deandreamcwill785 deandreamcwill785

12-04-2021
Mathematics

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Use PMT equals StartFraction Upper P (StartFraction r Over n EndFraction )Over [1 minus (1 plus StartFraction r Over n EndFraction )Superscript negative nt ]EndFraction to determine the regular payment amount, rounded to the nearest dollar. The price of a home is $195 comma 000. The bank requires a 20% down payment and three points at the time of closing. The cost of the home is financed with a 30-year fixed-rate mortgage at 10%. Complete parts (a) through (e) below. a. Find the required down payment. $ 39,000 b. Find the amount of the mortgage. $ nothing

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Alanarosemanning Alanarosemanning

12-04-2021

Answer:

I think it’s best to ask your teacher

Step-by-step explanation:

Sorry I needed the points

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