Mrs. Jasperhas agreed to buy a home with a mortgage (loan) of $354,000. Her monthly payments are $1,550.36. After 30years of payments, the total amount she would pay is a)$558,129.60 b)$354,000.00 c)$46,510.80 d)$18,604.32
Mrs. Jasperhas agreed to buy a home with a mortgage (loan) of $354,000. Her monthly payments are $1,550.36. After 30years of payments, the total amount she would pay is a)$558,129.60 b)$354,000.00 c)$46,510.80 d)$18,604.32
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 3ECP: Your family has annual loan payments equal to 28 of its annual income. During theyear, the loan...
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Mrs. Jasperhas agreed to buy a home with a mortgage (loan) of $354,000. Her monthly payments are $1,550.36. After 30years of payments, the total amount she would pay is
a)$558,129.60
b)$354,000.00
c)$46,510.80
d)$18,604.32
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