You are purchasing a home for $150,000 at a 4% APR. Your loan period is 360 months. If you make payments of $1,150, how long will it take you to repay your entire loan? 130 months 197 months 202 months 156 months 171 months 2.
You are purchasing a home for $150,000 at a 4% APR. Your loan period is 360 months. If you make payments of $1,150, how long will it take you to repay your entire loan? 130 months 197 months 202 months 156 months 171 months 2.
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,...
Related questions
Question
1.
-
You are purchasing a home for $150,000 at a 4% APR. Your loan period is 360 months. If you make payments of $1,150, how long will it take you to repay your entire loan?
130 months
197 months
202 months
156 months
171 months
2.
-
You are purchasing a home for $150,000 at a 4% APR. Your loan period is 360 months. If you make payments of $1,150, how long will it take you to repay your entire loan?
130 months
197 months
202 months
156 months
171 months
-
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