Manuel purchases a house and gets a 30-year mortgage for $175,000 at 4% APR. In addition to the monthly payment, the lender requires him to pay into an escrow account for the homeowners insurance and property tax. His homeowners insurance is $1400 per year and the property tax is $1300 per year. Determine the monthly payment to the lender that includes the insurance and property tax. Round your answer to the nearest cent. Answer Keypad Keyboard Shortcuts

Q: down payment     $  mortgage     $

A: Solution:

Q: Calculate the monthly interest for the given credit card transaction $200 balance, 10% interest…

A:

Q: Mike pawns his watch for $120. After 30 days buys it back for $140 what was the interest did the…

A: Solution :  Given that  Mike pawns his watch for $120. After 30 days buys it back for $140

Q: the

A:

Q: Find the interest on the following loan. $5386 at 6%; loan made on August 11 and due December 16 The…

A: We have to Find the interest on the following plan $5386 at 6%,loan made on August 11 and due on…

Q: A man barrowed Php. 2300 for 2 yearS. At the end of the year, he returned Php. 2,500 for principal.…

A: Given information Principal amount P=Php. 2300 Time period t=2 years Amount A=Php. 2500 We have to…

Q: An employee makes $13.83 per hour after getting a 3​% increase. What was his original wage per hour…

A:

Q: Use this table to find the monthly mortgage payments, when necessary. Roberto has a mortgage of…

A:

Q: Find the monthly payment (in $) and the total interest (in $) for a mortgage of $42,000 at 52% for…

A:

Q: A union Contract calls for a 3.2% salary increase. Find the increase for a worker currently earning…

A: percentage

Q: Round your answer to the nearest dollar.Make a 5% offer on a Ford Escort that has a sticker price of…

A: The objective of this question is to calculate a 5% offer on a Ford Escort that has a sticker price…

Q: Christina bought a new car for $32,000. She paid a 20 % down payment and financed the remaining…

A: According to the question, To determine Christina's monthly car payment, we need to calculate the…

Q: You can afford $1,000 per month as a house payment. If you can get a home loan at 5.2% interest for…

A: Given that The monthly payment PMT=$1000Interest rate  r=5.2%=5.2100=0.052Compounded monthly…

Q: Sanjeep takes out a $250,000 mortgage. The yearly interest rate on the loan is 5% and the loan is…

A:

Q: Find the monthly payment for the loan. Round to nearest cent. Finance $852000 for an apartment…

A:

Q: James wants to buy a car that costs $14,550. The dealership will finance the car for 5 years, at…

A:

Q: A business analyst starts at $45,000. She receives a 5% raise at the end of each year. What is her…

A: P=$45000Rate = R= 5% =0.05Time=t=6 years

Q: Michelle bought a new car for $21,000. She paid a 10% down payment and financed the remaining…

A:

Q: For a three year bond of $2,600 at a simple interest rate of 10% per year, find the semiannual…

A:

Q: Ernie Rolph deposits ​$7150 at 4​% for 1 year. How much interest will he​ earn? What is the account…

A: Given query is to find the amount after 1 year.

Q: Divya has a 30-year mortgage for $248,000 with a 3.8% fixed annual interest rate. What is the total…

A: Basic simple interest problem of algebra. Here option (C) is correct the solution is provided below