You borrowed $185,000 for 30 years to buy a house. The Interest rate is 4.35 percent, compounded monthly. If you pay all of your monthly payments as agreed, how much total Interest will you pay on this mortgage? (Round the monthly payment to the nearest whole cent.) a. $150.408 b. $147.027 c. $146.542 d. $154,319 e. $141,406
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “You borrowed $185,000 for 30 years to buy a house. The Interest rate is 4.35 percent, compounded monthly. If you pay all of your monthly ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Paying a bribe, paying a celebrity to make advertising endorsements and making a substantial contribution to a community project are examples of which method of getting people to do what you want?
Answers (1)
The statement of cash flows reports all but which of the following: Multiple Choice Cash flows from operating activities. Cash flows from financing activities. Cash flows from investing activities.
Answers (1)
Anna asks her broker to divide her investment of $2000 among three funds, x, y, and z. she decides that her investment in x should be twice her investment in z. during the first quarter, x earned 4.5%, y earned 2.6%, and z lost 0.2%.
Answers (1)
Jackson's Catering Company provided cookies worth $3,000 to the local college. The college paid immediately. Record this transaction in Jackson's accounting equation by:
Answers (1)
It will cost $3,000 to acquire a small ice cream cart. cart sales are expected to be $1,400 a year for three years. after the three years, the cart is expected to be worthless as that is the expected remaining life of the cooling system.
Answers (1)
New Questions in Business
How does the government of a republic typically shape its economy? A. The government allows citizens to own private businesses. B. The government blocks the ownership of personal property. C. The government owns all homes and other forms of housing.
Answers (1)
For a business credit card, most companies that issue credit, including Visa and Mastercard, specifically state their liability policies: Only cover the first $50.
Answers (1)
In the resource-based view of the firm, examples of tangible resources include: Select one: a. outstanding customer service, innovativeness of products, and reputation b.
Answers (1)
Off-Line Co. has 9,000 units in beginning finished goods. The sales budget shows expected sales to be 36,000 units. If the production budget shows that 42,000 units are required for production, what was the desired ending finished goods?
Answers (1)
g resh bought 1,000 shares of Ibis Corporation stock for $5,600 on January 15, 2017. On December 31, 2019, she sold all 1,000 shares of her Ibis stock for $4,800.
Answers (1)