You are looking to buy a house with a 30-year mortgage.  The interest rate is 2.85%. 5. What will your monthly payments be if you buy a $250,000 house? How much will you end up paying total for the house?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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You are looking to buy a house with a 30-year mortgage.  The interest rate is 2.85%.

5. What will your monthly payments be if you buy a $250,000 house? How much will you end up paying total for the house?

6. What will your monthly payments be if you buy a $350,000 house? How much will you end up paying total for the house?  How much more did you end up paying for the $350,000 house?

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