit?dep=25487892&tags=autosave#question4023958_1 Sign in DETAILS HARMATHAP12 6.5.025. MY NOT 4 couple who borrow $70,000 for 20 years at 7.2%, compounded monthly, must make monthly payments of $551.14. (Round your answers to the nearest cent. (a) Find their unpaid balance after 1 year. (b) During that first year, how much interest do they pay? 2$

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A Final Exam - MATH 1330 - Math x
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HARMATHAP12 6.5.025.
MY NOTES
A couple who borrow $70,000 for 20 years at 7.2%, compounded monthly, must make monthly payments of $551.14. (Round your answers to the nearest cent.)
(a) Find their unpaid balance after 1 year.
2$
(b) During that first year, how much interest do they pay?
$1
Transcribed Image Text:A Final Exam - MATH 1330 - Math x b Details | bartleby 2 New tab x |+ A https://www.webassign.net/web/Student/Assignment-Responses/submit?dep=25487892&tags=autosave#question4023958_1 Sign in 18. DETAILS HARMATHAP12 6.5.025. MY NOTES A couple who borrow $70,000 for 20 years at 7.2%, compounded monthly, must make monthly payments of $551.14. (Round your answers to the nearest cent.) (a) Find their unpaid balance after 1 year. 2$ (b) During that first year, how much interest do they pay? $1
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